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Major Legal Association Summons Hawksearch to Power their Revenue Strategy with Unbound

(Moderate)
(Very Positive)
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Rhea-AI Summary

Bridgeline Digital (NASDAQ: BLIN) announced the selection of its new Hawksearch product by a prominent legal association that has been a long-time Unbound customer. This integration will enhance the association's ability to organize content and offer AI-driven recommendations, boosting online revenue. Hawksearch, introduced this year, aims to increase conversion rates for Unbound users, which is designed for franchises, eCommerce, and large corporations. CEO Ari Kahn highlighted the strong demand for Hawksearch among Unbound customers following recent acquisitions to expand their product offerings.

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Positive

  • Hawksearch integration expected to enhance content organization and AI recommendations for existing customers.
  • Strong demand for Hawksearch suggests potential revenue increase for Bridgeline.
  • Expansion of product portfolio through recent acquisitions may lead to increased market competitiveness.

Negative

  • None.

News Market Reaction – BLIN

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-3.17% Session move

In the trading session that priced this news, BLIN declined 3.17%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WOBURN, Mass., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc. (NASDAQ: BLIN), a cloud-based marketing technology software provider, announced today that their newest Hawksearch product has been chosen by one of the most established legal associations and long-time Unbound customer.

Bridgeline added Hawksearch to their portfolio this year to drive more value for their Unbound customers. The internationally recognized legal association, a premier customer that has used Unbound to drive revenue for more than 5 years, has decided to extend their Unbound integration with Hawksearch for its ability to organize content, faceted navigation, and AI-powered relevant recommendations.

Unbound, an original Bridgeline product, is an ideal platform for franchise, eCommerce, and large-scale corporations to enhance user experience and boost revenue. Hawksearch is an AI-powered site search software that increases online conversion to drive even more revenue by helping customers find the right products for their needs on eCommerce sites powered by Unbound and other platforms.

Ari Kahn, CEO of Bridgeline says, “Bridgeline has made multiple acquisitions this year that bring new products to its customer base to help them drive online revenue. We are excited to see such great demand from our Unbound customers for Hawksearch.”

About Bridgeline Digital

Bridgeline helps companies grow online revenue by increasing traffic, conversion rates, and average order value. To learn more, please visit www.bridgeline.com.

Contact:

Danielle Erwin
VP of Marketing
Bridgeline Digital
press@bridgeline.com


FAQ

What is Hawksearch and how does it benefit Bridgeline Digital?

Hawksearch is an AI-powered site search software designed to enhance user experience by increasing online conversions for eCommerce sites powered by Unbound.

Who is the significant client mentioned in Bridgeline Digital's recent announcement?

The client is a well-established legal association that has been utilizing Unbound for over five years.

What is the significance of the integration of Hawksearch for Bridgeline Digital's customers?

The integration enhances content organization and provides AI-powered recommendations, which can lead to increased revenue.

Which stock symbol is associated with Bridgeline Digital?

The stock symbol for Bridgeline Digital is BLIN.

When was the announcement regarding Hawksearch made?

The announcement was made on December 9, 2021.