Siperian Continues Strong Financial Performance

Vertical Market Expansion, Successful Partner Enablement, Industry Recognition and Solid Sales Contribute to Ongoing Profitability

FOSTER CITY, Calif., Nov. 4 /PRNewswire/ -- Siperian, Inc., a leading provider of multidomain master data management (MDM) solutions, today announced significant financial growth and support of its Siperian MDM Hub(TM). In 2009, the Company significantly increased its annual revenue, added a record number of new customers, expanded into new vertical industries, and continued to solidify relationships through its partner enablement program.

Siperian's year over year revenue increased more than 75% in the last four quarters. The Company is profitable and has experienced significant new customer growth and furthered relationships with current customers. More than 1 in 5 of the Company's existing customers has extended their initial MDM footprint to include additional domain types, geographies, or to create an enterprise-wide deployment. Siperian's MDM technology now helps organizations across fifteen vertical markets, including Pharmaceuticals, Medical Devices, Biotech, Banking, Technology, Consumer Packaged Goods, Electronics, Insurance, Manufacturing, Oil & Gas, Chemicals, Publishing, Media, Automotive, and Waste Management.

According to an October, 2009 report by 451 Group titled, Siperian Eyes Business Audience For Multi-Domain MDM Stack Using New Content Focus, "A good chunk of revenue is reportedly from repeat business with existing clients in its target market - large enterprises with $1B or more in sales - and its revenue mix has also shifted more toward license sales in the past year."

Siperian's partner ecosystem continues to drive significant business for the organization as 9 out of 10 sales pursuits involved alliances this past year. The Company's highly successful Partner Enablement Initiative also has generated an ongoing level of innovation from its partners and provides an opportunity for them to build viable and replicable business solutions and high margin revenue from the Siperian MDM Hub platform.

In a July 21, 2009 independent Forrester Research, Inc. report titled, It's Time To Revisit Product Information Management (PIM), Rob Karel, principal analyst and author of the report wrote, "Of all MDM solutions, Forrester believes that Siperian's MDM Hub has most effectively demonstrated its ability to support multiple data domains -- including customer and product -- within a single platform."

Siperian MDM Hub was also named the Product of the Year in the Master Data Management category by SearchDataManagement.com. Ranked a gold winner, the editorial staff and a team of industry analysts and consultants gave Siperian MDM Hub high marks, particularly for its performance, innovation and functionality. Moreover, one judge described the Siperian MDM platform as a "business-model driven, highly functional product with large implementations."

"We help some of the world's largest organizations leverage data assets to their strategic advantage," commented Peter Caswell, Siperian president and CEO. "Siperian's strong performance and momentum are evidence of the increased importance organizations are placing on resolving and managing their multiple data domains and how critical this is to their business processes."

About Siperian, Inc.

Siperian's multidomain Master Data Management (MDM) software solution provides a reliable and unified view of critical customer, product, supplier, and employee data to business users in Global 500 companies across 15 different industries. The Siperian solution meets the needs of data-intensive companies by enabling them to improve access to real-time information from distributed data sources. Through this unified view, organizations can achieve enhanced customer relationship management, regulatory compliance, and order-to-cash processes. Siperian's MDM Hub(TM) is a flexible and integrated software platform that significantly lowers total cost of ownership and delivers faster time-to-value and superior return-on-investment.

With corporate headquarters in Foster City, California, Siperian has offices throughout the United States and in Toronto, Canada; the Company's EMEA operation is headquartered in London. To learn more about Siperian visit www.siperian.com or call 1-866-747-3742.

Siperian and Siperian MDM Hub are trademarks of Siperian, Inc. The names of actual companies or products mentioned herein may be the trademarks of their respective owners.

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SOURCE Siperian, Inc.