Redwood City, CA — March 4, 2010 — Zuora, Inc., the fastest growing on-demand subscription billing and payments service, announced that their flagship Z-Billing application has been named Best Software-as-a-
Service Finalist by the 2010 CODiE Awards. Zuora was the only billing and subscription commerce solution to receive such honors.

“Product does everything the company claims”

One hundred eighty-eight products from 136 companies were selected as finalists from more than 785 nominations submitted by 374 companies. Nominated products underwent an intensive review by subject-matter experts, analysts, journalists, and other judges with deep experience in the field.

After reviewing Zuora’s product, one judge praised Z-Billing’s “clear value proposition as well as its easy navigation and flexibility for customization. Great product!” Another judge commented that the product is “highly customizable for different scenarios, with great back-end connectivity. The product does everything the company claims.”

“At Zuora, we came to market with a big vision of creating a billion dollar industry by helping companies build, manage, and grow subscription businesses,” said Tien Tzuo, CEO of Zuora. “Being named as a CODiE finalist after a thorough review of the product by expert judges proves that we are delivering on this vision.”

About Zuora, Inc.

Zuora’s subscription billing and commerce platform changes the way subscription businesses manage and sell to customers, allowing them to bring new products to market in less time, with more flexibility and less hassle. Zuora customers are up and running within 90 days and often recognize 200% ROI within weeks. Zuora is built from the ground up by SaaS industry visionaries and veterans from salesforce.com, WebEx, Accenture, Google, eBay, Oracle and Vitria. Zuora customers include Reed Business Information, Coremetrics, InsideView, Marketo, Ricoh, Box.net, Xactly, HD Cloud, Cloud Central and Sun Microsystems. To learn more about Zuora, please visit zuorainternprd.wpengine.com.