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QlikTech positioned in visionary quadrant for 1Q06 BI platforms magic quadrant

Evaluation based on completeness of vision and ability to execute
Johannesburg, 07 Feb 2006

QlikTech, the world`s fastest growing business intelligence software company, recently announced it has been positioned by Gartner in the visionary quadrant in the 1Q06 business intelligence (BI) platforms magic quadrant report.

QlikTech is part of a new class of easy-to-use, fast and flexible business analysis solutions that empower individuals to improve corporate performance and drive innovation.

According to the Gartner report, "traditionally, BI was just for senior executives and analysts, but many enterprises are extending their BI platform capabilities throughout the organisation to operational workers and managers." The report also states that "the long-term prospects for the market look solid" and the increasing scope of BI platforms to include more users and access more data sources will also perpetuate market growth.

QlikTech`s flagship product, QlikView, extends the company`s vision of simplifying business analysis, offering solutions that can be deployed in days, where users can be trained in minutes, and where end-users have the freedom to be more creative in their analyses.

"QlikTech`s positioning in the visionary quadrant confirms the success of QlikView as a product and this is demonstrated by QlikView South Africa`s strong growth in the past year," said Davide Hanan, MD of QlikView SA.

"QlikTech`s phenomenal growth is fuelled by a fundamental shift in the way companies approach business intelligence. Today`s professionals want BI software which can be deployed in days, where users can be trained quickly, and which empowers people with information."

With the recent release of QlikView 7.2, QlikTech continues to further its vision of simplifying analysis for everyone. Significant enhancements include: bringing the ease of use and simplicity of QlikView to datasets measured in billions of records; and allowing QlikView to be deployed to more users, on more client platforms, more quickly.

According to Gartner, "visionaries" have a clear vision of market direction and are focused on preparing for that, but they can still improve in terms of optimising service delivery.

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The Magic Quadrant

The "Magic Quadrant for Business Intelligence Platforms, 1Q06" is copyrighted 9 January 2006 by Gartner and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner`s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant.

The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

QlikView South Africa

QlikView South Africa is the South African representative and distributor for QlikTech, the Swedish developer of QlikView business intelligence and data analytics software. QlikView is an industry-changing application that is dramatically easier to deploy and use than traditional business intelligence technology. It provides instant, in-memory manipulation of massive datasets on low cost hardware, allowing affordable and widespread deployment of highly sophisticated analytic applications. QlikView South Africa also provides consulting and implementation services to simplify business analysis and to connect more people at all levels in an organisation to the information they need.

For more information about QlikView South Africa, visit www.qlikview.co.za.

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