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Coverity Ranked One of the Fastest Growing Companies in North America in Deloitte’s 2010 Technology Fast 500(TM)

October 28, 2010

SAN FRANCISCO, Oct. 28 /PRNewswire/ Coverity, the software integrity leader, today announced that it ranked number 201 in Deloitte’s 2010 Technology Fast 500(TM), Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The rankings are based on the percentage of fiscal year revenue growth during the period from 2005-2009.

“Coverity is honored to be ranked among the 500 fastest growing companies in North America for the fourth consecutive year,” said Seth Hallem, Coverity CEO and founder. “Coverity’s growth is attributed to rising pressure for global brands to ship high quality, safe, and secure software in their products and services. More than 1,000 customers have adopted Coverity to test their code in development to eliminate software flaws from their products before they ship.”

“Coverity and the other 2010 Technology Fast 500(TM) winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. “Deloitte commends Coverity for this impressive accomplishment.”

“Coverity has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500(TM),” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

For additional detail on the Technology Fast 500(TM) including selection and qualifying criteria, visit www.fast500.com.

About Coverity

Coverity (www.coverity.com), the software integrity leader, is the trusted standard for companies that have a zero-tolerance policy for software failures. Coverity’s award-winning portfolio of software integrity products discovers software defects in development before they can impact the business. More than 1,000 customers rely on Coverity to help them deliver high-integrity software. Coverity is a privately held company headquartered in San Francisco. Follow us on Twitter or check out our blog.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

SOURCE Coverity, Inc.


Source: newswire



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