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Alloy Software Ranked in Annual Index of Fastest-Growing US Companies

Alloy Software Ranked in Inc. Magazine’s Second Annual 5000 Listing

Nutley, NJ – Aug 25, 2008 – Alloy Software, Inc., a leading provider of IT service and asset management software solutions, today announced it was ranked number 3,678 in Inc. Magazine’s annual index of the 5,000 fastest-growing private companies in the country. The list provides a snapshot of the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.

“We are extremely honored to be ranked as one of the fastest-growing private companies by such a prestigious organization like Inc. Magazine,” stated Vladimir Vinogradsky, President and CEO at Alloy Software. “This ranking is a testament to our exponential growth due to an expanded technical support staff, an increase in number of client engagements, and the continued enhancements of our flagship products.”

Alloy Software’s two core offerings – Alloy Navigator and Alloy Discovery – contributed to its selection as an Inc. 5000 company. Alloy Navigator is a comprehensive IT service management solution based on ITIL principles. The solution offers a blend of service support, configuration management, and change management, all consolidated into a single seamless solution, focused on streamlining service processes and effectively managing the complete IT lifecycle. Alloy Discovery (formerly known as Alloy Network Inventory) is a comprehensive, budget-friendly, and easy-to-deploy network inventory solution that provides accurate and up-to-date information for every computer on a network.

“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivaled portrait of young, under reported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded.

About Inc.com

Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com’s audience of business leaders. Visit www.inc.com.

About Alloy Software

Established in 2002, Alloy Software is a leading provider of service management, asset management, and network management software solutions that help organizations of all sizes automate IT operations. The company’s flagship solution, Alloy Navigator, is a comprehensive IT service management solution based on industry principles. It includes a centralized service desk environment with integrated asset management, configuration management, and change management tools. Used worldwide, Alloy Navigator helps service and support organizations optimize IT resources, improve productivity and financial processes, ensure software license compliance and reduce costs. The company’s Alloy Discovery product is a comprehensive network inventory software solution for administrators and IT service providers designed for small and medium-sized businesses. For more information contact Alloy Software at (973) 661-9700 or visit www.alloysoftware.com.