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Truffle 100

THE 2007 TRUFFLE 100 EUROPE REVEALS GROWING ROLE OF EUROPE’S TOP SOFTWARE VENDORS IN “REVERSE BRAIN DRAIN”

Thousands of value-added jobs created as vendors invest heavily in R&D

U.K.-based Autonomy Corporation plc is designated this year’s “Best performing Software Company in Europe”

Brussels, 19 November 2007 – Truffle Capital and Syntec informatique today released the 2007 “Truffle 100 Europe,” the leading ranking of the top 100 European software companies, at a presentation in Brussels chaired by Viviane Reding, European Commissioner for Information Society and Media. The ranking revealed for the first time that the industry employs 38,000 people in R&D, making the Truffle 100 a strategic provider of qualified jobs in Europe.

Autonomy Corporation plc, a UK-based leader in the rapidly growing area of Meaning-Based Computing (MBC), was designated Europe’s best-performing software company, moving up to 15th place in the ranking from 44th place in last year’s edition. Dr. Mike Lynch, Autonomy’s Founder and CEO, accepted the award from Bernard-Louis Roques, General Partner IT of Truffle Capital, in the presentation held at the European Commission headquarters, which was attended by representatives from significant European software vendors including Sage (UK), Business Objects (France), and Selligent (Belgium). It was the first time a European company has been honoured in this way.