Customer Requests Proposal to Move Other Applications
BURLINGAME, Calif.--(Business Wire)--ANTs software inc. (OTCBB:ANTS), a leader in compatible,
high-performance SQL data management systems, today announced that it
has successfully demonstrated for a customer, an application being
re-hosted from Sybase to the Oracle database using the ANTs
Compatibility Server(TM). The customer, a global manufacturing and
financial conglomerate ranked in the top 10 of Fortune magazine's 2007
list of the largest companies, subsequently asked for a proposal to
move numerous other applications from Sybase to Oracle. ANTs Software
is in the process of scoping that work.
"The ANTs Compatibility Server, for the first time, brings the
promise of a fast, cost-effective method for customers to move
applications from one database to another - and enables enterprises to
achieve cost efficiencies by consolidating their applications onto
fewer databases," said Joseph Kozak, chairman and chief executive
officer of ANTs Software. "I believe this request for proposal is an
endorsement of our product and the need for it."
About the ANTs Compatibility Server (ACS)
The ANTs Compatibility Server is a "database virtualization"
middleware layer which allows server side code (queries, functions,
and stored procedures) from legacy databases to run natively and
transparently against the new target database with minimal application
rewriting and recompiling. The legacy application operates as if it
were still communicating with the original legacy database, yet the
new target database operates as if it were communicating with a native
application. The first release of this virtualization server
technology is focused on migrating Sybase applications to an Oracle
database, although migrations from and to other databases are also
planned.
ANTs software inc.
ANTs software inc. (OTCBB:ANTS), based in Silicon Valley, is
developing the ANTs Compatibility Server, database virtualization
middleware that enables application portability and database
consolidation. The company's mission is to help customers reduce
hardware, software, and development costs by providing exceptional
data management solutions. For more information on ANTs Software,
visit www.ants.com.
ANTs Compatibility Server (ACS) and ANTs Data Server are
trademarks of ANTs software inc
This press release is neither an offer to sell, nor a solicitation
of offers to purchase securities. This press release contains
forward-looking statements within the meaning of the federal
securities laws, including statements concerning product development
activities and sales and licensing activities. Such forward-looking
statements are not guarantees of future performance, are sometimes
identified by words of condition such as "should," "may," or
"intends," and are subject to a number of risks and uncertainties,
known and unknown, that could cause actual results to differ
materially from those intended or anticipated. Such risks include,
without limitation: the possibility that the market will not respond
positively to the Compatibility Server, that the Compatibility Server
will not be developed into a marketable product, that the customer
will not accept the proposal or purchase the ANTs Compatibility
Server, challenges arising from competition, problems encountered in
commercializing the ANTs technology, potential of undetected
infringing technology or non-infringing competitive technologies,
difficulties experienced in product development, roadblocks
experienced in sales and marketing activities, longer than expected
sales processes, difficulties in recruiting knowledgeable and
experienced personnel, possible problems in migrating applications
using the Compatibility Server, potential problems in protecting the
Company's intellectual property, and problems securing the necessary
financing to continue operations. Further information concerning these
and other risks is included in the Company's filings with the
Securities and Exchange Commission, including the Company's most
recent Quarterly Report on Form 10-Q for the fiscal quarter ended
September 30, 2007. The Company undertakes no obligation to update or
revise such forward-looking statements to reflect events or
circumstances occurring after the date of this press release.
ANTs software inc.
Cesar Rojas, 650-931-0535
cesar.rojas@ants.com
or
Corman Communications, LLC
Patrick Corman, 650-326-9648
patrick@cormancom.com
Copyright Business Wire 2008
