Exhibit 99.1
Vocus Announces Record Results for Fourth Quarter and Full Year 2005
Quarterly Revenue up 41% to $7.9 million and Annual Revenue up 38% to $28.1 Million over the Prior Year
LANHAM, MD: February 6, 2006
— Vocus, Inc. (NASDAQ: VOCS), a leading provider of on-demand software for corporate communications and public relations, announced today financial results for the fourth quarter and full year of 2005 and initiated guidance for the first quarter and full year of 2006.
    Revenues for the quarter were $7.87 million, which represents a 41% increase over the prior year and an 8% increase over the prior quarter. For the fiscal year, revenues were $28.06 million, which represents a 38% increase over the prior year;
 
    GAAP loss from operations was $(386,000) for the fourth quarter of 2005 and $(949,000) for the fourth quarter of 2004. GAAP net loss attributable to common stockholders was $(785,000) for the fourth quarter of 2005 and $(1.28) million for the fourth quarter of 2004 or $(0.11) and (0.31) per basic and diluted share, respectively;
 
    Non-GAAP income from operations for the quarter was $57,000 compared to non-GAAP loss from operations of $(492,000) in the same period a year ago. Non-GAAP net income for the quarter was $28,000 or $0.00 per diluted share compared to non-GAAP net loss of $(420,000) or $(0.05) per diluted share in the same period a year ago. These non-GAAP financial measures exclude amortization of intangible assets, certain stock-based compensation, accelerated amortization of prepaid royalty fees and contract termination costs and accretion of preferred stock. All of these charges are included in Vocus’ GAAP results;
 
    During the quarter the Company added 92 net new customers and ended the fiscal year with 1,384 total active customers;
 
    Total deferred revenue as of December 31, 2005 was $20.70 million, compared to $16.05 million at December 31, 2004;
 
    Cash flow from operations was approximately $1 million for the quarter.
“We are proud to report a strong fourth quarter for Vocus, one that exceeded our expectations across all key financial metrics,” said Rick Rudman, president and CEO, Vocus, Inc. “In addition to our record financial performance, we were also able to make substantial investments during the year, which we believe have positioned us well for continued success in 2006. Our ability to consistently grow our business is a testament to our innovative solutions and to the large market for Corporate Communications and Public Relations software.”
Vocus is providing, for the first time, first quarter and full year 2006 guidance based on information as of February 6, 2006:
    For the first quarter of 2006, revenue is expected to be in the range of approximately $7.9 million and $8.1 million. Non-GAAP EPS, which excludes the amortization of intangible assets and stock-based compensation relating to FAS 123R is expected to be in the range of break-even to $0.01 assuming an estimated weighted average 16.6 million diluted shares outstanding and an estimated effective tax rate of 5%. Amortization of intangible assets and stock-based compensation, reflecting the adoption of FAS 123R, is expected to be $0.05 per share. GAAP EPS is expected to be in the range of $(0.05) to $(0.04) assuming an estimated weighted average 15.1 million basic shares outstanding.

 


The following information was filed by Vocus, Inc. (VOCS) on Monday, February 6, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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