Ranked 186th Fastest Growing Company in North America on Deloitte’s 2012 Technology Fast 500™

PRLog (Press Release) - Nov. 22, 2012 - Ninety-eight percent client loyalty and strong customer growth lead to third successive year on prestigious list

SAN DIEGO, November 14, 2012 – Kyriba (http://www.kyriba.com/), the leader in cloud-based treasury management solutions (http://www.kyriba.com/kyriba-enterprise), today announced it ranked 186th on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Kyriba grew 482 percent during this period, and ranks as the third-fastest-growing technology company based in San Diego, and 61st overall among software companies.

The award marks the third successive year that Kyriba has been included in the rankings. It caps a year where the company has opened two new offices, in London (http://www.kyriba.com/company/press-room/kyriba-announces...) and Tokyo (http://www.kyriba.com/company/press-room/kyriba-establish...), signed over 150 new clients for its treasury management system and made a number of high-profile, executive appointments. The company has also established a number of major strategic partnership agreements, and has rolled out several new products, including Kyriba Mobile (http://www.kyriba.com/solutions/mobile), the first native iPhone and iPad app in the treasury management industry.

“This recognition is a testimony to the hard work, technical innovation and commitment to outstanding client service that is shown by the Kyriba team, day-in, day out,” said Jean-Luc Robert, chairman and CEO at Kyriba. “Thanks to this high level of dedication, the company has grown at a phenomenal rate since its inception, and this is reflected in our continued inclusion in Deloitte’s Technology Fast 500 rankings. I’m proud to lead such a strong and successful company and look forward to our continued growth.”

Kyriba previously ranked 172nd as a Technology Fast 500 award winner for 2011 and 125th in 2010.

Read the press release here: http://www.kyriba.com/company/press-room/kyriba®-ranked-186th-fastest-growing-company-north-america-deloitte’s-2012

About Deloitte’s 2012 Technology Fast 500™

Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Kyriba

Kyriba is the global leader in next generation treasury solutions in the cloud. We enable CFOs and finance teams to optimize their corporate treasury functions by delivering fully-integrated cash, treasury, payment, risk management (http://www.kyriba.com/solutions/risk-liquidity-management) and supply chain finance (http://www.kyriba.com/solutions/supply-chain-finance) solutions through a user-friendly, scalable and secure SaaS platform. Kyriba improves visibility and productivity, enabling our clients to minimize risks and have better control over their treasury and finance decisions. With a client loyalty rate of over 98 percent, we support more than 700 organizations globally including market leaders such as Amway, Electronic Arts (EA), Interpublic Group, PulteGroup, Inc. and Qualcomm. For more information, contact treasury@kyriba.com or visit http://www.kyriba.com