Approva Named to Software Magazine's 27th Annual Software 500

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Recognition reflects innovative new product offerings and continued market leadership for governance, risk & compliance applications

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The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners .The 2009 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% growth from the previous year

Approva Corporation (http://www.approva.net/), the leading provider of continuous controls monitoring software, today announced its inclusion on the Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year.

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

"We are honored to be named to this prestigious list of the world's largest software companies," said Approva Chief Executive Officer, John Becker. "This achievement is a testament to our continued innovation and the value our customers are realizing by using our applications to identify and respond to business exceptions that impact their bottom line."

"The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners .The 2009 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% growth from the previous year," says John P. Desmond, editor of Software Magazine and Softwaremag.com.

About Approva
Approva® Corporation is the industry-leading provider of continuous controls monitoring software and is the industry standard at Big-4 audit firms. We enable business, finance, IT and audit professionals to identify, manage and prevent business exceptions in order to reduce compliance risk, increase operational efficiency and prevent inappropriate payments. Global companies such as Bayer, DirecTV, Discovery Communications, First Advantage, Honeywell, Pratt & Whitney and T-Mobile rely on Approva to deliver actionable and auditable intelligence of control breakdowns across their business systems, processes and transactions. Approva has certified integrations with Microsoft, Sun Microsystems, IBM and SAP to provide a holistic Governance, Risk & Compliance (GRC) solution. For more information, visit http://www.approva.net or call us at +1-703-956-8300.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

Media Contact:
Katina Fisk
Approva
703-956-8415        

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