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QlikTech Positioned in the Visionary Quadrant for 1Q06 Business Intelligence Platforms Magic Quadrant; Evaluation Based on Completeness of Vision and Ability to Execute
RADNOR, Penn.--(BUSINESS WIRE)--Jan. 30, 2006--QlikTech, the world's fastest growing business intelligence software company, today announced it has been positioned by Gartner, Inc. 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 organization to operational workers and mangers." 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. "We consider QlikTech's positioning in the visionary quadrant confirmation of our product offerings and business strategy," said Anthony Deighton, vice president of Marketing at QlikTech. "QlikTech's phenomenal growth is fueled 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 optimizing service delivery.

About the Magic Quadrant
The "Magic Quadrant for Business Intelligence Platforms, 1Q06" is copyrighted January 9, 2006 by Gartner, Inc. 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.

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 over 2,850 customers in 58 countries, and adds five new customers each 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 http://www.qliktech.com

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