CHICAGO, March 2, 2015 (GLOBE NEWSWIRE) -- PowerReviews, the leading provider of ratings, reviews and question-and-answer technology to more than 1,000 brands and retailers, announced today record growth marked by new customer wins, key additions to the company's board of directors and staff, along with plans for international expansion in 2015.
Significant Customer Wins
PowerReviews has experienced explosive customer growth, with more than 50 new enterprise client wins over the past six months. As one of the largest providers of ratings and reviews technology. PowerReviews serves more than 50 customers with more than $1 billion in revenue, including leading retailers such as Toys "R" Us, Sports Authority, Dillard's and Staples, and leading brands such as Keurig, Crocs, Vans, Steelcase and GoPro. The company was recently recognized as a top service provider to the Internet Retailer 500, working closely with more than 80 of the list's top retailers whose combined revenues exceed $27 billion annually.
"The world's largest brands and retailers are choosing PowerReviews not only because ratings and reviews have the proven ability to increase sales, drive traffic and provide actionable insights, but our clients also see tremendous value in PowerReviews' unique ability to offer superior customization, better service and a lower cost of ownership," said Matt Moog, CEO of PowerReviews. "Through our large syndication network, we're able to reach more than 500 million shoppers across more than 5,000 e-commerce websites at the moment of truth - when the shopper is evaluating which product and brand to choose."
International Expansion and Product Enhancements
As its international customer base continues to grow across more than 20 countries, PowerReviews will continue its expansion in Europe. A new London office, which opened in January, will bring PowerReviews even closer to a growing roster of international clients. Anne Marie Olsen, Vice President of EMEA, will lead the new office.
In tandem with its plans for international growth, PowerReviews is expanding language capabilities within the platform, which supports moderation in more than 20 languages. Shoppers can toggle between multiple languages when reading reviews, and the client-facing dashboard can be localized and new languages can easily be added as needed.
Growth of World Class Team and New Board Members
To support the company's growth, PowerReviews has more than doubled headcount across its Chicago and San Francisco offices over the past six months. This expansion includes strategic additions to the PowerReviews leadership team with appointments in sales, marketing, human resources, finance and legal.
"We've been committed to building a strong foundation of talented professionals, and I'm exceptionally proud of the team we've established," said Moog. "Our progress thus far is a testament to the strength and leadership of our executive team."
Additionally, PowerReviews appointed Bud Rosenthal and Dev Mukherjee to its board of directors. With a background in software and digital media, Rosenthal currently serves as CEO of the Membership and Paid Services Group at AOL and formerly as a Vice President at Yahoo. Dev Mukherjee, former CEO of Evite, Celebrate Interactive Holdings and BuySeasons, brings expertise advising e-commerce, retail and high-tech companies, including IBM, Liberty Media and Microsoft.
To learn more about PowerReviews and its technology, visit www.powerreviews.com.
PowerReviews delivers software that more than 1,000 brands and retailers use to collect, display, and syndicate reviews on more than 5,000 websites. An essential resource for consumers as they search and shop online and in-store, reviews drive traffic, increase sales, and create actionable insights to improve products and services. With a syndication network that reaches more than 500 million in-market shoppers each month, PowerReviews delivers more reviews to more consumers. And we make it easier than anyone else. For more information, visit www.powerreviews.com.
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