SAN FRANCISCO, CA--(Marketwire - Nov 9, 2011) - [ ServiceSource® ] (NASDAQ: [ SREV ]), the global leader in [ service revenue management ] and the title sponsor of the Fifth Annual Silicon Valley ServiceSource Challenge, the Bay Area's annual corporate charity golf tournament, is proud to announce the 2011 event generated $113,000 in contributions for the winning teams' charities of choice. The leading beneficiaries include, Make-A-Wish Foundation Greater Bay Area, Ronald McDonald House at Stanford, and the Kipp Bayview Academy. The event has raised more than $700,000 over the past five years and donated those profits to 40 deserving charities in and around the Bay Area.

"We are proud to be the title sponsor of the event and excited to have spent a day competing with so many great Silicon Valley companies," said Mike Smerklo, chief executive officer, ServiceSource. "This event allows us the opportunity to partner with customers and other leading companies to support local charities. At ServiceSource, giving back is part of our DNA, and our employees get involved in local charities around the world."

"We are delighted to be a part of the extraordinary giving community in the Bay Area and we thank ServiceSource, our title sponsor, for its long term commitment to the Challenge," said Erik van Dillen, CEO of van Dillen Partners. "We look forward to hosting the Silicon Valley ServiceSource Challenge and giving back to the community for many years to come."

ServiceSource is excited to announce the broadcast schedule of the one-hour program highlighting all the action of the 2011 ServiceSource Challenge. You will have a chance to see the good, the bad and the ugly of the competition in prime time.

ServiceSource is committed to corporate social responsibility and supports many philanthropic initiatives throughout the year. ServiceSource and its employees pride themselves on being connected to the communities in which they live.

What:
Silicon Valley ServiceSource Challenge 1 hour telecast of the 2011 Tournament Highlights

When:
Wednesday, November 9, 8:00 pm PST
Saturday, November 12, 7:00 pm PST
Thursday, November 17, 4:00 pm PST
Monday, November 21, 8:30 pm PST

Where:
Comcast SportsNet (Check your local listing)

For more information, please visit [ http://www.siliconvalleygolfchallenge.com/ ]

About ServiceSource
ServiceSource is the global leader in service revenue management, partnering with technology-based companies to optimize maintenance, support and subscription revenue streams, while also improving customer relationships and loyalty. ServiceSource helps customers increase service revenue contract renewal rates, on average, by over 15 percentage points and, in some cases, over 40 percentage points. ServiceSource delivers these results via a cloud-based solution, combining its Service Revenue Performance Suite™ of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform™ of transaction data, benchmarks and best practices. ServiceSource offers its service revenue management solution on a unique pay-for-performance business model that enables a success-driven, shared-risk partnership. The Company is headquartered in San Francisco, and manages service revenue performance for customers across the globe in more than 35 languages.

ServiceSource and any ServiceSource product or service names or logos above are trademarks of ServiceSource International, Inc. All other trademarks used herein belong to their respective owners.

For more information on ServiceSource, visit [ http://www.servicesource.com ]. To connect with ServiceSource, visit us on [ Twitter ], [ Facebook ], [ LinkedIn ] and [ YouTube ].