ClickSoftware Announces 2013 Annual General Meeting of Shareholders to be Held on July 8, 2013

BURLINGTON, Massachusetts, May 23, 2013 /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 2013 Annual General Meeting of shareholders (the "AGM") will be held on July 8, 2013, 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 29, 2013 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 June 3, 2013 to all shareholders entitled to vote at the AGM.  On May 23, 2013, 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, 2012, including a letter to the shareholders from Dr. Moshe BenBassat, the Company's Chairman and CEO, is available for download on the Company's website at http://ir.clicksoftware.com. 

In his letter to the shareholders, Dr. BenBassat elaborates on ClickSoftware's major milestone achieved by crossing the $100 million revenue mark in 2012, commenting that "throughout 2012 we continued to fortify our position as the leader in the Workforce Management industry as we enhanced our Mobility offering, expanded our line of Cloud products and extended our reach into new geographies as well as into new industry verticals."  Dr. BenBassat goes on to discuss the trends in the Workforce Management market that ClickSoftware is capitalizing on.  "Service companies today continue to differentiate themselves by improving their customer service and seeking higher efficiencies from their current assets, and ClickSoftware continues to be the driving force behind these efficiencies. With the accelerating mobility and BYOD (bring your own device) trends in the Workforce Management market, ClickSoftware's device agnostic solutions help companies provide faster, cheaper, improved and more reliable service to their customers while reducing company costs and providing real time resource optimization. The market remains heavily underpenetrated and the unique functionality of our products will help us further compete, win and execute in this growing industry."

"As we continue to grow our addressable market through product development, we are also expanding our market reach and have established a local presence in emerging markets where we have seen early success, such as Latin America and Russia (CIS). By building brand awareness and focusing on continuous improvement in optimization for our customers, ClickSoftware is poised for global accelerated growth in 2013 and beyond," Dr. BenBassat added.

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 a part of this press release.  

To download ClickSoftware's investor relations app, which offers access to SEC documents, press releases, videos, audiocasts and more, please visit https://itunes.apple.com/us/app/cksw-ir/id530880886?mt=8 to download on your iPhone and iPad, or https://play.google.com/store/apps/details?id=com.theirapp.ckswir&hl=en 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, global expansion, product development plans, future financial performance, future competitive position and the performance of its products. For example, when ClickSoftware discusses its accelerated growth strategy for 2013, its ability to compete, win and execute, or when it 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, ClickSoftware's ability to expand its professional services organization, ClickSoftware's ability to expand relationships with its vendors, resellers or third parties that provide implementation and professional services to its clients, 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, 2012 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
[email protected]

Investor Relations Contact:
Rob Fink
KCSA Strategic Communications
+1-212-896-1206
[email protected]

SOURCE ClickSoftware Technologies Ltd