ClickSoftware Announces 2014 Annual General Meeting of Shareholders to be Held
on June 19, 2014
BURLINGTON, Massachusetts, May 7, 2014
BURLINGTON, Massachusetts, May 7, 2014 /PRNewswire/ --
ClickSoftware Technologies Ltd. (NasdaqGS: CKSW) (the "Company") the leading
provider of automated mobile workforce management and optimization solutions
for the service industry, announced that its 2014 Annual General Meeting of
shareholders (the "AGM") will be held on June 19, 2014, at 4:00 p.m. Israel
time, at the offices of the Company at Azorim Park, Oren Building, 94
Em-Hamoshavot Road, Petach Tikva, Israel.
Shareholders of record at the close of business on May 12, 2014 are entitled
to attend the AGM and vote their shares.
A Proxy Statement describing the various matters to be voted upon at the AGM,
along with a Proxy Card enabling shareholders to indicate their vote on each
matter, will be mailed on or about May 15, 2014 to all shareholders entitled
to vote at the AGM. On May 7, 2014, such Proxy Statement and Proxy Card were
furnished to the U.S. Securities and Exchange Commission under cover of a Form
6-K and are available on the Company's website at http://ir.clicksoftware.com
(the content of which is not part of this press release).
In addition, the Company's Annual Report for the year ended December 31, 2013,
including a letter to the shareholders from Dr. Moshe BenBassat, the Company's
Founder and CEO, is available for download on the Company's website at
In his letter to the shareholders, Dr. BenBassat describes 2013 as a
transformative year for ClickSoftware, commenting that, "Macro market trends
within the software industry drove a growing interest for cloud-based
solutions, including from large enterprises. Our ability to offer a best of
breed solution both on premise and in the cloud is a key competitive advantage
for ClickSoftware." Dr. BenBassat goes on to discuss ClickSoftware's
acquisition of Xora in early 2014 that will "extend ClickSoftware's market
reach into the SMB (Small and Medium Businesses) market, and opens up
distribution channels through leading wireless carriers." He continues: "So
the story of ClickSoftware is much bigger than it was. Today ClickSoftware has
the largest and richest variety of products and apps to cover the end-to-end
needs of service providers of all sizes - from 5 employees to 50,000. Apps can
be purchased alone as point solutions for well-focused business needs, or in
bundles for bigger needs or larger overall transformation projects. This gives
us more flexibility in penetrating new customers."
"ClickSoftware was and is today the premium choice for companies looking to
delight their customers and achieve operational excellence. The velocity with
which we are winning cloud customers clearly proves that ClickSoftware is
executing very well the transition of large companies to cloud-based
solutions," Dr. BenBassat summarizes.
ClickSoftware (NasdaqGS: CKSW) is the leading provider of automated mobile
workforce management and service optimization solutions for the enterprise,
both for mobile and in-house resources. As pioneers of the "Service chain
optimization" and "The real-time service enterprise" concepts, our solutions
provide organizations with end-to-end visibility and control of the entire
service management chain by optimizing forecasting, planning, shift and task
scheduling, mobility and real-time management of resource and customer
Available via the cloud or on-premise, our products incorporate best business
practices and advanced decision-making algorithms to manage service operations
more efficiently, in a scalable, integrated manner. Our solutions have become
the backbone for many leading organizations worldwide by addressing the
fundamental question of job fulfillment: Who does What, for Whom, With what,
Where and When.
ClickSoftware is the premier choice for delivering superb business performance
to service sector organizations of all sizes. The Company is headquartered in
the United States and Israel, with offices across Europe, and Asia Pacific.
For more information, please visit http://www.clicksoftware.com, and follow us
on Twitter, the content of which is not incorporated herein by reference.
To download ClickSoftware's investor relations app, which offers access to SEC
documents, press releases, videos, audiocasts and more, the content of which
is not incorporated herein by reference, please visit Apple's App Store to
download on your iPhone and iPad, or Google Play for your Android mobile
Safe Harbor for Forward Looking Statements
This press release contains express or implied forward-looking statements
within the Private Securities Litigation Reform Act of 1995 and other U.S
Federal securities laws. These forward-looking statements include, but are not
limited to, those statements regarding ClickSoftware's growth, leadership
position in our market for cloud solutions, market reach in the small and
medium business market, expansion of distribution channels and the transition
of large companies to cloud-based solutions. For example, when ClickSoftware
discusses anticipated benefits from products it introduced or its future
expansion into new markets, ClickSoftware is using forward-looking statements.
Such "forward-looking statements" involve known and unknown risks,
uncertainties and other factors that may cause actual results or performance
to differ materially from those projected. Achievement of these results by
ClickSoftware may be affected by many factors, including, but not limited to,
risks and uncertainties regarding the length of or changes in ClickSoftware's
sales cycle, ClickSoftware's ability to close sales to potential customers in
a timely manner and maintain or strengthen relationships with strategic
partners,market acceptance of ClickSoftware's products, economic conditions
that may affect information technology spending and otherwise affect demand
for ClickSoftware's products, the impact of competitive pricing and
competitive products, risks relating to product development,the timing of
revenue recognition, foreign currency exchange rate fluctuations, and
ClickSoftware's ability to maintain or increase its sales pipeline. The
forward-looking statements contained in the enclosed letter are subject to
other risks and uncertainties, including those discussed in the "Risk Factors"
section and elsewhere in ClickSoftware's annual report on Form 20-F for the
year ended December 31, 2013 and in subsequent filings with the Securities and
Exchange Commission. Except as otherwise required by law, ClickSoftware is
under no obligation to (and expressly disclaims any such obligation to) update
or alter its forward-looking statements whether as a result of new
information, future events or otherwise.
Investor Relations Contact:
KCSA Strategic Communications
SOURCE ClickSoftware Technologies Ltd
Press spacebar to pause and continue. Press esc to stop.