Carl Palmstierna will help lead the company in its new strategic direction.

Stockholm, Sweden, February 14, 2008 — Panopticon Software, the leading provider of Treemap and data visualization software, today announced that its shareholders have voted to make Carl Palmstierna the Chairman of the company's Board of Directors. This change will support the company's new strategy to offer state-of-the-art data visualization software to end-users and OEM partners using a revolutionary new business model.

Palmstierna is a former partner with Goldman Sachs and has served as CEO for Industrial Development & Investment, a private equity firm. He was most recently the CEO of ABG Sundal Collier, a major investment banking, brokerage and corporate advisory firm based in Oslo, Norway, with offices in Stockholm, Copenhagen, London and New York. In addition to Panopticon, Palmstierna is Chairman of the Board for Momail, MyFc and Qbrick and serves on the boards of Viewserve, Bluefish Pharmaceutical, AlltforForaldrar, and Elekta.

The company has also retained John Wattin, the former Vice-Chairman of MySQL (until its recent acquisition by Sun Microsystems) and serial entrepreneur, as an Advisor to the Board of Directors.

Carl Palmstierna said, "I am very excited about taking on the Chairman's role at Panopticon. It's obvious that the need for understanding business critical data is growing and Panopticon has amazing technology, a great client base and a very scalable business model."

Willem De Geer, former Chairman and CEO, stated: "Carl Palmstierna's qualities and experience will be very beneficial to Panopticon and its success. The combination of having a stellar financial services background (one of the founding European Goldman Sachs partners and Swedish CEO of ABG Sundal Collier) and a seasoned and successful IT entrepreneur is unique and perfect for Panopticon."

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