Stibo Systems Expands Its Global Presence with the Opening of New Toronto Office -- Responds to the Needs of Growing Canadian

  Stibo Systems Expands Its Global Presence with the Opening of New Toronto
  Office -- Responds to the Needs of Growing Canadian Customerbase

Business Wire

ATLANTA -- February 4, 2013

Award-winning multidomain master data management (MDM) provider Stibo Systems
has opened a new Toronto office in order to better serve its growing customer
base in Canada. With industry analyst firm Gartner predicting the worldwide
master data management (MDM) software revenue to reach $3.2 billion by 2015,
Stibo Systems accelerated the opening of its newest office to better serve the
needs of their Canadian customers.

Summary:

  *The new Canadian office is located at 151 Yonge Street, Suite 1100,
    Toronto, ON M5C 2W7 and brings the total number of worldwide locations to
    16.
  *Leading retail, manufacturing and distribution giants throughout Canada
    have selected Stibo Systems to manage their critical master data and
    enterprise information assets including Best Buy Canada, Mountain
    Equipment Co-op, Spaenaur Inc. and Sears Canada.
  *Stibo Systems STEP technology is used to improve an organization's
    operational performance by providing a single authoritative view of master
    data that leads to increased revenue, improved eCommerce and multi-channel
    sales performance, and reduced data errors that result in better customer
    service levels and over-all business intelligence.
  *The Toronto office will be managed by Erin Burrell, Director, Canada.

Customer Quote:

  *“Creating an impressive multichannel experience for our customers is Best
    Buy Canada’s number one goal, and we remain committed to meeting their
    needs both online and in the store,” said Robert Pearson, Vice President
    of eCommerce at Best Buy Canada. “Leveraging Stibo Systems' deep
    experience and its proven Master Data Management platform, we can ensure
    success in achieving our eCommerce objectives and, more importantly,
    continue to meet the unique and growing needs of our customers.”

About Stibo Systems

Stibo Systems gives data direction by providing organizations with a leading
multidomain master data management (MDM) solution. Stibo Systems enables
organizations to better manage enterprise intelligence on a global scale,
improve sales, and quickly adjust to changes in business requirements. Stibo
Systems’ STEP technology is a flexible, uniform MDM solution that provides a
single trusted source of operational information for the entire enterprise.
Stibo Systems offers deep industry-specific solutions, engineered, and
supported to meet the strategic information needs of global customers
including: GE, Sears, Siemens, Target, and Thule. Stibo Systems is a
subsidiary of the privately held Stibo A/S group, originally founded in 1794
with corporate headquarters in Aarhus, Denmark. For more information, visit
www.stibosystems.com.

Contact:

For Stibo Systems
McCoin & Smith Communications Inc.
Chris McCoin, 508-429-5988
chris@mccoinsmith.com
or
Richard Smith, 978-433-3304
rick@mccoinsmith.com
 
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