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LiveWorld Reports $2.5 Million Revenue

Revenue: Revenues for the third quarter 2005 were $2,513,187, representing 70% year-over-year growth compared to third quarter 2004 revenues of $1,477,422 and 3% sequential growth over second quarter 2005 revenues of $2,431,298.

Ordinary Income: Third quarter 2005 ordinary income was $209,557, or a $0.0079 EPS, representing 1,086% growth over third quarter 2004 ordinary income of $17,666, or a $0.0007 EPS.  Third quarter 2005 ordinary income was 44% lower than second quarter 2005 ordinary income of $373,791.

Net Income: Net income for the third quarter 2005 was $221,878, or $0.0083 EPS, representing 969% growth over third quarter 2004 net income of $20,757, or $0.0008 EPS.  Third quarter 2005 net income was 42% lower than second quarter 2005 net income of $381,359.  

Income in the second half of the year is projected to be lower than the first half due to the Company’s previously stated strategy of investing in new product development and due to a one time favorable legal settlement in Q1 2005 (see April 19, 2005 press release).  The company’s cash position at end of the third quarter 2005 was $1,203,225.

“Third quarter revenue was driven by the increasing demand for online community services and continuing acceptance of LiveWorld’s extensive offerings by leading brands,” said Peter Friedman, Chairman and CEO. “We continue to execute on our strategy of growing revenue and maintaining profitability while investing significantly in new product development.” 

Business Outlook:   The Company stated that it currently has more than $9.25 million in revenue bookings for 2005, representing 77% growth over 2004 total revenue of $5.2 million.  Due to seasonality aspects of select clients, LiveWorld’s fourth quarter revenue is historically lower or in line with third quarter revenue.  

A detailed quarterly financial history for LiveWorld is available at http://www.liveworld.com/company/financials.html

* The above income results do not include impact of stock option expensing.  Such expensing would be a non-cash impact.  See the above referenced financial history for more detail.

About LiveWorld
LiveWorld is leading the social marketing industry in creating innovative online communities, which help its clients build loyalty, brand awareness, customer engagement, customer care and business intelligence venues. The company provides Fortune 1000 clients overall social network marketing strategy, brand consulting , community management, design, development and hosting of private-label social network sites, and moderation services for these online communities as well as for any user content site. Applications and moderation services include rich profiles, friends lists, forums, blogs, photo albums, user video, customer support forums, groups and interactive webcasts.

With 20 years of experience, an extensive applications hosting platform, and a track record of delivering over 1 million hours of moderation services, LiveWorld offers its clients a team of experienced community managers and moderators who oversee activity and user content online. LiveWorld deploys its services in more than 60 country-language combinations, and is the trusted partner of leading brands worldwide, including: A&E, The Campbell Soup Company, The Coca Cola Company, eBay, HBO, HSBC, Kraft Foods, LeapFrog, Neutrogena, MINI Cooper USA, , TJX, QVC and many others.

LiveWorld is headquartered in San Jose, California with additional offices in New York City and London. For further information visit www.liveworld.com

LiveWorld Contacts
PR Contact: Falguni Bhuta: Krause Taylor Associates falguni@krause-taylor.com (408) 918-9087
IR Contact: David Houston: LiveWorld, Inc. ir@liveworld.com 408 615-8496

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