Market Overview

beqom, Leading Compensation Software Provider, Names Mike DeLeonardis as President North America

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beqom, the provider of a cloud-based total compensation solution, has
appointed Mike DeLeonardis as President North America. Mike brings 20
years of experience managing enterprise cloud software and service
businesses and will be responsible for overseeing beqom's North American
field organization.

Mike has spent his career building and maintaining high growth
businesses focused on enterprise technology both in the US and globally,
holding positions at Xactly Corporation, smartShift Technologies,
Inforte and Arcadia Solutions.

"I came onboard with beqom for three reasons: the employee-centric
culture, the incredible customer base, and the fact that beqom is an
industry leading software and service product," said Mike. "I have great
ambitions as to what I can achieve in this role, and see massive
potential in growing the total compensation and sales performance
management market across North America."

beqom's total compensation and performance management solution enables
large global organizations to manage the reward of their people without
compromise. Currently, beqom is managing about three million payees on
its platform. While impressive, there are still over 130 million
employees of the world's largest companies for whom beqom is a perfect
fit.

Mike will use his considerable experience in enterprise software sales
for SaaS solutions to drive revenue growth for beqom's compensation
platform through new business as well as expanding within the current
customer base.

"Mike is going to be a key member of the beqom leadership team," said
Stephan Pohl, beqom COO. "He comes with the right experience, spirit and
drive required to further scale beqom in the North American market."

About beqom

Happiness is the best driver for success.

Our mission is to make the workforce of our customers happy. beqom
drives happiness by allowing business managers to lead, align and
motivate employees and partners. beqom's cloud-based total compensation
platform is used globally across all industry sectors by over 100 large
companies such as Microsoft and Vodafone. It addresses all performance
and compensation aspects such as salary review, bonus, long-term
incentives, commissions, benefits, non-cash rewards and all key drivers
towards Employee Performance Management and Sales Performance
Management. HR, sales and finance organizations leverage our platform to
drive performance, retention, cost optimization and… happiness among
their people. beqom – to make your people happy.

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