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ServiceSource Hosts Fundraiser to Fight Children's Cancer, Furthers Community Involvement in Nashville

Joins the St. Baldrick's Foundation to Shave Heads for Cancer, Nashville Mayor Karl Dean to Address Crowd (November 14, 2011)

SAN FRANCISCO, CA -- (Marketwire) -- 11/14/11 -- ServiceSource® (NASDAQ: SREV), the global leader in service revenue management, today announced that it is hosting a fundraiser in Nashville with the St. Baldrick's Foundation, the world's fastest growing volunteer-driven fundraising opportunity for children's cancer research, to support its company-wide philanthropic effort. ServiceSource has grown in Nashville from 15 employees in 2008 to more than 500 today to serve its rapidly expanding customer base. Since 2000, St. Baldrick's events have raised approximately $117 million globally, providing research grants to doctors and scientists at more than 200 institutions to pursue the most promising new cures for childhood cancer.

ServiceSource has also been granted a gift of $10,000 for the St. Baldrick's Foundation by 11-time ASP World Champion and surfing legend, Kelly Slater, on behalf of the Kelly Slater Foundation.

"At ServiceSource we are committed to giving back to the community and we demonstrate this commitment through our support for philanthropic efforts here in Nashville and around the world," said Mike Smerklo, chief executive officer, ServiceSource. "We are honored to partner with St. Baldrick's to raise money to battle childhood cancer, and we will match 100 percent of the donations that our employees make in support of this event."

ServiceSource is committed to corporate social responsibility and supports many philanthropic initiatives held globally throughout the year. ServiceSource is also dedicated to supporting its employees and their families, and Mike Smerklo sits on the Board of the Greater Bay Area Make-A-Wish Foundation. Supporting the fight against kids' cancer with the St. Baldrick's Foundation fundraiser is a statement of ServiceSource's dedication to community involvement programs.

Nashville, Tenn., Mayor Karl Dean will be joined by ServiceSource executives Mike Smerklo, CEO; Jeff Bizzack, President; David Oppenheimer, CFO and Keith Leimbach, Senior Vice President and GM. In addition, 11-time ASP world surfing champion Kelly Slater will present a donation from the Kelly Slater Foundation via video.

ServiceSource Fundraiser with the St. Baldrick's Foundation for Children's Cancer Research

Thursday, November 17, 2011
3:00 - 6:00 p.m. Eastern

B.B. Kings Restaurant & Blues Club
152 2nd Avenue North
Nashville, Tenn. 37201

For more information, and to donate please visit:

About ServiceSource
ServiceSource is the global leader in service revenue management, partnering with technology-based companies to optimize maintenance, support and subscription revenue streams, while also improving customer relationships and loyalty. We help customers increase recurring revenue contract renewal rates, on average, by over 15 percentage points and, in some cases, up to 44 percentage points. We deliver these results via a cloud-powered managed service, combining our Service Revenue Performance Suite™ of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform™ of renewals data, benchmarks and best practices. ServiceSource offers its solution on a unique pay-for-performance model that enables a success-driven, shared-risk partnership. We are headquartered in San Francisco, CA and manage recurring revenue for customers across the globe in more than 35 languages.

ServiceSource and any ServiceSource product or service names or logos above are trademarks of ServiceSource International, Inc. All other trademarks used herein belong to their respective owners.

For more information on ServiceSource, visit To connect with ServiceSource, visit us on Twitter, Facebook, LinkedIn and YouTube.

Media Contact for ServiceSource:
Will Stickney
Horn Group for ServiceSource
(415) 905-4025

Media Contact for the St. Baldrick's Foundation:
Jayme Owen
Fleishman-Hillard for the St. Baldrick's Foundation
(919) 334-3779

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Related Keywords: Support, analytics, maintenance, subscription, service revenue, renewals, recurring revenue, cloud , Marketwire, Inc., , Medical, Biology, Cancer, Other,

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