Michael Le Lion is in charge of direct sales and OEMs in Europe.

Stockholm, Sweden, September 14, 2010 – Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and time series data, today announced that it has expanded its executive staff by hiring Michael Le Lion, who joins Panopticon from Bishopsgate Financial. He is handling direct sales activities with a major focus on key financial services accounts in the UK and Europe.

Michael Le Lion is Panopticon's new SVP of International Sales and is focusing his efforts on sales to the financial services community, clients with real time streaming requirements and OEM partners for Panopticon technology. He has over 20 years of experience in corporate sales and joins Panopticon after serving as Head of Sales and Partnerships for Bishopsgate Financial, a Value Added Reseller (VAR) for capital markets clients, including RBS, Lloyds, Nomura, London Stock Exchange, Barclays Capital, and Deutsche Bank. Prior to Bishopsgate, Michael held senior sales positions at Platinum Technology, Fujitsu-ICL Retail, Verity, Comshare, and Datamonitor/Ovum where he actively targeted the financial services industry.

Willem De Geer, Panopticon's Managing Director, said, "We have recently seen a huge upsurge of interest in our data visualization tools for real-time streams and CEP engines, particularly in capital markets. We needed to expand our team to better service and support our key customers, which include many of the major banks and hedge funds in the US and the UK, as well as help us expand and strengthen our partner network. Michael brings a great deal of highly relevant experience to the company as well as an enthusiastic attitude about our products that's based on his in depth knowledge of customer requirements. We're happy to have another professionals with his backgrounds and skills join us."

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