Limelight Networks(R) Acquires SaaS Provider Clickability, Adds Web Content Management...

Mon May 2, 2011 4:01pm EDT

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

Limelight Networks(R) Acquires SaaS Provider Clickability, Adds Web Content
Management to Offer Customers Complete Website Lifecycle in the Cloud

TEMPE, Ariz., May 2, 2011 (GLOBE NEWSWIRE) -- Limelight Networks, Inc.
(Nasdaq:LLNW) ("Limelight") today announced the acquisition of Clickability, a
software-as-a-service (SaaS) provider of web content management (WCM) tools.
Founded in 1999, San Francisco-based Clickability helps enterprise marketers and
online publishers create, manage and publish content globally; track visitor
experiences; and implement branding, social media, and demand generation
campaigns on a website.

"Clickability is a perfect complement to our Limelight Video Platform business,
where we are seeing strong traction and where revenue has doubled since we
acquired it six months ago. Traditional IT services and software applications
are migrating into the cloud for better scale, higher performance, and global
reach. With the addition of web content management, Limelight can now help
customers capitalize on this important trend by handling the complete website
lifecycle in the cloud, including publishing workflow, website hosting, site
acceleration, video publishing, mobile and tablet distribution, and effective
monetization utilizing closed-loop marketing," said Jeff Lunsford, chairman and
chief executive officer, Limelight Networks, Inc.

"This acquisition expands Limelight's total addressable market in cloud-based
services by $1 billion, and the web content management segment is expected by
Gartner to grow to $1.7 billion by 2014. Limelight has built a track record of
successfully integrating other high-value, high-margin cloud-based services. We
look forward to continuing that success with Clickability as they begin to
leverage our technical and operational infrastructure," added Lunsford.

Clickability's web content management and web marketing tools are complementary
with the Limelight video platform, site acceleration, mobility, and EyeWonder
advertising services. With these services together on a single, global platform,
Limelight will be able to deepen its relationships with publishers, enterprises,
and agencies by providing them with streamlined workflows, differentiated
performance, global scale, and insights that can accelerate time to revenue.
Clickability serves over 60 customers in markets such as media, high tech,
financial services, government, and manufacturing, including Amcor, BMC,
Minneapolis Star Tribune, PR Newswire, and Swiss Re.

"With the increasing demand of business buyers and consumers for more content
online, the need for publishing and web marketing capabilities to efficiently
manage that experience increases. In joining Limelight, we will be able to
accelerate our growth and product innovation cycle, as well as have additional
resources and global cloud computing capacity to scale with our growing customer
base," said Jeff Freund, CEO, Clickability.

The transaction was completed with a combination of Limelight Networks common
stock and cash and is valued at approximately $10 million. Limelight expects
Clickability to contribute approximately $4.5 million to $5 million of revenue
in the second half of 2011, and to be accretive in 2012. Catapult Advisors LLC
acted as exclusive financial advisor to Clickability on the transaction.

Safe-Harbor Statement

This press release contains forward-looking statements concerning the company's
operations, financial performance, the integration of business operations and
use of acquired technology and intellectual property. Forward-looking statements
are not guarantees and are subject to a number of risks and uncertainties that
could cause actual results to differ materially including, risks associated with
the integration of acquired business operations and other risks described in the
company's quarter report on Form 10Q and other periodic reports filed with the
Securities and Exchange Commission. The Company assumes no duty or obligation to
update or revise any forward-looking statements for any reason.

About Limelight Networks, Inc.

Limelight Networks, Inc. (Nasdaq:LLNW) provides solutions that enable business
and technology decision makers to profit from the shift of content and
advertising to the online world, the explosive growth of mobile and connected
devices, and the migration of IT applications and services into the cloud. Over
1800 customers worldwide use Limelight's massively scalable software services to
engage audiences, enhance brand presence, analyze viewer preferences, optimize
advertising, manage and monetize digital assets, and ultimately build stronger
customer relationships. For more information, please visit or follow us on Twitter at

Copyright (C) 2011 Limelight Networks, Inc. All rights reserved. All product or
service names are the property of their respective owners.

CONTACT: Paul Alfieri of Limelight Networks, Inc.