SofterWare Ranked 34th Fastest Growing Company in the Greater Philadelphia Region on Deloitte’s 2011 Greater Philadelphia Fast 50

Attributes 70% Percent Revenue Growth to New and Improved Products that Improve Client Productivity

October 24, 2011 – SofterWare, Inc. today announced it ranked 34th on Deloitte’s 2011 Greater Philadelphia Fast 50 ranking of the 50 fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Greater Philadelphia region. SofterWare grew 70% percent during this period. This is the sixth time the company has received this recognition.

SofterWare’s Chief Executive Officer and co-founder, Doug Schoenberg, credits their growth to the company’s continued investment in product innovation and client satisfaction. He noted, “The majority of our growth in the last several years has come from new products and the investments we continue to make in improving the quality and value of our current products. Helping our customers achieve greater productivity and financial success has been especially critical given the economic challenges facing the non-profits and educational institutions we serve.”

“SofterWare, Inc., like all 2011 Greater Philadelphia Fast 50 companies, has excelled in fostering innovation and channeling it into spectacular growth — against the backdrop of one of the most challenging economies in history,” said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte LLP. “Deloitte recognizes SofterWare for its remarkable accomplishment.”

About SofterWare, Inc.

SofterWare, the parent company of DonorPerfect Fundraising Software, has been developing and supporting software that is easy to learn, use, and customize since 1981. For over 30 years, SofterWare has grown exponentially from a small entrepreneurial business to a $40 million+ company with over 10,000 nonprofit, childcare, camp, school, and payment processing clients.

Media Contact

Sam Goldenberg
(215) 542-4390 x233
sgoldenberg@softerware.com

About Deloitte’s 2011 Greater Philadelphia Fast 50

The 2011 Greater Philadelphia Fast 50, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in the Greater Philadelphia region. 2011 Greater Philadelphia Fast 50 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.

In order to be eligible for 2011 Greater Philadelphia Fast 50 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of five years, and be headquartered within the Greater Philadelphia region.