2014

ClickSoftware Announces 2014 Annual General Meeting of Shareholders to be Held on June 19, 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 http://ir.clicksoftware.com.  

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.

About ClickSoftware 

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 communication.

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 device.

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. 

ClickSoftware Contact:
Noa Schuman
Investor Relations
+972-3-7659-467
Noa.Schuman@clicksoftware.com

Investor Relations Contact:
Rob Fink
KCSA Strategic Communications
+1-212-896-1206
rfink@kcsa.com

SOURCE ClickSoftware Technologies Ltd



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