Point&Ship Earns Ranking Among Bay Area's Fastest-Growing, Private Companies

WALNUT CREEK, Calif., Nov. 17 /PRNewswire/ -- Pointandship Software, Inc. (Point&Ship), a provider of full-service Shipping Expense Management Software(TM) (SEMS(TM)), recently ranked No. 68 on the San Francisco Business Times' list of 100 fastest-growing, privately held companies in the Bay Area. The distinction highlights the software firm's recent sales rise.

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The company's status on the annual list was based on its percentage revenue growth increase between 2005 and 2007. Point&Ship achieved 2005 revenue of $26.2 million, 2006 sales of $35.1 million and 2007 revenue of $46.6 million, marking a climb of 77.7 percent.

"Our growth over the past few years is because we offered software-as-a-service to our customers before it was widely accepted," said Ted C. Mesa, president and CEO of Point&Ship. "As the software-as-a-service innovator in the expense management industry, our being recognized as one of the top companies in the region further solidifies our leadership in the shipping category and stakes our place as a business leader in the Bay Area."

Companies located in Alameda, Contra Costa, San Francisco, San Mateo and Marin Counties were considered for placement on the San Francisco Business Times' ranking. This is Point&Ship's first inclusion on the list.

About Pointandship Software, Inc.

Pointandship Software, Inc.'s (Point&Ship) proprietary Shipping Expense Management Software(TM) (SEMS(TM)) provides the only end-to-end shipping management solution for corporations by simplifying shipping tasks, standardizing procedures and increasing efficiency of operation by unifying client shipping needs into a single Web-based interface. With external billing and account review, SEMS provides comprehensive oversight on express, ground, freight and courier services through all major carriers.

Founded in 1994 by Ted C. Mesa, Point&Ship has projected annual 2008 revenue of more than $65 million and currently has a client list that comprises Fortune 100, 500 and Global 2000 companies including banks, financial institutions and technology companies as well as leading universities around the United States.

For more information, visit http://www.pointandship.com.