SOURCE: LiveOps

May 02, 2007 12:00 ET

LiveOps Named a Winner of "Red Herring 100" 2007 Award

Award Recognizes 100 "Most Promising" Companies Driving the Future of Technology

PALO ALTO, CA -- (MARKET WIRE) -- May 2, 2007 -- LiveOps, the leader in distributed contact center technologies and services, today announced the company has been named a recipient of Red Herring 100, an award given to the top 100 private technology companies based in North America as judged by the editors of Red Herring Magazine.

"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "With venture capital flowing again, it's exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."

Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

"We're honored to be chosen from more than 800 companies and recognized with such a prestigious award," said LiveOps CEO Maynard Webb. "Red Herring has consistently covered companies that are transforming how we live, and LiveOps is doing just that. LiveOps' innovative technology enables the distribution of work while giving companies a higher quality, lower cost alternative to traditional contact centers."

LiveOps has over 150 customers, ranging from brand-name direct marketers to Fortune 500 companies, and has worked with the Red Cross to reconnect families in the aftermath of Hurricane Katrina. The company has seen 400% growth in the number of its home agents since 2004. LiveOps currently contracts with over 10,000 home agents across the country and expects that number to increase by 50% to 15,000 by the end of 2007.

Red Herring's editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Spring companies, Red Herring has invited each one to present his or her company at its Red Herring Spring 2007 event, May 1-3, at the Hyatt Regency in Monterey. As the venue for the unveiling of the Top 100 private companies in North America, Red Herring Spring draws unparalleled attention from decision makers and industry observers across the continent. This year marks the 10th anniversary of the Red Herring 100 Awards. To celebrate this occasion, Red Herring 100 winners will share their successes and insights on how to make it to the top.

About LiveOps

LiveOps, Inc., the leader in distributed contact center technology and services, enables its more than 150 customers to deliver a high performance call center and high quality customer contact in the most cost-effective means possible. The company's hosted call center platform instantly provides an enterprise-scale distributed call center infrastructure, while its network of over 10,000 experienced agents can quickly represent companies in an effective and professional manner. LiveOps' solutions allow for greater flexibility, quality, scalability, control and cost savings than traditional contact centers and contact center technology providers. LiveOps is headquartered in Palo Alto, California. www.liveops.com.

About Red Herring

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

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