SofterWare, Inc. Named to Software Magazine’s 30th Annual Software 500

Software Magazine Again Ranks SofterWare, Inc. as one of the World’s Largest Software Companies

Horsham, PA, October 8, 2012 – SofterWare today announces its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers.

SofterWare was ranked 402, with 2011 software revenue of $25.2 million. This is the fifth time in 5 years that SofterWare has made the list.

“We are pleased once again to be recognized by Software Magazine,” said Douglas Schoenberg, SofterWare’s CEO and Co-Founder. He added, “Our strong growth continues to be a testament to the hard work of our dedicated employees, and our commitment to helping our customers achieve greater productivity and professionalism with products and services that provide an outstanding value.”

“The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 17 percent growth from the previous year’s list,” says John P. Desmond, editor, Software Magazine. The ranking is based on total worldwide software and services revenue for 2011. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting.

Mr. Schoenberg noted, “Our goal has never been to be the largest or fastest growing provider of software to non-profits and educational institutions. Our success, which we fully expect to continue, is really just the by-product of our focus on creating innovative tools that help our clients raise more money and become more efficient. A recent example is our free DonorPerfect Mobile app, which literally puts real-time and current information about donors and prospects in the hands of our clients, even when away from their offices and computers.”