Yext Unveils Major Washington, D.C. Area Expansion, Plans to Create Five Hundred New Tech Jobs in Northern Virginia

ROSSLYN, Va., Feb. 21, 2019 /PRNewswire/ -- Yext, Inc., the leader in Digital Knowledge Management (DKM), has revealed its new Washington, D.C.-area headquarters and its plan to hire five hundred people over five years, accelerating Northern Virginia's tech boom. A 42,500 square foot office space at 1101 Wilson Boulevard in Rosslyn, Virginia, the Yext office will be home to the company's rapidly growing footprint in the area, underscoring the Washington, D.C. area's growth as a major tech hub.

"Yext is experiencing rapid growth as we create the groundbreaking technology businesses need to provide perfect answers in the services consumers use to find them. Growing our presence in the D.C. area is a critical step in continuing that momentum," said Howard Lerman, Yext Founder and CEO. "We plan to create five hundred jobs in Greater D.C. in the coming years for talented, creative people who want to build a new technology category, so we are establishing a brand new, state-of-the-art space to fuel our growth today and well into the future."

Yext will occupy the top three floors of 1101 Wilson Boulevard, as well as the building's roof terrace. The Yext office will have an open floor plan, fully stocked kitchens, and offer free meals to all employees. Heralding the continued emergence of Yext as one of the country's fastest-growing technology companies, the Yext logo at the top of the building will be visible from Washington across the river, and for miles around.

The new office will be the launchpad for the company's continued rapid growth in Northern Virginia and the D.C. area. 1101 Wilson is a cutting-edge, LEED-Gold certified building with views of downtown Washington, the Capitol Dome, the Washington Monument, and the Potomac River. The building features a gym, bike storage, a lounge, onsite market and cafe and other amenities, and is located on the Rosslyn Metro stop.

Lerman is a Virginia native and a graduate of the Commonwealth's prestigious Thomas Jefferson High School for Science and Technology, along with eighteen other Yexters, including CTO Tom Dixon, CIO Sean MacIsaac, and Head of Research and Development Kevin Caffrey.

Lerman added, "Washington, D.C. and Northern Virginia are emerging as one of the country's major hubs for tech talent, which was a key factor in our decision to expand in the area. Our new office will be a key foothold as we continue our global growth."

Want to join the Yext team? Visit Yext Careers to learn more.

About Yext:

Yext, Inc. (NYSE: YEXT) is the leading Digital Knowledge Management (DKM) platform. Our mission is to give companies control over their brand experiences across the digital universe of maps, apps, search engines, voice assistants, and other intelligent services that drive consumer discovery, decision, and action. Today, thousands of businesses including brands like Taco Bell, Rite Aid, and Steward Health Care use the Yext Knowledge Engine™ to manage their digital knowledge in order to boost brand engagement, drive foot traffic, and increase sales.

Yext has been named a Best Place to Work by Fortune and Great Place to Work^® as well as a Best Workplace for Women. Yext is headquartered in New York City with offices in Berlin, Chicago, Dallas, Geneva, London, Paris, San Francisco, Shanghai, Tokyo and the Washington, D.C. Area. For more information, visit yext.com.

Forward-Looking Statements

This release includes forward-looking statements including, but not limited to, statements regarding plans to hire employees and the growth of our business in the D.C. area. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expect," "plan," "seeks to" or the negative of these terms or other comparable terminology. Actual events or results may differ from those expressed in these forward-looking statements, and these differences may be material and adverse.  These forward-looking statements are subject to a number of risks, including but not limited to those detailed in our filings with the Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K. We undertake no obligation to update any forward-looking statements after the date hereof or to conform such statements to actual results or revised expectations, except as required by law.

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SOURCE Yext, Inc.