Data Management Named 411th Fastest Growing Tech Company in North America in Fast 500 Ranking

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Realized 416 Percent Revenue Growth Since 1999

Data Management, Inc (DMI), makers of TimeClock Plus™ time and attendance solutions, today announced its ranking as 411th on the 2004 Deloitte North America Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on average percentage revenue growth over five years, from 1999-2003. Data Management grew 416 percent during this period.

Data Management, Inc’s CEO, Jorge Ellis, credits their Christian principles and teamwork with the company’s 416% revenue growth over the past five years. “The growth we’ve experienced is a direct result of God’s guidance of a group of dedicated people willing to work together”, says Ellis.

The North America Technology Fast 500, founded in 1995, is a program of Deloitte's Technology, Media & Telecommunications (TMT) Group. The Fast 500 recognizes the 500 fastest-growing technology companies in the United States and Canada. Winners, selected from nominations and extensive research, are announced each fall.

"We congratulate Data Management, Inc on becoming one of the 500 fastest growing technology companies in North America. Growing the top line enough to make the Deloitte Technology Fast 500 is especially meaningful during tough economic times for the technology sector," said Mark A. Evans, national managing partner of Deloitte’s Technology, Media & Telecommunications Group.

“This list is historically dominated by technology companies based in metro areas such as San Jose, Austin, New York and Seattle. DMI’s presence in such an elite list is remarkable, but in reality using today’s tools, we’ve situated DMI into a virtual metro area that reaches far beyond West Texas”, says Mark Moorman, VP Operations. “Those pre-internet boundaries no longer limit innovative thinking and extended commerce as they did ten years ago, and I believe we’ll see more of this type of diversity appear in Deloitte’s lists over the next few years. Either way, we're excited about being recognized as a member of such an elite group of innovators, topped this year by Google. With only 409 companies now between us and Google, we know we're on the right track", continued Moorman.

Earlier this year, DMI earned a 29th ranking in the Fast 50 for Texas, a list of the 50 fastest growing technology companies in Texas.

Fast 500 Selection and Qualifications

Winners are selected based on the percentage of growth in revenues from 1999 to 2003. To be considered, Fast 500 and Fast 50 entrants must have met the following criteria:

-- 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD.

-- Must be a public or private company headquartered in North America and must have been in business a minimum of five years.

-- Must be a "technology company," defined as a company that owns proprietary technology 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 in a unique way does not qualify.

About Data Management

Data Management, Inc. (DMI) develops and markets TimeClock Plus™ Time and Attendance Solutions. TimeClock Plus is rapidly becoming one of the most recognized names in the industry, and helps organizations track, report, and control their workforce, resulting in reduced costs, and increased productivity. More than 2 million people around the world use TimeClock Plus every day. To find out more about DMI’s time and attendance solutions visit http://www.timeclockplus.com" or call 800 749-8463.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

Note: For a complete list of the Deloitte Technology Fast 500 winners for 2004 (and past years), visit http://www.fast500.com.

All names are trademarks or registered trademarks of their respective companies and are used for information purposes only.

The Deloitte Technology Fast 500 contains general information only, and Deloitte is not, by means of this program, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. The Technology Fast 500 is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect you or your business. Past performance is not necessarily indicative of future results. In addition, prediction of future events is inherently subject to both known and unknown risks, uncertainties and other factors that may cause actual results to vary materially. Before making any decision or taking any action that may affect you or your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person or entity that relies on this program.

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Mark Moorman