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News Release

BULLHORN CONTINUES STRONG GROWTH, HONORED BY RANKING ON INC. 5000 FOR SECOND CONSECUTIVE YEAR

Bullhorn Remains Fastest Growing Software Firm in Staffing and Recruiting Industry; 20 Bullhorn Customers Also Honored

Boston – September 15, 2008 – Bullhorn, the global leader in On Demand, front office staffing and recruiting software, today announced it has been named to Inc. Magazine’s annual ranking of the 5,000 fastest-growing private companies in the United States. With 398% growth over the past three years, Bullhorn was ranked in the top 19% of companies named to the list.  Bullhorn is ranked as the 64th fastest growing company in the software category and the #1 fastest growing software company to serve the staffing and recruiting industry.  Bullhorn is also ranked the 31st fastest growing firm in greater Boston and Southern New Hampshire.  Twenty Bullhorn customers were also honored, including OnDemand Resources (#69) and Catalyst Search (#730).

“Bullhorn is pleased to, once again, be distinguished by Inc. in this comprehensive look at the growing, successful companies that are driving the global economy,” said Art Papas, CEO and co-founder of Bullhorn.  “Bullhorn’s ability to repeatedly achieve a high percentage of year-over-year growth in a competitive software industry is driven by our On Demand delivery service which enables Bullhorn to process more than 270 million transactions each month and deliver over 1.5 million emails in a single day to more than 14,000 users and over 1,000 customers in 20 countries.” 

“Bullhorn’s success is directly tied to the more than 1,000 staffing and recruiting firms that have chosen Bullhorn as their technology partner – including twenty who were also named to the Inc. 5000,” added Barry Hinckley, president and co-founder of Bullhorn. “We continue to focus on providing our staffing and recruiting firm customers with innovative tools and a competitive edge that enables them to grow and achieve high levels of success in the industry.”

The 2008 Inc. 5,000 list measures revenue growth from 2004 to 2007.  To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004 and $2 million in 2007.

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent.  With revenue growth of 398% during this period, Bullhorn ranked #909 on the list and ranked 64th among other software firms, one of the fastest-growing market categories with median growth of 187%.  Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com. 

With annual revenue growth of more than 2700% over the past five years, Bullhorn is the fastest-growing software firm serving the staffing and recruiting industry.  In 2007, Bullhorn added 4,000 new users and increased its staff 75% with the addition of 45 new employees.  Bullhorn was also ranked as the 105th fastest growing technology firm in North America on the Deloitte Technology Fast 500, and the 40th fastest growing software company in the Deloitte Fast 500, out of 185 software companies on the list.  Bullhorn also ranked tenth on the Deloitte New England Technology Fast 50 and was named one of the top ten fastest growing private companies in the Boston area for three consecutive years by the Boston Business Journal. Now used by staffing and recruiting professionals from more than 20 countries, Bullhorn is ranked by Alexa as one of the most trafficked Web sites in the world. 

Bullhorn is the staffing and recruiting industry’s only On Demand, integrated front office solution. Comprising email, calendaring, candidate sourcing, an applicant tracking solution, customer relationship management and job management, Bullhorn enables users to communicate and collaborate with contacts, candidates, colleagues and clients in real-time to generate, source and fill job orders, or make placements, at anytime and from anyplace. Bullhorn’s users include staffing and recruiting firms of all sizes, from a wide range of industries – including information technology, professional services, office/clerical and healthcare. The Bullhorn Blogger is the company’s online community where customers, partners, Bullhorn professionals and prospective customers share ideas and best practices to advance the productivity of the staffing and recruiting industry through the innovative use of Bullhorn’s On Demand, integrated front office staffing and recruiting software.

About Bullhorn, Inc.
Bullhorn is the global leader in On Demand, front office staffing and recruiting software, providing the only completely integrated front office solution for staffing and recruiting firms. Bullhorn enables its customers to synchronize sales and recruiting to generate, source and fill job orders in real-time, at anytime and from anyplace, at the highest rates in the industry. Delivered through software as a service, Bullhorn continually meets the evolving business needs of its customers. More than 1,000 firms and 14,000 users worldwide, including some of the largest global staffing firms, partner with Bullhorn to meet the employment demands of the global economy. For more information, visit www.bullhorn.com  or call +1(888)GoLive8.

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Bullhorn is a registered trademark of Bullhorn, Inc. All other trademarks are the property of their respective owners. Copyright © 2008 Bullhorn, Inc. All rights reserved.

	By integrating email, calendaring, sourcing, applicant tracking, job management and customer relationship management, Bullhorn's On Demand, integrated front office enables users to communicate and collaborate with contacts, candidates, colleagues and clients in real-time to generate, source and fill job orders, at anytime and from anyplace. Talk to an expert. Contact us now.