QlikTech Announces Changes within Executive Leadership Team to More Closely Align R&D and Product Strategy

Anthony Deighton to Assume Role of Chief Technology Officer

Jonas Nachmanson Appointed as Chief Product Strategy Officer

RADNOR, Pa.--()--Qlik Technologies Inc. (QlikTech) (NASDAQ: QLIK), a leader in Business Discovery -- user-driven Business Intelligence, today announced changes to the executive leadership team to more closely align the organization’s R&D efforts with its overall product strategy and vision. Effective September 1, 2011, Anthony Deighton will assume the role of Chief Technology Officer and continue to serve as Senior Vice President, Products, reporting to CEO Lars Björk. Jonas Nachmanson, who most recently served as Chief Technology Officer, will assume the title of Chief Product Strategy Officer and will remain a key advisor to Mr. Deighton and the rest of executive leadership team.

“Jonas has been instrumental in the success of QlikTech, and in his new role will continue to provide thought leadership to the organization as we continue to drive the rapidly growing Business Discovery marketplace,” said Lars Björk.

As Chief Technology Officer and Senior Vice President, Products, Anthony will be responsible for continuing to guide product strategy and lead all aspects of the company’s R&D efforts. The new structure will more closely align R&D with product marketing and strategy to further improve the effectiveness of these teams, enhance the company’s ability to develop QlikView, and extend its user-driven business intelligence leadership position.

“Since joining the organization in 2005, Anthony has been a driving force in defining the product and technical vision of QlikView,” said Lars Björk. “I look forward to continuing to work with him in this new capacity as we continue our path of innovation.”

Prior to joining QlikTech, Anthony Deighton served as the General Manager of Siebel Systems’ Employee Relationship Management (ERM) business unit, among a variety of other product marketing roles at Siebel Systems from October 1999 to January 2005. Prior to joining Siebel, Mr. Deighton worked as a business analyst at A.T. Kearney in Chicago, Illinois. Mr. Deighton received a B.A. in Economics from Northwestern University and an M.B.A. with high distinction from Harvard Business School.

About QlikTech

QlikTech (NASDAQ: QLIK) is a leader in Business Discovery -- user-driven Business Intelligence (BI). QlikTech's powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. The in-memory associative search technology it pioneered allows users to explore information freely rather than being confined to a predefined path of questions. QlikView Business Discovery works with existing BI applications and adds new capabilities: insight for everyone, zero-wait analysis, mobility, an app-like model, remixability and reassembly, and a social and collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving more approximately 21,000 customers in over 100 countries.

QlikTech and QlikView are trademarks or registered trademarks of QlikTech or its subsidiaries in the U.S. and other countries. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements regarding the value and effectiveness of our products, the introduction of product enhancements or additional products and our growth, expansion and market leadership, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “predicts,” “plan,” “expects,” “anticipates,” “believes,” “goal,” “target,” “estimate,” “potential,” “may”, “will,” “might,” “could,” “momentum,” and similar words. We intend all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: risks and uncertainties inherent in our business; our ability to attract new customers and retain existing customers; our ability to effectively sell, service and support our products; our ability to manage our international operations; our ability to compete effectively; our ability to develop and introduce new products and add-ons or enhancements to existing products; our ability to continue to promote and maintain our brand in a cost-effective manner; our ability to manage growth; our ability to attract and retain key personnel; the scope and validity of intellectual property rights applicable to our products; adverse economic conditions in general and adverse economic conditions specifically affecting the markets in which we operate; and other risks more fully described in our publicly available filings with the Securities and Exchange Commission. Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Contacts

Investor Contact:
ICR
Staci Mortenson, +1 484-685-0578
IR@qliktech.com
or
Media Contact:
Qlik Technologies
Maria Scurry, +1 508-409-7939
Maria.Scurry@qliktech.com

Contacts

Investor Contact:
ICR
Staci Mortenson, +1 484-685-0578
IR@qliktech.com
or
Media Contact:
Qlik Technologies
Maria Scurry, +1 508-409-7939
Maria.Scurry@qliktech.com