updated 6/2/2011 10:47:06 AM ET 2011-06-02T14:47:06

REDWOOD CITY, Calif., June 2, 2011 (GLOBE NEWSWIRE) -- BroadVision, Inc. (Nasdaq:BVSN), the leader in cloud-based social business solutions, today announced one of Italy's leading online banks, Webank ( www.webank.it ) has chosen its Enterprise Social Networking platform Clearvale for its Enterprise 2.0 and Social Business initiatives. Webank is scheduled to make a presentation on this experience at the upcoming Social Business Forum in Milan ( http://www.socialbusinessforum.com/ ) on June 8, 2011.

Webank, who are breaking new ground in the world of social media, have chosen Clearvale Enterprise for a Web 2.0 Ecosystem for their Social Intranet and for several other Social CRM initiatives.

In choosing BroadVision 's Clearvale, Vittoria La Porta, Public Relations and Brand Reputation Manager for Webank, stated, "We are aiming to achieve a flexible boundary between our internal and external stakeholders, and Clearvale was the clear choice to enable us to achieve our goals."

Stefano Gargioli, BroadVision 's General Manager of EMEA commented, "It has been an exciting and challenging project to work with an industry leader and leading light in the world of social business such as Webank, allowing us to showcase our cutting-edge technology and to enable Webank to become even more receptive to the needs and wishes of their customers."

Clearvale™ Enterprise's ecosystem capability will enable Webank to create multiple public and private networks for employees, partners, and customers, all in the cloud and as interconnected as they wish them to be, allowing them to share knowledge and content at multiple spaces and levels, whilst removing the need for isolated silos, and offering the ability to easily navigate from network to network throughout their entire business.

Webank have used Clearvale to launch an innovative initiative: the " Wepad Project " – www.wepadproject.it – where 6 experts brainstormed every week for 4 hours over the course of 6 weeks, with the aim of producing an iPad application to take their interaction with their customers to the next level and to ultimately save them time and money. Each brainstorming session was broadcast live via a webcam and participants were encouraged to contribute by uploading comments, videos and feedback. This was an exciting, interactive and thought-leading initiative that once again places Webank ahead of its major competitors.

About Webank

Founded in 1999 as a service for captive banks of the BPM Group, Webank is today a direct bank and one of the market leaders, dedicated to those who have chosen to maintain a relationship with their bank exclusively via the web. Webank 's history coincides with the history of the internet in Italy: Webank has followed the evolution after reviewing the mode of interaction with its customers. Today, thanks to 10 years of experience, Webank offers a web based management of current accounts and deposit savings, all standard banking transactions, financing and mortgages and platforms to operate Stock Exchange investments, all managed over the Internet.

About BroadVision

Driving innovation since 1993, BroadVision (Nasdaq:BVSN) is an innovative provider of web-based commerce, communication, and collaboration solutions. Our solutions -- including BroadVisionClearvale, the world's first "network of networks" for enterprise collaboration over the cloud -- enable companies around the globe to conduct business on the web. Our customers include Baker Hughes, W.W. Grainger, Hilti, Iberia, Indian Railways Catering and Tourism Company, SINA, Sony, U.S. Navy, Vodafone, Xerox and more. For more information, visit www.broadvision.com

The BroadVision logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5621

Related Links and Conversation

Clearvale Blog

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Clearvale and all its case-sensitive permutations is a trademark of BroadVision, Inc. in the United States and other countries. All other trademarks are the property of their respective companies.

CONTACT: Deborah Yang
         Director of Marketing
         BroadVision, Inc.
         650-331-1000 x 7169
         mediarelations@broadvision.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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