Press Release

London, UK – September 22, 2009 - Sword Group, leading global provider of business improvement solutions, today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year.

Globally, Sword Group was ranked 127, with revenue of $302.988 million. Highlighted as a top performer in the report with 23 per cent year-on-year growth Sword Group is ranked the 13th largest software company in Europe.

Heath Davies, CEO Sword Group said: “We are delighted to be recognised by Software Magazine as one of the world's largest software companies. This is the first time Sword has been included in Software 500 and our strong ranking is testament to our commitment in our growing portfolio of software and solutions.

Davies continues: “Today Sword's software revenue, including license, maintenance, support and associated services constitutes over 60 per cent of our annual income as a result of our strong organic growth and acquisition strategy to augment our offerings. By 2010 we expect our software revenue to represent 80 per cent of our total annual revenue.”

“The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.

Sword Group's portfolio notably includes Sword CTSpace, one of the world's leading suppliers of document control and business process automation solutions to companies with capital assets to design, engineer, construct and maintain in any location in the world.

In addition the Group's services portfolio has successfully evolved into a $150m business in conjunction with international partners including Microsoft and Google to become a leading player in the information management marketplace.

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

The ranking is based on total worldwide software and services revenue for 2008. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.