Pilgrim Software is Ranked as one of Tampa Bay’s 50 Fastest-Growing Companies

Tampa, FL – June 24, 2011 -- Pilgrim Software, Inc., a world-leading provider of Enterprise Risk, Compliance and Quality Management (ERCQM) software solutions, today announced it has been named for the second consecutive year as one of Tampa Bay’s 50 fastest-growing companies. The Tampa Bay Business Journal’s Fast 50 is a list of the fastest growing privately held companies in Tampa Bay over a span of three years.

“We feel honored to be included in this ranking of such reputable and successful area companies,” said Prashanth Rajendran, Pilgrim’s Chief Operating Officer. “This acknowledgment validates the contributions of our many talented and dedicated employees who have consistently worked hard to exceed our customers’ expectations. Our commitment to our customers is reflected in our steady growth over the last three years.”

Companies named to the list showed steady growth in their year-over-year revenues between 2007-2008, 2008-2009 and 2009-2010. Rankings were determined by CBIZ Kirkland Russ Murphy & Tapp, a public accounting firm based in Clearwater, FL.

“This was a challenging requirement based on the recent economic climate,” Rajendran said, “but this ranking reflects the success that we have been able to attain despite an overall slow global business environment.” Companies on the Fast 50 will be recognized at an awards luncheon held at Tampa’s A La Carte Event Pavilion on July 21, 2011.

About Pilgrim Software, Inc.

Pilgrim Software, Inc. is a world-leading provider of Enterprise Risk, Compliance and Quality Management solutions for global organizations. Through its integrated platform, Pilgrim helps organizations manage industry and regulatory compliance, address potential risks, reduce manufacturing costs and improve customer satisfaction. Pilgrim has been named North American Enterprise Compliance & Quality Management Company of the Year – Best Practices by Frost & Sullivan, and winner of its 2010 North American Best-In-Class Customer Value Enhancement Award in the Enterprise Risk, Compliance and Quality Management Market for the Life Sciences Industry. For more information, visit Pilgrim Software’s website at www.pilgrimsoftware.com.