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Press Release

Editorial Contact:
Cynthia Chow
925-242-4600

Valley Oak Systems Honored on "2005 Deloitte Technology Fast 500" for Third Consecutive Year

Customer-centric Philosophy and Business-focused Solutions Result in 493 Percent Company Growth

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San Ramon, CA — October 19, 2005 — Valley Oak Systems, Inc., a national provider of claims management software, services and support, today announced that it "made the list" - the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. Valley Oak Systems grew 493 percent during this period.

Randy Wheeler, founder and CEO of Valley Oak Systems, credits this phenomenal growth to the company's customer-centric philosophy and business-focused technology solutions. He said, "Customer-centricity means our customers are the center of our business strategy, and we are committed to developing the software, services and support that meet their needs and objectives. By fostering true client relationships, our software can positively impact their performance and bottom line results. As their needs change, we continually update our solutions."

"Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "Valley Oak Systems has shown the right stuff for growth."

In addition to ranking on Deloitte's Technology Fast 500, Valley Oak Systems ranked number 32 on the Silicon Valley Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Silicon Valley.
 
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