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To: Boplicity who wrote (153423)2/10/2000 11:53:00 AM
From: Dorine Essey  Read Replies (1) | Respond to of 176387
 
LIVEPERSON CLOSES $18 MILLION ROUND OF STRATEGIC FINANCING WITH DELL AND NBC BUSINESS EDITORS NEW YORK--(BUSINESS WIRE)--FEB. 7, 2000--LIVEPERSON, INC.(NASDAQ:LPSN), A LEADING PROVIDER OF REAL-TIME

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NEW YORK--(BUSINESS WIRE)--Feb. 7, 2000--LivePerson,
Inc.(NASDAQ:LPSN), a leading provider of real-time sales and customer
service technology, today announced that it has received approximately
$18 million in strategic financing from Dell Computer Corporation
(NASDAQ:DELL.O) and NBC (NYSE:GE.N).
Today's announcement follows LivePerson's announcement on January 28th that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock. With the investments from Dell and NBC, the company's total financing to date has reached $41.5 million, following a $19 million financing round announced in August 1999, preceded by two initial rounds of financing totaling $4.6 million announced in early 1999.
"Customer support is an important element of a successful online business, and LivePerson's turnkey technology is the best solution we've seen in the industry," said Peg Murphy, Vice President, Business Development, NBC. "LivePerson makes it easy for Web sites to add a powerful customer support component with minimal investment."
"The financing we're receiving from Dell and NBC allows us to continue to grow and innovate, providing the best service to our clients and allows them to better serve their customers," said Rob LoCascio, president and CEO, LivePerson, Inc. "We view today's announcement as a major vote of confidence in our ability to be a leading provider of real-time sales and customer service technology."
A registration statement relating to the securities LivePerson proposes to issue and sell in its initial public offering has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.