Riversand positioned as Visionary in Gartner Magic Quadrant for Master Data Management of Product Data

HOUSTON, TX – July 21, 2008 -- Riversand Technologies Inc., a PIM & MDM solution provider, has been positioned in the Visionary Quadrant of Gartner Inc.’s Magic Quadrant for Master Data Management of Product Data. Riversand has been exclusively focused on providing leading edge solutions in the PIM/MDM arena for the past 7+ years.

“Riversand moved from being a niche player last year to being a visionary in 2008. The vendor has continued to sell and implement effective and complex accounts across several use cases (operational MDM as well as design/construct MDM) and continues to deepen its core MDM of product data functionality. The vendor is building a strategy around several vertical industries with excellent references, even alongside some of the larger MDM products (for example, SAP)”, said Gartner in the report.

“We will continue our focus of providing best-of-breed” solutions in the PIM/MDM arena. We are focused on further enhancing our solutions through our partnership with multiple Fortune 1000 customers. We expect to continue being though-process leaders in this arena”, says Raul Rom, VP of Solutions at Riversand Technologies.

About Riversand Technologies, Inc
Riversand Technologies Inc. is a leading provider of PIM and MDM software Solutions. Riversand’s MDM solution enables enterprises to manage their master data across different entities such as Product, Customer, and Vendor. Riversand’s PIM solution handles all Product related workflows and data management needs across an enterprise: from Vendors on the supply side to Customers on the demand side.Riversand marquee solutions include:

Industry leaders such as Fingerhut, ConocoPhillips, Ingersoll Rand, and ExxonMobil leverage Riversand’s PIM and MDM solution to create accurate, timely & up-to-date product information and catalogs across all corporate internal systems, customers, vendors and channel partners; and accelerate time-to-market, increase sales, improve order accuracy, reduce costs and enhance customer service. Headquartered in Houston, TX, it has 4 offices and over 100 employees’ worldwide.For more information please contact Riversand at (713) 934-8899 or visit www.riversand.com.Check out the latest MDM thoughts on the Riversand blog www.riversandblog.com.