Kyriba Ranked Number 184th Fastest Growing Company in North America on Deloitte’s 2009 Technology Fast 500

21 October 2009

Kyriba Corporation, today announced that it ranked number 184 on Technology Fast 50, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Kyriba grew 737% percent during this period.

Kyriba’s CEO, Jean-Luc Robert, credits Kyriba's Software-as-a-Service model and its focus on delivering cash visibility to multi-national companies with the company's 737% revenue growth over the past five years. "Our subscription-based service offers treasurers a modest entry point into automation and delivers them the insights they need to capture emerging opportunities, improve team productivity, and more effectively manage risk. Kyriba’s fast recurring revenue growth through this turbulent economic environment validates that our global focus and SaaS delivery model are providing unique value to companies seeking to proactively manage liquidity."

“Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Kyriba on this accomplishment."

“With its impressive five-year growth, Kyriba has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor Kyriba for its achievement.”

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