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Perficient Ups Buyback Authorization By $10 Million

June 4, 2009 (FinancialWire) — Perficient, Inc.’s (NASDAQ: PRFT) board has authorized a program to repurchase an additional $10 million of the company’s common stock. The authorization is in addition to the $20 million authorization approved by the board in 2008.

To date, Perficient has repurchased 2.9 million shares at a cost of $14.7 million. The board-approved stock repurchase program runs through June 30, 2011.

Austin, Texas-based Perficient is an information technology consulting firm serving Global 2000 and enterprise customers throughout North America.

Perficient serves clients from a network of 19 offices in North America and three offshore locations, in Eastern Europe, India and China.

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