SAO PAULO, November 17, 2010 /PRNewswire/ -- Manthan Systems, a leading provider of Business Intelligence (BI) and Analytics solutions for the retail and consumer goods industries is announcing the continued growth of their international organization with the opening of the Latin America office. Manthan's Latin American office is part of the company's ongoing effort to expand sales and services support on a global level and provide local language assistance to help customers improve the way they work. The office will be located in Sao Paulo, Brazil, as a response to the emerging number of customers demanding Manthan's solutions in the region.

"We are very confident that this new office in the region will convey the message to our customers, prospects and partners that Manthan Systems is responding to the strong potential in Business Intelligence and Analytics business, our commitment to the region and also as an expression of our commitment to be a long term partner with the Latin American Retail and CPG industry," said Mr. Peter Charness, President of Manthan Americas.

Commenting on the announcement, Mr. Patroclos Prasinos, recently hired as the Vice President of Latin America said, "The opening of the Latin America office in Sao Paulo is part of our strategic focus to provide worldwide support to our clients. Our presence in the Latin America improves our ability to support our growing customer base in the region, allowing us to cover Brazil, Argentina, Chile, Peru and Colombia; countries that are showing outstanding demand for our leading Manthan ARC Retail Performance Management portfolio and our professional services."

Patroclos Prasinos will oversee all aspects of sales and operations within Latin America. Prior to joining Manthan, Mr. Prasinos worked as Country General Director for JDA Software in Brazil, where he developed many projects in large Retail and CPG clients. Prior to the this assignment, Mr. Prasinos has worked in Brazil as CFO and CIO of Econ Supermarkets, a Bank of America investment in the retail sector in Brazil, where he developed this startup to become the first successful hard discount retail business in the country.

About Manthan Systems

Manthan Systems produces cutting edge analytic solutions for global retail and CPG organizations. Manthan's breakthrough solutions, under the brand name ARC, transform the way retailers use analytics driven decision making for strategic advantage. The ARC product portfolio spans the entire spectrum of retail decision making with role-based, pre-built applications, and includes products for merchandising analytics, financial analytics, customer analytics, supplier collaboration analytics and enterprise retail BI. These award winning products provide a significant edge to an organization's analytical capability and maturity, and are proven to deliver unmatched business benefits in a remarkably short timeframe. Manthan's experience spans a wide range of retail segments and formats, having transformed decision making for some of the biggest names in retail across the globe. For more information, visit .

Press Contact Patroclos Prasinos Tel: +55-11-4152-5273/ +55-11-8456-0022

SOURCE: Manthan Systems

CONTACT: Press Contact: Patroclos Prasinos, Tel: +55-11-4152-5273/+55-11-8456-0022,