WebSideStory, Inc. Changes Name to Visual Sciences, Inc.; WSSI Ticker Symbol Changes to VSCN
May 09 2007 - 4:02PM
PR Newswire (US)
Visual Sciences is a Real-time Analytics Applications Company SAN
DIEGO, May 9 /PRNewswire-FirstCall/ -- Visual Sciences, Inc.
(formerly known as WebSideStory, Inc.) (NASDAQ:WSSI), a leading
provider of real-time analytics applications, today announced that
it has consolidated under a single brand, changing its name to
Visual Sciences, Inc. In addition, the company announced its common
stock, which trades on the Nasdaq Global Market, will begin trading
under the symbol "VSCN" effective with the opening of trading on
Thursday, May 10, 2007. Visual Sciences and WebSideStory merged in
February 2006 and both company brands had been in use since. The
company's decision to use only the Visual Sciences' brand going
forward is symbolic and illustrates the company's single-minded
focus on delivering the best real-time analytics applications for
enterprises who want to understand and gain insight from complex
data to optimize their businesses. It marks the company's
commitment to delivering fundamentally superior technology for its
clients who must create meaning out of an explosion of data and an
ocean of interrelated customer events. The company was born from
providing real-time analytics for the Web, but as vital as the Web
is, it is only one of many channels of customer interaction. Also
vital are the contact center, the evolving retail point-of-sale,
and other channels of customer and company activity data that
require real-time analytics. "We remain committed to Web and
Internet channel analytics and are expanding our application
footprint. Our clients have made it clear they wish to use our
real-time analytics capabilities to better understand all of the
customer interaction data in their enterprises. The Web is one of
the most important, but not the only, channel of this interaction,"
said Jim MacIntyre, chief executive officer of Visual Sciences.
"Our clients ultimately need a comprehensive view of their
customers, not only the slice that comes from the Web. Our choice
of Visual Sciences as our one name going forward signifies our
commitment to helping our clients profit from the explosion of
customer data that they face, regardless of the channel that it
comes from. We chose Visual, because humans are visual creatures
and complex data is best communicated and understood in rich,
interactive and graphic ways; and Sciences because the scientific
method of hypothesis, testing and measurement is the only proven
method of ongoing performance optimization." Visual Sciences offers
a comprehensive portfolio of real-time analytics applications: *
Web and Internet Channel Analytics. The analysis and optimization
of digital marketing programs and Web sites is where Visual
Sciences started and where it continues to provide its clients,
regardless of their level of analytics experience, with the right
application for understanding and optimizing the performance of
those marketing programs and Web sites. Visual Sciences provides
HBX(TM) Analytics, which delivers the fundamental and standard
reporting and analysis capabilities that most organizations need to
optimize their digital marketing programs, as well as Visual
Site(R), the uncompromising choice for Internet channel teams that
need integrated real-time analysis and optimization of their
on-line and related offline initiatives. * Contact Center
Analytics. In 2005, Visual Sciences began expanding across other
customer facing channels with the release of Visual Call(R) and
Visual Mail(TM), the first-of-a-kind contact center analytics
applications that provide integrated reporting, analysis and
optimization solutions for interactive voice response (IVR),
electronic mail-based customer support and other contact center
systems and services. Visual Call and Visual Mail deliver the
intelligence companies need to understand customer behavior and
optimize customer experience with self-service voice and messaging
systems. * Customer Analytics. Visual Sciences' Technology Platform
5(TM) provides the industry's most powerful real-time customer
analytics platform. Platform 5's unique real-time analytics engine
delivers the ad-hoc customer segmentation and metrics analysis
capabilities not possible with the most expensive data warehouse
and business intelligence solutions. Platform 5's speed and
flexibility deliver answers to the hard questions that traditional
business intelligence solutions cannot address quickly or
cost-effectively. * Tailored Analytics Applications. The Visual
Sciences' Technology Platform that the real-time analytics
applications are built on is used by global corporations and the
intelligence community to rapidly field powerful real-time
analytics solutions. Organizations have deployed solutions based on
Platform 5 to analyze credit card transactions, kiosk customer
activity, DNS system data, wire transactions, level 2-7 network
activity data, survey data, and many other types of high volume
customer and system event data. * Analytics-Driven Applications.
Visual Sciences has invested significantly in the development of
analytics-driven applications. Its award winning Search application
provides Web site search capabilities; its Publish application
manages the publication of content on the Internet; and its Bid
application manages the search term bidding process. Each of these
applications take input from Visual Sciences' analytics products to
optimize their performance. In separate announcements, the company
today unveiled a new version of its real-time analytics
applications technology platform (see press release, "Visual
Sciences' Technology Platform 5 Unveiled") and a new release of its
award-winning HBX Analytics (see press release, "Visual Sciences
Unveils HBX Analytics 4.0"). These flagship products leverage the
expertise and best-of-breed technologies from Visual Sciences to
fully support customers as their analytics needs evolve with
complexity and experience. About Visual Sciences Founded in 1996,
Visual Sciences, Inc. (formerly known as WebSideStory, Inc.)
(NASDAQ:WSSI) is a leading provider of real-time analytics
applications. The company's analytics applications, based on its
patent pending on-demand service and software platform, enable fast
and detailed analytics on large volumes of streaming and stored
data. More than 1,570 enterprises worldwide rely on the answers
delivered by these applications to provide them with actionable
intelligence to optimize their business operations. The company
provides real-time analytics applications for Web sites, contact
centers, retail points-of-sale, messaging systems and the
intelligence community. Visual Sciences flexible technology
platform, Visual Sciences Technology Platform 5(TM), allows the
company to rapidly introduce tailored solutions to meet its
clients' needs. Visual Sciences is headquartered in San Diego,
Calif., and has East Coast offices in Herndon, Virginia and
European headquarters in Amsterdam, The Netherlands. For more
information, contact Visual Sciences. Voice: 858.546.0040. Fax:
858.546.0480. Address: 10182 Telesis Court, 6th Floor, San Diego,
CA 92121. Web site: http://www.visualsciences.com/. Visual Sciences
is a registered trademark of Visual Sciences, 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 Visual Sciences 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 Visual Sciences'
business, including, without limitation: Visual Sciences' reliance
on its Web analytics services for the majority of its revenue;
blocking or erasing of cookies or limitations on the company's
ability to use cookies; Visual Sciences' limited experience with
customer intelligence applications beyond Web analytics; the risks
associated with integrating the operations and products of acquired
companies with those of Visual Sciences; privacy concerns and laws
or other domestic or foreign regulations that may subject Visual
Sciences to litigation or limit the company's ability to collect
and use Internet user information; Visual Sciences' ability to
defend itself against claims of patent infringement alleged by
NetRatings, Inc.; Visual Sciences' 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 the company operates that could make
it difficult for Visual Sciences to acquire and retain customers;
the risk that Visual Sciences' customers fail to renew their
agreements; the risks associated with the company's indebtedness,
including the risk of non- compliance with the covenants in the
company's credit facility; the risk that Visual Sciences' services
may become obsolete in a market with rapidly changing technology
and industry standards; the risks associated with renaming the
company and undertaking related branding activities; and other
risks described in Visual Sciences' Securities and Exchange
Commission filings, including the company's annual report on Form
10-K for the year ended December 31, 2006 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 Visual Sciences 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: Liya Sharif, , or Patty Ladegaard, ,
both of Townsend Inc., +1-858-457-4888, for Visual Sciences Web
site: http://www.visualsciences.com/ Web site:
http://www.websidestory.com/
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