Jaspersoft’s Growth and Market Position Attracts Industry Visionaries to Advisory Board

 Jaspersoft’s Growth and Market Position Attracts Industry Visionaries to Advisory Board

Business and technology leaders will advise the provider of the world’s
most widely used business intelligence software

SAN FRANCISCO, January 14, 2009 – Jaspersoft, provider of the world's most widely used business intelligence (BI) software, today announced its Advisory Board for 2009. The Board will provide counsel and perspective as Jaspersoft concludes the most successful year in the company's history.

With its business growing at nearly 75 percent year-over-year, total product downloads approaching 8 million, and more than 100,000 production deployments of its software recorded, Jaspersoft has transcended the characteristics of young open source software companies to become a trusted global BI partner.

The Advisory Board is comprised of open source visionaries who will help the company maximize the benefits of its open source development and delivery model, further accelerating the adoption of Jaspersoft's business intelligence software worldwide and demonstrating the next level of achievement for the commercial open source software model.

The Jaspersoft Advisory Board members are Matt Asay, vice president of business development at Alfresco and Chairman of the Open Source Business Conference (OSBC); Bob Bickel, consultant and former executive vice president at JBoss; Mark Burton, former Executive Vice President Worldwide Sales at MySQL and most recently vice president, MySQL Global Software Practice, Sun Microsystems; Barry Klawans, co-founder of Jaspersoft and current consultant for a variety of open source companies; and Lawrence Rosen, open source software expert, attorney and author, and founding partner of Rosenlaw & Einschlag.

"Jaspersoft's open source strategy enables the fastest delivery and easiest access to self-service BI and Web 2.0 tools that meet the needs of a changing enterprise workforce," said Brian Gentile, CEO of Jaspersoft. "This stellar Advisory Board represents the best and brightest in defining how the open source model can allow companies to leapfrog software incumbents in functionality, value and support. Their counsel and our sound business model will accelerate Jaspersoft's growth in the year ahead."

Jaspersoft's products are built on a modern architecture that can quickly adapt to the expectations of the changing enterprise environment.

Jaspersoft's open source software is rapidly updated by a community of more than 90,000 members, which makes the company inherently equipped to address the need for Web 2.0 capabilities in the enterprise. Older BI platforms simply can't evolve fast enough to provide the features that today's workforce expects.

"As open source moves from 'nice to have' to 'must have' in a recessionary economy, it's critical that there be strong open source companies to meet enterprise application requirements," said Matt Asay, Alfresco. "Jaspersoft does this by bringing down the cost and increasing the value of business intelligence solutions, and I'm proud to assist it as an advisor."

"Business intelligence will be one of the key drivers for corporate and government success over the coming decade," said Bob Bickel. "Jaspersoft is founded on the principles of opening up this technology to allow for broader and deeper use. It is exciting to see the growth in adoption as the company moves forward to fill this huge market need."

"I am very encouraged by the progress of open source software. We have seen the operating system and infrastructure layers of the software stack disrupted by open source players, and I believe that analytics and business applications will follow suit," said Mark Burton. "I see Jaspersoft as the leader in open source reporting and analytics and look forward to using my experiences with MySQL, as well as the data warehousing and analytics knowledge gained from my time at Informatica, to assist Jaspersoft."

"I believe that 2009 will be the year when open source business intelligence goes mainstream," said Barry Klawans. "Multiple factors, including the world's economy, the move towards delivering more business solutions via the web, and the maturing of the open source BI tools will prompt business users to stop looking at open source products as a way to squeeze better prices out of the established proprietary vendors and will instead start looking at them as the next wave of BI tools."

"Jaspersoft exemplifies the best of commercial open source, available to all with comprehensive services, warranties and indemnity, excellent product documentation, and a development team committed to creating outstanding business information tools. This is software and a business model that works," said Lawrence Rosen.

About JasperSoft Corporation
Jaspersoft's open source business intelligence suite is the world's most widely used BI software, with nearly 8 million total downloads worldwide and more than 10,000 commercial customers in 96 countries. The company's Jaspersoft Business Intelligence Suite provides a web-based, open and modular approach to the evolving business intelligence needs of the enterprise. Jaspersoft's software is rapidly updated by a community of more than 90,000 registered members working on more than 350 projects, which represents the world's largest business intelligence community. More information is available at www.jaspersoft.com and www.jasperforge.org.

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Jennifer Cloer
Page One PR for Jaspersoft
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