February 9, 2010

Globoforce Named to TechCrunch Europe Top 100 Index

Employee recognition company's innovation and growth results in #10 ranking

DUBLIN, Ireland, and SOUTHBOROUGH, Mass., - February 9, 2010 - Globoforce, the world's leading provider of global, strategic on-demand employee recognition solutions, today announced it was named to the TechCrunch Europe Top 100 Index. The Index, which was created by TechCrunch Europe alongside YouNoodle, ranks the most innovative and highest-potential European tech companies.

Globoforce placed number 10 on this year's list of high-growth tech companies in Europe. Based in Dublin, Ireland, Globoforce helps Global 2000 companies engage and motivate their employees by building strategic recognition programmes that align with and reinforce their company goals and values.

"Since our inception, we made the strategic decision to take a global view in our approach for not only our business model but also better serving the varied needs of current and future global clients," said Eric Mosley, CEO of Globoforce. "This mindset positioned us for success in a crowded marketplace, as it enabled us to help global companies unify their employees and cultures through employee recognition programmes that are built on a global platform but executed locally."

The TechCrunch Europe Top 100 is a regularly updated Index of the most innovative and highest-potential European tech companies. The index has been created in association with YouNoodle Scores. Scores and rankings are based on a sophisticated algorithm using information pulled in from thousands of online sources about early-to-mid stage companies: traffic, mainstream media, funding information sources, the blogosphere, and other key factors.

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Jenna West
Public Relations
jenna.west@workhuman.com

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