Vovici Closes 2007 With Continued Adoption Of Its Enterprise Feedback Management Solutions Across The Fortune 500

Vovici (voh-VEE-see), the leading provider of Enterprise Feedback Management (EFM), recently announced that its online survey services and software are being utilized in 58 percent of the U.S. Fortune 500 companies. Enterprises across the financial services, entertainment, shipping, retail and petroleum industries are benefitting from the feedback garnered from their community base – including employees, customers and partners.

Most notably within this highly sought after market segment, Vovici is working with 10 of the nation's largest banks; 4 of the largest financial services companies; 5 of the largest entertainment companies; 4 of the largest telecommunications companies; 7 of the largest automotive manufacturers; 5 of the largest insurance companies; both of the premier package/freight delivery companies and a number of the nation's largest retailers. The Company's momentum in 2007 can be seen in its approximately 25 percent increase in total customers for the year compared to the same period in 2006, which represents the rapid adoption of Vovici's solutions in a number of these markets.

Validating Vovici's unique and innovative feedback solutions, the company's Software as a Service (SaaS) bookings increased 85 percent compared with the same period in 2006. Organizations worldwide are becoming increasingly aware of the strategic value of a consistent feedback strategy, and are standardizing on Vovici as their standard feedback tool for their organization. As a result, these organizations are eliminating the use of multiple feedback tools and the resulting disconnected islands of information and establishing feedback as a reusable corporate asset.

"Vovici continues to experience strong growth as we address the needs of the world's top organizations through our innovative software services," said Dean Wiltse, Chairman and CEO, Vovici. "With increased importance being placed on community feedback, we'll be looking to utilize our expertise and technology in order to help these world leaders build respondent panels from their communities of interest. This places the feedback they need in order to not only resolve their challenges but also make better business decisions at their immediate disposal."