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Socialtext Named to KMWorld’s 100 Companies That Matter in Knowledge Management

Leader in Social Collaboration Recognized for Commitment to Delivering a More Productive Workplace

February 26, 2013, Palo Alto, California

Socialtext, a leading enterprise social software provider, has been named one of the “100 Companies That Matter in Knowledge Management” by KMWorld magazine. For the past thirteen years, KMWorld has recognized the 100 companies that best demonstrate a commitment to their customers and the field of knowledge management. The annual list has been compiled by knowledge management practitioners, theorists, analysts, vendors, and their customers and colleagues.

"Social is a natural extension of knowledge management. But whereas traditional knowledge management struggled to achieve knowledge capture and sharing, social is weaving them into the daily flow of work,” said Michael Idinopulos, General Manager, Socialtext. “We're thrilled to be recognized by KMWorld, and by the way the knowledge management community has embraced social and Socialtext."

Socialtext has been a leader in social collaboration for more than a decade, delivering a resource for customers to communicate, collaborate on internal projects, and connect on the information necessary to be more effective in the workplace. By simplifying people's ability to share knowledge, ideas and corporate data, Socialtext removes silos and corporate barriers that have traditionally hampered companies' ability to respond to change and better serve customers.

"Criteria for inclusion varies, but all of the companies on this year’s list have been thoroughly evaluated, and each has truly contributed value to the industry,” says Hugh McKellar, Editor-in-Chief, KMWorld. “Each has either helped to create a market, redefine one or enhance one, and they all share two things—the velocity of innovation and the agility to serve their customers. Socialtext is well deserving of this recognition."

The full list of winners will be unveiled in the March 2013 issue at www.kmworld.com. For more information on Socialtext, visit www.socialtext.com, find the company on Facebook at https://www.facebook.com/socialtext or on Twitter at @Socialtext.

About KMWorld

KMWorld (www.kmworld.com) is the leading information provider serving the Knowledge Management systems market and covers the latest in Content, Document and Knowledge Management, informing more than 45,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc. (www.infotoday.com)

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.

Media Contacts

Gutenberg Communications

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

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

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