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FOR IMMEDIATE RELEASE

QlikTech Confident of Growing Asia Pacific Business

Leading Business Intelligence Vendor Opens Office in Singapore and Commits Resources in Asia Pacific

Singapore, August 31, 2009 - QlikTech, the world's fastest-growing Business Intelligence software vendor according to IDC, has opened an Asia Pacific office in Singapore to grow its business in the region. The vendor is bullish about prospects for growth in sales of its flagship Business Intelligence software, QlikView, in the region despite the current economic conditions.

The company appointed Jason Bissell as the Managing Director of Asia-Pacific to oversee the sales and field operations. He brings 11 years of experience in the Business Intelligence industry and spent the last four years growing QlikTech's channel business in the UK. As part of the efforts to increase its coverage in this market, QlikTech has also put together a regional team offering sales, technical and marketing support to its Asia Pacific partners.

"Asia Pacific is a region which presents excellent growth opportunities for QlikTech and the volume of our business here has consistently moved upwards," said Mr Bissell. "We want to maximize the potential of this region and support our partners with the resources to achieve this."

"We have seen an increase in the number of customers who are keen in using and deploying business analysis solutions for their organizations that gives them the answers they need and doesn't take a long time to implement. QlikView does just that," explained Ashim Berry, Chief Executive Officer of Knowledge Management Solutions Pte. Ltd., QlikView master reseller in South East Asia. "With Jason and his team in place, we know that we can go all out and pursue Singapore's sizable Business Intelligence market."

QlikTech will adopt a channel-centric strategy in the region and will work with its existing master resellers in each country to recruit and enable its partners in the region. "Partners have always been key to us in this region. It is a top priority for us to work with master resellers like Knowledge Management Solutions to bring us more great customers like AON Asia and Robinsons Group," said Mr Bissell.

There are currently more than 650 QlikView customers and over 50 partners in Asia Pacific. According to Gartner, the software markets in Asia Pacific (excluding Japan) are poised for continued growth despite the economic slowdown. The business intelligence market alone, is expected to reach $553.6 million US dollars by 2013.* (Gartner, Inc. "Asia/Pacific Software Forecast Is Positive Despite Global Slowdown"  by Yanna Dharmasthira, Matthew Cheung, Hai Hong Huang, Asheesh Raina, Bhavish Sood, 8 April 2009)


About QlikTech
QlikTech is the world's fastest-growing Business Intelligence (BI) company. Its flagship QlikView product delivers instant business answers, enabling users to easily explore their data without limits. Unlike traditional BI, QlikView delivers immediate value with payback measured in days or weeks rather than months, years, or not at all. It is the only BI offering that can be deployed on premise, in the cloud, or on a laptop or mobile device - from a single user to the largest global enterprise. Through QlikView's disruptive, in-memory associative approach, business users have experienced unprecedented success and satisfaction, backed by its unique 30-day money-back guarantee. QlikTech has more than 11,400 customers in 95 countries and over 800 partners worldwide. For more information, please visit www.qlikview.com.

QlikTech and QlikView are trademarks or registered trademarks of QlikTech International AB. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.




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