Spiceworks Named InformationWeek Startup 50 Company

Fastest Growing Provider of IT Management Software and Global Community of IT Professionals Recognized as Business Technology Company to Watch

AUSTIN, Texas (May 01, 2009) –

Spiceworks(TM), Inc., which provides the first free social IT management application for small and medium businesses, today announced that it was named an InformationWeek Startup 50 company by InformationWeek Magazine. The InformationWeek Startup 50 is a list of the top business technology startups selected by InformationWeek readers and editors. Companies were selected in a three-step process that involved nomination, online voting, and editorial vetting. The technologies and the companies behind them were evaluated on the following criteria:

* Innovation and their ability to inject new ways of doing things into business processes;
* Value, which is reflected in lower costs, increased sales, higher productivity, or improved customer loyalty; and
* Enterprise-readiness, meaning that a product or service scales and can be deployed and managed as necessary by IT pros.

In just three years, Spiceworks has grown into one of the largest providers of IT management software and the biggest community of small business technology professionals in the world. The company’s free Spiceworks IT Desktop software is currently used by more than 650,000 IT managers in 190 countries. It is the first social business application for IT – bringing IT management software capabilities, crowdsourcing, social networking and community collaboration features together into an IT professional’s daily workflow. The powerful and innovative combination helps IT managers get their jobs done more quickly and easily.

“It’s an honor to be recognized by InformationWeek readers and the editorial staff as one of the top 50 business technology startups,” said Jay Hallberg, co-founder and vice president of Marketing for Spiceworks. “Our talented team is working hard to make sure that small businesses everywhere can use Spiceworks for everything IT.”

InformationWeek editors and readers identified young companies that are ready to address the critical challenges facing the enterprise. Whether it is securing networks, cutting costs or streamlining IT operations and business processes, the InformationWeek Startup 50 provides IT professionals and executives insight on new and innovative solutions from the named companies.

“It was difficult to limit ourselves to 50 startups because there’s a lot of exciting companies out there,” said Andrew Conry-Murray, Business Editor, InformationWeek. “That said, we believe the InformationWeek Startup 50 have innovative solutions to critical business problems and are worthy of enterprise consideration.”

The full list of the InformationWeek Startup 50: Business Technology Companies To Watch, along with analysis by InformationWeek editors, can be found online at http://www.informationweek.com/news/services/saas/showArticle.jhtml?articleID=216600068. For more information on Spiceworks or to download the free Spiceworks IT Desktop software, visit www.spiceworks.com.

About InformationWeek

InformationWeek (www.informationweek.com) is the anchor brand for the InformationWeek Business Technology Network – a powerful portfolio of resources that span the technology market, including security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com, cloud computing with PlugIntoTheCloud.com, and Internet innovation with InternetEvolution.com. InformationWeek magazine reaches 440,000 business technology professionals at more than a quarter million unique locations. Its mission is to help CIOs and IT executives define and frame their business technology objectives. InformationWeek.com delivers breaking news, blogs, high-impact image galleries, and proprietary research as well as analysis on IT trends, a whitepaper library, video reports, and interactive tools, all in a 24/7 environment.

About Spiceworks

Founded by network and systems management software pioneers, Spiceworks develops the first free social IT management application that incorporates crowdsourcing to help over 650,000 small businesses simplify everything IT. Spiceworks makes it easy for IT pros to manage their networks, collaborate to solve technology problems, and find the best practices, products and services they need day-to-day. Spiceworks is a privately held company headquartered in Austin, Texas with funding from Austin Ventures and Shasta Ventures. For more information visit www.spiceworks.com.

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Spiceworks is a trademark of Spiceworks, Inc. All other names may be trademarks or registered trademarks of their respective owners.

Media Contact:
Karl Scholz
For Spiceworks
karl.scholz@virtualprdirector.com
(512) 493-0909

Source: Spiceworks

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