Rally Software Ranks Number 182 Fastest-Growing Company in North America on Deloitte’s 2013 Technology Fast 500™

Ranking Follows Year of Unprecedented Success and Recognition

BOULDER, Colo., Nov. 13, 2013  — Rally (NYSE: RALY), a leading global provider of cloud-based solutions for managing Agile software development, today announced it ranked No. 182 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

The ranking marks yet another achievement for Rally in a year that has seen unprecedented recognition and success for the company. Following its successful April 2013 public offering, Rally delivered on its founding promise to give back to the community and donated more than $1.3 million to the Entrepreneurs Foundation of Colorado and the Rally for Impact Foundation. Rally was also recognized in B Corp’s second “Best for the World” list of companies with the most positive overall social and environmental impact, was named to Outside magazine’s Best Place to Work list and ranked No. 8 on Fortune Magazine’s Great Places to Work Best-Medium-Size Workplaces list.

“One of our core values as a company is a commitment to ‘living Agile,’ which means we share common goals for success and are incessantly collaborating and learning from each other to achieve those goals,” said CEO Tim Miller. “The success we’ve experienced and the awards we’ve received this year are tremendous validation of all our core values and a reflection of our employees dedication and hard work.”

“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”

“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”

About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Rally Software

Rally Software is a leading global provider of cloud-based solutions for managing Agile software development. The Rally® Agile application lifecycle management (ALM) platform transforms the way organizations manage the software development lifecycle by closely aligning software development and strategic business objectives, facilitating collaboration, increasing transparency and automating manual processes. Companies use Rally to accelerate the pace of innovation, improve productivity and more effectively adapt to rapidly changing customer needs and competitive dynamics.

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