eGain Announces Pricing of Secondary Public Offering of Common Stock

eGain Announces Pricing of Secondary Public Offering of Common Stock 
SUNNYVALE, CA -- (Marketwire) -- 02/13/13 --  eGain Corporation
(NASDAQ: EGAN), a leading provider of cloud customer engagement
solutions, today announced that certain of its stockholders priced an
underwritten public offering for an aggregate of 2,170,000 shares of
common stock at a price to the public of $6.75 per share. Certain of
the selling stockholders have also granted to the underwriters a
30-day option to purchase, at the same price per share as the
underwriters paid for the initial shares, an additional 325,500
shares to cover over-allotments in connection with the offering.
eGain will not receive any proceeds from the sale of common stock by
the selling stockholders.  
The offering is expected to close on February 19, 2013, subject to
customary closing conditions. Needham & Company, LLC is acting as the
sole book-running manager for the offering. Roth Capital Partners,LLC
is acting as co-manager. Loewen Ondaatje McCutcheon USA Limited is
acting as financial advisor in connection with the offering.  
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any of the securities described
herein, nor shall there by any sale of these securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of such state or jurisdiction. The shares described above are
being offered by the selling stockholders pursuant to a registration
statement previously filed with and subsequently declared effective
by the Securities and Exchange Commission. Copies of the prospectus
supplement and accompanying base prospectus relating to this offering
may be obtained, when available, from Needham & Company, LLC, 445
Park Avenue, New York, NY 10022, 800-903-3268. 
About eGain
 eGain is a leading provider of cloud customer engagement
solutions. Trusted by leading brands, eGain solutions help design and
deliver smart, connected customer journeys across social, mobile,
web, and contact centers. Headquartered in Sunnyvale, California,
eGain has operating presence in North America, EMEA, and APAC.  
Note: eGain is a registered trademark, and the other eGain product
and service names appearing in this release are trademarks or service
marks, of eGain. All other trademarks or registered trademarks are
the property of their respective holders. 
Cautionary Note Regarding Forward-Looking Statements
 This press
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding the
public offering and the anticipated closing and timing of the
closing. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including the satisfaction of the conditions to closing of the
offering, market conditions, risks related to our business, and other
risks detailed from time to time in eGain's filings with the
Securities and Exchange Commission, including eGain's Quarterly
Report on Form 10-Q for the quarter ended December 31, 2012. eGain
assumes no obligation to update any forward-looking statements. 
Eric Smit
CFO
Phone: 408-636-4455
Email: iregain@egain.com  
MKR Group Investor Relations 
Charles Messman or Todd Kehrli
Phone: 323-468-2300
Email: egan@mkr-group.com