ServiceSource Recognized by Top Analyst Firm as a Leading SaaS

ServiceSource Recognized by Top Analyst Firm as a Leading SaaS
Company 
Montclair Advisors' 2012 Global SaaS Top 250 Is Latest Honor in a
Year of Market Validation for ServiceSource 
SAN FRANCISCO, CA -- (Marketwire) -- 12/04/12 --  ServiceSource(R)
(NASDAQ: SREV), the global leader in recurring revenue management,
today announced it was named to Montclair Advisors' 2012 Global SaaS
Top 250 company list. The announcement is the latest in a string of
awards for ServiceSource in 2012 that includes Deloitte's Technology
Fast 500(TM), Software Magazine's Software 500 and the Frost &
Sullivan Excellence in Growth Awards. ServiceSource credits the
momentum in industry recognition to strong customer interest for its
cloud application solution.  
Adobe, Juniper Networks, Pitney Bowes Software, Red Hat and VMware
are among a growing list of industry leaders that use ServiceSource
software and managed services to increase customer retention, deepen
installed base intelligence and drive higher recurring revenues. Of
the technology-based companies on the Fortune 100, seven of the top
eight rely on ServiceSource. 
"There is undeniable momentum in the industry for ServiceSource as a
leading technology company," said Mike Smerklo, Chairman of the Board
and CEO, ServiceSource. "We've established ourselves as a key player
in the rapidly growing ecosystem of SaaS companies that work together
to offer customers greater insight, control and value." 
Advancing its technology platform, ServiceSource recently launched
Renew OnDemand, the first cloud application purpose-built to maximize
recurring revenue. Renew OnDemand includes all of the tools, insights
and best practices needed to maximize the renewal of subscriptions,
maintenance and support contracts.  
Following its debut in 2010, Montclair Advisors SaaS Top 250 list has
provided a comprehensive view of the leading companies of all sizes
that make up today's dynamic cloud-based software market. The list
has increased in popularity among software executives, investors and
analysts.  
"We are pleased to have named ServiceSource to the SaaS Top 250
List," said Kevin Dobbs, Managing Partner at Montclair Advisors. "The
growth of the SaaS business at ServiceSource over the past few years
has truly been impressive, demonstrating a c
lear need in the market
for innovative ways to maximize the recurring revenue that is
critical to the growth of any business." 
About Montclair Advisors 
Montclair Advisors provides customized Software-as-a-Service advisory
services designed to help SaaS-based and non-SaaS-based software
companies optimize their business models, improve revenues, control
costs and deliver world-class software. Montclair develops the
leading report on the top 250 SaaS companies globally and provides
strategic expertise trusted by industry leaders. The firm offers
valuable perspectives and a focused set of SaaS-related service
solutions including strategy, revenue, and products. The result
allows software companies to improve competitiveness, revenue
performance and profitability. For more information, visit Montclair
Advisors at http://www.montclairadvisors.com and follow our Smart
SaaS blog at http://www.montclairadvisors.com/blog 
About ServiceSource 
ServiceSource is the global leader in recurring revenue management.
The world's most successful companies rely on us to maximize
subscription, maintenance and support revenue, improve customer
retention and increase business predictability and insight.
ServiceSource delivers results with Renew OnDemand, the world's only
cloud application built specifically to manage and grow recurring
revenue, which can be combined with our industry-leading services and
unique pay-for-performance model. 
With over a decade of experience focused exclusively in growing
recurring revenue, our services and applications are based on proven
best practices and global benchmarks. The company is headquartered in
San Francisco, and has over $7 billion under management for customers
in more than 150 countries and 40 languages. 
ServiceSource, Renew OnDemand and any ServiceSource product or
service names or logos above are trademarks of ServiceSource
International, Inc. All other trademarks used herein belong to their
respective owners. 
For more information on ServiceSource, visit
http://www.servicesource.com. To connect with ServiceSource, visit us
on Twitter, Facebook, LinkedIn and YouTube. 
For more information on ServiceSource, visit
http://www.servicesource.com. To connect with ServiceSource, visit us
on Twitter, Facebook, LinkedIn and YouTube. 
Forward-Looking Statements
 This press release contains
forward-looking statements, including statements regarding our Renew
OnDemand Cloud platform and application, its capabilities, its
overall benefits to customers, market demand for the offering, and
its ease of integration with other third-party applications that our
customers use. These forward-looking statements are based on the
Company's current assumptions and beliefs, and involve risks and
uncertainties that could cause our results to differ materially from
those expressed or implied in our forward-looking statements. Those
risks and uncertainties include, without limitation, the risk of
material defects or errors in the Company's software offerings; the
ability to integrate Renew OnDemand with other third-party
applications used by our customers; our ability to protect our
intellectual property rights; the risk of claims that our offerings
infringe the intellectual property rights of others; changes in
market conditions that impact our ability to sell the Renew OnDemand
solution and/or generate service revenue on our customers' behalf;
errors in estimates as to the renewal rate improvements and/or
service revenue we can generate for our customers; demand for our
offering that falls short of expectations; our ability to adapt our
solution to changes in the market or new competition; general
political, economic and market conditions and events; and other risks
and uncertainties described more fully in our periodic reports and
registration statements filed with the Securities and Exchange
Commission, which can be obtained online at the Commission's website
at http://www.sec.gov. All forward-looking statements in this press
release are based on information currently available to us, and we
assume no obligation to update these forward-looking statements. 
Media Contact for ServiceSource:
Alex Plant
415-901-1164 
aplant@servicesource.com 
 
 
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