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Hearsay Social CEO and Bestselling Author Clara Shih Named One of FORTUNE Magazine’s Most Powerful Women Entrepreneurs

September 15, 2011 – San Francisco, CA – Hearsay Social, the leading social media management solution to address compliance and relationship management for distributed sales forces, today announced that its co-founder and CEO, Clara Shih, is one of 10 female entrepreneurs recognized by FORTUNE Magazine as an extraordinary innovator, game-changer, and groundbreaker poised to lead large, global businesses. As one of the Most Powerful Women Entrepreneurs, Ms. Shih will participate in this year’s FORTUNE Most Powerful Women Summit, October 3-5 in Laguna Niguel, California.

“I am humbled and honored to be included in such a select group of amazing women,” said Ms. Shih. “FORTUNE has long celebrated the accomplishments of women in business. I look forward to sharing with and learning from the esteemed group convening at this year’s Most Powerful Women Summit.”

In addition to co-founding and running Hearsay Social, Ms. Shih is the author of the New York Times-featured bestselling book The Facebook Era, Tapping Online Social Networks to Market, Sell and Innovate, as well as the recent eBook, How to Make Money Marketing Your Business on Facebook, published and distributed by the Financial Times. Ms. Shih also created the first business application for Facebook in 2007.

The premiere gathering of its kind, FORTUNE’s Most Powerful Women Summit—now in its 13th year—is by invitation only and features a unique format: no speeches, all lively panel discussions, on-stage conversations, and interactive breakout sessions. A list of 2011 speakers can be found at www.fortuneconferences.com.

To learn more about FORTUNE’s Most Powerful Women Entrepreneurs 2011, please visit postcards.blogs.fortune.cnn.com.

About Hearsay Social

Hearsay Social is the first comprehensive social media solution for enterprises, addressing regulatory compliance and relationship management for distributed sales forces. We empower brands with many local agents, reps, or store employees to grow revenue and deepen customer relationships through social media.

Located in San Francisco, Hearsay Social is backed by Sequoia Capital, NEA, and top executives from Twitter, Facebook, and YouTube. The company was co-founded by former Microsoft executive Steve Garrity and former Google and Salesforce.com executive Clara Shih. In 2007, Shih developed the first business application on Facebook and subsequently authored the New York Times-featured bestselling book on enterprise use of social media, which has been translated into nine languages and is used as a textbook at Harvard Business School. For more information, please visit us at:

Press inquiries

Stephanie Gnibus
408.776.9727
pr@hearsaysocial.com

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