KXEN Recognized in Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) Companies

KXEN Analytic Framework V5 Drives Company Growth and Automated Data Mining Leadership. KXEN has been named to Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) companies. This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services - A Wells Fargo Company. Rankings are based on the percentage revenue growth over five years from fiscal year 2003-2007.

San Francisco, CA (PRWEB) November 4, 2008 -- KXEN has been named to Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) companies. This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services - A Wells Fargo Company. Rankings are based on the percentage revenue growth over five years from fiscal year 2003-2007.

"KXEN has a continued commitment to technology innovation and leadership in automated data mining and predictive analytics," said Roger Haddad, CEO of KXEN. "At KXEN, we believe no business or marketing organization is operating at top efficiency without the ability for rapid modeling and in-database analytics. Our growth worldwide continues to reaffirm our belief that use of data mining throughout the enterprise is essential for making business decisions and achieving organizational success, and KXEN is a recognized enterprise leader."

"I am very pleased that KXEN has been named to the Silicon Valley Technology Fast 50," said Omid Razavi, President of KXEN North America "KXEN is laser-focused on execution of our strategy and our unwavering commitment to the success of our customers and partners. This award is further evidence that automated data mining is now a mainstream business application and KXEN is leading the way."

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. KXEN has proven to be one of the fast-growth success stories in Silicon Valley, and we applaud their dedication to making their vision a reality," said Mark Jensen, Managing Partner, National Venture Capital Services, Deloitte & Touche LLP.

KXEN's increase in revenues of 379 percent from fiscal year 2003 to 2007 resulted in the recognition in the Technology Fast 50 for Silicon Valley.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscal year 2007, be headquartered in the San Francisco Bay Area, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About KXEN:

KXEN is a leading provider of customer analytics solutions to enterprises that depend on analytics as a competitive advantage. KXEN's Data Mining Automation Solution drives significant improvements in customer acquisition, retention, cross-sell and risk applications. Our solution integrates predictive analytics into strategic business processes, allowing our customers to drive greater value into their business. Find out more by visiting www.kxen.com.

About Deloitte:

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Contact KXEN:

Michele Moussavi

KXEN - North America

Office Phone: 415. 904.4165

Email: michele.moussavi @ kxen.com

###