Vitria Ranked for Fourth Straight Year to Prestigious Deloitte & Touche Technology Fast 500 List

Business Wire, Oct 16, 2002

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 16, 2002

Vitria Is Top Ranked Business Integration Provider --

Attributes Growth To Rapidly Solving Customers Problems

Vitria (Nasdaq:VITR), the leading provider of business process integration solutions, today announced it has again been selected to the prestigious Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. The 2002 rankings are based on percentage revenue growth over five years, from 1997-2001. Vitria is listed as the fastest growing business integration software provider.

JoMei Chang, Vitria's president and chief executive officer, credits Vitria's growth to a focus on the customer and enabling a rapid Return On Investment (ROI). "Vitria is all about improving business for our customers," Chang said. "Our rapidly deployable solutions help companies solve their immediate business needs and give them an integration infrastructure to grow for the future."

"Making the Deloitte & Touche Technology Fast 500 is a testament to a company's leadership, commitment to technology, and ability to deliver the right solution at the right time, said Mark A. Evans, managing director, Deloitte & Touche Technology, Media & Telecommunications Group. With its 3,613 percent growth rate over five years, Vitria has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments."

In addition to ranking on the Deloitte & Touche Technology Fast 500, Vitria is also listed on the Silicon Valley Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Silicon Valley.

Fast 500 Selection and Qualifications

The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology.

Technology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.

About Vitria

Vitria (Nasdaq:VITR) is the leading provider of business process integration solutions. The company pioneered the enterprise application integration market in 1994 and the use of business process management in 1997, and is now the first integration solution provider to solve integration challenges through collaborative applications. With offices around the world, Vitria serves the healthcare, financial services, manufacturing, energy and telecommunications industries. Vitria's customer base includes blue chip companies such as Bell South, The Blue Cross Blue Shield Association, BP, DaimlerChrysler Bank, Dana, Generali, The Goodyear Tire & Rubber Company, PacifiCare Health Systems, Reynolds and Reynolds, Schneider Logistics, Sprint, Trane, Trans Union, and The United States' Departments of Defense and Veteran's Affairs. For more information call 1-408-212-2700, email info@vitria.com or visit www.vitria.com.

About Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com.