SLI Systems' Hosted Site Search Services and Technology Chosen by More Than 250 Customers Worldwide
Learning SearchTM Innovator Continues Growth Track for Six Consecutive Years; Nearly Doubles Customer Sites and Sales Team Over Past Year
CUPERTINO, CA - March 26, 2008 - SLI Systems, Inc., a provider of on-demand search
services for Internet and e-commerce sites, announced today that its
Learning Search™ hosted site search solution is now in use by more than
250 customer sites across the globe, more than double the number of sites
from a year ago. The addition of new customers has contributed to a 60%
year-over-year revenue increase from sales of the company's flagship
Learning Search product.
While the majority of the customer growth occurred in the U.S., SLI's
customer base expanded in other areas of the globe as well, including the
UK and the Asia Pacific regions. To keep up with the increased customer
activity, SLI added significantly to its global employee base and almost
doubled the size of its sales team during the year.
Since its inception more than six years ago, SLI Systems has experienced
steady customer and revenue growth - not an easy feat for a technology
startup that's received no outside funding, according to CEO Shaun Ryan.
"In the face of an economic downturn we're still seeing sales volume
increase month after month," Ryan said. "We attribute this success to many
factors, among them the power of our services and technology in improving
the customer experience online, as well as the responsiveness and
high-quality of customer service our clients have come to expect. In
addition, we offer a free trial and require no up-front investment, making
our search solution an easy choice, particularly for companies with
tightened budgets.
"Our Learning Search offering is now in use by high-profile e-commerce and
Internet sites like Vermont
Teddy Bear, FTD, Republic of Tea, New England Journal
of Medicine and many more. All of these companies have
at least one thing in common: they want to make it as easy as possible for
site visitors to find what they're looking for, and after evaluating many
options they decided SLI was the best choice," he concluded.
SLI Systems was founded in 2001 by Ryan and other members of the SLI
executive team as a search solutions provider for online web sites and
Internet portals. The company was formed out of the original GlobalBrain
search company, which was acquired by NBC and Snap.com in the late 1990s.
More recently, SLI has focused on providing its Learning Search technology
to the e-commerce market, which SLI identified as having been highly
underserved in the areas of site search and search engine optimization
(SEO). Through a combination of its own learning-based search products,
and partnerships with other industry-leading e-commerce solutions
providers, SLI gives online merchants complete, end-to-end search,
e-commerce marketing and usability solutions to help customers increase
their presence on the web and capture more sales.
About SLI Systems
SLI Systems is the developer of learning-based search technology for
corporate Internet sites, e-commerce destinations and consumer Internet
portals that Searches, Learns and Improves the user experience. SLI
Systems' hosted site
search and user-generated SEO and automated SEM solutions empower businesses
to enhance customer satisfaction while increasing sales, reducing costs and
yielding valuable customer information. Unlike traditional search
software, SLI Systems' patented technology continuously "learns" from the
behavior of visitors over time to deliver more relevant results. More than
250 sites use SLI Systems' hosted search offerings including ULTA,
Tupperware, Harry and David, Smith & Hawken, NRS (Northwest River
Supplies), FTD and Etronics.com, among others. SLI Systems is a privately
held company, with offices in Silicon Valley, London, and Christchurch, New
Zealand. For more information, visit www.sli-systems.com.
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