CyberShift Named One of New Jersey's Fifty Fastest Growing Companies of 2009
Leading Provider of Workforce and Expense Management Solutions Ranked on NJBIZ's List for Second Year in a Row
| Source: CyberShift
PARSIPPANY, NJ--(Marketwire - November 17, 2009) - CyberShift, a global provider of workforce
management and expense management software and services, today announced that it has
been ranked 24 of New Jersey's Fifty Fastest Growing Companies of 2009.
This is the second consecutive year CyberShift earned a place on the list,
coming in a full five places higher than last year's ranking of 29. The top
50 businesses were recognized at an awards ceremony held November 16th,
2009.
In order to be eligible for nomination, companies needed to show revenue of
at least $500,000 in each of the fiscal years ending 2005, 2006, 2007 and
2008, and show revenue growth in 2008, as compared to 2005 (a four-year
period). The audited company nominations were calculated, and then ranked
according to revenue growth over the four-year period of 2005-2008. Only
for-profit entities headquartered in New Jersey were eligible.
The New Jersey's Fifty Fastest Growing Companies event is a program of
NJBIZ and is presented by Rothstein Kass. Other major sponsors of this
event are Extensis, Lowenstein Sandler PC, PNC Bank and CIGNA. This annual
assessment of the top 50 businesses in New Jersey highlights the companies
that have made significant contributions to the growth, strength and
success of New Jersey, as well as recognize their own outstanding
achievements.
Robert E. Farina, CyberShift's CEO, commented, "Maintaining a competitive
edge under challenging economic conditions is paramount for organizations
of all sizes. CyberShift workforce and expense management solutions help
our clients drive increased workforce productivity, cost control and
standardization across their enterprises. Our ranking as one of New
Jersey's Fifty Fastest Growing Companies for the second year in a row
further validates our commitment to providing significant value to our
clients, and is a testament of our team's hard work and dedication. We're
delighted to once again receive this honor from NJBIZ."
In addition to the awards ceremony, the Top Fifty Fastest Growing Companies
will be profiled in a special supplement to the November 23, 2009 issue of
NJBIZ.
About CyberShift
CyberShift, Inc. is a leading provider of workforce and expense management
software and services focused on helping mid-sized to large, complex
organizations improve organizational performance and profitability. Through
its integrated Workforce Management 3G™ suite, which includes time and
attendance, advanced scheduling and reporting and analytics, companies can
more effectively plan, manage and deploy their workforces, reduce costs and
improve processes across business operations. CyberShift Expense™
automates the processing and facilitates the management of employee
business expenses such as travel and entertainment and helps companies
improve compliance, enforce expense policies and procedures and increase
visibility into operations. Offered in both traditional license fee and
Software-as-a-Service (SaaS) delivery models, CyberShift's innovative
solutions have been awarded U.S. and Canadian patents. CyberShift is the
first enterprise-class workforce and expense management solution provider
to enable support for the BlackBerry® platform.
To learn how CyberShift's solutions can help your organization, contact
CyberShift by calling (877) 274-4381 or visiting us at www.CyberShift.com.