SAN BRUNO, Calif., April 20, 2011 (GLOBE NEWSWIRE) -- Responsys, Inc. (Nasdaq:MKTG) today announced the pricing of its initial public offering of 6,619,654 shares of its common stock at $12.00 per share. Of the 6,619,654 shares of Responsys' common stock being offered to the public, 5,500,000 are being offered by Responsys and 1,119,654 are being offered by certain selling stockholders. The underwriters have been granted an option to purchase up to an additional 967,948 shares of common stock from Responsys and up to an additional 25,000 shares from a selling stockholder to cover over-allotments, if any. The shares will trade on The NASDAQ Global Select Market under the symbol "MKTG."
Morgan Stanley & Co. Incorporated and Credit Suisse Securities (USA) LLC have acted as joint book-running managers for the offering, and William Blair & Company, L.L.C., JMP Securities LLC and Pacific Crest Securities LLC have served as co-managers.
A registration statement relating to this offering of common stock has been declared effective by the Securities and Exchange Commission. Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained, when available, from Morgan Stanley & Co. Incorporated at 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department, by calling 1-866-718-1649, or by emailing prospectus@morganstanley.com, or from Credit Suisse Securities (USA) LLC at One Madison Avenue, New York, New York 10010, Attn: Prospectus Department, or by calling 1-800-221-1037.
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of any such state or jurisdiction.
Responsys is a leading provider of on-demand software that enables companies to engage in relationship marketing across the interactive channels customers are embracing today—email, mobile, social and the web.
The Responsys, Inc. logo is available at
CONTACT: Carolyn Love (Public Relations) Responsys, Inc. (415) 867-2301 clove@responsys.com Carla Cooper (Investor Relations) Responsys, Inc. (650) 452-1484 ccooper@responsys.com
