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Interface Software among the Entrepreneurial Growth Leaders on This Year's Inc 500 Ranking of Fastest Growing Private Companies

Company placed 216th out of 500 companies on ranking with 890 percent growth rate over five years

OAK BROOK (IL), 23 October, 2002: Interface Software is pleased to announce that it has been named one of America's entrepreneurial growth leaders by Inc magazine, which just released its 2002 Inc 500 ranking of the nation's fastest-growing private companies. The rankings appear in the magazine's special Inc 500 issue, which hit the newsstands on October 15.

Interface Software, which placed 216 out of 500 companies in the rankings, achieved some 890 percent growth in the past five years. The company is the leading provider of CRM software and services, enabling accounting, law, management consulting, financial services and similar professional services organizations to create the Relationship Intelligence they need to uncover new business opportunities and enhance client service. Relationship Intelligence is a firm-wide asset that reveals the unique and complex connections between people, companies, relationships, experience and expertise, empowering professionals to leverage who and what they know to uncover new revenue opportunities, differentiate themselves from the competition and enhance client service.

"The entire Interface Software team has tirelessly pursued excellence in product, service and support since the introduction of our CRM platform, InterAction®, in 1996," said president and CEO, Nathan Fineberg. "By remaining true to our ideals and executing on our plan we have demonstrated enviable growth and expansion—even in this challenging economy. Our inclusion in the prestigious Inc 500 rankings evidences the hard work and effort of each member of the organization."

Started in 1982, the Inc 500 ranks the nation's leading entrepreneurial firms according to sales growth over the previous five years. Former Inc 500 companies that have gone on to become household names include Microsoft, Timberland, Domino's Pizza and Patagonia.

The 2002 Inc 500 reveals a surprising resiliency within the entrepreneurial sector, where leading companies are continuing to show dramatic rates of growth despite the recession.

The average five-year growth rate of this year's Inc 500 companies is 1,521 percent. While that is less than the 1,933 percent average for companies on last year's list, it is nonetheless dramatic in the current environment. Average 2001 sales for the Inc 500 dropped only slightly, from $24,976,000 to $24,706,000. More than two-thirds (73 percent) of 2002 Inc 500 companies are profitable. Despite the technology bust, "Computer Software & Services" remains the leading industry category, representing nearly 40 percent of firms on the list.

"This is the first Inc 500 ranking to reflect the full impact of the recession," said Inc editor John Koten. "Yet these entrepreneurs are managing to confound the naysayers and move ahead despite the obstacles. They're showing that smart strategies can succeed even in the toughest of times."

To be eligible for this year's Inc 500, companies had to be independent and privately held through their fiscal year 2001, have at least $200,000 in sales in the base year of 1997, and their 2001 sales had to have exceeded 2000 sales. Holding companies, regulated banks and utilities are not eligible. Inc verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

Inc, the premier magazine for growing companies, may be accessed online at www.inc.com. The magazine is owned by Gruner + Jahr USA, one of the top-ranked magazine publishers in the U.S., reaching one of the largest readerships in America. In addition to Inc, Gruner + Jahr USA publishes Child, Family Circle, Fast Company, Fitness, Parents and YM. G+J USA is 25.1 percent owned by the Jahr Group and 74.9 percent owned by Bertelsmann AG, the largest privately held and the fifth largest media company overall in the world with yearly revenues at $17.86 billion.

About Interface Software
Interface Software is the leading provider of CRM solutions enabling professional services firms to create the Relationship Intelligence they need to generate new business and enhance client service. Its flagship product, InterAction, is a flexible and uniquely designed platform that delivers this Relationship Intelligence throughout the organization, quickly, efficiently and cost-effectively. Relationship Intelligence is a firm-wide asset that reveals the unique and complex connections between people, companies, relationships, experience and expertise, empowering professionals to leverage who and what they know to uncover new revenue opportunities, differentiate themselves from the competition and enhance client service. InterAction is internet-enabled, allowing professionals to view information however they choose—through knowledge management platforms, corporate portals, intranets, extranets and wireless devices. For more information please visit Interface Software's website at www.interaction.com.

 
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InterAction is a registered trademark of Interface Software, Inc. All other product names mentioned are trademarks or registered trademarks of their respective owners.