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Date Posted: 9/20/2006

Kintera Named San Diego's #1 Fastest Growing Technology Company by Deloitte's Technology Fast 50 Program


Kintera's 14,159 Percent Revenue Increase from 2001 to 2005 Results in Highest Ranking
 
 
SAN DIEGO--(BUSINESS WIRE)--Sept. 18, 2006--Kintera® Inc. (Nasdaq:KNTA - News) today announced that it has been named the #1 fastest growing technology company by Deloitte's prestigious Technology Fast 50 Program for San Diego. The Technology Fast 50 Program is a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005.

Kintera's 14,159 percent increase in revenue from 2001 to 2005 resulted in the highest ranking in the Technology Fast 50 for San Diego. In comparison, the second fastest growing technology company in the region grew 4,825 percent.

Kintera's CEO Harry Gruber, M.D. credits the company's revenue growth from 2001-2005 to the nonprofit industry's rapid adoption of Internet technology to raise more money, reach more people and run more efficiently. "Representing approximately 20 percent of the U.S. economy, nonprofit organizations are racing to embrace the Internet to help achieve their missions," said Gruber. "In addition, the hard work and dedication of Kintera's employees to helping nonprofit organizations use technology has contributed substantially to Kintera's rapid growth."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

"Deloitte's San Diego Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Theresa Drew, Managing Partner, Deloitte & Touche LLP in San Diego. "We applaud the successes of Kintera and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

About Kintera, Inc.

Kintera®, Inc. (Nasdaq:KNTA - News) provides an online solution to help nonprofit organizations deliver The Giving Experience(TM) to donors - providing giving convenience, financial transparency, feedback about the social impact of their gifts, and a sense of belonging and appreciation.

More than 15,000 accounts in the nonprofit, government and corporate sectors use Kintera's "software as a service" innovations, including Kintera Sphere(TM), an enterprise-grade software platform that provides a secure, scalable and reliable system for contact relationship management (CRM), a Web content management system (CMS), eMarketing and directed giving applications. Additionally, Kintera FundWare® provides award-winning financial management software developed for nonprofit organizations and governments.

For more information about Kintera's software and services, visit www.kintera.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

Kintera, Kintera Sphere, Friends Asking Friends, The Giving Experience, GivingFund, and FundWare are either registered trademarks or trademarks of Kintera, Inc. in the U.S. and/or other countries.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of software solutions by nonprofit organizations) that involve risks and uncertainties. These forward-looking statements represent our estimates and assumptions only as of the date hereof. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, without limitation: our limited operating history; our history of losses; our dependence on increased acceptance by nonprofit organizations of online fundraising; lengthy sales cycles for major customers; our need to manage growth; risks associated with accounting for and processing large amounts of donations; the rapidly changing technologies and market demands; and other risks identified in our filings with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on these forward-looking statements.



Contact:
Kintera, Inc.
Erin Leventhal, 858-795-8979
erin.leventhal@kintera.com

--------------------------------------------------------------------------------
Source: Kintera, Inc.
 
 


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