FuelQuest Ranked Again as One of the Fastest Growing Technology Companies in Houston

Houston, TX - 22 January 2007

FuelQuest's ZyTax Solution enables automated determination of all indirect taxes associated with Sempra Energy's trading operations and the electronic filing of its motor fuel excise taxes

FuelQuest, a leading on demand software and services company providing web-based supply chain management and tax automation solutions to the petroleum industry, has once again been placed on Houston Business Journal's Fast Tech 50 list. The Fast Tech 50 Awards, which were handed out in November, are presented to 50 of the fastest growing Houston-based high-tech businesses.

Founded in 1999, FuelQuest has seen steady growth over the last few years. The company, whose track record includes notable customers such as UPS, Wal-Mart, 7-Eleven, Shell, ConocoPhillips, Sempra Energy, Ben E. Keith and Circle K, provides tax automation and supply chain management solutions that span several markets, including retail, fleet, commodity traders and railroad industries.

"We are honored to be included for a second year in a row as one of Houston's Fast Tech 50 companies," said Rich Cilento, CEO of FuelQuest." Our measured approach to growth, commitment to customers and ability to retain a top-tier workforce are the keys to continuing our success in the downstream energy sector."

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