LivePerson Named One of the Fastest Growing Companies in North America on Deloitte's 2011 Technology Fast 500™

NEW YORK, Oct. 19, 2011 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN) today announced it was named among Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. LivePerson's revenue grew 228% from fiscal 2006 to 2010.  

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"We are thrilled to be ranked among Deloitte's Fastest Growing Technology companies in North America," said CEO of LivePerson, Rob LoCascio. "We attribute our continued growth to the consistent value we deliver to online businesses, as well as our team's dedication to excellence in service and innovation."

"LivePerson, like all 2011 Technology Fast 500companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most a challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP.

"We are pleased to honor LivePerson as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, LivePerson has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."

LivePerson's intelligent engagement platform enables businesses to create meaningful, real-time consumer connections that help increase conversions and improve the customer experience across multiple channels and screens. The success of LivePerson's intelligent engagement platform is powered by advanced analytics and a broad set of behavioral data.

LivePerson is ranked 356th in this year's Technology Fast 500and was on the previous year's list as well.

About LivePerson

LivePerson, Inc. (NASDAQ: LPSN) offers a 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 analytics, 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.

About Deloitte's 2011 Technology Fast 500

Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies –

both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

SOURCE LivePerson, Inc.