SAN FRANCISCO, July 18, 2011 (GLOBE NEWSWIRE) -- ServiceSource® (Nasdaq:SREV), the global leader in cloud-enabled service revenue performance solutions, announced today that it filed a registration statement with the Securities and Exchange Commission for a proposed follow-on public offering. A substantial majority of the shares to be sold in the offering will be sold by existing stockholders of the company.
Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as the joint book-running managers for the offering. William Blair & Company, L.L.C., JMP Securities LLC, Lazard Capital Markets LLC, Piper Jaffray & Co., Oppenheimer & Co. Inc., Wells Fargo Securities, LLC and Credit Agricole Securities (USA) Inc. are acting as co-managers. When available, a copy of the preliminary prospectus may be obtained from Morgan Stanley & Co. LLC, by telephone: (866) 718-1649; by standard mail at Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, New York, NY 10014; or by email: prospectus@morganstanley.com; and from Deutsche Bank Securities Inc., by mail at Deutsche Bank Securities Inc., 100 Plaza One, Attention: Prospectus Department, Jersey City, NJ 07311; or by telephone: (800) 503-4611.
A registration statement relating to these securities 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 news 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 or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The ServiceSource logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8933