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

Cvent is a leading meetings, events, and hospitality technology provider with nearly 4,000 employees, 30,000 customers, and 300,000 users worldwide. Founded in 1999, the company delivers the most comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create unmatched experiences. Cvent is headquartered in McLean, Virginia, just outside of Washington D.C., and has additional offices in London, Frankfurt, Dubai, Melbourne, New Delhi, and Singapore among others, to support its growing global customer base. The comprehensive Cvent event marketing and management platform offers software solutions to event organizers and marketers for online event registration, venue selection, event marketing and management, virtual and onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the entire event management process and maximize the impact of in-person, virtual, and hybrid events.  Hotels and venues use Cvent’s supplier and venue solutions to win more group and corporate travel business through Cvent’s sourcing platforms and to service their customers directly, efficiently and profitably – helping them grow and own their business. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage millions of meetings and events. For more information, please visit Cvent.com, or connect with us on FacebookTwitter or LinkedIn.