DefenseWeb Recognized As a ‘Software 500’ Company

DefenseWeb Technologies, Inc., a premier developer of customized enterprise software for Department of Defense (DoD) health care and quality of life organizations, today announced that the company has been named to Software Magazine’s annual ‘Software 500’ list.

The company ranked in the 390-399 decile and was named a ‘Leader in Software Revenue Growth,’ as well as a ‘Top 10 Growth Company’ in the $5 - $10 million range based on revenue ranking.

“Coming off the most successful quarter in the company’s history, we are honored to be included among this prestigious group of fast growing software and service providers,” said Douglas Burke, CEO of DefenseWeb. “As we look to the future, we are both excited and optimistic about additional opportunities for growth and expansion.”

The ‘Software 500’ is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

“The ‘Software 500’ helps CIOs, senior IT managers and IT staff research create the short list of business partners,” said John P. Desmond, editor of Software Magazine and Softwaremag.com. “It is a quick reference of vendor viability. That is content of value.”

The ranking is based on total worldwide software and services revenue for 2005. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 24th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About DefenseWeb Technologies, Inc.

DefenseWeb Technologies, Inc. (www.defenseweb.com) provides customized enterprise software development services for Department of Defense (DoD) organizations. Founded in 1998, DefenseWeb delivers Enterprise Information Portals, Case Management Systems, Clinical Information Systems, Business Process Automation Systems, Training Systems and Decision Support Systems for DoD health care, quality of life and family support organizations. The company's core competencies enable it to provide and maintain complex, mission-critical solutions on time, within budget and beyond expectations.