Replicon Makes Top Ten Finish in The Fast 50

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Leader in online timesheet software awarded in Alberta's Growth Champions 2008.

It's very challenging to be a fast-growing company in such a competitive and constricted office market like Calgary's

Founded in 1996, Replicon is the world leader in web-based time and expense tracking solutions, and the innovator in productivity software.

Alberta Venture magazine annually produces the Fast 50 List, "Alberta's Growth Champions", listing some of the fastest growing companies in the province. The intent being to recognize growth-oriented businesses in Alberta based on sales and asset growth as some of the criteria.

Replicon Inc was again honored by making this prestigious list, and achieved an impressive sixth place ranking. It is the fifth consecutive year that Replicon has realized such similar and vast growth in business and overall sales in their online timesheet industry.

"It's very challenging to be a fast-growing company in such a competitive and constricted office market like Calgary's," says Raj Narayanaswamy, CEO of Replicon. "What's even more challenging is to sustain such a consistently high growth rate when you're already a well-established and market-leading company founded back in 1996!", noting that rankings on this list were highly contested in a red-hot economy.

With a remarkable client list of over 6,700 companies in 60 different countries, Replicon has made itself the benchmark in the productivity software and time and expense tracking industries.

About Replicon:
With more than 6,700 customers worldwide, Replicon, Inc. is the industry leader of web-based time and expense management solutions. Founded in 1996, Replicon, Inc. powers companies of all sizes to maximize profitability and productivity. Replicon's product suite of Web TimeSheet, Web TimeSheet ASP, Web Resource, and Web TimeOff facilitates a myriad of front and back office solutions, including billing, resource planning, budgeting and control, and employee time and expense. Some of Replicon's clients include HP, Nike, Ernst & Young, Sony Music Entertainment, Charles Schwab, BP Oil, Ferrari and Volvo. Replicon (http://www.Replicon.com), is based in Calgary, Alberta, Canada.

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Mike Hoyles
Replicon, Inc.
1-403-262-6519 +290
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