Quantum Retail Welcomes Dan Fishback to Board of Directors

MINNEAPOLIS, April 2, 2013 /PRNewswire/ -- Retail technology innovator Quantum Retail Technology, Inc. today announced the addition of Dan Fishback to the company's board of directors to help guide the organization's growth and to enhance and extend the value that Quantum's platform Q brings to the retail market.

Fishback is the former CEO of DemandTec, an IBM company in which he brought together three distinct principles: advances econometrics, large-scale data processing, and software-as-a-service, to help retailers and consumer product companies define merchandising and marketing strategies based on a scientific understanding of shopper behavior. Prior to DemandTec, Fishback served in senior executive positions at Ariba, Trading Dynamics, and Hyperion Solutions.

"The global retail landscape and competition for market share are changing incredibly fast forcing retailers to rethink the way they operate. Quantum Retail is uniquely positioned to help navigate the new retail economy," Quantum Retail's Chief Technology Officer Morgan Day stated. "We are honored to have Dan join our board and strategically help us to further our mission in addressing the increasing complexities of today's retail environment while providing retailers with an easy to use, intuitive solution that does not disrupt their existing people and processes."

Fishback comes to Quantum's board of directors with a strategic vision to drive immeasurable value with more than 20 years experience growing technology companies in dynamic markets.

About Quantum Retail Technology, Inc.

The market is asking new questions. You need new answers. Q answers the new questions facing retailers today with solutions that enable them to profitably buy, move and sell merchandise, solving the most complex and costly problems they face - quickly and permanently.  

Q is the answer for: Assortment and Range Planning - Forecasting and Order Planning - Replenishment and Allocation.

For more information visit http://quantumretail.com/. Follow Quantum Retail on Twitter at http://twitter.com/quantumretail.

SOURCE Quantum Retail Technology, Inc.