Razorfish Named To Software Magazine`s 19th Annual Software 500; Software Magazine Ranks Razorfish As One of the World`s Largest Software & Services Companies NEW YORK, Jul 12, 2001 (BUSINESS WIRE) -- Razorfish, Inc. (NASDAQ: RAZF), the global digital solutions provider, today announced its spot on the Software 500, Software Magazine`s list of the world`s foremost software and services providers, featured in the publication`s June/July 2001 issue. Razorfish ranked #87 with annual revenue of $267.9 million for 2000, a 57% increase over the previous year. "Despite all the dot-com casualties, the Internet continues to change the way we do business and software plays a critical role," says John Desmond, Software Magazine`s editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this yearly benchmark of the standing of their product and service partners. Each year as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes." "Razorfish has a six-year history of delivering innovative technology solutions, and we are honored that Software Magazine recognizes our growth over the past year," said Jean-Philippe Maheu, chief executive officer of Razorfish. "We attribute the success of our company to our impressive roster of Global 1000 clients and to our employees` ability to adjust to changing industry demands. Together, we are creating digital solutions to maximize the value of our clients` relationships with their constituents." Software Magazine`s annual compendium of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 2000. Suppliers are not ranked on their total corporate revenue, since many have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and was gathered from Software Magazine`s vendor survey, public documents and industry analysts. |
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