Exigen Services Ranked by Inc5000 Annual Growth Award

September 18, 2008

Exigen® Services, the leading next generation application outsourcing provider, today announced it has been awarded the title of one of the 100 fastest growing private IT services companies in America, according to Inc. Magazine’s 2008 Inc5000 rankings. With a 43 percent compound annual growth rate between 2004 and 2007, the company is in the 89th percentile of the fastest growing private companies and is one of the top 25 in the San Francisco Bay area.

The second annual Inc5000 awards recognize young companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth. The 2008 Inc5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007. Complete results of the Inc5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.

Exigen Services’ Outsourcing 2.0 approach provides world-class execution to resolve some of IT’s greatest challenges. Using innovative combinations of methodologies, commercial terms and industry experience Exigen Services reduces the risks associated with most IT projects. The company focuses on providing packaged solutions designed to increase the value of offshore application development far beyond inexpensive labor. For information about Exigen Services’ latest packed offering, Flex-agility, or their application IT outsourcing offerings, please visit www.flex-agility.com.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

About Exigen Services

Exigen® Services is a global IT company that provides application outsourcing and business transformation services to clients in the Financial Services, Insurance, Telecom and Media industries. Exigen Services combines Agile development practices and value-based project governance with an outcome-based delivery model to facilitate alignment with clients and their business goals.

Together, Exigen Services and its clients manage project risk and focus on maximizing the value delivered throughout the project lifecycle. Centers of Excellence for industries and technologies and a global network of delivery teams are located across Northern and Eastern Europe, Russia, China and the U.S. Industry-leading clients range from mid-sized growth companies to large global organizations including: T-Mobile, Julius Baer, Eniro, and Hollard Insurance.