Date Posted: 5/2/2007
Kintera Wins California Innovation Award
Kintera One of 15 Companies Recognized by the California Innovation Corridor
SAN DIEGO--(BUSINESS WIRE)--Kintera® Inc. (NASDAQ: KNTA - News) today announced that the California Innovation Corridor has selected Kintera as a recipient of the California Innovation Award.
California Innovation Corridor partners selected the best innovative companies in the state from more than 75 Innovation All-Star candidates originating from over 300 initial nominations. The California Commission for Jobs and Economic Growth, a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand job and economic growth, presented the awards to 15 companies yesterday.
Additional award recipients include Symantec, QUALCOMM, NETGEAR, Juniper Networks, Network Appliance, Inc., Autobytel, Inc., DJO Inc., FormFactor, Inc., QAD, IXYS Corporation, Callidus Software, Covad Communications Group, Inc., Kyphon and Trimble.
"Innovation is a key driver for Kintera," said Rich LaBarbera, CEO of Kintera. "We have made tremendous progress both building and enhancing the Kintera Sphere platform and our social CRM system. Our revolutionary social CRM system enables nonprofit organizations to combine the online and offline experiences of their constituents to create a holistic view of constituent interactions. There is no other company in this market that has such a robust and advanced suite of products and services."
"We believe innovation and entrepreneurship are the drivers of economic growth in California," added Mark Mosher, executive director for the California Commission for Jobs and Economic Growth.
The California Innovation Corridor partners, managed by the California Space Authority (CSA), a statewide nonprofit organization, and administered through the Labor Workforce Development Agency (LWDA), chose the final recipients based on market leadership within their industry, employment figures, continuous innovation of products and services, contribution to the California economy, and significant accomplishments in 2006.
In 2006, Kintera was ranked #1 on the Deliotte San Diego Technology Fast 50, was a finalist in both the American Business Awards for Best New Product or Service and the Codie Awards for Best CRM Solution.
To receive more information, visit www.kintera.com.
About Kintera, Inc.
Kintera®, Inc. (NASDAQ: KNTA - News) provides software as a service to help organizations quickly and easily reach more people, raise more money and run more efficiently. The Kintera Sphere® technology platform empowers The Giving Experience(TM), and features a social constituent relationship management (CRM) system, enabling donor management, e-mail and communications, Web sites, events, advocacy programs, wealth screening and accounting.
For more information about Kintera's software and services, visit www.kintera.com.
Kintera, Kintera Sphere, Friends Asking Friends, The Giving Experience, GivingFund, and FundWare are either registered trademarks or trademarks of Kintera, Inc. in the U.S. and/or other countries.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of software solutions by nonprofit organizations) that involve risks and uncertainties. These forward-looking statements represent our estimates and assumptions only as of the date hereof. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, without limitation: our limited operating history; our history of losses; our dependence on increased acceptance by nonprofit organizations of online fundraising; lengthy sales cycles for major customers; our need to manage growth; risks associated with accounting for and processing large amounts of donations; the rapidly changing technologies and market demands; and other risks identified in our filings with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on these forward-looking statements.
Contact:
Kintera Inc.
Tara Plappert, 858-795-3199
tara.plappert@kintera.com
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Source: Kintera Inc.
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