Courion Corporation Ranked Number 258th Fastest Growing Technology Company in North America on the 2004 Deloitte Technology Fast 500

Business Wire, Nov 5, 2004

FRAMINGHAM, Mass. -- Courion Attributes Its 812 Percent Revenue Growth to Its Focus on Making Customers Successful with Identity Management

Courion(R) Corporation, a leading provider of self-service identity management solutions, today announced that it ranked Number 258 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1999-2003. Courion grew an impressive 812 percent during this period.

Courion's CEO, Chris Zannetos, credits his staff and the market need for identity management solutions with the company's 812 percent revenue growth over the past five years. "This recognition is a testament to the hard working people at Courion striving every day to make identity management implementations meaningful and effective for our customers, in short to deliver value. Because Courion does not force heavy infrastructure in order to derive value from our identity management solutions, rather our products leverage the existing infrastructure, our customers realize an immediate return on their investment. In the face of pending industry and regulatory compliance requirements, customers cannot afford to wait for long-term identity management infrastructure projects to be completed. They need to comply now, another reason our user provisioning and compliance policy enforcement and access verification solutions are in such great demand."

"Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Mark Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "Courion has shown the right stuff for growth."

In addition to ranking on the Deloitte Technology Fast 500, Courion ranked 18th on the New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the area.

Fast 500 Selection and Qualifications

The Fast 500 list is compiled from Deloitte's 19 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD.

Entrants must also be public or private companies headquartered in North America 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 Courion

Courion Corporation provides award-winning self-service identity management solutions in Identity Management Suite(TM). Over 235 enterprise customers worldwide including 50 of the FORTUNE 500 utilize the Suite to securely automate routine, manual processes for user provisioning, password management, industry and regulatory compliance, profile management and digital certificate management. By leveraging the existing infrastructure and integrating disparate workflows within the enterprise, Courion solutions d rive operational efficiency, optimize user productivity, strengthen security, reduce costs and ensure efficiency in achieving policy compliance. For more information, contact Courion's headquarters in Framingham, MA, USA at 508-879-8400 or visit www.courion.com.

About Deloitte

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Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

Courion, AccountCourier, PasswordCourier and ComplianceCourier are registered trademarks or trademarks of Courion Corporation. All other company and product names may be trademarks of their respective owners.