Monday, February 9, 2009

liveBooks Reports Strong Revenue Growth in 2008 Despite Global Economic Turmoil

Success Credited to Impact of World-Class Marketing Tools on Photographers' Businesses

SAN FRANCISCO, CA--(Marketwire - February 9, 2009) - liveBooks, Inc. (, the leading provider of portfolio websites and marketing software for professional photographers, today reported strong business growth in 2008.

The company saw a 26 percent increase in revenue year over year and, despite a worsening economy, it experienced a particularly strong fourth quarter with 38 percent growth over 2007's year-end quarter.

"We are proud of our achievements in the face of market turmoil," said Andy Patrick, President and CEO of liveBooks. "This success is a testament to our wildly talented and inspiring clients, top-notch employees and continued efforts to provide photographers with innovative and effective resources to build and grow successful businesses. We hear weekly from our clients about how our software is positively impacting their business and their career. Ultimately, that's what matters."

liveBooks' 2008 achievements included:

-- Enhanced search engine optimization features for liveBooks Professional to help photographers increase search ranking without complicated programming

-- An enlightening and engaging free webinar series with tips, insights and best practices from industry experts

-- The relaunch of liveBooks|edu, a student and faculty version of liveBooks Professional with a templated Flash website and editSuite tools for $99/year

-- The launch of Luminance, which combines personalized websites with professionally-produced, promotional videos

-- The addition of search marketing consulting services

-- Establishment of annual payment plans to help customers continue marketing their businesses in a down economy

With its June 2008 announcement of Conscious Communities, liveBooks demonstrated its ongoing dedication to the photo community by strategically aligning the company's numerous educational contributions and philanthropic activities, while maximizing their impact to help drive social change.

Michael Costuros, founder of liveBooks, said, "We are very fortunate to work in a market that not only enables us to build a successful business, but also allows us to make a difference in the world."

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