NexJ Systems Ranked the Fourth Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50(TM)

TORONTO, Sept. 23 /PRNewswire/ - NexJ Systems Inc. is ranked among the Deloitte Technology Fast 50(TM), a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. NexJ Systems' increase in revenues of 36,128 percent from 2005 to 2009 resulted in a fourth place ranking.

For over 13 years, the Deloitte Technology Fast 50(TM) program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50(TM) augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

NexJ Systems has experienced a steep trajectory of growth in its core markets due to its expertise in providing enterprise CRM solutions tailored for financial services, insurance and healthcare. Clients such as Wells Fargo Advisors are using NexJ Contact to provide a comprehensive view of customer information across the enterprise so they can attract and retain critical advisors, drive customer loyalty, and increase assets under management. This Spring NexJ signed a major deal with a leading Wall St. firm, with 40,000 users, and the company is working with leading insurance companies in both the life and property & casualty markets.

NexJ's CEO, William M. Tatham, credits the impressive revenue growth on NexJ's innovative products and next generation technology that deliver massive performance at scale within a tightly integrated solution. Tatham said "I am tremendously proud of the NexJ employees whose domain knowledge and technical expertise drive our innovation. This award is yet another affirmation of our role as the emerging global market leader in integrated, enterprise CRM applications for financial services, insurance and healthcare."

To qualify for the Deloitte Technology Fast 50(TM) ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

About the Deloitte Technology Fast 50(TM)

The Deloitte Technology Fast 50(TM) program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50(TM) Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50(TM) candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15(TM) Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, TMX Group, Wellington Financial, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.

About NexJ Systems Inc.

NexJ Systems Inc. is an innovative provider of enterprise CRM applications for financial services, insurance, and healthcare. NexJ was founded in 2003 by an executive management team with extensive experience in the successful design and delivery of large-scale, integrated, enterprise software solutions. NexJ's people-centered applications provide a consolidated view of enterprise knowledge about a customer.

SOURCE NexJ Systems Inc.