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SuccessFactors Continues Growth Across Latin America Region

Global Leader in Business Execution Software Opens New Office in Mexico City


News provided by

SuccessFactors, Inc.

Jul 09, 2010, 08:35 ET

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MEXICO CITY, July 9 /PRNewswire-FirstCall/ -- Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced continued growth across the Latin America region, opening their first global office location in Mexico City.

"Our head of Latin America, Philip Carty, proved the value of the region, and Mexico specifically, by having the SuccessFactors team drive 120 customers total in Mexico alone," said Lars Dalgaard, founder and CEO, SuccessFactors. "When speaking to him in a July 7 conversation, he and one of our managers in Mexico had met three CEOs in the last 12 hours, all of whom had great interest in our Business Execution products."

After pioneering a new software category with the launch of Business Execution (BizX) Software in September of last year, SuccessFactors has continued to extend its vision of helping companies all over the world to bridge the gap between strategy and execution.

SuccessFactors experienced tremendous growth in Latin America last year, growing revenues 237 percent year-over-year from Q1 2009 to 2010. The Mexico City office location will enable SuccessFactors to extend its global vision of BizX and support its growing base of customers in the region. Currently, many Mexico-based companies leverage SuccessFactors to improve business alignment and people performance to drive maximum results, including NYCOMED, Supermercados Internacionales HEB, Grupo Industrial Saltillo and Gennomma Labs.

"Since opening up business in Mexico in early 2006, SuccessFactors has had unprecedented success within the Latin American and Caribbean markets, two key regions within our global BizX strategy," said Philip Carty, vice president of Eastern area sales, SuccessFactors. "We're extending our reach throughout these markets, particularly at the enterprise and mid-market level, and we're delivering on our promise to change how the world works and to achieve the number one business imperative: how companies execute."

About SuccessFactors, Inc.

SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution (BizX) Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes. More than 8 million users and 3,000 companies across 168 countries and 34 languages leverage SuccessFactors every day, up from 92 customers and approximately 280,000 users in 2003. Business Execution bridges the gap between strategy and success, by allowing every person in an organization to execute against their plans better and faster. To learn more, visit: www.successfactors.com.

Execution Is The Difference(TM)

Follow us: http://twitter.com/SuccessFactors

Like us: http://facebook.com/SuccessFactors



This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs.


These forward-looking statements include statements about our ability to expand geographically, product performance and customer adoption, expected benefits and implementation. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: unexpected delays in implementation; unexpected bugs or defects; outages or security breaches; user acceptance levels of the application; and our ability to manage our growth and expand geographically.  If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.


Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.


These documents are or will be available in the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor. Information on our website is not part of this release.



Contacts:

Andres Bello, 52(55) 36010614

[email protected]

# 10 piso 6 y 7 Col. Polanco Mexico D.F. 11560  


Dominic Paschel, 415-262-4641

Director of Global Public & Investor Relations

[email protected]

SOURCE SuccessFactors, Inc.

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