Enservio Named a “Powerhouse Elite Pacesetter” in the Boston Business Journal’s Annual Ranking of the Fastest Growing Private Companies

Leading Claims Technology Provider to the Property Insurance Industry Ranked the Third Fastest Growing Private Company in the Region

Needham, Mass. – April 30, 2012- Enservio (www.enservio.com), the nation's leading provider of contents inventory creation, valuation and replacement services and software, today announced that the company has been named a 2012 "Powerhouse Elite Pacesetter" in the Boston Business Journal's annual ranking of the region's fastest growing private companies. Enservio ranked third out of 73 other companies named to the 2012 Pacesetters list.

The 2012 Pacesetters ranking can be found on the Boston Business Journal web site at http://www.bizjournals.com/boston/news/2012/04/27/2012-pacesetters-honored.html.

The Boston Business Journal's 2012 Pacesetters list recognizes companies that have experienced strong growth despite the tough economy. To make the list, a company had to report annual revenue growth of at least 10 percent over a four-year period and have 2009 sales in excess of $750,000 to qualify. New for 2012 – the Top 5 fastest growing firms in two categories, as defined by 2011 revenue figures and percent of growth, have been named Elite Pacesetters, with Enservio earning the distinguished ranking as a Powerhouse Elite Pacesetter.

"We're thrilled and honored to be named a Powerhouse Elite Pacesetter by the Boston Business Journal and to be included among some of the most innovative and successful companies in the Boston area," said Jon McNeill, CEO of Enservio. "Enservio has been on a rapid growth path since 2004 when the company was founded, and despite the tough economy, insurance carrier demand for innovative contents claims solutions remains strong and is fueling our continued growth momentum."

"We're always honored to recognize dynamic, privately held companies through our Pacesetters program," Business Journal Publisher Christopher McIntosh said. "But it's a special privilege at a time when these businesses are widely recognized as the engines driving our economic recovery. The success of these 73 companies testifies not just to the vision of their owners and employees but also to the health of our region."

About Enservio

Enservio is the market leader in property insurance affinity solutions, strategic analytics, and contents software, inventory, valuation, replacement and replacement tools. Enservio created the first SaaS (software as a service) software platform for contents, the first replacement mall, the first payment debit card for claims and the first ContentsITV product. We provide software and services to property insurance carriers and their policy holders nationwide. Founded in 2004, we are headquartered near Boston, in Needham, MA with offices and professional staff across the United States. For additional information, please visit the company's web site www.enservio.com or call 888.567.7557.

About the Boston Business Journal

The Boston Business Journal is Greater Boston's leading source of business news, information and events, reaching readers through the weekly print publication, the website www.bostonbusinessjournal.com and four e-mail products. The BBJ also prints the annual Book of Lists — the region's top resource for business decision-makers seeking information about potential clients, suppliers and partners.

The Boston Business Journal is published by American City Business Journals, the nation's largest publisher of metropolitan business news.