CARY, N.C. (October 19, 2006)–SchoolDude.com, the nation’s leading provider of web-native operations management solutions for educational institutions, announced today that it has been recognized as the 34th fastest growing company on Deloitte’s 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. SchoolDude.com grew 8,152-percent during that period.

Kent Hudson, SchoolDude’s CEO and co-founder, credits hard work and dedication as key factors in the company’s impressive growth over the past five years. “To achieve an award this significant requires a solid team effort,” he said. “Our team works hard every day to help educational institutions save money and to provide our clients the best service and support in the industry. This is quite an honor for our company and our clients who helped build this success.”

Tony Kern, deputy managing principal of Deloitte’s Technology, Media & Telecommunications industry practice, added, “Sophisticated technology is becoming the norm and is in almost everything in the 21st century. SchoolDude.com has developed technology solutions that deliver in today’s highly competitive world, and we applaud their efforts, ingenuity and teamwork in becoming one of the fastest growing technology companies in North America.”

Fast 500 Selection and Qualifying Criteria

The Fast 500 recognizes the fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage revenue growth from 2001 to 2005. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research.

Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.

About SchoolDude

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.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas–audit, tax, consulting and financial advisory services–and serves more than one-half of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is aseparate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu”, or other related names.

In the United States, Deloitte & Touche USA LLP is the member firm of Deloitte Touche Tohmatsu, and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. The subsidiaries of the U.S. member firm are among the nation’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through nearly 40,000 people in more than 90 cities. Known as an employer of choice for innovative human resources programs, it is dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm’s Web site at www.deloitte.com/us.

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