Rally Software Tops List of Area's Fastest Growing Companies

Continued demand for Rally's Agile software development solutions drives company growth

BOULDER, Colo., May 14, 2007 - Rally Software Development Corp., the leading provider of products and services that help companies succeed with Agile software development, today announced that the company received the top honor for large companies at the prestigious Mercury 100 awards. Hosted by the Boulder County Business Report, the Mercury 100 awards recognize the achievements of Boulder and Broomfield county's 100 fastest-growing private companies.

"Being named the fastest growing company in Boulder and Broomfield County is a true indicator of our exceptional employees and the growing demand for our Agile software development tools," said Tim Miller, CEO of Rally. "In order to feed this phenomenal growth, we are aggressively hiring to fill more than 15 open positions across all departments."

In its tenth year, the Mercury 100 awards recognize companies based on their two-year revenue growth. This year, 100 companies were recognized in two categories; those reporting more than $2 million and those reporting less than $2 million in annual revenue.

Rally recently announced its relocation to a new, larger company headquarters located at 3333 Walnut Street in Boulder, Colorado. The new facility is also the home to the Boulder-based Agile University training center. Through highly rated public courses, Agile University's expert trainers deliver courses for creating the Agile organization.

About Rally

From an initial pilot project to enterprise rollout, Rally helps companies succeed with Agile software development - one of the fastest growing trends in the technology industry. Rally's family of Agile life cycle management products give teams the visibility and collaboration needed to deliver high-value software in rapid iterations, and its world-renowned coaching services help mentor teams to create internal Agile experts. Based in Boulder, Colo., Rally maps an incremental road to Agile adoption for thousands of subscribers from leading software vendors, Internet companies and corporate development teams. For more information, visit www.rallydev.com.

Press Contact: Anne Greenhaw

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