LONDON, United Kingdom, January 23 /PRNewswire/ --

- Latest funding for Master Data Management software leader to support
additional European expansion and channel and product development

Siperian, Inc - developer of the market-leading master data management
(MDM) platform - today announced that it has closed an oversubscribed US$25
million Series E financing.  Led by new investor, Investor Growth Capital
(IGC), and with participation from 100 percent of Siperian's existing
investors, the funding will be used to continue the Siperian's European
expansion, accelerate channel development and further advance development of
Siperian MDM Hub(TM).  In conjunction with this financing, Noah Walley,
Managing Director at IGC, has joined Siperian's Board of Directors.

"After comprehensive due diligence with enterprise MDM users and industry
analysts, it is clear that Siperian is the leading pure-play vendor in the
rapidly growing master data management software market," said Noah Walley,
Managing Director, IGC.  "Investor Growth Capital is delighted to leverage
its global network and experience in the software sector to help further
establish Siperian as the pre-eminent worldwide brand for master data
management."

Siperian's volume of business has more than tripled year-over-year from
fiscal 2006 to 2007 and its customers include an expanding list of Global 500
companies in North America and Europe.  The Company has also significantly
expanded its partner ecosystem enabling its customers to better leverage
their existing investments, improve their return on investment and achieve
faster time-to-value.

Organisations are increasingly relying on Siperian MDM Hub to create
reliable, complete views of their customers, products and organisations and
to make their data assets actionable within existing business processes.  In
fact Rob Karel, a Forrester Research Analyst, recently wrote about Siperian
in a year-end blog entitled, "Master Data Management 2007: The Year In
Review."

Further underlining Siperian's momentum, it was recently named one of
CMP's Intelligent Enterprise's 36 Companies to Watch for 2008.  More
specifically, Siperian's federated master data management platform was
recognised for its technological leadership, strong hierarchy management
capabilities and superior data governance.

"We are very enthusiastic about the latest funding from Investor Growth
Capital and from the powerful endorsements we continue to receive from
customers, analysts and the investment community," said Peter Caswell,
President and CEO of Siperian.  "Although Siperian has achieved 
profitability, this additional funding will enable us to extend our 
award-winning MDM technology to a wider range of geographies and industries
and, more importantly, to continue developing superior products that meet 
our customers complex business requirements."

About IGC

Investor Growth Capital (IGC) is the wholly-owned venture capital arm of
Investor AB, a publicly traded industrial holding company, listed on the
Stockholm Exchange.  IGC was formed in the mid-1990s to invest in
high-quality, growth-oriented companies, primarily in the IT and Healthcare
industries.  Today its 30 investment professionals are developing a portfolio
whose value exceeds US$800 million from offices located in New York, Menlo
Park, Stockholm, Hong Kong, Tokyo, and Beijing.  Investor AB is a leading
shareholder in a number of European multinational corporations, including
ABB, Astra Zeneca, Atlas Copco, Electrolux, Ericsson, and SEB. For almost a
century Investor AB's business philosophy has been to build best-in-class
companies in sectors where the group has strong knowledge and a networking
advantage.  IGC shares that approach and benefits from Investor AB's
extensive global network of companies and senior managers.  To learn more
visit http://www.investorab.com

About Siperian, Inc

Siperian, Inc is an innovative provider of the most flexible master data
management platform.  Siperian helps companies unify their critical data
about customers, products and organisations -- and delivers the most 
reliable, complete views of this data within existing business processes.  
Siperian MDM Hub(TM) offers the next generation of architectural flexibility
for managing all types of master data with an integrated, model-driven 
software platform that adapts to your business requirements -- and delivers
rapid return on investment on critical projects today while evolving to a 
complete enterprise master data management platform.  Siperian's approach 
enables rapid implementation and has earned the company its reputation for
leadership and proven success by meeting the complex requirements of 
market-leading companies in Financial Services, Health & Life Sciences, IT,
Manufacturing, and Communications and Media.  With corporate headquarters in
San Mateo, California, Siperian has offices throughout the United States and
in Toronto, Canada, and an EMEA headquarters in London. To learn more about
Siperian visit www.siperian.com or call +1-866-747-3742.

Siperian and Siperian MDM Hub are trademarks of Siperian, Inc. The names
of actual companies or products mentioned herein may be the trademarks of
their respective owners.

MEDIA CONTACTS:
    Nancy Prendergast or Bella McAvoy
    Tannissan Mae Communications ltd
    +44-207-243-4440
    nancy@tannissanmae.com or bella@tannissanmae.com

Web site:  http://www.siperian.com