Silicon Valley Business Journal Ranks Groupware Technology on its 2012 Top 50 Largest Private Companies List

Campbell, CA (August 3, 2012) – Groupware Technology, Inc., a leading information technology solution provider announced today that it ranked number seventeen on the Silicon Valley / San Jose Business Journal list of the 50 Largest Private Companies based in the Silicon Valley. The list is based on the previous year’s most recently reported revenue, and the list of the Valley’s largest private companies reported accounts for over five billion dollars in total annual revenue from construction, manufacturing, information technology and professional services.

Mike Thompson, President and CEO of Groupware stated, “We are proud to be listed among this elite group of private Silicon Valley companies who are helping to fuel the local economy and provide growth opportunities for the diverse talent pool in the area.”

The Private Companies lists are based on audited financial statements provided by applicants, which are verified by an outside CPA firm. Groupware’s rise up the50 Largest Private list puts the company among the ranks of DPR Construction, Rosendin Electric and Corsair Inc., all of whom have annual revenues of over $500 million dollars.