CARY, NC (August 24, 2006)–SchoolDude.com–the nation’s leading provider of
web-native operations management solutions designed exclusively for the unique needs of educational professionals–today announced that it has been named to Inc. Magazine’s “Inc. 500” list of the fastest-growing private companies in the country. The Cary, North Carolina based company ranked 83rd among the 500 honored companies based on three year compound revenue growth and has emerged as the market leader with more than 2,200 clients in North America, Canada, and Australia. A complete list of the “Inc. 500” winners will be published in the September 2006 issue of the magazine.

“This was the first year that SchoolDude.com was a candidate for the award,” said Kent
Hudson, CEO and Founder of SchoolDude.com. “Our compound growth rate over the past three years was 936.1% and places SchoolDude.com as the second fastest-growing privately held company in North Carolina, as well as the second fastest-growing privately held company serving the education market.”

Founded in 2000, SchoolDude.com, has established itself as the market’s leading
provider of operations management tools that are easy to use and simple to implement, allowing educational institutions to realize increased savings and operational efficiencies. SchoolDude.com is dedicated exclusively to meeting the unique requirements of educational operations professionals with integrated solutions that extend asset life, improve service, reduce operating costs and relieve capital budgets.

“To achieve an award of this magnitude requires a tremendous team effort in which
everyone contributes with a ‘do whatever it takes’ attitude,” said Hudson. “We are pioneering an innovative ‘Software as a Service’ business model, which makes it more challenging for us to win awards of this nature compared to companies that use the old legacy business models. This is an incredible achievement for the SchoolDude.com team!”

“If you want to find out which companies are going to change the world, look at the Inc.
500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”

Methodology

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify,
companies had to be U.S.-based, privately held independent–not subsidiaries or divisions of other companies–as of December 31, 2005, and have, and have at least $600,000 in net sales in the base year.

About SchoolDude.com

With more than 2,200 clients, SchoolDude is the nation’s leading provider of web-native
operations management solutions designed exclusively for the unique needs of educational professionals. Backed by the industry’s only Legendary Service Program, SchoolDude’s broad suite of online applications is revolutionizing the business of managing educational operations. SchoolDude’s web-native tools for operations management offer easy to use, affordable solutions to help both small and large educational institutions save money, increase efficiency and improve services. For more information about SchoolDude, visit www.schooldude.com.

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