NGSSoftware ranked 12th in the 2007 Deloitte Technology Fast 50

NGSSoftware today announced that it ranked Number 12 in the 2007 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK. Rankings are based on average percentage revenue growth over five years.

“Growing the top line enough to make the Deloitte Technology Fast 50 is especially meaningful during competitive times for the technology sector,” said Simon Kerton-Johnson, Chairman of Deloitte’s UK & Ireland Fast 50. “We congratulate NGSSoftware on becoming one of the 50 fastest growing technology companies in the UK.”

Fast 50 Selection and Qualifications

The Fast 50 list is compiled from Deloitte’s nominations submitted directly to the Fast 50, and public company database research. To qualify for the Fast 50, entrants must have had 2002 operating revenues of at least £34,000. Deloitte researchers examined financial statements to validate operating revenues.

Entrants must also be public or private companies headquartered in a participating region of the UK and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology in a unique way does not qualify.

About Deloitte

In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each other’s omissions. Services are provided by member firms or their subsidiaries and not by DTT. Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority. The information contained in this press release is correct at the time of going to press. For further information, visit our website at www.deloitte.co.uk

Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.

The information contained in this press release is correct at the time of going to press.

Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.