Company Names Industry Veteran Mouantri to Lead Growth Initiative in the Region
CHELMSFORD, Mass., July 10, 2012 /PRNewswire-Asia/ -- Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of report analytics technology that delivers information optimization solutions, today announced the continued expansion of its international business with the opening of an office in Singapore and the appointment of Business Analytics veteran Karl Mouantri as managing director of Asia-Pacific business operations. The Singapore office will serve as the regional headquarters for the markets of South Asia, North Asia and Japan.
(LOGO: http://photos.prnewswire.com/prnh/20110711/NE33146LOGO )
Mouantri brings a wealth of experience to Datawatch with nearly 25 years in performance management, business development, management consulting and business intelligence services. He joins Datawatch from Endeca Technologies, where he served as managing director of Asia-Pacific, successfully establishing that company's operations throughout the region. Endeca was acquired by Oracle in late 2011. Prior to Endeca, he was a managing director of BPM Partners, responsible for the Asia-Pacific region, and he previously held the post of vice president of Asia-Pacific for Hyperion Solutions, where he was a founder of that company's operations throughout Asia-Pacific.
"More and more enterprises throughout the Asia-Pacific region are recognizing the need to analyze and optimize all types of information, including structured, semi-structured and unstructured data, to improve and enhance their businesses," said Michael A. Morrison, president and CEO of Datawatch. "As a leader in this growing market and emerging segment, Datawatch is now seizing this opportunity to expand our leadership and global presence. Karl is an excellent addition to our team and brings deep business analytics domain expertise and a keen understanding of how to develop significant business operations in the Asia-Pacific region. His success in securing strategic accounts, developing channels and building strategic partnerships, coupled with his extensive understanding of the local and emerging markets will accelerate our growth in the important Asia-Pacific region. Karl understands the unique challenges associated with addressing 100% of the information within organizations, and he will play a critical role in delivering our innovative information optimization applications to customers in this growing region."
"With the power to optimize all types of information and deliver it to everyone throughout the enterprise, the Datawatch information optimization platform is perfectly positioned for the Asia-Pacific region and its emerging markets," said Mouantri, managing director. "In my nearly 20 years in the Asia-Pacific market, I have never found a more compelling and cost-effective analytic solution, one that leverages the investments that organizations have made in reporting infrastructures, Business Intelligence and Big Data to drive better business results. The Datawatch solutions are well-suited for both the developed markets and the emerging markets, and I look forward to working closely with my colleagues at Datawatch to leverage our opportunities in this market."
Mr. Mouantri holds an MBA from Schiller International University in Paris. He also has a Bachelor of Business Administration from Schiller International University in London. A Swedish national, Mr. Mouantri speaks English, French, Italian, German, Swedish, and a good notion of Japanese.
The Datawatch Singapore regional headquarters office will be located at 60B Pagoda Road, Singapore 059219.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) is a leading global provider of report analytics technology that delivers information optimization solutions. Business leaders use Datawatch products and services to access, manage, analyze and act upon 100% of their enterprise information -- regardless of data type, format, source or environment. With Datawatch's information optimization platform, organizations can access structured data, semi-structured data and unstructured data, to deliver complete analytic systems that improve decision-making and accelerate action -- at a fraction of the cost and time of traditional approaches. The company's market-leading technology is used by more than 40,000 organizations worldwide, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney, Singapore and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements, including but not limited to those relating to results of operations, contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; the volatility of Datawatch's stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch's dependence on the introduction of new products and possible delays in those introductions; competition in the software industry; Datawatch's dependence on its principal products; proprietary software technology and software license agreements; risks associated with international sales; risks associated with indirect distribution channels; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; risks associated with acquisitions , including the recent acquisition of intellectual property from Math Strategies; Datawatch's dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch's technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2011 and Form 10-Q for the quarters ended December 31, 2011 and March 31, 2012. Any forward-looking statements should be considered in light of those factors.
Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323
Media Contacts:
Murray Fish, CFO
Datawatch Corporation
murray_fish@datawatch.com
Phone: (978) 441-2200 ext. 8208
Fax: (978) 453-4443
Kellee McGolpin
Datawatch Corporation
kellee_mcgolpin@datawatch.com
Phone: (978) 441-2200 ext. 8238