WebSideStory Positioned in Challengers Quadrant in 2006 Magic Quadrant for Information Access Technology
October 16 2006 - 7:01AM
PR Newswire (US)
WebSideStory Also Announces Filing of U.S. Patent Application for
its Innovative Active Browsing Technology SAN DIEGO, Oct. 16
/PRNewswire-FirstCall/ -- WebSideStory, Inc. (NASDAQ:WSSI), a
leading provider of digital marketing and analytics solutions,
today announced that it has been positioned in the challengers
quadrant of Gartner Research's Magic Quadrant for Information
Access Technology, 2006(1), which was released on Oct. 6, 2006.
With more than 350 enterprise customers for its site search
application, WebSideStory is the largest on-demand site search
vendor in the industry, and one of the largest site search vendors
overall. "We are proud to be positioned by Gartner given our strong
focus on providing world-class on-demand site search technology,"
said Steve Kusmer, senior vice president and general manager of
WebSideStory's Search and Content Solutions unit. "While other
vendors are diverting their focus to markets other than site
search, we continue to provide pioneering innovation that moves
this market forward for the benefit of our customers." In a related
announcement today, WebSideStory announced that it has filed a U.S.
patent application for its Active Browsing technology. Active
Browsing, an extended service of WebSideStory Search, is the
industry's first Ajax-enabled site search solution. It allows any
e-commerce site to integrate one of Web 2.0's enabling
technologies, Ajax (Asynchronous JavaScript and XML), into their
product search results. The result is greatly enhanced speed and
interactivity, and an improved customer shopping experience in
which shoppers are able to engage in "clickless browsing" -- the
ability to preview additional product facets and "more like this"
categories just by rolling their mouse over specific search
results. Earlier this year, WebSideStory filed a U.S. patent
application covering its Active Ranking technology, which enables
companies to automatically drive their site search results based on
the full spectrum of web analytics data, such as conversion rates,
site entry pages or most popular pages. WebSideStory Search is part
of the industry's first suite of integrated, on-demand digital
marketing applications, including web analytics, site search, web
content management and keyword bid management. Please visit
http://www.websidestory.com/ for more information. (1) Magic
Quadrant Disclaimer The Magic Quadrant is copyrighted Oct. 6, 2006,
by Gartner, Inc., and is reused with permission. The Magic Quadrant
is a graphical representation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined
by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology
users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool
and is not meant to be a specific guide to action. Gartner
disclaims all warranties, express or implied, with respect to this
research, including any warranties of merchantability or fitness
for a particular purpose. About WebSideStory, Inc. Founded in 1996,
WebSideStory, Inc. is a leading provider of digital marketing and
analytics solutions that improve online marketing, sales and
business operations. Its WebSideStory suite of digital marketing
applications consists of web analytics, site search, web content
management, and keyword bid management. WebSideStory also provides
enterprise analytics solutions through its wholly owned subsidiary,
Visual Sciences, LLC, a leading provider of streaming data analysis
and visualization software. 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: http://www.websidestory.com/.
WebSideStory and HBX are among the trademarks or registered
trademarks owned by WebSideStory, Inc. Visual Sciences is a
registered trademark of Visual Sciences, LLC. Other trademarks
belong to their respective owners. 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; 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. DATASOURCE: WebSideStory, Inc. CONTACT: Erik Bratt of
WebSideStory, Inc., +1-858-546-0040, ext. 365, Web site:
http://www.websidestory.com/
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