Paul Wahl, Former SAP and Siebel Systems Executive, Elected to Qliktech Board of Directors

Paul Wahl, Former SAP and Siebel Systems Executive, Elected to Qliktech Board of Directors

LUND, Sweden, February 8/PRNewswire/ --

- QlikTech Significantly Enhances Industry Experience on its Board



QlikTech Inc., leading provider of powerful and rapidly deployable
business intelligence (BI), analysis and reporting applications, announced
that Paul Wahl has been elected as a member of its board of directors. Wahl,
previously an executive with SAP and Siebel Systems, brings deep industry
and global business experience.



"QlikTech's board of directors is an important competitive advantage for
us, and the addition of Paul Wahl extends the range of skills and experience
we can rely on as we grow" said Måns Hultman, QlikTech's CEO. "Paul brings an
independent voice, and a history of building great companies such as SAP and
Siebel Systems."



The move to add Wahl to the board follows a US$12.5 million venture
capital investment in the QlikTech by Accel Partners and Jerusalem Venture
Partners. QlikTech has an unprecedented opportunity to capture significant
market share in the business intelligence market globally because
corporations face the need to grow despite increasing regulatory pressures.
Faced with these pressures, organizations demand easy-to-use, non-intrusive
access to compliance and performance metrics tracked in operational systems
- QlikTech offers customers the fastest solution to this pressing challenge.



"Never before have I seen a BI solution which allows organizations to
deploy rich analytical applications in a matter of days. QlikTech has
thousands of customers who've done just that," added Wahl. "In speaking with
QlikTech's customers, they are clearly passionate about the impact that
deploying QlikView has had on their business. I am excited about the
opportunity to join the team."



Wahl has held a number of senior executive roles in major enterprise
software businesses and he brings extensive knowledge of global marketing and
operations expansion to QlikTech. Those roles included president and COO of
Siebel Systems, CEO of SAP America and executive vice president of SAP AG.
Mr. Wahl currently serves on the Board of Directors at Agile Software and
Intentia International AB.



About QlikTech



QlikTech is dedicated to simplifying business analysis. QlikTech's
game-changing QlikView application is dramatically easier to deploy and use,
inspiring fervent user adoption by business professionals who require it to
run their organizations. QlikTech's patented technology allows instant, in
memory, manipulation of massive datasets on low cost hardware, allowing
affordable widespread deployment of highly sophisticated analytic
applications in days. QlikView's click driven, visually interactive interface
allows users to discover unanticipated insights hidden in operational systems
with virtually no end-user training. QlikView has over 90,000 users at 1,500
customers in over 40 countries. In addition to hundreds of small and midsized
companies, QlikTech's customers include large corporations such as
AstraZeneca, Pfizer, Top Flite, London Fog, 3M, and The Campbell Soup
Company. QlikTech is privately held and venture backed by Accel Partners,
Jerusalem Venture Partners, and Industrifonden. Founded in Sweden, QlikTech
has corporate headquarters in the United States, and subsidiaries in the
United Kingdom, Germany, and Scandinavia, and over 100 partners across the
world.



www.qliktech.com




Source: QlikTech Inc

Måns Hultman, CEO of QlikTech International, Tel: +46-46-286-27-48, mans.hultman@qliktech.com, www.qliktech.com


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