Rally Software Ranks Number 232 Fastest-growing Company in North America on Deloitte's 2014 Technology Fast 500™

BOULDER, Colo., Nov. 18, 2014 /PRNewswire/ -- RallySoftware (NYSE: RALY), a leading global provider of enterprise-class software and services solutions to drive business agility, today announced that it is listed No. 232 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and clean-technology companies in North America.

"This has been an important year for Rally Software, during which we've achieved terrific growth and reached impactful milestones. This award speaks to the hard work and dedication of our team and we're thrilled to be recognized as one of the fastest-growing companies in the Technology Fast 500," said Tim Miller, CEO at Rally Software.

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."

"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."

Rally Software previously ranked 182 as a Technology Fast 500™ award winner in 2013.

About Deloitte's 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean-technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.

About Rally Software
Rally Software provides leading software and services solutions that drive agility. Companies work with us to accelerate innovation, improve performance, and respond to evolving customer needs. Rally Software's SaaS platform transforms the way organizations manage the software development lifecycle by aligning software development and strategic business objectives, facilitating collaboration, and increasing transparency. Rally Software's consulting and training services apply Agile and Lean approaches to help organizations innovate, lead, adapt, and deliver. http://www.rallydev.com.

© 2014 Rally Software Development Corp. All rights reserved. Rally, Rally Software, and the Rally logo are trademarks or registered trademarks of Rally Software Development Corp. in the United States and other countries. All other trademarks are properties of their respective owners.

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