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ServiceSource Announces 10th Annual Recurring Revenue Summit

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ServiceSource(R) (NASDAQ:SREV) , the global leader in recurring revenue and customer success management, today announced its 2014 Recurring Revenue Summit, November 17-18 taking place at the Solage Calistoga Resort in Napa Valley, California. Now in its tenth year, the Recurring Revenue Summit is a 2-day invitation-only event dedicated to the topic of recurring revenue, where leaders from renewal and subscription-based businesses will address key topics that drive growth and profitability for their companies.

This year’s theme, Monetizing Customer Value, will focus on strategies to retain, advance and grow long-term relationships with customers and partners. The Summit will also highlight the operational challenges facing companies as they manage a hybrid portfolio of Cloud and on-premise offerings.

At the Summit, attendees will learn, connect and share valuable insights with other leaders in sales, customer success and services management. The event will feature panel discussions, networking events, and keynotes from industry luminaries on topics such as building effective teams, the challenges migrating from traditional term-based or perpetual to subscription revenue models, and transforming renewals into a strategic milestone within the customer lifecycle.

“Recurring revenue is a key lever for sustained, profitable growth in every company,” said Ashley Johnson, Acting CEO at ServiceSource. “We are excited to bring this group of thought leaders together who will share best practices on how they are leveraging installed base analytics to drive new levels of customer engagement and maximize their recurring revenue streams.”

For more information about this invitation-only event for senior executives, go to www.servicesource.com/events

About ServiceSource

ServiceSource International, Inc. (NASDAQ:SREV) is the global leader in recurring revenue and customer success management. B2B companies use ServiceSource to drive growth and build long-standing relationships across the customer lifecycle. Through its software and services, ServiceSource delivers higher subscription, maintenance and support revenue, and improved customer retention. Headquartered in San Francisco, ServiceSource(R) manages over $14.5 billion in revenue for the world’s largest and most respected technology, industrial, healthcare and life sciences, and media and information companies. For more information, go to www.servicesource.com.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the benefits of ServiceSource offerings, including our cloud platform and applications and, as applicable, our managed services offerings. These forward-looking statements are based on our 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, fluctuations in our quarterly results of operations; the risk of material defects or errors in our software offerings or their failure to meet customer expectations; migrating customers to Renew OnDemand and other SaaS offerings and the ability to integrate such offerings with other third-party applications used by our customers; errors in estimates as to the renewal rate improvements and/or service revenue we can generate for our customers; our ability to grow the market for service revenue management; 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 or other SaaS solutions and/or generate service revenue on our customers’ behalf; the possibility that our estimates of service revenue opportunity under management and other metrics may prove inaccurate; demand for our offering that falls short of expectations; our ability to keep customer data and other confidential information secure; 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.

Connect with ServiceSource:

http://www.facebook.com/ServiceSource

http://twitter.com/servicesource

http://www.linkedin.com/company/servicesource

http://www.youtube.com/user/ServiceSourceMKTG

Trademarks

ServiceSource, Renew OnDemand, Scout 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.

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