Brian O'Keefe Joins Panopticon as Director of Product Management

Stockholm, Sweden - 13 November 2007

Panopticon Software, the leading provider of visual business intelligence software, today announced that Brian O'Keefe has joined the firm in the position of Director of Product Management. He will focus on Panopticon's Visual Business Intelligence and real-time streaming analytics products and will help support the company's expanding sales and development efforts.

Before joining Panopticon, O'Keefe was Director of Financial Analytics of Tibco's Spotfire Division. He has 20 years' experience in financial services, including the management of an institutional portfolio at Putnam Investments where he also traded foreign currencies, futures, bonds, equities and derivatives. In addition, Brian held positions as Director of Sales at a leading alternative trading system (ATS) company and Director of Sales at a Direct Market Access (DMA) electronic broker. His broad experience spans proprietary trading within banks to selling software and services to financial institutions.

O'Keefe stated, "Analysts, portfolio managers and traders have looked to Panopticon's suite of visual applications to gain major competitive advantages and the company has been very successful in that world. I also see many applications for Panopticon's real-time information visualization tools in other industries, including telecom, insurance and pharmaceuticals. Industries are collecting data at fast-increasing rates while reporting and traditional business intelligence tools are falling short on their promises to deliver insights to business users. Panopticon closes this gap by aggregating disparate data stores then delivering customized data sets into a single application for fast, effective visual analysis."

Robert Ekström, CEO at Panopticon Software, said: "Brian brings a wealth of experience to our company. With the significant growth of demand we are seeing from our customers and our OEM partners to use our solution to better manage risk and monitor performance of their businesses, Brian will be instrumental in ensuring that upcoming product releases meets that demand. He will be a key member of our management team as we reach out to more customers."

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