Exhibit 99.2
For Further Information, Contact:
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Investor Relations: | | Corporate Communications: |
Todd Friedman or Stacie Bosinoff | | Jaia Zimmerman |
The Blueshirt Group | | RightNow Technologies |
415.217.7722 | | 650.653.4441 Office |
todd@blueshirtgroup.com | | 650.464.8462 Cell |
stacie@blueshirtgroup.com | | jzimmerman@rightnow.com |
RightNow Announces Increased Stock Repurchase Program
BOZEMAN, Mont. (November 17, 2010) —RightNow Technologies, Inc. (“RightNow” or the “company”) (NASDAQ: RNOW) today announced that its Board of Directors on November 16, 2010 has authorized a $15 million increase to a previously approved $10 million stock repurchase program. Under the revised program, up to $25 million of RightNow’s common stock may be repurchased. The shares may be purchased from time to time at prevailing prices in the open market, in block transactions, in privately negotiated transactions, and/or in accelerated share repurchase programs, in accordance with Rule 10b-18 of the Securities and Exchange Commission. The additional authorization becomes effective November 19, 2010.
About RightNow Technologies
RightNow is helping rid the world of bad experiences one consumer interaction at a time, eight million times a day. RightNow CX, the customer experience suite, helps organizations deliver exceptional customer experiences across the web, social networks and contact centers, all delivered via the cloud. With more than eight billion customer interactions delivered, RightNow is the customer experience fabric for nearly 2,000 organizations around the globe. To learn more about RightNow, go to www.rightnow.com.
RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of The NASDAQ Stock Market LLC.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions, and variations or negatives of these words and include, but are not limited to, statements regarding projected repurchases under our stock repurchase program. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
The risks and uncertainties referred to above include, but are not limited to, the amount and timing of any stock repurchases under our stock repurchase program, if any; general economic conditions; our success in
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