Finance Industry Veteran Joins Datawatch's Board of Directors

        Finance Industry Veteran Joins Datawatch's Board of Directors

PR Newswire

CHELMSFORD, Mass., July 23, 2014

CHELMSFORD, Mass., July 23, 2014 /PRNewswire/ -- Datawatch Corporation
(NASDAQ-CM: DWCH), a leading global provider of visual data discovery
solutions, announced today the appointment of Joan McArdle to its board of
directors. Ms. McArdle is an experienced software industry finance and
business leader in Massachusetts. She has been with Massachusetts Capital
Resource Company (MCRC) since 1985 and has served as a senior vice president
for MCRC since her appointment to that position in 2001. While serving in
this capacity at MCRC, and in connection with MCRC's funding to support
Datawatch's acquisition of Math Strategies in 2012, Ms. McArdle previously
served as an observer at Datawatch's board meetings. Prior to joining MCRC,
Ms. McArdle was employed by the First National Bank of Boston in a variety of
roles, leaving the firm as a Vice President in the Large
Corporate/Multinational Group. Ms. McArdle is also a member of the Board of
Directors of Aspen Technology, Inc. and serves on the Boards of Directors of a
number of private companies. Ms. McArdle received an AB degree in English
from Smith College.

Datawatch logo.

"We got to know Joan and see the value of her contributions when she served as
an observer to the board in 2012 and 2013. We are delighted to welcome her to
Datawatch's board of directors," said Richard de J. Osborne, chairman of the
board, Datawatch. "Her experience advising software companies in similar
stages of their development will be invaluable as Datawatch continues on its
mission to be the leader in real-time visual data discovery solutions."

"I am excited to join the board of this major player in the visualization
market at such a pivotal time in the company's development," said Joan
McArdle. "Datawatch's growth objectives are justifiably ambitious for this
rapidly evolving market and I look forward to contributing to the company's
long-term success."

About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery
software that optimizes any data –regardless of its variety, volume, or
velocity – delivering next generation analytics to reveal valuable insights
for improving business.Its unique ability to integrate structured,
unstructured, and semi-structured sources like reports, PDF files and EDI
streams with real-time streaming data into visually rich analytic applications
allows users to dynamically discover key factors that impact any operational
aspect of their business. This ability to perform visual discovery against any
data sets Datawatch apart in the big data and visualization markets.
Organizations of every size, worldwide use Datawatch products, including 99 of
the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with
offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila,
and with partners and customers in more than 100 countries worldwide. See the
Whole Story for yourself by downloading the free trial at
www.datawatch.com/trial.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
Any statements contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Any such statements,
including but not limited to those relating to results of operations,
contained herein are based on current expectations, but are subject to a
number of risks and uncertainties that may cause actual results to differ
materially from expectations. The factors that could cause actual future
results to differ materially from current expectations include the following:
risks associated with the continuing weak global economy; risks associated
with fluctuations in quarterly operating results due, among other factors, to
the size and timing of large customer orders; risks associated with
acquisitions, including the acquisition of intellectual property from Math
Strategies and the acquisition of Panopticon; the volatility of Datawatch's
stock price; limitations on the effectiveness of internal controls; rapid
technological change; Datawatch's dependence on the introduction of new
products and possible delays in those introductions; competition in the
software industry generally, and in the markets for next generation analytics
in particular; Datawatch's dependence on its principal products, proprietary
software technology and software licensed from third parties; risks associated
with international sales and operations; risks associated with indirect
distribution channels and co-marketing arrangements, many of which were only
recently established; the adequacy of Datawatch's sales returns reserve; risks
associated with a subscription sales model; Datawatch's dependence on its
ability to hire and retain skilled personnel; disruption or failure of
Datawatch's technology systems that may result from a natural disaster,
cyber-attack or other catastrophic event; and uncertainty and additional costs
that may result from evolving regulation of corporate governance and public
disclosure. Further information on factors that could cause actual results to
differ from those anticipated is detailed in various publicly-available
documents, which include, but are not limited to, filings made by Datawatch
from time to time with the Securities and Exchange Commission, including but
not limited to, those appearing in the Company's Annual Report on Form 10-K
for the year ended September 30, 2013 and quarterly report on Form-10Q for the
quarters ended December 31, 2013 and March 31, 2014. Any forward-looking
statements should be considered in light of those factors.

Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323

Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch

© 2014 Datawatch Corporation. Datawatch and the Datawatch logo are trademarks
or registered trademarks of Datawatch Corporation in the United States and/or
other countries. All other names are trademarks or registered trademarks of
their respective companies.

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SOURCE Datawatch Corporation

Website: http://www.datawatch.com
 
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