LiveWorld Announces 2012 Milestone Achievements

Updated

LiveWorld Announces 2012 Milestone Achievements

59% revenue growth, increased profits, mass social scale, and team expansion are among milestones defining growth year for global user content management company in social media.

SAN JOSE, Calif. & NEW YORK--(BUSINESS WIRE)-- LiveWorld (OTC Pink Sheets: LVWD.PK), a user content management company providing technology and services to assist Fortune 500 brands to scale social media, today announced an exceptional growth year marked with a number of high-level accomplishments in 2012.


Among the most notable LiveWorld milestones for the company this year:

Revenue Growth: With revenues on the rise, the Company experienced a 59% revenue growth for the third quarter, and for the nine months ended September 30, while delivering significant profits.

Clients: The company grew its management of user content to over 4,000 pages and sites across 100+ brands for dozens of clients, including the #1 companies in each of retail, CPG, pharmaceuticals, microprocessor technology, and ecommerce marketplace.

Mass scale: LiveWorld is now annually processing over 12 million pieces of user content across social channels for moderation, insight, and engagement.

Technology Development: The Company launched a new version of its User Content Management System (UCMS) including APIs to further enable brands to integrate the platform across applications, systems, and a range of social networks.

Team Expansion: Among its new hires, the Company strengthened its team with new Vice President of MarketingVirginie Glaenzer. Additionally, new Directors of Strategy and Social Content Programing Dawn Lacallade and Ryan Morris, and Sales Directors, Keith Weingold, Sonny Johns, Tracy Frank, and Patti Sellman joined the company.

Recognition: The company thought leadership has been seen in a number of influencers' sites with Jeremy Owyang's Breakdown: A Strategy for Engaging Passion Communities, and Huffington Post article entitled, "A Different View: Why Facebook is Worth More & Wall Street Is Wrong." In his Huffington Post article, LiveWorld CEO Peter Friedman explains how Facebook is an ecosystem for brand building, where a strong usage pattern and business model is redefining marketing opportunities for brands. Facebook accepted LiveWorld into its Preferred Marketing Developer Program for Pages. LiveWorld was recognized in the social media space when Simply Zesty named the company one of the top ten social media agencies in the world.

"These significant accomplishments reflect our growth and industry recognition, further confirming our business strategy of revolutionizing customer engagement with innovative and proprietary technology, leading edge services, and deep integration with our clients' marketing and customer support teams," said Peter Friedman, CEO of LiveWorld. "As we head into 2013, we will continue to build on our foundation value for clients; protecting brands with moderation, actionable insight to understand what customers actually think and what to do about it, and engagement for marketing, service and support."

For more information on LiveWorld, including a listing of clients, product and service offerings, visit www.liveworld.com.

AboutLiveWorld

LiveWorld, a user content management company, is a trusted partner to the world's largest brands, including the number-one companies in retail, CPG, pharmaceutical, and financial/travel services. We revolutionize the management of user content through innovative proprietary technology, leading edge services, and deep integration with client marketing and customer support teams. Scaling human review of user content and human touch points, LiveWorld removes obstacles that brands face, allowing them to engage more deeply in social media. In an innovative approach that encompasses review, management, and analysis of user content, LiveWorld provides 24/7 brand protection through "always on" moderation and engagement across social channels, applications, and sites. The LiveWorld solution offers a competitive advantage through management of user content in sheer volume, resulting in amplified brand presence, and proven to improve social media marketing and increase customer loyalty. LiveWorld is headquartered in California, with offices in San Jose, CA and New York City.

For more information, go to www.liveworld.com. Follow us at @LiveWorld.

LiveWorld Contacts:

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LiveWorld
David Houston, 408-615-8496 (IR)
dhouston@liveworld.com
or
TallGrass PR
Erica Rutan, 908-684-4332 (PR)
erica.rutan@tallgrasspr.com

KEYWORDS: United States North America California New York

INDUSTRY KEYWORDS:

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