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Socialtext Listed as an Innovator in Info-Tech Research Group’s Collaboration Platforms Vendor Landscape

Leader in Enterprise Social Collaboration Recognized for Strong Feature Set, Attractive Price Point and Range of Deployment Options

October 3, 2012, Palo Alto, California

Socialtext, a leading provider of enterprise social software, has been listed as an ‘Innovator’ in Info-Tech Research Group’s latest Collaboration Platforms Vendor Landscape report. Assessing vendors by the strength of their offering and their strategy for the enterprise, Info-Tech Research Group Vendor Landscapes pay tribute to the contribution of exceptional vendors in a particular category. Companies positioned as Innovators have demonstrated ground-breaking product strengths that act as their competitive advantage in appealing to niche segments of the market.

“Effective workforce collaboration is critical for organizations of all sizes these days,” said Michael Idinopulos, Chief Customer Office and General Manager of Socialtext. “As collaboration and knowledge management come together to produce social knowledge, it’s generating measureable benefits, which are quantified by increases in employee productivity. Our acknowledgement as an ‘Innovator’ in Info-Tech Research’s latest Collaboration Platforms Vendor Landscape report further validates our position as an industry leader in allowing businesses to get work done in an efficient manner.”

Socialtext was given a value index score of 90 which ranked second out of the eleven vendors listed in this year’s report. The value score indexes each vendor’s product offering and business strength relative to their price point. In the report, Socialtext was commended for its deep social collaboration feature set – including social tagging, activity feeds and advanced expertise search – which make it easy for knowledge workers to network with one another.

“The collaboration landscape is rapidly evolving and companies must continually evaluate currently deployed solutions against the innovative products being served up by major vendors in this space,” said Ben Dickie, Research Analyst, Info-Tech Research Group. “Socialtext’s strong features and attractive price point make it perfect for SMBs needing to boost social collaboration.”

Info-Tech’s Vendor Landscapes are research materials that review a particular IT market space, evaluating the strengths and abilities of both the products available in that space, as well as the vendors of those products. These materials are created by a team of dedicated analysts operating under the direction of a senior subject matter expert over a period of six weeks.

For more information about Socialtext, visit www.socialtext.com, find the company on Facebook at https://www.facebook.com/socialtext or on Twitter at @Socialtext.

About Info-Tech Research Group

With a paid membership of over 25,000 members worldwide, Info-Tech Research Group (www.infotech.com) is the global leader in providing tactical, practical Information Technology research and analysis. Info-Tech Research Group has a fourteen-year history of delivering quality research and is North America's fastest growing full-service IT analyst firm.

About Socialtext

Established in 2002, Socialtext, a Bedford Funding portfolio company, was the first company to deliver social software to businesses. By unlocking knowledge, expertise, ideas and data, Socialtext eliminates information silos across the enterprise to drive superior business performance. Socialtext's enterprise social networking products — including microblogging, blogs, wikis, profiles and social spreadsheets — provide simpler ways for employees to share vital information and work together in real-time. Delivered in a variety of hosted cloud services, as well as on-site appliances, enterprise customers are provided with flexible deployment options that meet their security requirements. Built on a flexible, web-oriented architecture, Socialtext integrates with virtually any traditional system of record, such as CRM and ERP, enabling companies to discuss, collaborate, and take action on key business processes. More than 6,500 businesses worldwide have accelerated their business performance with Socialtext, including Getty Images, Symantec, Meredith Corporation, NYU Stern, OSIsoft, and Epitaph Records. To learn more, visit http://www.socialtext.com.

Designated trademarks and brands mentioned in this press release are the property of their respective owners.

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Gutenberg Communications

John Kreuzer
(408) 827-4360
jkreuzer@gutenbergpr.com

Andria Barrera
(408) 827-4359
andria@gutenbergpr.com

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