Home > News & Resources > Press Releases
Press Releases
LiveWorld Signs New 3 Year, $5 Million
Contract
Los Gatos, Calif., March 2, 2004 - LiveWorld, Inc.
(Pinksheets: LVWD.PK) today announced that it has signed a new
3 year multi-million dollar contract with a major operating
division of a Fortune 500 company. The contract is valued at
over $5 Million in revenue to LiveWorld over the 3 years, with
approximately $1.6 Million currently expected in 2004. The
contract allows for additional incremental revenues. Under the
terms of the contract LiveWorld will be providing the client
with outsourced online community services. While LiveWorld
previously performed other small consulting projects for this
client in 2003, this contract represents substantial growth
from this client with expansion across more LiveWorld services.
2003 was the first year that this company became a LiveWorld
client. The client’s name is being withheld as a matter
of conforming to its communication and confidentiality
policies.
About LiveWorld, Inc . LiveWorld (Pinksheets: LVWD.PK, www.liveworld.com ) is a leading provider of online community solutions for business: loyalty marketing communities, customer support communities, and business intelligence communities based on LiveWorld’s unique community applications platform. Clients include companies such as America Online, eBay, HBO, MINIUSA, The Campbell’s Soup Company, Fidelity Investments, A&E Television Networks, Warner Brothers, and Discovery Communications. LiveWorld is headquartered in Los Gatos, California.
"Safe Harbor" Statement Under The Private Securities Litigation Reform Act: This press release contains forward-looking information concerning the Company’s future expectations, forecasts, and prospects. These statements include those regarding current and future contract values. Actual results may differ materially from those expressed in the forward looking statements made by the Company as a result of , among other things, the Company’s ability to successfully deliver upon its contractual commitments and other risk factors.
