SCIVANTAGE RANKS NO. 225 ON THE 2007 INC. 500 WITH THREE-YEAR REVENUE GROWTH OF 1,010.4%

NEW YORK - 27 August 2007

Scivantage, a leading provider of web-based, front- and middle-office technology solutions to the financial services industry, today announced that it has been named to the 26th Annual Inc.

500 fastest-growing privately held companies in the U.S. Based on their solid revenue growth over the past three years, Scivantage ranked No.
225 on the Inc. 500 list with a growth rate of 1,010.4%.

Scivantage CEO Adnane Charchour credits the strong growth of the company to the growing need among financial institutions for technology solutions that offer firms increased flexibility and that help automate and streamline the way they transact business. "Innovative solutions, superior customer service and the strong relationships we have built with our clients have provided the foundation for our continued success." said Mr. Charchour. "Being acknowledged by Inc. Magazine is a testament to the quality of Scivantage's vision, solutions and the work of our team."

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

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