SAN FRANCISCO, CA--(Marketwire - Mar 1, 2012) - [ ServiceSource® ] (NASDAQ: [ SREV ]), the global leader in [ Service Revenue Management ], today announced it has expanded its investment in Denver with the opening of a new downtown office. One of two major sales centers in North America, the newly opened office will deliver Service Revenue Management (SRM) solutions to some of the world's biggest names in high-tech, healthcare, life sciences, building systems and more.

Mayor Michael B. Hancock has been a supporter of ServiceSource's efforts to hire the best and brightest in Denver and the state of Colorado. Members of the state and Denver city governments will be on hand for the ribbon-cutting event on March 1^st at 3 p.m. MST at the new ServiceSource offices located at [ 717 17th Street, 5th Floor, Denver, Colorado ]. More details can be found on the ServiceSource blog - [ http://blog.servicesource.com/ ].

ServiceSource first started operations in Denver in 2006 with 20 employees, and, in the past six years, the office has grown to over 400 people. The majority of people hired in Denver are recent college graduates who are offered a comprehensive sales training program and the chance to work with some of the biggest brands in the world.

"Mayor Hancock and other local officials have been supportive in our efforts to help Denver thrive. We've seen tremendous growth in the region, driven by the addition of young, energetic professionals looking to kick-start their career with our unique sales training program," said Keith Leimbach, senior vice-president and general manager, Americas, ServiceSource, Inc.

For more information about ServiceSource go to [ www.servicesource.com ] and to see our latest job openings, please see: [ http://www.servicesource.com/company/careers/ ]

About ServiceSource, Inc.
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, up to [ 44 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 ].