O-STA

Bernhard Wöbker new Chairman of Jedox Supervisory Board

Freiburg, 06/13/2014 Leading Business Intelligence provider Jedox AG, appoints Bernhard Wöbker as the new chairman. Internationally-experienced IT executive Wöbker assumes the position with immediate effect, replacing supervisory board member Thilo Schmid.

"Bernhard's talent for innovation and internationally oriented entrepreneurial view make him a valuable companion and advisor to help shape the next strategic developments at Jedox", explains Bernd Eisenblätter, Chief Operations Officer at Jedox AG. "with his long-standing experience and key network contacts in the global IT world, Wöbker will be an important supervisory authority and will help us continue on our successful growth path and further expand our global presence."

Bernhard Wöbker's career includes CEO and President of Nixdorf USA during the company's expansion to the U.S. making him recognized both with corporate and start-up expertise. Wöbker held further leading positions at Pyramid, NeXT, and Versant, a listed enterprise software company based in California, and as consultant for Warburg Pincus, one of the largest private-equity-investors in the USA. Since 2013, Bernhard Wöbker has been the CEO of the Munich-based software provider, Brainloop AG.

"With its ground-breaking product and the recognition from leading analysts, such as BARC and Gartner, Jedox AG is a high-potential software-provider for the international BI market. Being chairman of the supervisory board provides me the opportunity to accompany and strategically support Jedox AG's growth", Wöbker comments his appointment. "The company has excellent fundamentals, an impressive team, and a compelling technology roadmap. We will join forces with the managing board to strengthen its international position."

Together with Bernhard Wöbker, Dr. Paul-Josef Patt, CEO of eCapital entrepreneurial Partners AG, and Thilo Schmid, representative of the investor Wecken & Cie, constitute the new supervisory board of Jedox AG.