SOURCE: Brainshark

March 04, 2008 09:29 ET

Brainshark Continues Strong Growth in 2007

On-Demand Presentation Solution Addresses Growing Need for High Impact Business Communications

WALTHAM, MA--(Marketwire - March 4, 2008) -


-- Brainshark, the leader in on-demand presentations, today announced the company achieved strong growth in 2007.

-- Fueled by the growing demand for high impact business communications, Brainshark signed 254 new customers such as Verisign, Unisys, CI Investments, and Pacific Life.

-- The company also expanded relationships with hundreds of existing customers such as Liberty Mutual and Monster.

Significant Product Enhancements:

-- Brainshark introduced 52 new product enhancements incorporated into key releases including:

-- Brainshark Presentations Version 16: The flagship product now includes enhanced survey, reporting and viewer tracking capabilities as well as foreign language support.

-- Viewer Clickpath Tracking Module: Provides customers with advanced tracking capabilities to understand how communications are received.

-- Rapid Learning: E-learning module empowers training professionals with new curriculum management and the ability to create online presentation Wizards to standardize content creation.

Customer viewing facts:

-- Over the course of the year, Brainshark saw a dramatic increase in on-demand presentations both created and viewed:

-- More than 6.1 million minutes of content was viewed per month by Brainshark customers and their audiences

-- 63,662 new presentations were created

-- 1/3 of viewing activity takes place after hours or on weekends

-- Activity on major holidays revealed continuous consumption of on-demand content, with nearly 4,000 presentation views per day

Multimedia and Industry Resources

-- Click here to view Joe Gustafson's 2008 Message to Customers and see a Brainshark presentation in action.

Quotes

Attributed to Joe Gustafson CEO of Brainshark

-- "In today's competitive and uncertain economic climate, organizations are focused on driving efficiencies while reducing costs across the business. Frequently, when companies insist on driving such significant change, the benefits aren't able to be realized until it's too late. With Brainshark our customers are rapidly making an impact on performance by empowering businesspeople with a means to increase the results of what they are already doing today to better meet their goals."

-- "Our products and services are designed to address the challenges of communicating in a time-sensitive and cost-sensitive business environment. Our customers can quickly turn typical business communication processes into high-impact, high return activities that support evolving business objectives."

About Brainshark

Brainshark is the leader in on-demand presentations, transforming static business content into high impact communications with the people who most influence your business. Delivered via Software-as-a-Service (SaaS) Brainshark lets audiences access and engage with business content when and how they want. More than 600 companies -- including a third of the Fortune 100 -- rely on Brainshark software and services to help sales, marketing, training and HR experts cost-effectively deliver measurable results to their organizations. For more information, visit www.brainshark.com.

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