SAN FRANCISCO, Oct. 22 /PRNewswire/ -- Coverity, the software integrity leader, today announced that it has been named to the 2009 Technology Fast 500(TM) for the third consecutive year. Deloitte's Technology Fast 500 is an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on five-year fiscal revenue growth.

"With its impressive five-year growth, Coverity has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor Coverity for its achievement."

Technology Fast 500 award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008. Eligible companies must be headquartered in North America and show operating revenues of at least $50,000 in fiscal year 2004 and $5,000,000 in fiscal year 2008. In addition, companies must own proprietary technology or proprietary intellectual property that contributes to a significant portion of their operating revenues; or devote a significant proportion of revenues to the research and development of technology.

"It's a great honor for Coverity to be ranked again among the 500 fastest growing companies in North America," said Seth Hallem, Coverity CEO. "Our growth is testimony to the strong global adoption for our software integrity offerings. More than 900 customers worldwide are using Coverity to deliver high integrity software that always works, doesn't crash and is highly secure."

For more information on Deloitte's Technology Fast 500 program, visit www.fast500.com.

About Coverity

Coverity (www.coverity.com), the software integrity leader, is the trusted standard for companies that have a zero-tolerance policy for software failures, defects and security breaches. Coverity's award-winning portfolio of software integrity products identifies critical defects to prevent software quality and security problems throughout the application lifecycle. More than 100,000 developers and 900 companies rely on Coverity to help them deliver high-integrity software. Coverity is a privately held company headquartered in San Francisco.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

SOURCE Coverity

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