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Keynote Ranked Number 13 Fastest Growing Technology Company in North America on the 2002 Deloitte & Touche Technology Fast 500.

Business Editors/Technology Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--Oct. 28, 2002

Keynote Systems (Nasdaq:KEYN) today announced that it ranked Number 13 on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. These rankings are based on percentage revenue growth over the five years period from 1997 to 2001. Keynote's revenues grew from approximately $81,000 in fiscal 1997 to approximately $45.6 million in fiscal 2001.

"We believe that the value proposition we offer is a strong one," said Umang Gupta, chairman and CEO of Keynote. "We build on our unique value proposition by doing everything we do through easy-to-use, cost-effective and business-critical services, rather than costly, hard-to-maintain and implement software."

"With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Keynote's leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche's Technology, Media & Telecommunications Group. "We congratulate Keynote on becoming one of the 500 fastest growing technology companies in the United States and Canada."

The complete Deloitte & Touche Technology Fast 500 list is featured on Forbes.com and Fast500.com.

Fast 500 Selection and Qualifications

The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology.

Technology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.

About Deloitte & Touche

Deloitte & Touche, one of the nations leading professional services firms, provides assurance and advisory, tax and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte & Touche Tohmatsu. Deloitte & Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com.

Keynote Systems, Inc.

Keynote Systems (Nasdaq "KEYN"), The Internet Performance Authority(R), is the worldwide leader in Internet performance management services that improve the quality of e-business. Keynote's services enable corporate enterprises to benchmark, diagnose, test and manage their e-business systems both inside and outside the firewall. More than 2,300 corporate IT departments and 16,000 individual subscribers rely on the company's easy-to-use and cost-effective services to optimize revenues and reduce downtime costs without requiring additional complex and costly software implementations.

Keynote Systems, Inc. was founded in 1995 and is headquartered in San Mateo, California. The company can be reached at www.keynote.com or by phone in the U.S. at 650-403-2400.

The Internet Performance Authority and Perspective are registered trademarks. Keynote Systems is a trademark of Keynote Systems, Inc. Other trademarks are the property of their respective owners.

Note to press: Call Keynote's media and analyst relations hotline at (650) 403-3254 to request further information on Keynote Systems, Inc. or an interview. To be added to Keynote's press-release distribution list, send an email to press@keynote.com and specify your press affiliation.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 28, 2002
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