News

Medallia Announces Financial Results for 2002

PALO ALTO, CA—April 28, 2003—Medallia reported that revenues for the fiscal year ended December 31, 2002, were up 400% compared to the same period the previous year. “Revenues grew many times more than even our most optimistic projections,” said Medallia CEO Borge Hald. “It reflects the real traction we’re gaining in the marketplace.”

About Medallia

Medallia (www.medallia.com), the global leader in SaaS customer experience and enterprise feedback management, provides solutions to Global 2000 companies. More than 50,000 businesses and business units around the world use the Medallia system to track customer satisfaction. Medallia’s solutions enable companies to gather, monitor, and act on feedback from customers, partners, and employees. Customers include global financial services, retail, high-tech, business-to-business, and hotel companies. The company is headquartered in Silicon Valley.

For more information about Medallia’s Customer Feedback Management services or platform, visit www.medallia.com.