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ServiceSource Appoints Ashley Fieglein Johnson Chief Financial Officer

SAN FRANCISCO, CA -- (Marketwire) -- 02/06/13 -- ServiceSourceĀ® (NASDAQ: SREV), the global leader in recurring revenue management, today announced the appointment of Ashley Fieglein Johnson to the role of chief financial officer (CFO). Effective upon the filing of ServiceSource's 10-K for fiscal year 2012, Johnson will be responsible for all aspects of the global financial organization at ServiceSource and reports to Mike Smerklo, chief executive officer and chairman of the board.

Johnson brings over 18 years of finance, strategy and business development experience to this position. Her background includes both investing and financial operational experience with leading technology organizations. Johnson's global business background gives her an in-depth understanding of ServiceSource's worldwide customer base and operations.

"Ashley has been an integral part of the ServiceSource leadership team for the past two and a half years. Her track record as a financial executive and business partner to the rest of the organization makes her a perfect choice to lead the financial aspects of our company moving forward," said CEO Smerklo. "She understands our business and our strategy in addition to bringing outstanding financial acumen."

"I'm honored to accept this position and looking forward to helping the company continue its leadership position in recurring revenue management," said Johnson. "The launch of Renew OnDemand gives us a strong platform for growth and I'm excited about the company's opportunity to maximize recurring revenue for our customers."

About ServiceSource

ServiceSource is the global leader in recurring revenue management. The world's most successful companies rely on us to maximize subscription, maintenance and support revenue, improve customer retention and increase business predictability and insight. ServiceSource delivers results with Renew OnDemand, the world's only cloud application built specifically to manage and grow recurring revenue, which can be combined with our industry-leading services.

With over a decade of experience focused exclusively in growing recurring revenue, our services and applications are based on proven best practices and global benchmarks. The company is headquartered in San Francisco, and has over $8 billion under management for customers in more than 150 countries and 40 languages.

ServiceSource, Renew OnDemand 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.

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Media Contact for ServiceSource:
Paula Reinman
415-901-1177
preinman@servicesource.com

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