LivePerson Named One of Fortune Magazine's 100 Fastest-Growing Companies
NEW YORK, Sept. 28, 2011 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN) has been named among Fortune Magazine's annual list of the 100 Fastest-Growing Companies, a group that Fortune dubs the "world's supercharged performers."
"We're proud to be recognized for the considerable growth LivePerson has achieved," said Rob LoCascio, CEO of LivePerson. "We believe our consistent growth has been fueled by our mission and the value we deliver to businesses through our platform. We are committed to providing the best real-time engagement technology to online businesses so they can meaningfully connect with their customers and foster greater brand loyalty."
LivePerson's platform enables businesses to create meaningful, real-time customer connections that help increase conversions and improve the consumer experience. Through LivePerson's platform, businesses are able to proactively engage their customers through chat, voice, and content delivery, across multiple channels and screens including websites, social media, and mobile devices. This intelligent engagement is powered by advanced analytics and a broad set of behavioral data that enables a real-time understanding and action based on customer needs and business objectives.
LivePerson has been ranked 44th among Fortune's Top 100 Fastest-Growing Companies in 2011 based on several metrics including revenue and earnings growth rates.
"Our philosophy has resonated well in the marketplace, and has delivered consistent revenue growth since 2000," Rob LoCascio continued. "We continue to build on our value proposition by broadening our platform for intelligent online engagement and delivering even more innovative solutions to our customers."
To learn more about Fortune's Top 100 Fastest-Growing Companies, please visit: http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2011/full_list
LivePerson, Inc. (NASDAQ: LPSN) offers an intelligent engagement platform that enables businesses to proactively connect in real-time with their customers via chat, voice, and content delivery at the right time, through the right channel, including websites, social media, mobile devices, and consoles. This "intelligent engagement" is driven by real-time behavioral data, producing connections based on a true understanding of business objectives and customer needs.
More than 8,500 companies rely on LivePerson's platform to increase conversions and improve customer experience, including Hewlett-Packard, IBM, Microsoft, Verizon, Sky, Walt Disney, PNC, QVC and Orbitz.
LivePerson has received the CODiE award for Best Ecommerce Solution in 2011, and has been named one of America's 25 Fastest-Growing Tech Companies by Forbes in 2011, and a Company of the Year by Frost and Sullivan in 2010. LivePerson is headquartered in New York City with offices in San Francisco, Tel Aviv, Atlanta, London and Melbourne, Australia.
Safe Harbor Provision
Statements in this press release regarding LivePerson that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Any such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. It is routine for our internal projections and expectations to change as the quarter and year progresses, and therefore it should be clearly understood that the internal projections and beliefs upon which we base our expectations may change. Although these expectations may change, we are under no obligation to inform you if they do. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: potential fluctuations in our quarterly and annual results; the adverse effect that the global recession may have on our business; competition in the real-time sales, marketing, customer service and online engagement solutions market; our ability to retain existing clients and attract new clients; risks related to new regulatory or other legal requirements that could materially impact our business; impairments to goodwill that result in significant charges to earnings; volatility of the value of certain currencies in relation to the US dollar, particularly the New Israeli Shekel, U.K. pound and Euro; risks related to our international operations, particularly our operations in Israel, and the civil and political unrest in that region; responding to rapid technological change and changing client preferences; our ability to retain key personnel and attract new personnel; risks related to the operational integration of acquisitions; technology systems beyond our control and technology-related defects that could disrupt the LivePerson services; privacy concerns relating to the Internet that could result in new legislation or negative public perception; risks related to the regulation or possible misappropriation of personal information; legal liability and/or negative publicity for the services provided to consumers via our technology platforms; risks related to protecting our intellectual property rights or potential infringement of the intellectual property rights of third parties; and risks related to our common stock being traded on more than one market, which may result in additional variations in the trading price of our common stock. This list is intended to identify only certain of the principal factors that could cause actual results to differ from those discussed in the forward-looking statements. Readers are referred to the reports and documents filed from time to time by us with the Securities and Exchange Commission for a discussion of these and other important risk factors that could cause actual results to differ from those discussed in forward-looking statements.
SOURCE LivePerson, Inc.