(Source: Business Wire)

RightNow
(NASDAQ:RNOW) today announced that it has completed its acquisition of
HiveLive, Inc., an enterprise-class social platform provider, under a
definitive agreement previously announced
on September 8, 2009.
The acquisition combines RightNow's
on demand customer relationship management (CRM) solution with
HiveLive's innovative platform for customer support, engagement and
loyalty, and ideation communities to help organizations maximize every
opportunity to deliver great customer experiences.
RightNow believes that by adding the HiveLive platform, RightNow will
deliver the broadest social CRM solution in the marketplace and meet
customer experience needs of consumer-focused organizations, with market-leading
e-service capabilities, a robust contact
center solution, and now an innovative
social platform.
The HiveLive platform is available immediately and will be tightly
integrated into RightNow November 09. A demonstration of HiveLive will
be featured at the upcoming RightNow
Summits in Colorado Springs, Colo.; Gold Coast, Australia; and
Brighton, United Kingdom.
Support for RightNow's Acquisition of HiveLive
"RightNow is again ahead of the Web 2.0 curve for customer service and
CRM vendors¦ RightNow has set a standard for end-to-end channel support
including communities."
John Ragsdale
vice president of technology research for Service Support
Professionals Association (SSPA) and Ragsdale's
Eye on Service' blogger
"[This is] a smart idea¦ [it] shows RightNow is moving to higher-quality
customer interactions. By getting social media, RightNow has the
opportunity to delve deeper into customer needs and attitudes which will
help improve their customers' service products."
Denis Pombriant
founder and managing principal at Beagle Research Group, as
quoted in CRM Magazine
"By pulling HiveLive into the CRM process, RightNow is giving real
meaning and promising two way value to the notion of socializing CRM."
Dennis Howlett
ZDNet
blogger
About RightNow
RightNow (NASDAQ: RNOW) delivers on demand CRM solutions that help
consumer-centric organizations deliver great customer experiences.
Approximately 1,900 corporations and government agencies worldwide
depend on RightNow to better meet the needs of those they serve.
RightNow is headquartered in Bozeman, Montana. For more information,
please visit RightNow
Technologies.
RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ
is a registered trademark of the NASDAQ Stock Market.
Safe Harbor Statement Under the Private Securities Litigation Reform
Act of 1995
This press release may contain forward-looking statements. These
forward-looking statements are not guarantees of future results and are
subject to risks, uncertainties and assumptions that could cause our
actual results to differ materially and adversely from those expressed
in any forward-looking statement. The risks and uncertainties referred
to include, but are not limited to the risks associated with purchasing
HiveLive, including our ability to retain and motivate HiveLive's
employees, our ability to integrate and market HiveLive's solutions to
new customers, our ability to retain HiveLive's existing customers, the
speed, quality and cost of the our efforts to integrate HiveLive's
solutions with the our solution set, the security and reliability of
HiveLive's service, and the risks associated with forecasting impact on
combined financial results. Further information on potential factors
that could affect our financial results is included in our Annual Report
on Form 10-K, quarterly reports of Form 10-Q and current reports on Form
8-K filed with the Securities and Exchange Commission. The
forward-looking statements in this release speak only as of the date
they are made. We undertake no obligation to revise or update publicly
any forward-looking statement for any reason.
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