BST Global Celebrates Banner Financial Year and Decade; Company Achieves Record 2005 Performance and 10 Consecutive Years of Major Growth
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BST Global Celebrates Banner Financial Year and Decade; Company Achieves Record 2005 Performance and 10 Consecutive Years of Major Growth

TAMPA, Fla.—(BUSINESS WIRE)—Nov. 10, 2005— With the close of its fiscal year on Sept. 30, BST Global announces that it experienced its highest revenue in the history of the company - an 18 percent increase over 2004 figures. This 2005 achievement crowns a 10-year cycle where the company has sustained an average compound annual organic growth rate of 22 percent per year.

""While we are a 100 percent privately held company with no third party investors and do not announce actual revenue figures, we celebrate our success with our key clients and employees," said Allen Walker, BST Global COO. "They have been truly instrumental in helping us achieve our leadership position in the international business performance management solution marketplace. We have managed to accomplish this steady and impressive escalation even during challenging times for technology companies including the dot.com crisis."

Walker indicated that a principal reason for the company's continued growth and success over the last 10 years is the sustained business focus on value creation for its clients.

BST Global serves project driven organizations needing to integrate project management, client relationship management, billing, accounting and employee time and expense tracking as well as gain valuable enterprise insight through analysis capabilities. The company's flagship product is BST Enterprise, a portal-based solution that delivers relevant, real-time, focused information to the user. BST Enterprise includes enterprise resource planning, client relationship management, enterprise project management, and business intelligence. Leveraging the industry's only 100% Microsoft .NET solution, BST Enterprise is robust and scalable for larger organizations - end results for users include top line growth, improved cash flow and increased profitability.

Revenue isn't the only signpost of growth for BST Global in 2005. Recently the company announced plans to expand its corporate campus office space by 60 percent, and has seen a staffing increase of 31 percent in the year. The company also announced in October, its international expansion plans. The new London office of BST Global establishes a direct presence in the UK with plans to do the same in Australia in the near future. In addition, 2005 marks major client wins for BST Global including one of the leading U.S. international petroleum consulting firms, a South African multi-disciplinary engineering and management company, and one of Australia's leading consulting engineering and professional services companies.

"With the dynamic and evolutionary, if not revolutionary, nature of today's markets, few companies can chart 10 consecutive years of solid progress and innovation," Walker said. "It's something we commemorate today, and look forward to perpetuating tomorrow."

About BST Global

BST Global is the leading global provider of enterprise business performance management solutions for project driven professional services organizations. Solution capabilities span business intelligence, client relationship management, enterprise project management and enterprise resource planning. The privately held BST group of companies and alliance partners is a global organization with a presence in America, Europe, Australia and Africa. Today, over 75,000 end users and more than 100 of the top 500 ranked Engineering News Record (ENR) Design firms worldwide rely on BST Global's innovative solutions to manage projects, resources, finances and client relationships across six continents and 37 countries.

Founded in 1971, BST Global is headquartered in Tampa, FL. Additional information can be obtained by contacting BST Global at 1-813-886-3300 (international) or 1-800-726-3300 or via the web at http://www.bstglobal.com.

BST Global and BST Enterprise are registered service and/or trademarks of BST Consultants Inc. All other products or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.



Contact:
BST Global, Tampa
Valerie Nixon, 800-726-3300

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