Full service online community agency increases contract by 42%.
Los Gatos, Calif., September 2, 2004 – LiveWorld, Inc. (Pinksheets: LVWD.PK) today announced that its previously announced (see 3/2/04 press release) 3-year contract with a major operating division of a Fortune 500 media company has been expanded by over $750,000/year. The contract previously valued at over $5 Million in revenue to LiveWorld over 3 years, is now valued at over $7 Million over 3 years (2004-2006), with approximately $2 Million expected across Q1 2004 - Q4 2004. Under the terms of the contract, LiveWorld provides the client with outsourced online community moderation services. The client’s name is withheld as a matter of conforming to its communication and confidentiality policies.
About LiveWorld , Inc.
LiveWorld (Pinksheets: LVWD.PK, www.liveworld.com ) is the leading full service online community agency that creates, operates and manages loyalty marketing, customer support, and business intelligence communities based on LiveWorld’s unique community applications platform. LiveWorld solutions enable Fortune 1000 companies to strengthen customer relationships, increase revenues, and reduce costs. Clients include companies such as America Online, eBay, HBO, MiniUSA, The Campbell’s Soup Company, Fidelity Investments, A&E Television Networks, SUN Microsystems, Warner Brothers, and Discovery Communications. LiveWorld is headquartered in Los Gatos, California.
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