Recognized in Information Leadership Category for Leveraging the QlikView Business Discovery Solution to Gain Significant Competitive and Business Benefits

Radnor, PA - February 14, 2012 - QlikTech, (NASDAQ:QLIK) a leader in Business Discovery - user-driven Business Intelligence, today announced that Mitsubishi Electric Cooling & Heating, a QlikTech customer, was named a winner of the 2012 Manufacturing Leadership 100 (ML100) Awards, presented by the global manufacturing leadership community Manufacturing Executive. Mitsubishi Electric Cooling & Heating was recognized as an outstanding performer in the category of "Information Leadership" based on its successful implementation of the QlikView Business Discovery platform.

A leading marketer of intelligent air-conditioning and heating technology, Mitsubishi Electric Cooling & Heating deployed QlikView to consolidate data from several sources, decrease the manual effort required to analyze business performance and opportunities, and reduce costs associated with reporting. The company was recognized by the ML100 Awards for gaining significant competitive and business benefits by implementing enterprise process improvements that deliver actionable, real-time visibility into critical business operations.

Using QlikView, Mitsubishi Electric Cooling & Heating helped support its organizational strategy by empowering its sales team with visibility into new revenue-generating opportunities. The company now analyzes sales performance, training opportunities, call center volume, marketing performance and lead generation. Additionally, QlikView helps garner pertinent business information and transform it into actionable material. Having real-time information is essential for the company to keep its competitive advantage by allowing it to respond to market dynamics quickly and effectively.

"We congratulate Mitsubishi Electric Cooling & Heating for this recognition and its innovative approach to information leadership using the QlikView solution," said David Telford, Director of Global Market Development for Manufacturing at QlikTech. "We're happy that QlikView helped Mitsubishi Electric Cooling & Heating implement a wide range of end-to-end business processes that ultimately benefited the company and its employees."

The Manufacturing Leadership 100 Awards honor companies and individuals that are shaping the future of global manufacturing. Nominations are entered into specific categories and evaluated by a panel of expert judges. The winners will be honored on May 2, 2012 at a gala reception during the Manufacturing Leadership Summit at the Breakers Resort in Palm Beach, FL (April 30 - May 2, 2012).

For more information about the Manufacturing Leadership 100 Awards, and to view the full list of winners, please visit: http://www.ml100awards.com/

About Mitsubishi Electric Cooling & Heating
Mitsubishi Electric Cooling & Heating, headquartered in Suwanee, Ga., is a division of Mitsubishi Electric & Electronics USA, Inc. For more than 30 years, the division has been a leading marketer of intelligent air-conditioning and heating technology, manufactured by its parent corporation, Mitsubishi Electric. The Division's market distribution includes North America, Latin America, the Caribbean and Bermuda. In 1982, Mitsubishi Electric was the first to introduce its state-of-the-art split-ductless air conditioners and heat pumps in North America. The company soon expanded, adding to its product line CITY MULTI® variable refrigerant flow (VRF) zoning heat pump systems that use INVERTER technology and offer simultaneous cooling and heating capabilities; compressors; and a full line of air-conditioning accessories. Mitsubishi Electric Cooling & Heating products have won numerous awards for innovation and excellence, including the 2012 BuildingGreen Top-10 Products Award for split-ductless and VRF systems and the 2011 AHR Expo Product of the Year Award for the Dedicated Outdoor Air System. For more information, visit www.mehvac.com or follow Mitsubishi Electric Cooling & Heating on Facebook, Twitter and YouTube.

About QlikTech
QlikTech (NASDAQ: QLIK) is a leader in Business Discovery-user-driven Business Intelligence (BI). QlikTech's powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. The in-memory associative search technology it pioneered allows users to explore information freely rather than being confined to a predefined path of questions. QlikView Business Discovery works with existing BI applications and adds new capabilities: insight for everyone, zero-wait analysis, mobility, an app-like model, remixability and reassembly, and a social and collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving approximately 22,000 customers in over 100 countries.

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