Liferay Continues Global Expansion with New Office in Budapest, Hungary

* Reuters is not responsible for the content in this press release.

Tue Apr 6, 2010 1:00pm EDT

Open Source Leader Extends Footprint to Central and Eastern Europe
LOS ANGELES--(Business Wire)--
Liferay, Inc., provider of leading open source portal software for the
enterprise, recently inaugurated a new office in Budapest, Hungary as part of
its ongoing global growth strategy. The new office will act as a strategic
development center and will also provide training, consulting, and support
services to the Central and Eastern European markets. 

The investment comes as Liferay, Inc. enjoys strong growth for its Liferay
Portal Enterprise Edition subscription, with four consecutive quarters of
bookings growth, including 37% growth in Q1 2010 over Q4 2009. To most
effectively meet this market demand, the company drafted the Hungarian team
directly from its global open source and business communities. The team`s proven
experience with Liferay's technologies has allowed it to immediately enhance
customer experience and add valuable multi-lingual skills to aid in the
company's outreach to customers in the region. 

"We are very excited to be an official part of the Liferay team," said Zsolt
Berentey, General Manager of Liferay Hungary. "Liferay's popularity has scaled
significantly in Europe and we are eager to assist in its continued adoption and
growth." 

In addition to meeting present-day demands for Liferay products and services,
Liferay Hungary will also play a key part in cultivating Liferay's community in
Hungary and Eastern Europe. 

"Our team in Hungary has a long-standing investment in Liferay and has hit the
ground running, showing once again that business models based on open source
principles provide value to customers that proprietary vendors cannot match,"
said Bryan Cheung, CEO of Liferay, Inc. "We wholeheartedly welcome our new team
and look forward to more explosive growth in 2010." 

For more information about Liferay's products and services, visit
www.liferay.com. 

About Liferay, Inc.

Liferay, Inc. is the provider of leading enterprise open source portal and
collaboration software products, recognized by Gartner in the Magic Quadrant and
used by Fortune 500 companies worldwide, including Allianz, AutoZone, Benetton
Group, Cisco Systems, Lufthansa Flight Training, The French Ministry of Defense,
and the United Nations. Liferay, Inc. offers professional services, technical
support, custom development and professional training to ensure successful
deployment in the most demanding IT environments. For more information, please
visit www.liferay.com.

Liferay, Liferay Portal, and the Liferay logo are trademarks or registered
trademarks of Liferay, Inc., in the United States and other countries.

Liferay, Inc.
Alice Cheng
1-877-LIFERAY
pr@liferay.com
or
Liferay Hungary
Akos Gabriel, General Manager
akos.gabriel@liferay.com

Copyright Business Wire 2010

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