Brainshark Presentations Top 25 Million Views

Driven by Demand for Cost-Effective Communications, Brainshark Posts Impressive Gains in Revenues, Customers and Usage in 2009

Jan 27, 2010, 09:00 ET from Brainshark, Inc.

WALTHAM, Mass., Jan. 27 /PRNewswire/ -- Brainshark, Inc., the leader in on-demand presentations, today announced a significant company milestone, with cumulative Brainshark presentation views surpassing 25 million. This encompasses viewing activity for all Brainshark presentations created since Brainshark launched its flagship product 10 years ago. This milestone also caps off a successful 2009 fiscal year, where Brainshark significantly expanded its customer base and posted revenue growth of 18%, while doubling profits over the previous year.

Today, more than 1,100 companies – from SMBs to large enterprises, including 1/3 of the Fortune 100 – rely on Brainshark for their communications needs, with Brainshark customers reporting 90-95% reductions in communication costs over previous methods. Brainshark on-demand presentations, which incorporate audio narration, as well as video, survey questions, in-depth tracking capabilities and more, help companies reduce the time and cost of travel, meetings and other live communications, while increasing the scope and effectiveness of their message.

Additional Brainshark milestones and accomplishments during the past year include:

  • Widespread use – In 2009, a Brainshark presentation was viewed every five seconds by users around the world, and a new Brainshark presentation was created every four minutes. Eight million minutes of Brainshark content are viewed each month.

  • Customer wins – Brainshark signed 417 new customers in 2009, spanning multiple verticals including technology, financial services, pharmaceutical, retail, healthcare and manufacturing.

  • Accolades Brainshark was named a "Learning Leader" by research firm Bersin & Associates. The company was also honored with a "Best of Elearning!" award from Elearning! Magazine Group, in recognition of Brainshark's ease of use and effectiveness in creating rapidly deployable, high-impact eLearning programs.

  • Launch of myBrainshark – For the first time in its 10-year history, Brainshark made a version of its software available to all users for free through the launch of myBrainshark. With myBrainshark, users can create, share and track the impact of voice-enriched multimedia presentations – promoting themselves or their businesses, sharing expertise and more.

  • Featured on Apps.gov – Brainshark was among the earliest applications selected for inclusion on Apps.gov, the federal government's new cloud computing storefront. Through Apps.gov, government agencies have a streamlined, hassle-free mechanism for tapping into the benefits of Brainshark's software-as-a-service (SaaS) applications.

  • Expanded physical footprint – In September 2009, Brainshark doubled its physical footprint, moving its headquarters to a new office in Waltham, Mass. The company also plans to continue hiring new talent throughout 2010.


"To have achieved these successes and expanded operations in the midst of a challenging economy is a testament to the value our offerings are delivering to customers," said Brainshark CEO Joe Gustafson. "We're looking forward to even greater success in the year ahead, as we help companies realize tremendous cost savings while improving the reach and results of their communications."

About Brainshark, Inc.

Brainshark is the leader in on-demand presentations, transforming static business content into high-impact communications. Delivered via Software-as-a-Service (SaaS), Brainshark enables audiences to access and engage with business content when and how they want. More than 1,000 companies – including a third of the Fortune 100 – rely on Brainshark software and services to help sales, marketing, training and HR experts cost-effectively deliver measurable results. In addition, organizations and individuals use the myBrainshark site to create, share and track publicly available multimedia presentations for free. For more information on these offerings, visit www.brainshark.com.





MEDIA CONTACTS:

Joan Babinski

Brainshark, Inc.

781.370.8001

jbabinski@brainshark.com

www.brainshark.com

Sara Card

Davies Murphy Group, Inc.

781.418.2431

brainshark@daviesmurphy.com

www.daviesmurphy.com





SOURCE Brainshark, Inc.



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