Radnor, PA (USA) – November 11, 2008 – With recent recognition from Software Magazine, Inc., Manufacturing Business Technology, Deloitte LLP. and the Philadelphia 100, QlikTech continues to garner validation as the world’s fastest-growing Business Intelligence (BI) software vendor.
Highlights of QlikTech’s and QlikView’s latest accolades include:

• Ranked No. 221 on Software Magazine’s 2008 Software 500 ranking of the world’s largest software and service providers. The Software 500 is a revenue-based ranking of software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.
• Ranked No. 721 on Inc.’s 2008 annual ranking of the 5000 fastest-growing private companies in the country, No. 20 in the Philadelphia metro area and No. 50 in the Software industry. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs.  QlikTech advanced more than 200 places from the 2007 list.  Based on 2007 annual revenue, the company was the third largest among the top 100 Software companies by revenue growth.
• For the second year in a row, named to Manufacturing Business Technology’s Emerging 40 List of software vendors that have enabled innovation and advancement in the Manufacturing, Process Control and Automation industry.
• Ranked No. 9 in Deloitte’s prestigious 2008 Fast 50 Program for Greater Philadelphia, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte LLP, one of the nation’s leading professional services organisations.
• Ranked No. 23 on the 2008 Philadelphia 100 list of the fastest-growing independent and privately held companies in the region, a compilation sponsored by the Philadelphia Business Journal, the Wharton Small Business Development Center and the Entrepreneurs' Forum of Greater Philadelphia.

Lars Björk, CEO of QlikTech, credits the rising number of customer deployments around the world and tremendous market acceptance of the company’s value proposition of simplifying analysis for everyone.  “QlikTech’s growth is based on our customers’ rapid time-to-value with QlikView – which provides fast and affordable analysis so that people can make the right decisions quicker,” said Björk.  “Especially today, people need better visibility in every area of their businesses, and they need to make an impact immediately.”

QlikTech’s award-winning business analysis solution, QlikView, gives people the information they need to make the right decisions today – at a fraction of the cost of traditional BI software.  QlikView brings to light challenges and opportunities by connecting related data from multiple sources and systems for an accurate picture of any aspect of a company’s operations.  In only a few days, companies can create applications, which decision-makers can begin using immediately – without any special training.

“The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,” says John P Desmond, editor of Software Magazine and Softwaremag.com. “It is a quick reference of vendor viability. And the online version to be posted soon at www.Softaremag.com is searchable by category, making it what we call the online catalog to enterprise software.”