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Clarity Systems Ranks High in Branham 300 Top Canadian IT Company List

TORONTO, ON (March 21, 2006)–Clarity Systems, a leader in corporate performance management (CPM) solutions, is pleased to announce today that it has received high rankings in two categories of the Branham 300's Annual Canadian Review of top 250 Canadian IT companies for 2005.

The Branham 300 rates Canadian companies primarily based on sales revenue generation.  Clarity Systems placed in the top 100, ranking 92 and climbing 20 positions from last year?s ranking of 112.

Due to this significant rise in ranking, Clarity was also identified in the "Movers and Shakers" category grading companies who have increased their ranking by the highest number of spaces in comparison to last year's top 250 list.

These achievements come after Clarity reported outstanding 2005 year-end results.  Clarity experienced a 38 per cent increase in revenue, reporting $22-million in sales for 2005.  These strong financial results were also backed by two major achievements in the Canadian industry.  Clarity was named one of Profit Magazine's 100 fastest growing Canadian companies and received awards for innovation and market expansion by the Ontario government's Ontario Global Traders Awards (OGTA).

"This is another notable Canadian achievement under our belt," said Frank Pizzolato, CEO.  "The Canadian economy has been very supportive of the growth its technology companies have experienced.  At Clarity, we are backed by a superior product, best-in-class services and an outstanding team of experts in this industry; we are very proud of how far we have come."

 

About Clarity Systems

Clarity Systems delivers superior Corporate Performance Management software solutions for financial budgeting, planning, forecasting, consolidation, analytics and financial statement reporting to a large, global client base. With a rich feature set, Clarity 6 and Clarity FSR are unified applications that offer the flexibility, security, and control needed to make more informed business decisions while meeting compliance requirements. Named as one of Profit’s 100 fastest growing companies and a Branham 300 top 100 IT company, Clarity Systems continues to lead the industry as the independent CPM specialist. For more information, please visit our website at www.claritysystems.com or call us at 1-877-410-5070.


For more information, please contact:

Dave Paolini, Communications Manager
Clarity Systems Limited
416-250-5500 ext. 417
Toll free: 1-877-410-5070 ext. 417
dpaolini@claritysystems.com


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