Independent Analyst Research Firm's Evaluation Based on Completeness of Vision and Ability to Execute

Sydney, February 9, 2009  – QlikTech, the world’s fastest-growing Business Intelligence (BI) software vendor, today announced it has been positioned by Gartner, Inc. in the visionaries quadrant in the of the "Magic Quadrant for Business Intelligence Platforms," report.  BI software solution providers are evaluated based on completeness of vision and ability to execute.

“We have never been content to settle with the way traditional players address analytic solutions,” said Anthony Deighton, Senior Vice President of Products for QlikTech.  “Instead, we left the OLAP world behind and created a disruptive product that delivers value quickly and can be used by anyone.”

Deighton continues, “Our unique in-memory associative analysis approach enables QlikView to work the way your mind works and provides customers with the power to unlock data that has long been trapped or out of the reach to average business user. This is what makes our customers such passionate advocates for QlikView and it’s the reason we are the only software company able to offer a 30-day money back guarantee.  While others in the industry struggle, we grew by 50% last year and now have more than 10,000 customers.”

As stated in the Gartner report, “2009 is likely to be a critical year in which the total cost of ownership (TCO) of BI comes under increased scrutiny, and its value as a decision-making tool in the toughest economic conditions is put to the test.”  QlikTech’s award winning business analysis solution, QlikView, gives people the information they need to make optimal decisions today – at a fraction of the cost of traditional BI software.  QlikView works the way the mind works to connect related data from many sources – providing users with the detail they want in just a few clicks.  With applications that can be deployed in hours or days and changes made in minutes, decision-makers can begin using QlikView immediately, without any special training.