WebSideStory Recognized as Best Software Company of the Year
March 09 2007 - 7:00AM
Business Wire
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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