LiveWorld Announces New $6 Million, 3 Year Contract
LiveWorld Announces New $6 Million, 3 Year Contract
Full-service Online Community Agency Lands Multi-Million Dollar Deal
LOS GATOS, Calif., Feb. 1 /PRNewswire-FirstCall/ -- LiveWorld, Inc. (Pinksheets: LVWD.PK) (www.liveworld.com) today announced that in January 2005 it successfully launched the services to be delivered under a new contract for $6 Million in online community services. These services will be delivered over 3 years for a major operating division of a Fortune 500 company. The contract includes a $6 Million minimum commitment and has additional upside potential. The client's name is being withheld as a matter of confirming to its communications and confidentiality policies.
About LiveWorld, Inc.
LiveWorld is the leading full service online community agency that creates, operates, and manages loyalty marketing, customer support, and business intelligence communities based on the Company's unique community applications platform and strategic community model. LiveWorld solutions enable Fortune 1000 companies to strengthen customer relationships, increase revenues, and reduce costs. Clients include companies such as America Online, A&E Television Networks, BEA Systems, eBay, The Campbell Soup Company, Discovery Communications, Dove, HBO, Intel, MINI Cooper USA, PayPal, QVC, Slim-Fast, SUN Microsystems, The Walt Disney Company and Warner Brothers. 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 the Company's current or future financial performance. 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, clients continuing their ongoing relationships with the Company, ability to acquire new customers, and other risk factors described in the Company's latest 10Q and 10K filed with the SEC. Financial information quoted in this release represents results that have not been audited or reviewed by an outside accounting firm and are subject to change upon such a review.
Source: LiveWorld, Inc.
CONTACT: Peter Friedman of LiveWorld, Inc., 800-514-2060
Web site: http://www.liveworld.com/
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