Salesforce.com Named #3 on Forbes "25 Fastest Growing Tech Companies" List

Cloud computing leaders salesforce.com and Google make the top three for third consecutive year

SAN FRANCISCO - February 12, 2009 - Salesforce.com [NYSE: CRM], the enterprise cloud computing company, today announced it has been named to Forbes "25 Fastest Growing Tech Companies" List for the third consecutive year. Preceded by Google and biotechnology company Illumina, salesforce.com was ranked as the third fastest growing technology company with 40 percent earnings per share (EPS) growth and five-year sales growth of 72 percent.

Salesforce.com was noted for the success of its cloud computing model: "Salesforce.com's 51,000-plus customers can receive and exchange customized, real-time sales and customer information without the overhead associated with the purchase and maintenance of software and information technology (IT) infrastructure."

"It's no coincidence to see cloud computing companies at the top of Forbes list of the fastest growing companies in tech," said Marc Benioff, chairman and CEO of salesforce.com. "Our continued growth in 2008 is a testament to the growing number of companies of all sizes across all industries that are realizing that the time is now to turn to cloud computing to grow their revenue, not their costs."

Selection criteria for Forbes "25 Fastest Growing Tech Companies" included 12-month revenues of $25 million or more; annualized sales gains of at least 10% over the past five years; a profit over the past 12 months; a long-term consensus profit-growth forecast of at least 10% annualized, and strong corporate governance practices. To view the entire list, visit http://www.forbes.com/forbes/2009/0216/048b.html.

This latest distinction follows salesforce.com being named to Fortune's 2009 "100 Best Companies to Work for" list; being rated among the top three IT vendors for Customer Satisfaction in 2008 by VendorRate; winning SearchCRM.com's 2008 "Products of the Year" award, and being named as one of the most influential companies for smart enterprises as part of the 10th Annual Intelligent Enterprise 2009 Editors' Choice Awards.

About Salesforce.com

With 100,000+ customers, salesforce.com is the enterprise cloud computing company that is leading the shift to the social enterprise. Social enterprises leverage social, mobile and open cloud technologies to put customers at the heart of their business. Based on salesforce.com's real-time, multitenant architecture, the company's platform and application services include:

 

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