Chelmsford, Mass.—October 6, 2014—Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of visual data discovery solutions, today announced the appointment of Brigid MacDonald as the global Vice President, Human Resources. MacDonald succeeds Mary Murphy, who chose to retire at the end of Datawatch’s fiscal year.
“We are extremely happy to have Brigid bring her extensive experience in human resources to Datawatch, and specifically her proven talent for integrating human resource plans with operational business strategy,” said Michael Morrison, president and chief executive officer for Datawatch. “As we continue to expand Datawatch’s footprint in the visual data discovery market, it is imperative that we strengthen our organizational effectiveness, maximize the productivity of our people resources and drive a best-in-class culture. Brigid brings a unique set of skills that will be invaluable as we position Datawatch to move to the next level and continue to make it an exciting and satisfying place to work. At the same time, I also want to thank Mary Murphy for all of her efforts in making the department what it is today – she worked tirelessly to create the foundation that will undoubtedly get us to that next level.”
Ms. MacDonald brings to Datawatch over 25 years of human resources and broad managerial experience in both high-tech and healthcare organizations of various sizes such as Empirix, Inc., Institute for Healthcare Improvement, The Picker Institute and Beth Israel Deaconess Hospital.
“Datawatch has an outstanding team in place and a very unique opportunity in the marketplace,” she said. “As I look at the organization and the growth that they are experiencing I am excited about the opportunity to take part in building a world class organization that is focused on both personal and professional success.” Ms. MacDonald holds a B.A. in Finance from St. Mary’s College in South Bend, Indiana and a M.S. in Management from Boston University.
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery software that optimizes any data – regardless of its variety, volume, or velocity – delivering next generation analytics to reveal valuable insights for improving business. Its unique ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files and EDI streams with real-time streaming data into visually rich analytic applications allows users to dynamically discover key factors that impact any operational aspect of their business. This ability to perform visual discovery against any data sets Datawatch apart in the big data and visualization markets. Organizations of every size, worldwide use Datawatch products, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. See the Whole Story for yourself by downloading the free trial at datawatch.imarc.io/free-trial.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements, including but not limited to those relating to results of operations, contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; risks associated with acquisitions, including the acquisition of intellectual property from Math Strategies and the acquisition of Panopticon; the volatility of Datawatch’s stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch’s dependence on the introduction of new products and possible delays in those introductions; competition in the software industry generally, and in the markets for next generation analytics in particular; Datawatch’s dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales and operations; risks associated with indirect distribution channels and co-marketing arrangements, many of which were only recently established; the adequacy of Datawatch’s sales returns reserve; risks associated with a subscription sales model; Datawatch’s dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch’s technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company’s Annual Report on Form 10-K for the year ended September 30, 2013 and quarterly report on Form-10Q for the quarters ended December 31, 2013, March 31, 2014 and June 30, 2014. Any forward-looking statements should be considered in light of those factors.
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