PROPHIX Software Announces Appointment of New Director of Channel Sales

PROPHIX is pleased to announce the appointment of Cheryl Power as Director of Channel Partners. Cheryl will oversee the company's channel partners strategy and execution in the North American Corporate Performance Management marketplace.

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Her experience will be invaluable as we continue to expand our business.

Toronto, ON (Vocus) March 4, 2009

PROPHIX Software, a leading provider of financial business intelligence and performance management solutions specializing in forecasting, corporate budgeting, strategic planning, consolidation, financial analysis and scorecarding, is pleased to announce the appointment of Cheryl Power as Director of Channel Partners. Cheryl will oversee the company's channel partners strategy and execution in the North American Corporate Performance Management marketplace.

With over 18 years working in the realm of technology, Cheryl has had the advantage of being able to view the industry from multiple perspectives...that of technology customer, channel partner, as well as vendor. For the better part of her career, Cheryl has excelled in managing successful sales and channel teams at Oracle, SAP, Borderware, and Teneros.

"Cheryl brings with her, not only an energetic drive, but also a solid acumen for channel strategy and program development and implementation," says Verne Meredith, Vice President of Operations. "Her experience will be invaluable as we continue to expand our business."

At a time when PROPHIX is poised to expand their offering of a strong and mutually profitable channel model to the world market, Cheryl is a sound addition to the PROPHIX Management Team.

About PROPHIX Software

PROPHIX Software is a leader in delivering performance management solutions including budgeting, planning, forecasting, reporting, consolidation, personnel planning and other advanced financial functions. PROPHIX Software maintains an outstanding reputation with its customers by consistently delivering tangible value and exceptional ROI, with a lower total cost of ownership. For more information, visit http://www.prophix.com .

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