QlikTech Announces New Alliance to Help Companies Define Performance Measurements

Business Wire, May 22, 2006

RANDOR, Penn./Leamington Spa, UK -- New Venture with Global Consulting Firm Will Revolutionize the KPI Market

QlikTech, the world's fastest growing business intelligence software company, announced today a new alliance with leading global management, systems and technology consulting company, PA Consulting. The newly formed alliance could revolutionize the way organizations run their current KPI (Key Performance Indicator) metrics.

KPIs have an essential role in every organization as the primary means by which companies measure performance and achievements. However, the whole process of defining KPIs can be a major stumbling block for organizations. One of the main problems is the length of time it takes for organizations to define clearly what their performance measurements are and when they are expected to be evaluated. In this new alliance, PA Consulting will give QlikTech a 'menu' of performance measurement packages, defining each KPI and detailing measurable achievements across different departments within a set timescale.

"Our new alliance is a natural fit - QlikTech supplies the software and technical support for the products, and PA delivers strategic performance management consultancy on processes, people, industry best practice and KPI/balanced scorecard development," said Peter Lumley, head of Enterprise Wide Solutions UK for PA Consulting. "PA has found QlikView to be one of the best products to support a rapid, adaptive and client interactive approach. The software is extremely easy to use and invaluable in its ability to support analysis of large volumes of data to help clients identify savings opportunities and costly data errors."

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

"This is an extremely important alliance that will inspire organizations to adopt new and better working practices, said Jason Bissell, QlikTech UK channel manager. "Businesses will benefit from rethinking their approach to performance management and reviewing their current KPIs and balanced scorecard. Bringing together two organizations committed to challenging and improving the way organizations run their business has produced a powerful proposition."

About PA Consulting Group

PA Consulting Group is a leading management, systems and technology consulting firm. It works with some of the world's largest organizations to design and deliver innovative solutions to a whole range of complex business issues.

Operating worldwide in more than 35 countries, PA draws on the knowledge and experience of 3000 people, whose skills extend from the initial generation of ideas, insights solutions and new technology, all the way through to detailed implementation.

About QlikTech

QlikTech is the world's fastest growing business intelligence software company. QlikTech believes information should be available broadly, affordably, and quickly. QlikTech's flagship product, QlikView, makes sophisticated analysis dramatically easier to deploy, use and maintain. QlikTech's patented technology allows instant, in memory, manipulation of massive datasets on low cost hardware, allowing affordable widespread deployment of highly sophisticated analytic applications in days. QlikView's click-driven, visually-interactive interface is simple for end users to learn and use. QlikView has more than 3,701 customers in 58 countries, and adds 7.5 new customers each working day. In addition to hundreds of small and midsized companies, QlikTech's customers include large corporations such as AstraZeneca, Pfizer, Top Flite, 3M, and The Campbell Soup Company. QlikTech is privately held and venture backed by Accel Partners, Jerusalem Venture Partners, and Industrifonden. Founded in Sweden, QlikTech has subsidiaries in the United States, United Kingdom, Germany, Netherlands, and Scandinavia, and over 100 partners across the world.

For more information on QlikView, please call 1-888-828-9768 or visit www.qliktech.com.