QlikTech Announces Pricing of its Initial Public Offering

Radnor, PA - 15 July 2010

Qlik Technologies Inc. (“QlikTech”), a provider of business intelligence software, today announced the pricing of the initial public offering of 11,200,000 shares of its common stock at $10.00 per share. The shares will begin trading on the Nasdaq Global Market on July 16, 2010 under the ticker symbol "QLIK." The underwriters have a 30-day option to purchase up to an additional 1,680,000 shares from QlikTech to cover over-allotments, if any.

Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. are acting as joint book-running managers for the offering. Jefferies & Company, Inc. and Stifel Nicolaus Weisel are acting as co-managers for the offering.

The public offering is being made only by means of a prospectus, copies of which may be obtained from any of the following: Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014, or by e-mail: prospectus@morganstanley.com; Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, or by email: batprospectusdept@citi.com; and J.P. Morgan Securities Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling toll-free at 1-866-803-9204.

A registration statement relating to shares of the common stock of QlikTech has been declared effective by the Securities and Exchange Commission on July 15, 2010. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Contact:
Staci Mortenson
ICR
IR@qliktech.com
+1 (484) 685-0578

Media Contact:
Maria Scurry
Qlik Technologies
Maria.Scurry@qliktech.com
+1 (508) 409-7939

About QlikTech

QlikTech’s powerful, accessible business intelligence solution enables organizations to make better and faster decisions. Its QlikView product delivers enterprise-class analytics and search with the simplicity and ease of use of office productivity software. The in-memory associative search technology it pioneered makes calculations in real-time enabling business professionals to gain insight through intuitive data exploration. Unlike traditional business intelligence products, QlikView can deliver value in days or weeks rather than months, years, or not at all. It can be deployed on premise, in the cloud, or on a laptop or mobile device—from a single user to large global enterprises. QlikTech is headquartered in Radnor, Pennsylvania, with offices around the world and a network of over 1,100 partners to serve more than 14,000 customers in over 100 countries worldwide.