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Invoice Insight Ranked #11 in Deloitte Fast 50



Second Year in a Row for SaaS Leader

Manassas, VA. – October 4th, 2007 - Invoice Insight (www.invoiceinsight.com), the leading Software-as-a-Service (SaaS) telecom expense and asset management provider, has been named to the Deloitte Fast 50 Virginia list for the second consecutive year. This year, Invoice Insight ranked number eleven on Deloitte’s prestigious Technology Fast 50 program for Virginia, a ranking of the fastest growing technology, media, telecommunications, and life sciences companies in Virginia by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006. This year’s Virginia Technology Fast 50 program is presented by Deloitte and sponsored by WilmerHale, NASDAQ and SmartCEO.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Virginia, and be a company that owns proprietary technology or proprietary intellectual property 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 or intellectual property in a unique way does not qualify.

"We are honored to receive the award and I want to thank our customers for their continued commitment to us – they are the reason we continue to grow year after year," states David Spofford, Invoice Insight Chief Executive Officer.

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Gary H. Tabach, Managing Partner of Deloitte’s Greater Washington practice. "Invoice Insight has proven to be one of the fast-growth success stories in Virginia, and we applaud their dedication to making their vision a reality."

About Invoice Insight, Inc.
Established in 2000, Invoice Insight (www.invoiceinsight.com) is the leading provider of Software-as-a-Service solutions for managing the expenses and assets associated with fixed and mobile communications services. Its diverse client base includes large and medium sized commercial enterprises as well as federal, state, and local government entities.

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.

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

Copyright © 2007 Deloitte Development LLC. All rights reserved.



 
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Invoice Insight is a leading provider of automated telecom cost management and telecom expense management solutions. Through BillPort™ technology and on-demand services, we help organizations with their telecom invoice management, telecom inventory management, telecom service ordering, telecom audit and contract management, telecom sourcing, telecom procurement, telecom MAC/D, and other telecommunication management needs. We help enterprises achieve telecommunication cost reduction using BillPort™ TEM technology or our telecom consulting and telecommunication audit automation services. We also provide e-gov (e-government or electronic government) solutions to Federal agencies, including government invoice processing, Federal expense management solutions, government telecom management software and other Federal, state and local government expense management and invoice management solutions. Terms and Definitions. Click to download the Free Macromedia Flash Player 7

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