IQNavigator Ranked Number Six in Deloitte's Technology Fast 50 Program for Colorado
Commitment to Market Leadership and Addressing Client Requirements in the Services Procurement Sector Drives 1,177% Revenue Growth

DENVER, COLORADO – October 30, 2007 – IQNavigator, the leading provider of services procurement software and managed service programs, today announced the company been named to Deloitte's prestigious Technology Fast 50 Program for Colorado, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002–2006. IQNavigator’s increase in revenues of 1,177 percent from 2002 to 2006 resulted in the company securing a number six ranking on the Technology Fast 50 for Colorado.

“To rank on Deloitte’s Colorado Technology Fast 50, companies must have phenomenal revenue growth over five years. IQNavigator has proven to be one of the fast-growth success stories in Colorado, and we applaud their dedication to making their vision a reality,” said Kurt Randall, Deloitte Tax LLP.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.

“Our emphasis on addressing our customers’ complex requirements associated with global services procurement has always been the foundation of our organization’s success,” said John P. Raeder Jr., President and CEO, IQNavigator. "We are proud of our financial track record having just closed our 33rd quarter of consecutive revenue growth and are thrilled to be recognized by Deloitte for our continued momentum.”