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WSSI Websidestory (MM)

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Share Name Share Symbol Market Type
Websidestory (MM) NASDAQ:WSSI NASDAQ Common Stock
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WebSideStory Recognized as Best Software Company of the Year

09/03/2007 1:00pm

Business Wire


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WebSideStory, Inc. (Nasdaq:WSSI), a leading provider of real-time customer intelligence solutions, today announced it has been named “Software Company of the Year” for 2007 by the Technology Council of Southern California. This prestigious award was given to WebSideStory by a panel of judges based on the company’s aggregate ratings in numerous categories, including annual sales and revenue growth, team-building skills, product innovation, positive effect on the technology industry within the Southern California region, industry trade organizations and community involvement. Winners of the 13th Annual Technology Awards were presented at the awards ceremony on Wednesday, March 7 at the Millennium Biltmore Hotel in Los Angeles. “We’re honored the Technology Council of Southern California has recognized WebSideStory and Visual Sciences for its unique ability to help businesses gain competitive insight through a comprehensive view of their customers’ interactions across multiple channels,” said Jim MacIntyre, president and chief executive officer of WebSideStory. “At the core of our success is our innovative and proven technology platform that empowers our clients to uncover value with real-time data analysis capabilities that are unmatched in the industry.” The company has a 10-year track record of innovation, growth and success. More than 1,500 enterprises worldwide rely on its analytics applications and technology platform to get real-time answers from petabytes of streaming data. “The fourth quarter of 2006 was one of our most successful quarters. We added 115 new enterprise customers directly, more than 150 new customers through distribution partnerships, and completed more than 345 new sales transactions,” added MacIntyre. “The Technology Council of Southern California has been impressed with WebSideStory’s track record of innovation in providing data-driven organizations with solutions that offer competitive insight,” said Jon Kraft, chairman of the Technology Council of Software Council of Southern California. “For more than a decade the company has been an active contributor to Southern California’s technology and Web analytics communities, providing educational programs and consulting services to its customers.” The Technology Council of Southern California award comes on the heels of several other recent honors for WebSideStory and Visual Sciences. In January, the company was named by ASPNews.com as one of the world’s 25 leading service providers in the SaaS (software-as-a-service) industry and a top 50 global ASP (application service provider) overall for the sixth consecutive year. The company is a “Best Enterprise Search Engine” category finalist in the 2007 Codie Awards presented by the Software & Information Industry Association (SIIA). Additionally, KMWorld included WebSideStory in its annual list of “100 Companies That Matter in Knowledge Management” for delivering innovative analytics-driven applications to the market. For more information about WebSideStory, visit www.websidestory.com. About the Technology Council of Southern California The Technology Council of Southern California is the premier forum for the region's technology leaders, providing events, connections, information and resources to help technology companies succeed. From recognizing excellence in innovation through its annual awards event to providing access to funding through VentureNet, the Technology Council supports companies throughout their entire corporate lifecycles. Founded in 1991 as the Software Council of Southern California, the Technology Council has a 15-year history of supporting technology companies across the region. For more information, visit www.tcosc.org. About WebSideStory, Inc. Founded in 1996, WebSideStory, Inc. (NASDAQ:WSSI) is a leading provider of real-time customer intelligence solutions. The services provided by WebSideStory and Visual Sciences deliver comprehensive insight into the lifetime of customer interactions across on-line and multi-channel businesses. More than 1,500 enterprises worldwide rely on the company for innovative solutions, enterprise-class services and a world-class network of partners to improve marketing, sales and operational performance. WebSideStory is headquartered in San Diego, California, and has European headquarters in Amsterdam, The Netherlands. For more information, contact WebSideStory. Voice: 858.546.0040. Fax: 858.546.0480. Address: 10182 Telesis Court, 6th Floor, San Diego, CA 92121. Web site: www.websidestory.com. WebSideStory is a registered trademark of WebSideStory, Inc. Visual Sciences is a registered trademark of Visual Sciences, LLC, which is a wholly owned subsidiary of WebSideStory, Inc. Forward-Looking Statements Statements in this press release that are not a description of historical facts are forward-looking statements. You should not regard any forward-looking statement as a representation by WebSideStory that any of its plans will be achieved. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in WebSideStory’s business, including, without limitation: WebSideStory’s reliance on its web analytics services for the majority of its revenue; blocking or erasing of cookies or limitations on our ability to use cookies; WebSideStory’s limited experience with digital marketing applications beyond web analytics; the risks associated with integrating the operations and products of Avivo Corporation and Visual Sciences, LLC with those of WebSideStory; privacy concerns and laws or other domestic or foreign regulations that may subject WebSideStory to litigation or limit our ability to collect and use Internet user information; WebSideStory’s ability to defend itself against claims of patent infringement alleged by NetRatings, Inc.; WebSideStory’s ongoing ability to protect its own intellectual property rights and to avoid violating the intellectual property rights of third parties; the highly competitive markets in which we operate that could make it difficult for WebSideStory to acquire and retain customers; the risk that WebSideStory’s customers fail to renew their agreements; the risks associated with the company’s indebtedness, including the risk of non-compliance with the covenants in our credit facility; the risk that WebSideStory’s services may become obsolete in a market with rapidly changing technology and industry standards; and other risks described in WebSideStory’s Securities and Exchange Commission filings, including WebSideStory’s annual report on Form 10-K for the year ended December 31, 2005 and quarterly reports on Form 10-Q. Do not place undue reliance on these forward-looking statements which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by this cautionary statement, and WebSideStory undertakes no obligation to revise or update this news release to reflect events or circumstances after the date of this news release.

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