DECIMAL Expands its Canadian and US Sales Force by Adding Derek Sandison and Derek McMahon

Two key appointments to the sales team bring years of successful industry experience to DECIMAL.

MONTREAL, May 9 /PRNewswire/ - DECIMAL, a leading provider in cost and profitability management solutions and related professional services, announces the appointment of Derek Sandison as Vice President, Strategic Alliances, and Derek McMahon as Senior Manager, Business Development. Sandison and McMahon will be responsible for overseeing DECIMAL activities in Canada and the United States and for maintaining consistent revenue growth.

Derek Sandison brings to DECIMAL years of experience in the field of balanced scorecards, business modeling and advanced cost management. He was previously founder and CEO of Sapling Corporation. When Sapling was acquired by Hyperion, Sandison formed Hyperion's Performance Management Division with a particular focus on expanding Performance Management solutions internationally. Hyperion was later acquired by Oracle and the original Sapling applications are now part of Oracle's Enterprise Performance Management solutions.

Derek McMahon brings to DECIMAL over 20 years of sales experience in a variety of senior positions. He is a top-performing professional in the sale of strategic IT solutions to major corporations and government accounts. Experienced in managing complex sales processes and solving clients' business needs, McMahon has extensive experience in Performance Management and Business Analytics Solutions. Most recently, he was senior account executive for Cognos, now an IBM company, and also for SAS as an account executive in the public and insurance sectors.

"DECIMAL is extremely well positioned to continue its growth throughout Canada and the United States. Our proven enterprise-wide solution continues to be implemented in private and public organizations looking to improve their budget process, cost and profitability analysis," said Stephane Gaouette, President of DECIMAL. "With the addition of key players like Sandison and McMahon to our team, we will be able to take our leadership position to even higher levels. We are thrilled that they are coming on board to be part of DECIMAL's sales team and we look forward to leveraging their financial solutions expertise in order to expand our sales."

"It's very exciting to be joining a company like DECIMAL. It has one of the most innovative and agile cost and profitability management solutions on the market, and its success is driven by a great group of talented people," said Sandison. "I look forward to playing a key role in the growth of DECIMAL's Canadian and US sales."

"I'm very happy to join DECIMAL," said McMahon. "In the short time I've been working for DECIMAL, I have spoken with several customers about the results they've achieved, and their experience working with and deploying DECIMAL's applications. Superior cost information, great solution flexibility and team expertise are the most significant recurring factors," he reported.

About DECIMAL

DECIMAL, a leader in cost and profitability management software solutions and in governance, risk and compliance management (GRC), has been providing public and private organizations with software solutions and consulting services for more than twenty years. DECIMAL improves corporate performance by providing decision-makers with the financial information they need to better understand their costs and profitability, and optimize their planning and budgeting processes.

For more information, please visit www decimal.ca or www.decimaltechnologies.com

SOURCE Decimal