Manthan Systems, the Global Leader in BI and Analytics, Announces Expansion into Latin America

SAO PAULO, November 17, 2010 - Manthan Systems, a leading provider of Business Intelligence (BI) and
Analytics solutions for the retail and consumer goods industries is
announcing the continued growth of their international organization with the
opening of the Latin America office. Manthan's Latin American office is part
of the company's ongoing effort to expand sales and services support on a
global level and provide local language assistance to help customers improve
the way they work. The office will be located in Sao Paulo, Brazil, as a
response to the emerging number of customers demanding Manthan's solutions in
the region.

"We are very confident that this new office in the region will convey the
message to our customers, prospects and partners that Manthan Systems is
responding to the strong potential in Business Intelligence and Analytics
business, our commitment to the region and also as an expression of our
commitment to be a long term partner with the Latin American Retail and CPG
industry," said Mr. Peter Charness, President of Manthan Americas.

Commenting on the announcement, Mr. Patroclos Prasinos, recently hired as
the Vice President of Latin America said, "The opening of the Latin America
office in Sao Paulo is part of our strategic focus to provide worldwide
support to our clients. Our presence in the Latin America improves our
ability to support our growing customer base in the region, allowing us to
cover Brazil, Argentina, Chile, Peru and Colombia; countries that are showing
outstanding demand for our leading Manthan ARC Retail Performance Management
portfolio and our professional services."

Patroclos Prasinos will oversee all aspects of sales and operations
within Latin America. Prior to joining Manthan, Mr. Prasinos worked as
Country General Director for JDA Software in Brazil, where he developed many
projects in large Retail and CPG clients. Prior to the this assignment, Mr.
Prasinos has worked in Brazil as CFO and CIO of Econ Supermarkets, a Bank of
America investment in the retail sector in Brazil, where he developed this
startup to become the first successful hard discount retail business in the
country.

About Manthan Systems

Manthan Systems produces cutting edge analytic solutions for global
retail and CPG organizations. Manthan's breakthrough solutions, under the
brand name ARC, transform the way retailers use analytics driven decision
making for strategic advantage. The ARC product portfolio spans the entire
spectrum of retail decision making with role-based, pre-built applications,
and includes products for merchandising analytics, financial analytics,
customer analytics, supplier collaboration analytics and enterprise retail
BI. These award winning products provide a significant edge to an
organization's analytical capability and maturity, and are proven to deliver
unmatched business benefits in a remarkably short timeframe. Manthan's
experience spans a wide range of retail segments and formats, having
transformed decision making for some of the biggest names in retail across
the globe. For more information, visit www.manthansystems.com .

    Press Contact

    Patroclos Prasinos
    Tel: +55-11-4152-5273/ +55-11-8456-0022
    infolatinamerica@manthansystems.com

Press Contact: Patroclos Prasinos, Tel: +55-11-4152-5273/ +55-11-8456-0022, infolatinamerica at manthansystems.co