Celerant Technology Secures a Spot on the 2008 Inc. 5,000

Inc. Introduces this Year’s 5,000 Fastest-Growing Private Companies in America.

Staten Island, NY, August 24, 2008 --(PR.com)-- Inc. today placed Celerant Technology on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.

“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”

Celerant Technology is a leader in the retail software industry, providing excellent service to its clients since its inception in 1999. Since 1999, Celerant Technology has grown in size and in revenue, adopting the newest technologies in an effort to stay on top. Today, Celerant Technology was recognized for its success.

“Being ranked on the Inc. 5000 is a great honor,” said Ian Goldman, CEO of Celerant Technology. “This prestigious list shows the financial success of a privately owned company and we are very proud to receive placement. It illustrates our desire and ability to succeed as a company, which is something that we strive to do every day.”

The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007. The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded.

Celerant Technology’s ranking on the Inc. 5000 is a noteworthy accomplishment. The recognition demonstrates the financial growth of the company and exemplifies its achievement as a leader in the retail software industry.

About Celerant Technology
Celerant’s Command Retail is an advanced real-time retail management system, which manages all areas of retail including POS, Inventory Management, Warehouse, Distribution Center, Allocation, Multi-Channel/E-Commerce/Kiosk, Data Mining, and Back-office, in a single, integrated system. Our advantage is the flexibility of our Java platform, allowing Celerant professionals to conduct cost-effective analysis and adaptation based on the individual needs of each retailer. The result is a better system that meets the needs of retail businesses and gives them the tools to take Command of their success. For additional information regarding Celerant Technology go to www.celerant.com. For more information about the Command Retail Product, please visit www.commandretail.com.

Celerant Technology
Michele Majka