Business Wire - November 3, 2005

SeamlessWeb Professional Solutions, Inc. Named Fastest Growing Internet-based Services Company in North America as 5-year revenue growth hits 25,855%

Industry-pioneering business services company garners top industry rating in the 2005 Deloitte Technology Fast 500 awards; earns #1 ranking in New York Fast 50 Program

November 3, 2005—SeamlessWeb Professional Solutions, Inc. (www.seamlessweb.com) today announced that it earned the #1 ranking among Internet-based services companies in the 2005 Deloitte Technology Fast 500, a list of the 500 fastest-growing technology companies in North America. Additionally, the company was ranked #1 in the Deloitte Fast 50 for New York, a separate ranking of the fastest-growing technology companies in the state.

SeamlessWeb offers online ordering from local merchants, including restaurants, florists, caterers, and other providers. SeamlessWeb Business Solutions streamlines billing, controls costs, eliminates time-consuming reimbursement processes, and expands employee selection options. The company also recently launched SeamlessWeb At Home for retail customers (www.seamlessweb.com/athome), a free, online service that enables consumers to order conveniently from the best local delivery restaurants.

"Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company’s product and its leadership," said Tony Kern, deputy national managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. "SeamlessWeb has shown the right stuff for growth."

On the Fast 500 list, SeamlessWeb was ranked the fastest-growing company headquartered in New York City and the fastest-growing company in the Internet category, placing # 7 on the list overall, ahead of Mountain View, CA-based Google (#14) and Fort Myers, FL-based MIVA, Inc. (#46). Rankings are based on percentage revenue growth over five years, from 2000–2004. SeamlessWeb grew 25,855% percent during this period, topping $49MM in revenue in 2004. On the Fast 50 list for New York, SeamlessWeb earned the #1 ranking overall.

SeamlessWeb’s CEO and co-founder, Jason R. Finger, cited market demand, service and execution as the primary foundations for his company’s explosive growth during the past five years. "We are proud to be recognized for our revenue growth, as that is a function of the value we provide to our clients, customers and network partners. Our people work hard to ensure that every expectation is exceeded, and our performance demonstrates that our efforts have been, and will continue to be, successful."

SeamlessWeb Business Solutions now serves companies throughout the U.S. SeamlessWeb At Home is currently available in Manhattan with new markets scheduled for imminent launch.

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