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Altair Appoints Miles Mahoney as President of Its HiQube Business Intelligence Software Division

Proven BI industry corporate executive will lead HiQube’s global operations and partner strategy TROY, Mich. – November 14, 2011 – Altair Engineering, Inc., a leading global provider of simulation, advanced computing and enterprise analytics solutions, today announced the appointment of Miles Mahoney as president of its HiQube business intelligence software division. Mahoney, whose nearly 20 years of experience includes officer-level positions with Crystal Decisions, Business Objects and SAS, will be responsible for setting the vision and strategy to grow HiQube’s business globally, with an emphasis on alliances with system integrators, OEM partners and value-added resellers.

Mahoney joins HiQube after serving as president and COO of Denver-based EverGreen Energy, which developed the world’s most accurate tool for the scientific measurement and management of greenhouse gas emissions. There, Mahoney was responsible for global financial performance and the company’s sales infrastructure and marketing, as well as business development relationships with Deloitte, IBM, SAP and other major independent software vendors and system integrators.

“HiQube is a visionary technology that is setting new directions for the future of business intelligence,” said Mahoney. “I feel fortunate to have this opportunity to guide an aggressive growth and support strategy for HiQube globally through direct and indirect channels.”

Earlier, Mahoney was a vice president and general manager at SAS Institute, developing its first-ever global alliances, OEM and channel/distribution business. As a vice president of the global channel and system integrator business at Crystal Decisions, later Business Objects, Mahoney built a world-class alliance organization from a $5 million unit into a $60 million business. Mahoney’s career also has included positions as senior vice president at Day Corporation, national sales manager for Infinium software and financial analyst for Dun and Bradstreet.

“Miles has an impressive record of building successful channel-partner, direct-sales and operational organizations,” said Altair Chairman and CEO James Scapa. “His appointment represents an important stage of Altair’s commitment to advancing a new generation of BI technology to help guide faster, more robust decisions to minimize business risk and optimize performance.”

Mahoney’s educational background has been focused on business leadership. He earned a Bachelor of Arts degree in finance from Montana State University, Billings, and an MBA in business strategy from Pepperdine University.

About HiQube
HiQube is a next-generation, optimization-driven business intelligence platform that maximizes business performance. Unrivaled in speed, HiQube distinctively delivers in-memory performance with traditional BI scalability for large data stores. It provides a self-service user experience as an end-to-end BI solution or a complementary software stack extension for high-end business analytics. To learn more, try HiQube live or download a free trial license, visit www.hiqube.com.

About Altair Engineering, Inc.
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,500 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 26-year track record for high-end software for engineering and computing, enterprise analytics solutions, and innovative product design and development, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.

Media Contact:
Jennifer Ristic
Airfoil Public Relations, on behalf of Altair Engineering

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