Versant Upgrades Open Source License -- Adopts GPLv3

REDWOOD CITY, Calif., Nov. 4, 2009 (GLOBE NEWSWIRE) -- Versant Corporation
(Nasdaq:VSNT), an industry leader in specialized data management software,
announces that the open source license used for the db4o product offering is
being upgraded to the GPLv3 license. Upgrade to the GPLv3 license assures
compatibility with other open source products, thereby widening db4o's potential
scope for adoption.

"This is an important step for Versant in its ongoing efforts to provide the
open source software community with a viable object database technology
supported by an established public company," said Robert Greene, V.P., Open
Source Operations at Versant. "Support will continue for the older license
version GPLv2, but in an effort to stay compatible with the increasing number of
new adopters of GPLv3, we are expanding our support to include the latest
license."

About GPL

The GNU General Public License (GPL) is a widely used free software license,
originally written by Richard Stallman for the GNU project.

The GPL is a popular and well-known example of the type of copyleft license that
requires derived works to be available under the same copyleft. Under this
philosophy, the GPL grants the recipients of a computer program the rights of
the free software definition and uses copyleft to ensure the freedoms are
preserved, even when the work is changed or added to. The original license
introduced in 1989 came under much scrutiny, as do most first works in the
public domain, and has since developed with a number of revisions. The latest
revision led by Stallman was approved by the Free Software Foundation in July
2007.

"It's great to see Versant's continuing commitment to open source compatibility
in the db4o product brand," said Fabrizio Capobianco, CEO of Funambol. "Open
source projects are increasingly adopting GPLv3 and the related AGPLv3 license.
This move by Versant helps ensure that db4o will continue the impressive growth
of its user community."

About Funambol

Funambol is the leading provider of mobile open source cloud sync and push email
for billions of phones. Funambol open source software has been downloaded over
three million times by 50,000 developers in 200 countries. The commercial
version of Funambol has been deployed by the largest device manufacturers,
mobile operators, portals, service providers and ISVs in the world, including
AOL, 1&1, EarthLink and CA, Inc. Funambol is headquartered in Redwood City,
California with an R&D center in Italy. You can follow Funambol on Twitter at
http://twitter.com/funambol.

About Versant

Versant Corporation (Nasdaq:VSNT) is an industry leader in database management
software, helping software developers to create unique applications handling
complex information and high performance / high availability requirements.
Versant customers cut hardware costs, speed and simplify development, and
significantly reduce administration costs. Versant's solutions are deployed in a
wide array of industries, including telecommunications, financial services,
transportation, manufacturing, and defense. With over 50,000 installations,
Versant has been a highly reliable partner for Global 2000 companies such as
Ericsson, Verizon, Siemens, US Government, and Financial Times. For more
information, call 650-232-2400 or visit www.versant.com.

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CONTACT: Versant Corporation
Jerry Wong, Chief Financial Officer
1-800-VERSANT