MGI RESEARCH - Key Persons

Job Titles:

• Co - Founder
• Managing Director
• Managing Partner
• Member of the Leadership Team

Andrew Dailey is a co-founder and managing partner of MGI Research. Andrew brings his 25+ years of diversified technology and financial services experience working in the enterprise software market and Fortune 500 firms to his clients. Previous Experience Prior to MGI Research, Andrew was a partner at the Jetstream Group where he advised Fortune 500 CIOs on software procurement negotiations, enterprise application strategies, and outsourcing/offshoring. Andrew also spent eight years at Gartner, where he co-founded the Software Asset Management practice, led the ERP research in Europe, and received numerous research awards. He has lectured at the University of Chicago Booth School of Business, UCLA's Anderson School of Management, and The Charles University, Prague. Andrew holds a BA degree in History from Swarthmore College where he was a four-time NCAA All-American in tennis. He is a co-founder and board member of ClimateVault.org.

Job Titles:

• Co - Founder
• Managing Director
• Managing Partner
• Member of the Leadership Team

Igor Stenmark is a co-founder and managing partner of MGI Research. Igor brings his 30+ years of experience in entrepreneurial, strategic advisory, investment management, and executive roles in the technology industry to his clients. He serves as a strategic adviser to technology buyers, investors, boards, and management helping them make more informed decisions, enter new markets, optimize positioning, and build lasting value. Previous Experience Prior to MGI Research, Igor founded Stenmark Capital, an investment firm focused on technology and merger arbitrage investments, and served as an advisor and/or board member to technology start-ups, research firms, and investment companies such as Warburg Pincus, Bain, and Credit Suisse. Igor also spent nine years at Gartner serving as the Group Vice President of the Enterprise Systems Research Group, growing the research and advisory business to over $70 million in revenues and over 65 senior analysts. He has authored numerous research articles and industry scenarios, including several in-depth reports on software vendors, seminal research on the theory and practice of mergers and acquisitions in the technology arena, rating and market forecasting methodologies, equity indices, and quantitative models. Igor holds bachelor's degrees in Electrical Engineering and Computer Science from Cooper Union School of Engineering and New York University, respectively.

Job Titles:

• Co - Founder
• Managing Director
• Managing Partner
• Member of the Leadership Team

Jim Mendelson is a co-founder and Managing Partner of MGI Research. Jim was one of the first analysts on Wall Street to initiate focused coverage of the software industry during the early 1980s, and he brings his 35+ years of extensive experience evaluating software business models and strategies to his clients. He serves as an executive and strategic advisor to software companies who are considering mergers, acquisitions, IPOs, and private investment. Previous Experience Prior to MGI, Jim was a partner at Soundview Technology Group which was the leading technology investment research and banking firm associated with Gartner and later sold to Charles Schwab. He also spent almost fifteen years at Morgan Stanley as one of the first analysts to initiate sell-side coverage of enterprise software across a wide range of technology companies. Throughout his storied career, Jim has been highly ranked by Institutional Investor, appeared on CNBC and Bloomberg, and participated in some of the software industry's highest profile IPOs, private offerings, and mergers and acquisitions. Jim holds BA degrees in Economics and English from Bucknell University and an MBA in Finance from New York University.