Coveo Appoints JP Provencal Senior Vice President of Business Development

QUEBEC--(Marketwire - Dec 15, 2011) -

• Today, Coveo announced the appointment of JP Provençal as Senior Vice President of Business Development. Reporting to Coveo Chief Executive Officer Louis Tetu, Provençal will lead the company's strategic alliances.
  
  
• Provençal brings to Coveo extensive experience in growing companies. Most recently a resident entrepreneur at Montreal-based Desjardins Venture Capital, a $1 billion investment fund, Provençal served as consultant, coach and mentor to executives in companies where Desjardins had invested or planned to invest.
  
  
• Provençal previously served as CEO of B2B solutions provider InterTrade Systems and as Vice President of Business Development of Baan SCS, the supply-chain management solutions group of Baan. Baan had acquired Berclain Group Inc., where Provençal had served as Vice President of Sales.
  
  

Supporting Quotes:
Louis Tetu, CEO, Coveo: "Having worked with JP previously at Baan and Berclain Group, which we founded, I know he will be a strong leader for Coveo as we experience higher demand to expand our strategic alliances with partners. JP has broad relationships within the enterprise software marketplace and more than 20 years of experience in managing partner engagements."

JP Provençal, Senior Vice President, Business Development, Coveo: "I'm thrilled to join an executive team of this caliber, and I look forward to playing a role in Coveo's expansive growth as we help companies gain actionable insight that fuels sales, product engineering and customer service. We are seeing intense focus in the marketplace on gaining real-time insight from the overwhelming amount and diversity of social and enterprise data. Coveo's technology is uniquely positioned to win big within that business solutions marketplace."

About Coveo
Coveo transforms companies' ability to gain insight from diverse and overwhelming amounts of unstructured and structured data, whether it exists behind the firewall or in social media. Coveo's unified indexing technology connects broadly with all systems to create a virtual integration layer, from which role-based Insight Consoles present consolidated, correlated information mashups. Greater insight enables more effective and efficient customer service, more relevant customer experiences, increased sales and shorter sales cycles, faster innovation for better product development and ultimately, increased profitability.

Coveo customers range from Fortune 100 companies such as Lockheed Martin, PepsiCo and Verizon, to Global 2000 companies such as GEICO, CA Technologies and T-Mobile, to mid-sized businesses such as Terumo Medical, IBM Netezza and Children's Hospital of Boston. For more information, visit www.coveo.com.