Akcelerant Named One of Philadelphia Region?s Fastest-growing, Privately-held Companies

MALVERN, PENNSYLVANIA – Akcelerant, a provider of connected software technology to the financial services industry, announced today that it has been ranked 37th in the 2010 Philadelphia 100. This annual project, conducted by the Entrepreneurs’ Forum of Greater Philadelphia, Philadelphia Business Journal and Wharton Small Business Development Center, gathers key growth information in order to recognize the area’s fastest-growing, privately-held companies. The Philadelphia 100 award is based on merit, and due to the integrity of the evaluation process, it has become one of the most sought after awards in the region.

This was the first year Akcelerant applied to the Philadelphia 100, and the company ranked 37th due to an impressive growth rate of 124% over the last three years. Corporate growth can be attested to the success of Akcelerant’s software solutions for lending, collection, recovery and sales/service. Today, more than 500 financial institutions in North America are using Akcelerant technology.

“Akcelerant is proud to have been included with the area’s best and brightest on the 2010 list of Philadelphia 100 winners. To be recognized as one of the region’s fastest-growing companies is a testament of our ability to quickly react to economic and industry changes and provide valuable technology to our customers,” states Jay Mossman, President and CEO of Akcelerant. “We realize that without our dedicated employees, customers, and partners we could not have achieved such growth and success and would like to thank them for their continued support.”

About Akcelerant Software LLC
Akcelerant, with offices in Malvern, Pennsylvania and Vancouver, British Columbia, provides connected software applications to the financial services industry through multiple product lines and integration to best-of-breed service providers. Approximately 500 financial institutions in all 50 states and all provinces of Canada are currently using Akcelerant technology.  For more information about Akcelerant, visit www.akcelerant.com.