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Brio ranks among the fastest growing

Johannesburg, 22 Oct 1998
Brio Technology, the enterprise business intelligence company, has been named in the Deloitte & Touche and Joint Venture: Silicon Valley Network`s 1998 Silicon Valley Technology Fast 50 programme, for accomplishing a high level of success in a short period of time.

Brio ranked as the 13th fastest growing technology company in Silicon Valley, with revenue growth of 2 316% from 1993-1997.

"Kleiner Perkins has been an investor in Brio Technology since 1995 because we recognised the potential for the business intelligence market and strongly believe in Brio`s products, team and vision," says E Floyd Kvamme, partner at Kleiner Perkins Caufield & Byers. "Brio`s high growth rate and sterling reputation in the industry are proof that Brio`s consistent focus on delivering products that enable rapid ROI is embraced by growing numbers of customers worldwide."

"We`re proud of our 316% five-year growth rate and the thousands of successful customers who have contributed to Brio`s fast growth," says Yorgen Edholm, president and CEO of Brio Technology. "A key factor behind Brio`s success is the Brio employee team - a collection of highly skilled professionals in engineering, sales, marketing and operations. We`re fortunate to continue to attract the most sought after people with the best backgrounds in advanced technology and business."

Winners of the 19 regional Fast 50 programs in the US are automatically entered in the Deloitte & Touche Technology Fast 500 programme, which ranks the nation`s top 500 fastest growing technology companies. To qualify for the Fast 50, companies must have had revenue of at least $50 000 in 1993 and be public or private technology companies headquartered in the Silicon Valley. For more information on the Fast 50 or Fast 500 programs, visit the Deloitte & Touche web site at www.us.deloitte.com/fast500.

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Editorial contacts

Frank Heydenrych
Frank Heydenrych Consultants
(011) 452 8148
frank@fhc.co.za