SAN DIEGO, CALIF. – October 3, 2011 – The Active Network, Inc. (NYSE: ACTV), the leading provider of organization-based cloud computing applications, today announced the acquisition of ServiceU Corporation, a software provider that helps churches, schools, and nonprofits simplify and automate administrative processes through online transaction services. ServiceU offers web-based services in the areas of online giving, payment processing, calendaring, resource management and ticketing to more than 2,400 small and large organizations throughout the U.S. and in several international markets.
“ServiceU brings market expertise and new product capabilities which strongly complement our existing product portfolio,” said Matt Ehrlichman, chief strategy officer at Active Network. “Adding ServiceU to our family of companies enables the delivery of more services to help churches and schools simplify and automate their events and fundraising efforts.”
“Joining forces with Active Network will allow us to better serve our valued ServiceU customers and bring new technology and community-building services to the diverse markets we serve,” said Tim Whitehorn, CEO of ServiceU. “We believe through this acquisition, ServiceU will become part of a broader portfolio of services that will enhance our customers’ missions.
Active Network plans to continue selling ServiceU™ products as stand-alone offerings and will also integrate its core functionality with its existing Fellowship One® product portfolio. The company anticipates launching a singularly branded church management product suite through its new Active Network | Faith division, providing the most comprehensive capabilities within the faith market.
The acquisition of ServiceU, along with the acquisitions of ConnectionPower.com and Fellowship Technologies earlier this year, reinforces Active Network’s position as the largest provider of SaaS solutions for the Faith market while underscoring its commitment to helping churches and other faith organizations better serve the people they engage.
About ServiceU Corporation
With 12 years of experience, and over 2,400 customers nationwide, ServiceU is a leading software development company specializing in event management and giving for churches, schools and non-profits nationwide. Having powered an estimated 15 million events with its technology, ServiceU offers customers excellent service and easy-to-use technology. Click here to view FAQ for current ServiceU customers.
About The Active Network, Inc.
The Active Network, Inc. is the leading provider of organization-based cloud computing applications—serving the business events, community activities, outdoors and sports markets— with over 47,000 global business customers and 70 million annual transactions reported last year. Our technology platform, ActiveWorks®, transforms the way organizers manage their activities and events by automating online registrations and streamlining other critical management functions, while also driving consumer participation to their events. Our flagship media property, Active.com®, is the leading online community for people who want to discover, participate in, and share activities about which they are passionate. Headquartered in San Diego, California since 1999, the company has over 25 offices worldwide. To learn more, visit www.ActiveNetwork.com or www.Active.com. Follow Active Network on Twitter @ActiveNetwork, @Active and on Facebook.
About Forward-Looking Statements
The Active Network, Inc. cautions you that the statements included in this press release that are not a description of historical facts are forward-looking statements within the meaning of the federal securities laws. Any such statements are subject to substantial risks and uncertainties, and actual results may differ materially from those expressed in these forward-looking statements. More detailed information about The Active Network, Inc. and the risks and uncertainties that may affect the realization of these forward-looking statements is set forth in its filings with the Securities and Exchange Commission (SEC).These filings may be read free of charge on the SEC's website at www.sec.gov. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and The Active Network, Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
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© 2011 The Active Network, Inc. All rights reserved. Active.com, ActiveWorks and Fellowship One are registered trademarks of The Active Network, Inc. Active Network and ServiceU are trademarks of The Active Network, Inc. All other trademarks are the property of their respective owners.