Bazaarvoice, Inc. Prices Initial Public Offering

Thursday, February 23, 2012

Bazaarvoice, Inc. (NASDAQ:BV), a leading provider of social commerce solutions that help clients capture, display and analyze online word of mouth, today announced its initial public offering of 9,484,296 shares of its common stock at a price to the public of $12 per share. The shares will begin trading on February 24, 2012 on the Nasdaq Global Market under the ticker symbol “BV.” Of the shares in the offering, 9,000,000 shares are being offered by Bazaarvoice, and 484,296 shares are being offered by selling stockholders. In addition, Bazaarvoice and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,422,645 shares of common stock at the same price per share to cover over-allotments, if any. Bazaarvoice will not receive any proceeds from the sale of shares by the selling stockholders.

Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC are serving as joint book-running managers for the offering, with Piper Jaffray & Co., Pacific Crest Securities LLC and BMO Capital Markets Corp. acting as co-managers.

A prospectus for the offering, when available, may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by email at prospectus@morganstanley.com, or by phone at (866) 718-1649; Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, New Jersey 07311-3988, by email at prospectus.cpdg@db.com, or by phone at (800) 503-4611; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, by e-mail at newyork.prospectus@credit-suisse.com, or by phone at (800) 221-1037.

A registration statement relating to shares of the common stock of Bazaarvoice, Inc. has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may 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 securities laws of any such state or jurisdiction.
About Bazaarvoice

Bazaarvoice is a leading provider of social commerce solutions that help its clients capture, display and analyze online word of mouth, including consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos and other content about its clients’ brands, products or services. Bazaarvoice enables its clients to place consumers at the center of their business strategies by helping consumers generate and share sentiment, preferences and other content about brands, products or services. Through its technology platform, Bazaarvoice’s clients leverage online word of mouth to increase sales, acquire new customers, improve marketing effectiveness, enhance consumer engagement across channels, increase success of new product launches, improve existing products and services, effectively scale customer support and decrease product returns.