February 18, 2009 13:18 ET

Jedox Appoints New Vice President Global Sales and Marketing

FREIBURG, GERMANY--(Marketwire - February 18, 2009) - Jedox, which develops and sells planning, analysis and reporting solutions based on commercial Open Source, announced the appointment of Markus Roithmeier as Vice President of Global Sales and Marketing to lead the worldwide sales and marketing activities for the company.

Markus Roithmeier, who holds a degree in Business Administration, has worked in the software industry in sales and marketing management for over 15 years. As the former CEO and member of the management team of Qlik Tech, he brings to Jedox an extensive background in the BI field. While at Qlik Tech, Mr. Roithmeier was responsible for the Central European market and the international SAP Competency Center, and made significant contributions to the company's growth and success. Prior to Qlik Tech, Markus Roithmeier gained experience in building and developing international sales organizations while working as a Senior Consultant for the UK-based PA Consulting Group.

Under the new leadership of Mr. Roithmeier, Jedox strives to further expand its business in the D-A-CH (Germany - Austria - Switzerland) region, but also focus globally on the expansion of its organisations in France and the UK, as well as its international partner network.

"The uniqueness of Palo, Jedox's Open Source BI solution for analysis, reporting and planning, and Jedox's future-oriented business models, like its 'Software as a Service' (SaaS), measure up to the current market trends and provide the ideal basis for strong growth abroad," says Roithmeier.

Kristian Raue, CEO of Jedox, says, "I am very pleased with the appointment of Markus Roithmeier, who brings great expertise in the BI field to give support to Jedox's future expansion. We have been able to win many significant customers in the D-A-CH region and we now look forward to implementing our international expansion strategy."

About Jedox

Jedox, founded by Kristian Raue in 2002, is one of the world's leading suppliers of open source-based Business Intelligence and corporate performance management solutions. Jedox' core product, Palo, accommodates the entire range of BI requirements including planning, reporting and analysis. Twenty per cent of DAX 30 companies and many other organizations in Germany and abroad have implemented Jedox solutions including well-known companies such as Quelle, Clariant Switzerland and Nycomed Germany. Internationalization and diversification in the field of Commercial Open Source Software are main objectives for continued growth. The company employs 60 people at its headquarters in Freiburg.

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