QlikTech Promotes Les Bonney to Chief Operating Officer

RADNOR, Pa.--(BUSINESS WIRE)-- Qlik Technologies Inc. (QlikTech) (NASDAQ: QLIK), a leader in Business Discovery™-- user-driven Business Intelligence, today announced that Les Bonney has been promoted to its newly created Chief Operating Officer position. Mr. Bonney will continue to report to QlikTech CEO Lars Björk and will continue to have responsibility for all global sales and field operations for the company.

"Since joining QlikTech in 2005, Les has consistently demonstrated his strategic leadership capabilities, growing and managing our global sales and field operations in order to capture significant growth," said Bruce Golden, chairman of the Board of Directors of QlikTech. "As Chief Operating Officer, Les will leverage his skill sets to further scale QlikTech's sales operations and improve efficiency and effectiveness of these revenue generating teams. I congratulate Les on his promotion and look forward to continuing to work with him and the rest of the executive team."

Prior to joining QlikTech, Mr. Bonney served as Senior Vice President and General Manager Europe, Middle East and Africa markets of StreamServe, a document management company. Mr. Bonney is also formerly a Vice President for Northern Europe, Eastern Europe, Middle East and Africa, for Siebel Systems where he successfully managed the business from startup to a market leader. Prior to Siebel, he was Vice President and General Manager for Oracle Corp, responsible for establishing Oracle's presence in Eastern Europe and managing Oracle's Middle East and Africa businesses. Mr. Bonney received a B.Sc. in Marine Biology from James Cook University.

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 approximately 18,000 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.

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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.

Investor Relations Contact:
ICR
Staci Strauss Mortenson, 484-685-0578
IR@qliktech.com

Source: Qlik Technologies Inc.

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