2002 Press Releases

Objective featured in the BRW Fast 100 for the second consecutive year

Objective Corporation (ASX: OCL), a leader in knowledge and process management software solutions for government and top 1000 corporations, was today listed in the BRW Fast 100 for the second year in succession.

The BRW Fast 100 measures and ranks Australia's fastest growing companies on average annual growth rate in the three years to June 30, 2002.

Objective took out 21st position this year with 111% average annual revenue growth over three years. In 2001, Objective ranked 20th with 87% growth.

Mr Tony Walls, CEO Asia Pacific for Objective Corporation said: "Objective's inclusion in the Fast 100 for a second year was particularly pleasing in light of the period of unprecedented upheaval experienced throughout the ICT sector.

"The 2002 financial year saw Objective report sound financial results in terms of revenue, profitability and cash flow.

"We now boast customers in three geographic regions and six countries including Australia, New Zealand, England, Northern Ireland, Sweden, and the United States.

"For our customers there are two key benefits of such growth. Firstly, it enables us to increase our investment in Research and Development driving the continual advancement of our industry leading technology. Secondly, delivering a growing number of innovative solutions further compounds the deep domain expertise we offer to the market.

"On behalf of the Board, I would like to dedicate this achievement to our talented staff for their resolute commitment to delivering high quality solutions for our customers."