Mindbody Acquires ClientMagic Software

February 9, 2010, San Luis Obispo – - MINDBODY, Inc. announced today it has acquired ClientMagic Software, a private company based in Folsom, California, that provides scheduling and business management software to salons and spas.

“The acquisition of ClientMagic reflects our strategic focus of expanding our web-based software into hair, nail and skin salons,” said Rick Stollmeyer, founder and CEO of MINDBODY. “ClientMagic shares our values, with a long-time commitment to providing quality software at an affordable price. By combining ClientMagic’s salon expertise with our purely web-based platform, we intend to bring salon owners a host of powerful new features that will increase their revenues and cut their costs.”

MINDBODY’s platform enables salon, studio and spa businesses to manage their schedules, sales, customer relationships and payment processing from any web-accessible computer. Most recently, the company has released a family of iPhone applications that connect new customers and staff members to the business for purchasing and scheduling. A subscription to the Online Business Manager includes daily backups, redundant off-site data storage, automated feature updates and unlimited support seven days per week for as little as $35 per month.

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