Email Archiving Vendor Smarsh Ranked Among Fastest Growing Companies In North America On Deloitte's 2009 Technology Fast 500™

Portland, Ore., October 20, 2009 - Smarsh®, the managed service leader in secure, innovative and reliable email archiving and compliance solutions, today announced that it ranked No. 61 on Technology Fast 500™, Deloitte LLP's ranking of 500 of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004-08. Smarsh grew 3015 percent during this period.

Smarsh founder and CEO Stephen Marsh credits a number of factors with the company's growth over the past five years. "This recognition reflects our company's core commitments: customer service and perpetual innovation," he said. "Our team prides itself on the consistent, aggressive and customer-driven development of new integrated features and services like our email encryption platform and social media archiving. Our client retention rate is strong, and we’ve seen increased adoption of our hosted solutions among larger clients as well as conversions from competing solutions."

"Technology Fast 500™ recognized innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Smarsh on this accomplishment."

"With its impressive five-year growth, Smarsh 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 & Touch LLP. "Deloitte is proud to honor Smarsh for its achievement."

Overall, Technology Fast 500™ award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years, with an average growth rate of 2,486 percent.

Technology Fast 500™

Technology Fast 500™ provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. The ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004-08.

In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy that requirement. Consulting companies, professional service firms, etc. are no eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500™ award eligibility requirements also include 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. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Smarsh

Smarsh® is the managed service leader in secure, innovative and reliable email-archiving solutions for message compliance and records retention, proactive litigation readiness and mail server data management. Smarsh solutions for data-leak prevention and secure messaging help users meet email and file transfer encryption obligations, mitigate risk associated with outbound email and facilitate email supervision.

The SaaS (software as a service) delivery model enables clients to eliminate IT infrastructure costs and minimize operating burden, while benefiting from Smarsh's expertise and experience in hosting large volumes of mission-critical client data. Customizable solutions fit the needs, budgets and technological infrastructure of any firm and are matched with unrivaled customer support and service.

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.

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