National Not-for-Profit Brings Business and Entrepreneurship Education to 225,000 Children around the World

SANTA CLARA, Calif. (April 09, 2009) –

LiveOps today presented its first Foundation grant for 2009 to The BizWorld Foundation, a not-for-profit organization whose mission is to challenge and engage children across the cultural and economic spectrum through experiential learning programs that teach the basics of business, entrepreneurship, and money management and promote teamwork and leadership in the classroom.

“We are extremely impressed by the work BizWorld is doing to provide real-world context to classroom education for children worldwide,” said Maynard Webb, chairman and CEO, LiveOps. “The LiveOps Foundation’s goals are to reduce the barriers for those in the community that desire to make a better life for themselves by providing resources and services that support them in their quest for meaningful work. BizWorld provides fundamental life and work skills at a critical age in a child’s development; consequently, they are developing and shaping the workforce of the future.”

“By supporting innovative entrepreneurial education, LiveOps is inspiring the next generation of entrepreneurs,” states Catherine Hutton Markwell, CEO and executive director of The BizWorld Foundation. “Current economic conditions have brought forth teachable moments for our children; LiveOps recognizes the importance of teaching finance and business to our youth, for our future.”

Started in 1997 by venture capitalist Tim Draper, The BizWorld Foundation develops curriculum that teaches elementary and middle school children exciting and pertinent concepts of business, entrepreneurship, and money management in the classroom, bringing 21st century skills into classrooms around the world.

In the BizWorld program, students work in teams to start and run their own businesses in a simulated friendship bracelet industry. Taking on different leadership roles, students learn the basics of business and entrepreneurship as they apply for jobs, design, manufacture, market, and sell their products in the BizWorld marketplace. In the BizWiz program, students play the roles of analysts, controllers and traders to learn the basics of saving and investing. Working in teams, students set financial goals, analyze forecasts, create a diversified portfolio, track their investments, and allocate assets and trade.
LiveOps Recognized As “Company of the Year” for its Community Programs

LiveOps was named “Company of the Year” for 2008 by the Entrepreneurs Foundation, a San Francisco Bay Area organization, for its commitment to making philanthropy and its community service programs integral to the company’s brand and culture. 2009 is proving to be another great year for LiveOps community efforts which to date have included grant award to The BizWorld Foundation, Valentine’s Day Blood Drive with the Red Cross, Project C.U.R.E., Second Harvest Food Drive and volunteer work with the San Jose chapter of The Boys & Girls Club of America.
LiveOps Foundation

The company built the LiveOps Foundation on three cornerstones of giving. LiveOps has set aside approximately one percent of current outstanding shares to be used to fund the Foundation after a liquidity event. In addition, LiveOps offers gifts of cash supporting grants for organizations that their employees support, grants for philanthropic business partners and an employee matching gift policy. Lastly, LiveOps offers the gift of time by enabling its employees to volunteer on average 1 percent of their time to an organization of their choice, or participate in a company-sponsored event.
About LiveOps, Inc.

LiveOps is a rapidly growing technology company offering two innovative solutions for enterprises: Contact Center in the Cloud, a SaaS technology platform for managing contact centers, and Workforce in the Cloud, an on-demand workforce for outsourcing call center calls. LiveOps On-Demand Contact Center platform brings the value of cloud computing to the contact center by enabling enterprises to rapidly deploy an always-on and instantly scalable contact center infrastructure in a pay-per-use model that enables customers to achieve greater operational and cost efficiencies. LiveOps uses this same technology platform everyday to successfully run the largest virtual call center with over 20,000 independent agents. LiveOps provides enterprises with the on-demand call center platform and community of on-demand independent agents to quickly achieve better business results. The company is headquartered in Santa Clara, California.

Source: LiveOps