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2004 Releases

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April 20, 2004

PRESS RELEASE - Servigistics Named One of Atlanta’s 50 Fastest Growing Companies

The Atlanta Business Chronicle names Service Parts Management Leader To Elite list Of Pacesetting Firms

Atlanta, April 19, 2004 - Servigistics, Inc., the leading provider of service parts management solutions, today announced the company has been named one of metro Atlanta’s top 50 fastest-growing private companies by the Atlanta Business Chronicle at the publications 2004 Pacesetter Awards Ceremony held Friday, April 16.

Servigistics has experienced phenomenal growth over the past five years, with 2004 seeing the company increase bookings by 250 percent year-over-year. To qualify for the Top 50 list, companies must be headquartered in Atlanta, have revenues between $1 million and $300 million, and experience a two-year growth in revenue of more than 50 percent.

“We are honored to receive the Pacesetter award,” said Eric Hinkle, Servigistics CEO. “2003 was a year of significant progress for our company, and we continue to gain momentum in the marketplace. Our success results from the dedication of the entire Servigistics team to deliver unparalleled value to our growing list of market-leading clients. Simply put, we deliver beyond our clients’ expectations so they can deliver beyond the expectations of their customers.”