CALGARY, AB — (MARKET WIRE) — 07/18/2003 — Replicon, the world leader in web-based timesheet management software, announced today that it has been recognized as the winner of the InfoTech AlbertaHero Award for Entrepreneurship. The award recognizes companies who continue to best demonstrate significant growth in the information technology industry and are a testament to quality leadership.
“It is an honor to be recognized by InfoTech for this award. We know that there are so many tremendous tech companies here in Alberta and to be considered one of the leaders is a huge confidence boost for our company,” said Raj Narayanaswamy, Chief Executive Officer of Replicon. “Our exceptional team, top of the line products and loyal customer base has allowed us to grow at such a fast pace. We are consistently growing and have exceeded even our own expectations this year, Replicon will continue to add significantly to the high-growth economy of Alberta for years to come.”
Replicon products include Web TimeSheet, ProMax, Web TimeSheet Expense, and Web TimeSheet Project Link. Web TimeSheet is the established market leader in automated timesheet management, with more than 750,000 global users at companies including HP, Compaq, AT&T Wireless, Sony Music, ACNielsen, Jockey International and Charles Schwab. The product enforces proven timesheet and expense processes, collecting time and expense data more accurately and more efficiently than other timesheet software products. ProMax works with Web TimeSheet to provide the quantitative productivity information and analysis needed to measure and manage productivity as it relates to bottom line profits.
Replicon’s Web TimeSheet 4.9 is available for purchase and easy downloading at Replicon’s Web site at www.replicon.com. Web TimeSheet 4.9 starts at $109 per user.
About Replicon
Replicon, founded in 1996, is the world leader in timesheet and expense management and the innovator in productivity software. With its Web TimeSheet and ProMax products, organizations can now automate timesheet and expense processes and have visibility into project and staff productivity. Replicon launched Web TimeSheet version 1.0 in 1998 and has grown revenues in excess of 250 percent for the last two years. Replicon has grown its total user base to more than 750,000 users in 42 countries today. The company has been recognized by Profit Magazine as one of the fastest growing companies in Canada in 2001 and by Alberta Venture Magazine/Grant Thornton Chartered Accountants as one of the fastest growing companies in Alberta for both 2001 and 2002. Most recently it was selected as a finalist for Ernst & Young’s 2002 Entrepreneur of the Year Award. Replicon is privately held and has financial backing from BDC Venture Capital Group, one of the largest venture capital organizations in Canada. For more information, visit www.replicon.com.
Contact: Lakshmi Raj
Company: Replicon Inc.
Phone: 403-716-5206
Email: [email protected]
