Replicon Recognized as a Top Canadian Tech Company

Online, May 10, 2011 (Newswire.com) - Replicon, Inc., is pleased to announce it has been named among the top technology companies in Canada for the third consecutive year.

The Calgary-based provider of timesheet management software (http://www.replicon.com) ranked 152 on this year's Branham300, an annual list of Canada's most successful organizations in the Information and Communication Technology (ITC) industry. Replicon moved up six spots from its ranking in 2010.

"We are honored to be recognized once again among Canada's best and brightest technology companies," says Raj Narayanaswamy, Co-CEO of Replicon. "This is a prestigious honor for everyone at Replicon, and we want to thank our customers around the world for contributing to our incredible success."

More than 7,300 customers in 70 countries use Replicon's product suite. The company's core products,Web TimeSheet Project & Billing (http://www.replicon.com/timesheet/project-managing-software.aspx) and Web TimeSheet Time & Attendance (http://www.replicon.com/timesheet/time-attendance-software.aspx), provide a complete Web-based solution for all the time-tracking needs of a business. All Replicon products are offered in software-as-a-service (SaaS) versions.

Web TimeSheet Project & Billing enables businesses to track time against projects or any business activity while also monitoring costs. The Time & Attendance edition eliminates paper-based timesheets, allowing businesses to easily manage all employee scheduling and attendance.

Both editions of Web TimeSheet can be seamlessly integrated with existing business processes and can be accessed from anywhere with an Internet connection.

"The past two-plus years put much of Canada's ICT industry in survival mode, as companies conserved cash, cut costs and reduced overall spend," said Wayne Gudbranson, President and CEO of Branham Group. "This year's Branham300 data shows that while Canada's ICT industry still felt the effects of a challenging economic climate in 2010, overall the market is beginning to improve."

The Branham300 ranks ITC companies by their gross annual revenue in 2010. Listings are compiled annually by Branham Group and published in Backbone Magazine.