Cvent Wins Coveted American Business Award for Management Team of the Year

MCLEAN, VA – June 24, 2010 - Cvent, the world's largest provider of online event managementmeeting site selection and web survey solutions, today announced it was chosen as the 2010 American Business Award winner for Management Team of the Year. The American Business Awards program, also known as the Stevies®, is the only national, all-encompassing business awards program in the United States and recognizes outstanding performance by executives and organizations across the country.

Cvent's management team was selected for its exemplary cohesion, business acumen and commitment to employees and customers. Specifically, in 2009, the team led the company through a record-setting year, during which Cvent expanded its revolutionary Cvent Supplier Network, saw year-over-year sales growth of 33 percent and hired more than 100 new employees.

Over 2,700 entries were submitted for the 2010 American Business Awards and more than 200 executives nationwide participated in judging to determine this year's finalists and winners. Other 2010 American Business Award winners include Apple, Oracle, Hilton Hotels and AT&T.

In addition to Management Team of the Year, Cvent was also selected as a finalist for: Best Overall Company - Up to 2,500 Employees, Executive of the Year– Computer Services & Software, and Customer Service Department of the Year.

"We know that strong leadership and collaboration are essential when it comes to delivering the very best technology and service for our customers, and we are honored to be recognized with such a prestigious award," said Chuck Ghoorah, Cvent's Co-Founder and Executive Vice President of Sales and Marketing. "While 11 out of 12 members of Cvent's senior management team have been with the company since its inception more than ten years ago, our success over the years can be largely attributed to our more than 650 dedicated employees that build quality technology and provide the top-notch service our customers have come to expect from Cvent."

Cvent was honored, along with the other American Business Award winners, during the annual gala on Monday, June 21 at the Marriott Marquis Hotel in New York City. More than 500 executives from across the U.S. were in attendance.

About Cvent, Inc.

Cvent, Inc. is a leading cloud-based enterprise event management company, with tens of thousands of customers and more than 2,700 employees worldwide. Cvent offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing, and web surveys. Cvent provides hoteliers with an integrated platform, enabling properties to increase group business demand through targeted advertising and improve conversion through proprietary demand management and business intelligence solutions. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events. For more information, please visit Cvent.com, or connect with us on Facebook, Twitter or LinkedIn.