LogMeIn Customers Win 2014 Technology ROI Awards From Nucleus Research for Rescue and join.me Deployments

By GlobeNewswire,  July 14, 2014, 09:00:00 AM EDT


BOSTON, July 14, 2014 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (Nasdaq:LOGM) has announced that two of its customers BTS and Rice Toyota, were named 2014 recipients of Technology ROI Awards from Nucleus Research for their join.me and Rescue implementations which resulted in considerable returns on investment for both organizations.

The 11th Annual Technology ROI Awards recognize the top ten companies whose deployments of IT solutions have produced tremendous value per dollar spent (ROI). BTS, a strategy implementation firm, adopted join.me for web conferencing, enabling the company to reduce expenses and improve employee productivity and collaboration. According to Nucleus' research, this resulted in a 741% ROI.

Rice Toyota implemented LogMeIn Rescue to accelerate the resolution of IT helpdesk tickets by remotely accessing employees' computers, driving greater IT and general staff productivity and better business continuity. As a result, Nucleus Research estimated that Rescue saved Rice Toyota's IT 9.3 hours per week on support issues, equating to a 1,172% ROI—making this Rescue deployment one of the six of ten winners that achieved a return in excess of 1,000%.

"LogMeIn has always created intuitive and innovative solutions that make it easier for people to quickly collaborate, engage, and solve their business challenges. Rescue and join.me are incredibly simple solutions that are easy to implement, deploy, and scale for organizations and individual users," said Matt Kaplan, Senior Vice President of Products at LogMeIn. "We are fortunate to work with customers like BTS and Rice Toyota, and we congratulate them for the impressive ROI and positive operational results they achieved."

ROI was calculated by Nucleus Research during individual case studies of BTS and Rice Toyota. Nucleus calculated the costs of software subscription, initial pilot, and ongoing support over a 3-year period to quantify the BTS investment in its deployment of join.me. Nucleus calculated the costs of software subscription and the initial personnel time to quantify Rice's investment in Rescue. For more information, please visit ROIAwards.com.

About LogMeIn, Inc.

LogMeIn (Nasdaq:LOGM) transforms the way people work and live through secure connections to the computers, devices, data, and people that make up their digital world. The company's cloud services free millions of people to work from anywhere, empower IT professionals to securely embrace the modern cloud-centric workplace, give companies new ways to reach and support today's connected customer, and help businesses bring the next generation of connected products to market. LogMeIn is headquartered in Boston'sInnovation District with offices in Australia, Hungary, India, Ireland, and the UK.

LogMeIn is a trademark of LogMeIn in the U.S. and other countries.

CONTACT: Craig VerColenLogMeIn
         +1-781-897-0696
         press@logmein.com

Source: LogMeIn, Inc.

This article appears in: News Headlines

Referenced Stocks: LOGM


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