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News Release

BULLHORN NAMED TO SOFTWARE 500 RANKING OF WORLD’S LARGEST SOFTWARE COMPANIES

Fastest Growing Staffing and Recruiting Software Provider is Among Top Ten Companies of its Size for Revenue Growth

Boston — November 4, 2008 — Bullhorn, the global leader in On Demand, front office staffing and recruiting software, today announced its inclusion on Software Magazine’s Software 500 ranking of the world’s largest software and services providers, now in its 26th year.  Bullhorn is ranked #389, with software revenue growth of 68 percent between 2006 and 2007, which puts it among the top ten companies of its size and the fastest growing in the staffing and recruiting industry.  Bullhorn has more than 1,400 customers and 14,000 users in thirty countries.

“Bullhorn is pleased to be recognized among the top firms in the software industry and the fastest growing in staffing and recruiting, as indicated by Software Magazine’s Software 500,” said Art Papas, CEO and co-founder of Bullhorn. “Our strong year-over-year growth and more than 30 quarters of market-beating growth, is driven by our customers who recognize the value Bullhorn brings to their firms by driving both sides of their business, sales and recruiting.” 

In addition to increasing revenue by 68 percent in 2007, Bullhorn added 368 customers and 2,708 users from 30 countries around the world.

“The 2008 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $451.8 billion worldwide for 2007 representing 14.7% growth from the previous year,” says John P Desmond, editor of Software Magazine and Softwaremag.com “We have added over 100 new companies to the list this year. We’re seeing strong growth from more companies based outside the U.S., especially from systems integration and outsourcing services firms based in India.”

“Total employee head count was a modest 1.3% increase from the last year. Sectors seeing the highest rates of employee growth included Software as a Service, Search/Portal tools, Supply Chain/Manufacturing, Legacy System Renewal/Integration and Database,” Desmond says.

“The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,” Desmond says. “It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software.”

Like Bullhorn, some 42 percent of the 2007 Software 500 companies are privately held.

The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The ranking is based on total worldwide software and services revenue for 2007. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

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.

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.  Bullhorn was recently named to the Inc.5000 for the second consecutive year.  Bullhorn has also been honored with rankings on the Deloitte Technology Fast 500 (Bullhorn was ranked the 105th fastest growing technology firm in North America), the Deloitte Fast 500 (Bullhorn was the 40th fastest growing software company, out of 185 software companies on the list), Deloitte New England Technology Fast 50 (Bullhorn was #10) and 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 30 countries, Bullhorn is ranked by Alexa as one of the most trafficked Web sites in the world.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 26th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

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's customers achieve the highest placement rates in the industry. By enabling recruiting, sales and management to live and work together, Bullhorn synchronizes sales and recruiting to generate, source and fill job orders in real-time, at anytime and from anyplace.  Delivered through software as a service, Bullhorn continually meets the evolving business needs of its customers. More than 1,400 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.

	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.