Lithium Technologies Named to JMP Securities' Hot 100
SAN FRANCISCO – May 12, 2009 – Lithium Technologies, the leading provider of on-demand customer community solutions for the enterprise, today announced the selection of the company in JMP Securities' report "Hot 100: The Best Privately Held Software Companies." Lithium was one of just two companies selected in the competitive category of Social Media/Community. JMP's Hot 100 report is an annual analysis and ranking of the leading private companies in the software industry.
"We're honored to be selected by JMP as a leading private company in social media/community and are proud of our strong revenue growth, customer service, and aggressive expansion over the past year," said Lyle Fong, CEO of Lithium Technologies. "Lithium not only powers the most vibrant customer communities on the web, we provide unique solutions that ensure companies are obtaining identifiable business benefits and value in the areas of customer service, marketing, customer experience, and idea innovation."
With over 10 years in the industry, Lithium has been perfecting the customer community experience for leading brands like AT&T, Best Buy, Sony and over 120 others. Communities deployed on Lithium platforms are successful due to Lithium's unique reputation management system and its deep industry expertise. Lithium empowers companies to find their advocates, engage them in discussions, and drive insightful recommendations to foster a lifecycle of customer feedback, peer-to-peer support, and brand loyalty. This approach drives powerful ROI for customers in the form of more effective marketing and sales, accelerated innovation, and increased customer satisfaction.
In January 2009, Lithium announced that the company experienced 100% percent growth in new monthly recurring revenue from 2007 to 2008 as a result of its continued penetration into the Fortune 1000. Lithium currently has over 115 employees and plans to add another 30 to 40 this year to keep up with demand.
About Lithium Technologies
Lithium is the leading provider of customer-centric social networking solutions for the enterprise. Working with market leaders such as Best Buy, Sony, AT&T, Research In Motion Limited (RIM), Univision, and PayPal, Lithium delivers online customer communities that work. Lithium solutions inspire customers to share knowledge, connect with each other, and connect with the enterprise, thus providing a unique method for companies to identify, engage, and understand customers. As a result, businesses measurably improve their marketing and sales, accelerate innovation, and increase customer satisfaction. Lithium's platform is proven in high-volume, growth environments and provides the security, analytics, APIs, and multi-language support that enterprises demand. Founded in 2001, Lithium is privately held with headquarters in Emeryville, California. For more information, visit www.lithium.com.
Lithium Media Contacts:
Michael Paige, Corporate Headquarters & Global, email@example.com , +1 (510) 318 7014
Sandra Teuber, Central & Southern Europe, firstname.lastname@example.org , +41 (79) 223 7356
Prelini Chiechi, UK & Northern Europe, email@example.com, +44 (7826) 912788
Imogen Riley, APAC & Australia, firstname.lastname@example.org, +61 413 274 210