[December 18, 2012]

Prophix Appoints Michael Tindal as VP of Marketing

Prophix Software Inc., a leading developer of corporate performance management (CPM) software, is pleased to announce the appointment of Michael Tindal as Vice President of Marketing. Mr. Tindal will lead the marketing operations team to drive a direct impact on the success of the company.

"Mike's extensive global experience in the technology space is a welcome addition to our senior executive team and will continue to drive growth and value to our company," said Prophix President and CEO, Paul Barber. "His success in driving results in everything from product marketing to corporate communications speaks for itself."

As the Vice President of Marketing, Mr. Tindal brings more than 30 years of management, marketing, sales nd business development experience to Prophix.

Previously, Mr. Tindal served as Senior Director of Marketing (Global) for OpenText Corporation, an enterprise software company and leader in enterprise content management, that helps organizations manage and gain the true value of their business content. He has also held management positions with Opalis Software, SAS (News - Alert), SUN Microsystems, and Digital Equipment.

Prophix was recently included in Deloitte's 2012 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America, by growing 170 per cent over a five-year period.

About Prophix Software Inc.
Prophix is a leading developer of innovative performance management solutions designed to automate financial and operational processes. Thousands of finance leaders in nearly one hundred countries use Prophix to empower their organizations and gain valuable insight into business performance. Prophix and its partners deliver superior value by combining high-end functionality with low cost-of-ownership and fast implementations. For more information, visit www.prophix.com.

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