Last updated on April 20, 2014 at 8:04 EDT

Mersen Replaces its Performance Management Software With Tagetik

March 8, 2012

PARIS and LUCCA, Italy, March 8, 2012 /PRNewswire/ –

State-of-the-art CPM solution to empower financial consolidation and

reporting tightly integrated with Microsoft technology

Tagetik, a global provider of enterprise software solutions for Performance
Management, Governance, Risk & Compliance and Business Intelligence, today announced that
Mersen (http://www.mersen.com), a global, expert player in high-performance materials
and in the reliability and safety of electrical installations, has selected the Tagetik’s
software to streamline its statutory consolidation and management reporting. The software
will run on a Microsoft SQL Server Enterprise Edition database.

“With more than 60 production facilities in around 40 countries on five continents,
Mersen is a very interesting business and we are delighted to be working with Mersen’s
team,” says Bruno Leblanc, General Manager of Tagetik France (
http://www.tagetik.com/company/management/bruno-leblanc). “We won Mersen’s confidence,
over several vendors on the market, because of our fully unified approach to performance
management processes and superior level of financial functionality in a single solution
built on Microsoft technology. Executives at Mersen will be able to visualize data
directly without a huge BI implementation by their IT department, and end-users will
benefit as well from embedded financial intelligence, greater flexibility and less
dependence on IT. The company will have in the future the ability to easily extend the
Tagetik platform to manage other financial processes such as budgeting, planning and
forecasting, all within the same web-based application.”

“Our unwavering commitment to customer satisfaction and success has significantly
contributed to the acquisition of new global customers, like Mersen, who recognize the
quality of our software and the constant attention, dedication, and passion of Tagetik’s
people,” adds Manuel Vellutini, Chief Operating Officer at Tagetik (
http://www.tagetik.com/company/management/manuel-vellutini). “Our mission is to help
companies manage the breadth of finance processes throughout the entire organization with
built-in financial intelligence that can be applied without having to rely on IT experts.
This singular focus on finance processes and our strong relationship with Microsoft is how
we successfully empower global organizations.”

About Mersen

Global expert in materials and solutions for extreme environments as well as in the
safety and reliability of electrical equipment, Mersen designs innovative solutions to
address its clients’ specific needs to enable them to optimize their manufacturing process
in sectors such as energy, transportation, electronics, chemical, pharmaceutical and
process industries.

The Group is listed on NYSE Euronext Paris – Compartment B

To learn more:http://www.mersen.com

About Tagetik

Tagetik is 100% dedicated to simplifying and streamlining business processes for the
Office of Finance to accelerate informed decisions that achieve strategic goals. Our
award-winning Tagetik 4.0 Performance Management software is the ideal solution for global
companies that seek a clearly superior level of financial expertise in a single unified
solution for planning, forecasting, consolidation, close, reporting, profitability
management, disclosure, governance, risk, compliance, and analysis.

Tagetik is a rapidly growing global company with operations in more than 20 countries
and 500 customers yet provides an exceptional experience by focusing solely on the needs
of finance and doing it better than anyone else. To learn more: http://www.tagetik.com

Follow @Tagetik [http://twitter.com/#!/tagetik ] on Twitter, join the Tagetik
Experience [http://www.linkedin.com/groups?mostPopular=&gid=114466 ] group on LinkedIn,
watch Tagetik’s Channel [http://www.youtube.com/TagetikCorporate ] on YouTube, and/or
become Tagetik fan [http://facebook.com/tagetik ] on Facebook.

        Tagetik Corporate Press Contacts:
        Elisabetta Pierallini
        Luca Pieretti

        Tagetik UK Press Contact:
        Paul Burtenshaw

        Tagetik US Press Contact:
        Alessandra Gamba
        +1-203 391-7520

SOURCE Tagetik

Source: PR Newswire