FREIBURG, Germany, July 1, 2010 /PRNewswire/ -- Jedox AG, developers of Palo, the leading commercial open source business intelligence Solution for planning, reporting and analysis, increases its licence turnover by over 100% in the first half of the year 2010 and signs 50 new customers. Some of the new customers are Swissport, Vodafone, Siemens, Maritim Hotels, Fresenius Kabi, DVB Bank, MAN, Sage, Yves Rocher, Zentis and Krauss Maffei.

There are multiple reasons for the successful first half of the year. I believe that above all our premium products that are based on the open source offers, but also our new partnerships and a very successful Roadshow are responsible for this very positive first half of 2010. Great work by the entire team! says Kristian Raue, CEO of Jedox

Palo was released in the 3.1 Version on 31st March, and is promoted by a global roadshow since April 2010, which so far counts 1000 Registrations. Since 22nd June Palo Service Release 1 is available for Palo customers under http://www.jedox.com

Due to the positive development, especially in licence turnover, Jedox is now planning to expand resources in consulting in the second half of the year, by recruiting new senior consultants.

About Jedox

Jedox, headquartered in Freiburg/Germany, with a subsidiary in France, is one of the leading Suppliers of Open Source-based Business Intelligence and corporate performance Management solutions in Europe.

Palo for Excel extends planning, analysis and reporting processes with Excel to a cost Efficient BI Solution, whilst the Excel User Interface remains.

The Palo Suite contains all the Jedox standard applications, accommodates the entire range of BI and Corporate Performance Management requirements including planning, budgeting and Forecasting, and is fully web-based. Jedox was founded by Kristian Raue in 2002 and has since then grown strongly in consecutive years. Jedox now employs 60 employees.

Press Contact Leif Mergener Jedox AG Tel: +49(0)761-151-47-214 leif.mergener@jedox.com

SOURCE: Jedox AG

CONTACT: Press Contact: Leif Mergener, Jedox AG, Tel:+49(0)761-151-47-214, leif.mergener@jedox.com