HITWISE WINS DELOITTE FAST 50 AWARD

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Hitwise Press Release

Hitwise wins Deloitte Fast 50 award

MELBOURNE; December 2nd, 2005: Melbourne-based company, Hitwise, has come 23rd in the 2005 Deloitte Technology Fast 50 awards, achieving 207% revenue growth over the past three years.

The Deloitte Technology Fast 50 ranks the 50 fastest growing technology companies, public or private, based on percentage revenue growth over three years (2003 to 2005) and includes all related industry sectors: Communications; Software; Semiconductors; Components and Electronics; Life Sciences; Internet; and Computer Peripherals.

Hitwise is the world's leading online competitive intelligence service. Each day, Hitwise monitors how more than 25 million Internet users interact with over 500,000 websites across 160 industry categories.

By monitoring more people, more websites, more often, Hitwise provides marketers with timely and actionable marketing insights on how their online presence compares to competitive websites. Companies use this information to maximise the return on their online investment, in efforts such as search marketing, affiliate programs, online advertising, visitor segmentation, content development and lead generation.

Hitwise collects Internet usage information via a combination of ISP data partnerships and opt-in panels, and complies with local and international privacy legislation as audited by PricewaterhouseCoopers. Founded in 1997, Hitwise is a privately held company, headquartered in New York City and operates in the US, UK, Australia, New Zealand, Hong Kong and Singapore.

Hitwise CEO, Andrew Walsh says, "Our significant growth is the result of a number of factors including: our continued global expansion; a unique and continually evolving product suite which helps online marketers improve the effectiveness of their search marketing, affiliate marketing and online advertising efforts; and a fantastic group of very smart people at Hitwise across the globe that work well together to get things done."

Walsh says "One of our most successful strategies has been to expand into Europe and the US. These are very large markets and, even at 1200 customers, we think there is still huge growth left in our business."

According to Walsh, "Hitwise expect to achieve around 70 to 80 per cent growth over the next 12 months."

Deloitte growth Solutions partner Ms Julia Birkerstaff, says "the growth of Hitwise has been astounding."

"Managing growth is challenging for many organisations, but Hitwise has achieved exceptional growth during a downturn in the technology sector."

"With the Australian and global tech sector showing more prosperous signs than the last three years, the future is looking even brighter for Hitwise."

PR Contact: For media inquiries or to schedule an analyst interview, please contact James Borg: james.borg@hitwise.com or 03 8530 2420.

More information about Hitwise is available at www.hitwise.com.au

For up to date analysis on online trends, please visit the Hitwise Intelligence-Analyst Weblogs at weblogs.hitwise.com.