XIFIN, Inc. Named One of San Diego's Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program; Attributes Innovation to Its 3,414% Revenue Growth

SAN DIEGO—(BUSINESS WIRE)—October 03, 2005—

XIFIN, Inc., an acknowledged leader in revenue cycle management software and services for diagnostic laboratories, was recognized as one of the top five fastest-growing technology companies in San Diego by Deloitte and Touche LLP, one of the nation’s leading professional services firms. Deloitte’s prestigious Technology Fast 50 Program for San Diego provides a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage revenue growth over five years from 2000–2004.

XIFIN’s Executive Chairman, Lale White, credits the company’s 3,414% revenue growth from 2000–2004 to an innovative business model that combines high tech design with high touch services. “It’s gratifying to see health care beginning to embrace more sophisticated Information Services like ours,” she noted.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, must be public or private companies headquartered in North America and be a “technology company,” defined as a company that owns: proprietary technology that contributes to a significant portion of the company’s operating revenues or devotes a significant proportion of revenues to the research and development of technology.

“To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth over five years. XIFIN has proven to be one of the fast-growth success stories in San Diego, and we applaud their vision and dedication to making their vision reality,” said Helen Adams, partner, Technology, Media & Telecommunications, Deloitte & Touche LLP.

About XIFIN
Founded in 1997 by senior laboratory executives, XIFIN^® delivers a highly automated, Web-based application with integrated infrastructure services to support laboratory Accounts Receivable and financial management operations. XIFIN targets process errors that lead to bad debt, rework and compliance liabilities, through its closed-loop, rules-driven workflow automation. XIFIN Services manage, deliver and maintain the entire infrastructure supporting A/R including: connectivity, reference databases, payer requirements, transaction services vendors, hardware & software, as well as compliance/regulatory workflow logic.

About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, 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.