UpsideContract, the global leader in contract lifecycle management software, enables organizations to significantly streamline their entire contract management process.

EDMONTON, ALBERTA, CANADA — Upside Software, the global leader in Contract Lifecycle Management software announced today that it was ranked #17 in the Deloitte's prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada.

Upside Software ranked #17 on this Fast 50 list and was the only company from Edmonton, Alberta listed. Upside is already ranked as a leader in the enterprise contract lifecycle management market globally and is one of the only profitable “pure play” providers in this area of expertise. The company has experienced a 2,250% growth in revenues from 2001 to 2005 and continues to grow in double digits each year and continues to maintain profitability.

“To rank on the Deloitte Technology Fast 50, companies must have phenomenal revenue growth over five years,” said John Ruffolo, National Leader, Technology, Media & Telecommunications, Deloitte. “Upside Software has proven to be one of the fast-growth success stories in Canada, and we applaud their success and vision.”

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit www.fast50.com or www.fast500.com. 

“It is indeed a great honor to be placed on this highly recognized and admired list of the fastest growing companies in Canada – I am always pleased to see that the hard work our team delivers is recognized externally.” stated Ashif Mawji, Upside Software’s President and CEO. 

More information on the award presented to Upside Software can be found at:
http://www.fast50.ca/  

About Upside Software Inc.

Upside Software is the worldwide leader in Contract Lifecycle Management (CLM) solutions. Customers around the globe use UpsideContract and other integrated business solutions to confidently perform Contract Management, Sourcing & Procurement, and Invoice & Billing Management activities throughout their organizations. Upside Software’s products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Customers realize significant cost savings while improving customer and supplier relationships. Upside Software’s solutions are deployed in as little as 3 days and typically provide a full return-on-investment (ROI) in under a year. Founded in 2000, Upside Software is a profitable, growing company with an advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to customers of every size and in most industry verticals. Upside Software is headquartered in Edmonton, Alberta, Canada – for more information visit the company’s website at http://www.upsidesoft.com/ 

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