Positive Forecasts for Software as a Service and SaaS.com - Gartner Reports SaaS Experiencing Rapid Growth in 2007

BRIDGEWATER, NJ - August 23, 2007 - WebApps, Inc. a.k.a. SaaS.com, a leading provider of Software as a Service (SaaS) with a major push in Time & Labor Management, is one of the many SaaS companies reaping the benefits of the industry's rapid growth. A recent article written for eChannelLine, titled SaaS Showing Large Jump in 2007, details Gartner's latest analysis on the up-and-coming software platform. According to the article, "this may be the year for software as a service."

The article highlights recent trends in the SaaS industry. It explains, "Gartner's key finding is that worldwide software-as-a-service revenue will surpass $5.1 billion, which represents a 21 percent growth over 2006 revenues. Furthermore, SaaS revenues are poised to reach $11.5 billion in 2011." With many decisions driven by senior management, more organizations are adopting a SaaS delivery model for one or more business applications.

SaaS.com follows the typical SaaS model, predicated on a 'one-to-many' or multi-customer delivery model whereby an application is shared across customers. The SaaS provider invests in the technology, hardware, and ongoing support services instead of the customer. Benefits of delivering software via SaaS include both providers and customers taking advantage of automation more quickly, experiencing more predictable costs, and achieving a quicker Return on Investment (ROI). In fact, according to a study by the Aberdeen Group, users of SaaS report achieving ROI in six months or fewer, which is 2-4 times faster than with client-installed alternatives.

Whereas the article makes reference to the delivery model's potential downfall being data privacy and security, SaaS.com offers one of the only commercially available hosting environments that exceeds the Department of Defense standards for a Sensitive Compartmented Information Facility (SCIF). The primary facility consists of three layers of security. The outer layer includes restricted parking outside a fenced perimeter, 24-hour guard station at the entrance, and pan-tilt-zoom cameras to monitor access, which is only granted to pre-approved visitors. The middle layer requires biometric access to secure areas. This layer also features, redundant power and data cables encased in an armored conduit, multiple backbone providers, variable switch load balancing of Internet traffic, and a 2-megawatt diesel backup generator. The inside layer houses Lampertz vaults impervious to smoke, water, fire, and electromagnetic waves, a multiple layer intrusion detection system, hardened operation systems, and vulnerability scanning.

Reports like the one published by Gartner, coupled with the organization's dedication to meeting the highest standards within the industry, have led to increased confidence in terms of marketplace performance. "We are looking forward to expanding and diversifying as a company in an area of technology that's really beginning to change the face of the software industry," said Bill Loss, CEO of SaaS.com. "One of our goals is to continually provide valuable insight and new, more efficient developments in the SaaS space to help those who are not yet familiar with the benefits of the software delivery model."

About SaaS.com -
Formed in 2001, SaaS.com helps companies deliver both internal and consumer-facing applications as a service that are more intuitive, easier to deploy, and offer lower total cost of ownership. Two distinct business lines include a pre-existing set of Human Resource centric applications that are offered under a private-label model and a pure multi-application, multi-tenant delivery platform that can be coupled with industry-specific business logic and proprietary data to be delivered as a complete SaaS solution - - www.SaaS.com.

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