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Aria Systems Shatters Quarterly Bookings Record

Blowout Quarter Marked by Partner Traction and Customer Success

PALO ALTO, CA - July 29, 2010 - ALWAYSON SUMMIT AT STANFORD - Aria Systems, Inc. (http://www.AriaSystems.com), the leading provider of on demand billing and subscription management solutions, today announced its strongest-ever quarterly bookings based on its performance in the second quarter of 2010. Mike Morini, the company’s CEO will be highlighting Aria Systems’ Q2 success later today at 9:45am Pacific Time on the main stage at the AlwaysOn Stanford Summit in Palo Alto, CA.

First-year contract amounts nearly doubled, growing at 90% as larger organizations chose Aria Systems as their strategic partner to drive and automate recurring revenue streams.

“Recurring revenue streams have become pervasive in the marketplace,” said Mike Morini, CEO at Aria Systems. “Customers are choosing Aria across every major market segment, and industry watchers are recognizing our clear leadership in this white-hot space.”

Customer Success

•  First quarter sales reflect the broad value that the Aria Platform provides, with new customers added across a wide range of verticals including cloud computing and hosting providers, commercial real estate, social media, SaaS B2B, consumer electronics, logistics, and more. New customers added in the first quarter include Roku, Internap, PeopleNet, WebCollage, HootSuite, ASE IT Networks, 1ParkPlace, Motiva79, and many others.

“It was important to us to work with the market leader,” said David Krall, President and COO at Roku. “In our evaluation, Aria had the features and performance that we were looking for in a highly cost-effective and scalable architecture. They have also been flexible in extending aspects of the integration to meet Roku’s needs.”

•  The company saw new projects launched at many existing customers, including notable expansions at:

  • National Electronics Warranty (“NEW”), the leading provider of extended service plans, buyer protection services and product support
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  • Taleo, a leading provider of talent management applications whose customers include 49 of the Fortune 100
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  • Vehix, a one-stop automotive shopping and research site
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  • TimeTrade, the leader in enterprise customer appointment scheduling solutions

•  During the second quarter, the company showcased customer implementations that exemplify the wide range of organizations using cloud billing from Aria Systems to automate a combination of one-time, subscription, usage, and tiered-volume revenue streams.

  • Fuze Box, a leading provider of Internet and mobile based online collaboration solutions selected Aria Platform Enterprise Edition to automate billing and monetization processes across its entire product portfolio.
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  • Internap Network Services Corporation, a provider of end-to-end Internet business products and services around the world, selected Aria Platform Enterprise Edition to automate subscription billing and subscription management for Internap’s self-service Content Delivery Network (CDN) offering.
    •    
  • HootSuite, the Social Media Dashboard, selected Aria Platform Standard Edition to automate monetization of subscription features and services delivered in a “freemium” model that provides a free core offering with additional paid features.

Game-changing Partner Wins and Product and Field Traction

•  The company announced Aria SubscriptionsPlus for PayPal, a new subscription management and recurring billing product designed for PayPal’s global merchant base. Aria SubscriptionsPlus for PayPal gives merchants robust, SaaS-based subscription billing capabilities, enabling them to develop or expand their recurring revenue streams. Merchants interested in the program can apply at http://www.paypal.com/subscriptionsplus or send an e-mail to .(JavaScript must be enabled to view this email address).

•  The company’s partnership with NetSuite continued to blossom, with the companies adding multiple new joint customers in the second quarter. The two companies also continued their close collaboration on product integration, delivering another phase of integration earlier this month.

Awards and Industry Recognition

•  Aria Systems was recognized at TiEcon 2010 as a Top 10 Startup in the Software category. The prestigious TiE50 award recognizes the 50 most promising startup companies from five focus fields: Internet, Biosciences, Cleantech, Wireless, and Software. Aria Systems was one of just ten software vendors and the only SaaS billing vendor to be recognized from a pool of nearly 4,000 applicants.

•  Aria Systems was selected in the list of “Cool Vendors” in the “Cool Vendors in Telecom Operations Management Systems, 2010” report, written by Norbert J. Scholz, Martina Kurth, and Kamlesh Bhatia, Gartner. The full report is available at http://www.ariasystems.com/marketing/cool-vendor/.

A recent IDC report also describes why organizations who are trying to develop new revenue streams would benefit from a SaaS billing platform like Aria’s. “Aria Systems has brought its expertise in large-scale Internet billing and customer monetization processes to businesses that are facing the need to ramp up their online operations to Web scale and Internet speed and that are looking to avoid the substantial up-front investments in hardware, software, customization, and expertise required to craft an online billing solution.”(1) The complete report is available at http://www.ariasystems.com/Marketing/billing-cloud-aria-systems/

“We’ve got incredible momentum right now, and we’re already on-track for a fantastic second half of 2010,” added Mike Morini, CEO at Aria Systems. “We’re in exactly the right position, with market-leading technology in a space that’s growing explosively right now.”

(1) IDC, Models and Opportunities for Billing as a Service in the Cloud Ecosystem: A Look at Aria Systems, Doc # 222026, Feb 2010

About Aria Systems

Aria is the market leader in subscription and recurring billing solutions. Since 2003, Aria has managed over one million accounts in more than 195 countries. Aria’s Billing Platform is the billing industry’s most reliable, flexible and scalable on demand tool for accelerating revenue capture while significantly reducing operating costs. Additionally, having achieved end-to-end Level 1 PCI Compliance and SAS70 Certification, Aria Systems leads the market in security and compliance. Backed by Hummer Winblad Venture Partners, Venrock Associates and Dave Labuda, Founder and former CEO of Portal Software, Aria’s team of SaaS and billing experts are part of a company that billed over 2.5 million customers for $1 billion a year in transactions. Aria Systems is headquartered in Media, PA (metropolitan Philadelphia) and has offices in the San Francisco Bay Area (San Mateo, CA). Aria Systems has been ranked as the 5th fastest growing, privately held company in the Philadelphia region by the Philadelphia 100. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.

Media Contacts

Joy Larkin
Marketing Director
jlarkin@ariasystems.com
484-234-8000 x226
http://www.AriaSystems.com
http://twitter.com/betterbilling