BigMachines Continues on Record Growth Path with Seventy-Two Percent Revenue Growth in 2010

SaaS Sales Configuration, Quoting and Proposal Leader Continues Year-Over-Year Growth in North America, EMEA and Asia, Accelerating Innovation Worldwide

Chicago IL -- February 1, 2011 -- BigMachines, Inc., the leader in product configuration, pricing and quoting, proposal generator and B2B ecommerce, today announced the company achieved another record year in 2010 with 77 percent year-over-year growth in recurring revenue and 72 percent growth in total revenue, along with more than $47 million in contract bookings. The company achieved more than 65 new customer wins. In addition, BigMachines generated substantially positive cash flow for the year and achieved GAAP profitability in 2010.

As the momentum in cloud computing and improving sales productivity continued to grow, BigMachines helped its customers sell more and sell faster by licensing its enterprise strength software-as-a-service (SaaS) solution to more than 125,000 users. More than 20 percent of new customer accounts were in EMEA. BigMachines' customer base now includes 240 companies in a broad variety of industries including high tech, software, medical instrumentation, manufacturing, telecom, media, business services, and financial services.

In 2010, BigMachines hired 100 talented professionals and grew its staff to more than 250 team members globally to expand its product development, service and support, sales and marketing teams in order to accelerate product innovation and provide a premium level of service to its growing customer base. The company also grew its international presence by doubling staff in its European offices, including Frankfurt and London, as well as expanding its presence in Asia through offices in Tokyo and Singapore.

"We have continued our growth trend again this past year by focusing on delivering the most innovative and robust B2B sales platform to our customers, helping them sell more and sell faster," said Godard Abel, CEO and co-founder of BigMachines. "I'm very proud of the dedicated and talented team at BigMachines who have all contributed to our success. Moving forward, we will continue to accelerate our investments in our product innovation, services, and supporting infrastructure to ensure that we provide on-going innovations to businesses across industries and across the world."

During 2010 the company accelerated its pace of innovation by releasing two versions of its flagship SaaS offering, BigMachines 10 and BigMachines 11. With BigMachines 11 the company unveiled a new B2B selling platform to help its customers sell more and sell faster across channels. The company also continued to grow its vibrant My BigIdea social innovation community that has generated 800 ideas for new product features and enhancements and more than 6,500 votes on priorities.

"We have implemented a social network driven approach to encourage customers to submit product feature and enhancement ideas and to interact with other customers and BigMachines team members in order to discuss the customer value for each idea submitted," said Will Wiegler, Vice President of Marketing, BigMachines. "Through this innovative use of social media, BigMachines has increased the number and speed of product enhancements delivered, and thus increased customer buy-in and loyalty, as well as providing a source of innovative ideas generated by real user experiences."

BigMachines gained further recognition from industry analysts, the media, and its partners. For the third year in a row, BigMachines was named by Inc. magazine in its 2010 list of the 5000 fastest-growing private companies in America, including the Top 100 Fastest Growing Software Companies for the second consecutive year and the top 22 percent of Fastest Growing Private Companies. BigMachines was also named to the JMP Securities "Hot 100:The Best Privately Held Software Companies" list for the second consecutive year, received a CODiE Award for Best Business Productivity Solution, an award for Best Sales Enablement Program by the Sales & Marketing 2.0 Awards, and was named in the Top 100 OnDemand Software Companies by AlwaysOn. In addition, for the third consecutive year, BigMachines was named "Best Quoting App" on salesforce.com's AppExchange based on user-contributed reviews.

About BigMachines

BigMachines is the global leader in enabling B2B sales, helping companies sell more and sell faster. BigMachines' award-winning on-demand configurator, pricing and quoting, proposal generator, and B2B eCommerce software solutions empower sales across customers' channels by streamlining their sales processes from opportunity to order. Using BigMachines software, sales teams and channels can quickly configure products, generate quotes and proposals, manage complex pricing, generate legal contracts, and manage orders. BigMachines offers extensive reporting capabilities and easily integrates to leading CRM and ERP systems, including those from salesforce.com, Oracle, Microsoft and SAP. BigMachines' rapidly growing customer base includes global leaders such as Kodak's GCG, Siemens, Ingersoll Rand, and NTT Communications, as well as innovative growth companies such as Acme Packet. For more information, visit www.bigmachines.com.

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