Co-founder of Replicon, TimeSheet Software Provider, Honoured on the 8th Annual PROFIT W100 Ranking of Canada’s Top Women Entrepreneurs

Lakshmi Raj, Co-founder and Co-CEO of Replicon, Inc., achieves distinguished recognition as one of Canada’s Top Women Entrepreneurs for the third consecutive year.

Calgary, Alberta (PRWEB) October 25, 2006 –- Replicon, Inc., the corporate timesheet tracking vendor of choice for businesses, is pleased to announce that their Co-founder and Co-CEO Lakshmi Raj has once again earned a place on the 8th Annual PROFIT W100 Ranking of Canada's Top Women Entrepreneurs.

This is the third year in a row that Lakshmi Raj has ranked the PROFIT W100 list. This year, Raj climbs up 19 spots and is ranked #39 on the list. Raj ranked #52 in 2005 and #71 in 2004.

"I am honoured to be included in this prestigious list among other remarkable women entrepreneurs," said Raj. "With new technologies being introduced almost daily, remaining profitable and competitive within the software industry is a constant challenge. The company's success stems from our commitment to delivering superior customer service and state-of-the-art technology."

Ranking Canada's Top Women Entrepreneurs by the annual revenue of their firms, the PROFIT W100 profiles the country's most successful female business owners. Published in the November issue of PROFIT and online at PROFITguide.com, the PROFIT W100 is Canada's largest annual celebration of entrepreneurial achievement by women.

"The PROFIT W100 are role models for entrepreneurs who lead companies of any size, in any sector," says Ian Portsmouth, editor of PROFIT. "Through effective management, they've built profitable, sustainable businesses."

Since co-founding Replicon in 1996, Raj has been instrumental in transforming the company from a grass-roots start-up to a successful multi-million dollar global firm. Today, Replicon has business operations in Canada, Australia, India, and the United States. Further expansion of the business around the globe is already taking place.

Web TimeSheet, Replicon's flagship product, helps organizations manage corporate productivity, streamline time and billing processes, and increase bottom-line revenues. Replicon's products are available for purchase and easy download at the corporate website, www.replicon.com.

About PROFIT Magazine

PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's growing companies. Each year PROFIT—which currently reaches more than 370,000 readers nationally—hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com.

About Replicon Web TimeSheet

Web TimeSheet is the leading corporate timesheet and expense tracking solution with more than 4,200 customers in 55 countries. Award-winning Web TimeSheet is the only software that has an easy-to-use interface with a one-day implementation process guaranteed. As a result, employees adopt the solution in less than an hour. Businesses can now easily track time and expenses while selecting from more than 80 approval paths and 500 standard reports. Highly configurable and flexible in a click of a button, Web TimeSheet integrates with all major enterprise software including Quickbooks, Microsoft Project, Great Plains and others. Web TimeSheet is available for a FREE 14-day trial and for purchase at www.replicon.com.

About Replicon, Inc.

With more than 4,200 customers worldwide, Replicon, Inc. is the industry leader of web-based employee timesheet tracking software. Founded in 1996, Replicon, Inc. powers companies of all sizes to maximize profitability and productivity. Our product suite of Web TimeSheet, Web Resource, and Web TimeOff facilitates a myriad of front and back office solutions, including billing, resource allocation, project planning and costing, budgeting and control, and employee time and expense management. Our clients include Ernst & Young, Sony Music Entertainment, Charles Schwab, and Volvo. Replicon, http://www.replicon.com/?r=pr is based in Calgary, Alberta, Canada.

Media Contact:

Arlene Worsley

403/262-6519 ext. 284

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