HireRight Named One of North America's Fastest Growing Companies by Deloitte in the 2007 Technology Fast 500

IRVINE, Calif.--(BUSINESS WIRE)--

HireRight, Inc. (Nasdaq:HIRE), a leader in on-demand employment screening solutions, today announced that it ranked number 272 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002 to 2006. HireRight grew 572 percent during this period.

"We're honored to have earned a spot on the Deloitte Technology Fast 500 list. HireRight has focused on providing on-demand screening solutions that meet the ever-changing and increasingly complex needs of our global customers and we believe our growth demonstrates that our solutions are resonating with the market," said Eric Boden, HireRight Chairman and CEO.

"To rank on Deloitte's Technology Fast 500, companies must achieve phenomenal revenue growth over five years," said Phil Asmundson, Vice Chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We applaud HireRight for being among the fastest growing companies in North America."

In addition to ranking on Deloitte's Technology Fast 500, HireRight recently ranked number 12 in the Technology Fast 50 for Orange County, which is a ranking of the 50 fastest growing technology firms in Orange County, California.

Fast 500 Selection and Qualifying Criteria

The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.

Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas -- audit, tax, consulting, and financial advisory services -- and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.

About HireRight

HireRight is a leading provider of on-demand employment background and drug screening solutions that help organizations efficiently implement, manage and control screening programs. Many companies, including more than 50 of the Fortune 500, currently trust HireRight because the company delivers customer-focused solutions that provide greater efficiency and faster results. HireRight also provides pre-integrated employment screening services through enterprise e-recruiting solutions from top providers such as Oracle/PeopleSoft, Taleo, Vurv, ADP/VirtualEdge, Deploy Solutions and PeopleAdmin. HireRight's worldwide headquarters are located in Irvine, California, with offices and affiliates around the globe. For more information, visit the company's web site at www.hireright.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: All statements included or incorporated by reference in this release may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, any statements or implications contained herein regarding the future growth rates of our business. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements and implications are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed or implied in any forward-looking statements as a result of various factors. Important factors that may cause such a difference include, but are not limited to decreasing revenues due to the lack of acceptance and adoption of our products and services by existing and new customers, increased competition, increased pricing pressures, and the general economic and political conditions that may impact our operations and our revenues. Further information on HireRight, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Quarterly Report on Form 10-Q for our second quarter ended June 30, 2007, and in our other SEC filings that are available through the SEC's website (www.sec.gov).

Source: HireRight, Inc.

Released October 30, 2007