Shoplogix Announces a New President & CEO

SHOPLOGIX ANNOUNCES A NEW PRESIDENT & CEO

(Toronto, ON, April 20, 2017)  Shoplogix Inc., a leading provider of real-time end-to-end performance management solutions for manufacturers worldwide, is pleased to announce the appointment of Magnus Sandberg as the new President and CEO of Shoplogix, Inc. (“Shoplogix”).

“Mr. Sandberg will replace former President & CEO, Martin Ambrose who has served on the Shoplogix executive team since 2008.  Martin led Shoplogix to a critical point in the company’s growth.  We wish him well and thank him for his many years of dedicated leadership”, expressed Mark Thompson, CEO of the Friedman Operating Group (FOG).

“I’m very excited to be part of the Shoplogix team and look forward to steering the company into the next stages of the company’s growth.  Shoplogix has built strong relationships with an impressive list of customers and a solid product offering that is sustained through innovation.  Shoplogix is well positioned for success and is dedicated to developing solutions that address the future of manufacturing”, Sandberg stated.

“The support and backing by Shoplogix’s new owner will provide the company an opportunity to tap into the people, resources and best practices of one of the most successful software companies in the world”, Sandberg added. Shoplogix was acquired March 2, 2017 by FOG Software Group, a division of Vela Software and Constellation Software Inc. (TXS:CSU).

Mr. Sandberg has extensive experience in building and investing in companies. He held the role of Managing Director at an investment and innovation firm, and has experience acquiring and turning around software companies while at Constellation Software. A native of Sweden, he has been based throughout Europe, North America and Australia in previous roles with Autoliv and Accenture. While at Autoliv, a global market leader in manufacturing airbags, seat belts and automotive safety products, Mr. Sandberg managed process re-engineering and technology standardization projects both in Europe and globally.

About Shoplogix

Founded in 2002, Shoplogix is headquartered in Toronto, Canada with offices in Mexico and Ireland. Shoplogix delivers an end-to end performance management solution that provides real-time visibility into performance to increase efficiencies in production. Shoplogix serves primarily Fortune 1000 companies in the automotive, food & beverage, consumer packaged goods, industrial packaging, and steel services industrial sectors.

Shoplogix Inc. is an independent division of the FOG Software Group, a division of Vela Software and Constellation Software Inc. (TXS:CSU).