QuantiSense Expands Executive and Management Teams

Following a Record Year, Leading Retail BI Software Vendor Prepares for Continued Growth with Strategic New Hires

Atlanta, GA, March 24, 2009 – QuantiSense today announced that the company has added three new positions to its executive and management team, continuing the company’s growth and momentum in the retail market. The newest team members for QuantiSense are:

Alan Friedman, Vice President, Professional Services. Alan is responsible for professional services and consulting activities at QuantiSense. Throughout his career, he has led various professional services and software development teams, delivering successful enterprise applications while emphasizing on-time, on-budget delivery. Alan was most recently Vice President of Solutions Delivery at ChoicePoint, Inc., where he managed a professional services and software development team that implemented business critical applications and data warehouses. He has also held executive and management positions at EzGov, Turner Broadcasting System, and Andersen Consulting/Accenture. Alan holds a B.S. in Electrical Engineering from Duke University.

David Landreth, Western Regional Sales Manager. David brings 20 years of experience and success in selling retail technology solutions to his new role at QuantiSense. Formerly with Torex, Dave closed the company’s first-ever business intelligence deal, in addition to merchandise planning and POS systems for retailers. At ProfitLogic and SAS, Dave brought high-end analytics solutions to his retail clients. He has also worked in the retail e-commerce and product lifecycle management spaces at Blue Martini and PTC, respectively. Dave holds a Bachelor of Science degree in BioChemistry from Adams State College.

Troy Cobb, Vice President, Engineering. Troy joins QuantiSense as Vice President of Engineering, with more than 19 years of professional software development management and service delivery experience. His career has included senior positions at Scripps Networks, Choicepoint, and Cox Communications, as well as more than 10 years of successful entrepreneurial ventures in the software, data visualization and network communications fields. Troy holds Bachelor's degrees in both Computer Science and Philosophy from Duke University and an MBA in Business Analysis from Georgia State University.

QuantiSense Reports Record Revenues in 2008

The new hires follow a record year for QuantiSense, which added five new customers in 2008 including two in the fourth quarter. The company has made significant year-over-year revenue gains and has reported record revenue.

2008 also marked QuantiSense’s expansion from the specialty retail market into several other retail verticals such as department store, superstore, and pure-play online retail. The company welcomed some of the largest retailers in the world as new customers, including:

• Reitmans
• Burlington Coat Factory
• Meijer
• Men’s Wearhouse

Additionally, existing customers continued to invest in their QuantiSense implementations throughout 2008. For example, Casual Male Retail Group completed an enterprise expansion and collaborated with QuantiSense Professional Services on its “Business Intelligence Revolution” involving the company’s new Developing Your Playbook practice.

QuantiSense also had a strong presence in RIS News’ 2008 Software LeaderBoard, in which RIS called QuantiSense one of 12 retail technology “Companies to Watch.” Thanks in large part to positive customer advocacy, QuantiSense placed in 15 breakout categories including every breakout category for Tier One retailers.

“QuantiSense is excited about the depth and breadth of experience that Alan, David and Troy bring to our company, and we are grateful to our customers for making 2008 the best year yet for QuantiSense,” said Jeff Buck, CEO, QuantiSense. “Retailers are now looking for solutions that can be implemented quickly and affordably and that provide an immediate ROI – and that’s exactly what QuantiSense delivers. With our new team members, QuantiSense can continue our rapid growth and help retailers gain a competitive advantage by making better business decisions every day.”

About QuantiSense

QuantiSense is the leading provider of business intelligence (BI) and data warehousing applications exclusively for retailers. Customers include Burlington Coat Factory, Casual Male Retail Group, The Guitar Center, Hallmark Cards, Pacific Sunwear, Restoration Hardware, and Spencer’s. Implemented in 100 days, the QuantiSense application features a best-practices retail data warehouse, and ETL designed to integrate quickly with retail source systems and any database platform. Users conduct analysis using QuantiSense's packaged analytics, reports, and role-based dashboards tailored for executives, buyers, planners, allocators, and additional roles throughout the retail enterprise. The revolutionary QuantiSense Playbooks^® empower retailers with a collection of role-based scenarios and situational analysis to drive process throughout the enterprise and guide users to the appropriate actions every time. To learn more, visit QuantiSense at www.quantisense.com.