Websidestory (NASDAQ:WSSI)
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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.