50) Macadamian is Named of 25th Annual Software 500 of Software Magazine

Macadamian is named as one of the global biggest software companies by 2nd annual recognition.

The fastest growing company of software product development outsourcing in Canada, Macadamian Technologies Inc., announces that it is included in the Software 500 of the global largest providers of software and service by the 25th annual Software Magazine.

Frederic Boulanger, Macadamian’s President and CEO, says, “The ranking of us shows the sector of product development outsourcing is healthy and Macadamian is also celebrating the 10th profitability year. The increasing technology companies and sophisticated ISVs are not only regarding outsourcing as a path to decrease costs, but also regarding it as a path to bring in new methods and a perspective to build ultimately more products.”

John P. Desmond who is the editor of Softwaremag.com and Software Magazine says, “The results of Software 500 in 2007 show that from 2006 to 2007, the growth of the industry in software and service was healthy. With over 98 new firms firstly in this year, the industry keeps to be dynamic. This year, the top 4 trade sectors are Application Development, System Integration Service/IT Consulting, Security Tools/Systems and Financial Applications.”

Software 500 is a ranking based on revenue of the global largest suppliers of software and services to target from medium to big companies, software developers, IT professionals and the business managers to purchase software and services. 37% of Software 500 in 2006 are held privately.

The ranking is according to the revenue of global software and services in 2006. This contains revenues from maintenance and support, software licenses, services and consulting related with software, training. Suppliers are ranked on other factors, because many of them have other businesses, like hardware or something else. King Content Co. gathered and surveyed this financial information, for the public documents are at www.Softwaremag.com.