Bluebeam^® Software, leading developer of PDF-based collaboration solutions for technical professionals, is being recognized as one of the most rapidly-growing technology firms in the United States. Today Deloitte released the Technology Fast 500™, a list of the nation’s 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies. Pasadena-based Bluebeam Software is ranked 255 on the list.

“Bluebeam Software develops innovative, document-centric collaboration solutions that push the limits of project communication,” said Richard Lee, Bluebeam Software President and CEO. “Over the past five years alone, our unique approach to solving collaboration issues by combining collaborative conversations with the documents being reviewed has enabled us to grow at an incredible 320%.”

The driving force behind Bluebeam’s tremendous growth has been its flagship product Revu^®, which is used by the world’s top architecture, engineering, construction, and oil and gas firms to digitize project communication and collaboration. Revu enables users to electronically share project information and feedback by marking up PDFs with customizable, industry-standard annotations and tracking all activity through the integrated Markups list. PDFs can be reviewed offline or in the cloud using Revu’s integrated collaboration solution, Bluebeam Studio™, from which users can store an unlimited number of PDFs and other files online for free and collaborate on PDFs with others in real time.

“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These groundbreaking companies have outpaced their competition and are reinventing the way we do business today.”

Bluebeam Software products are sold direct and through a global network of authorized resellers. For more information, visit www.bluebeam.com.

About Deloitte’s 2012 Technology Fast 500™

Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Bluebeam Software

Bluebeam Software makes smart, simple solutions for paperless workflows based on the PDF format. Founded in 2002 in Pasadena, California, Bluebeam's award-winning PDF creation, markup and collaboration solutions are used today by the world's top architectural, engineering and construction firms, oil and gas companies as well as government agencies, accountants and even attorneys, as an intuitive, easy-to-use, PDF-based software solution for dramatically improved workflow and more sustainable, paperless operations. Bluebeam supports customers in over 65 countries directly through its Account Services team in addition to an extensive reseller network. For more information, visit www.bluebeam.com.