ANTS Announces the Additions of Lee Glasner and Ione Binford to Its Advisory Board.Business Editors BURLINGAME, Calif.--(BUSINESS WIRE)--Sept. 28, 2000 ANTs software.com, (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANTS), a developer of advanced technologies to speed up computer processing, today announced that Lee Glasner and Ione Binford have joined the Company's Advisory Board. Glasner, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , is the former Assistant Managing Partner of the Financial Relations Board, the oldest and largest investor relations Investor relations The process by which the corporation communicates with its investors. consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a in the world. He is the recipient of the Silver Anvil anvil Iron block on which metal is placed for shaping, originally by hand with a hammer. The blacksmith's anvil is usually of wrought iron (sometimes of cast iron), with a smooth working surface of hardened steel. Award from the Public Relations Society of America The Public Relations Society of America (PRSA), based in New York City, is the world's largest organization for public relations professionals. The organization has more than 30,000 professional and student members, and is organized into 112 chapters nationwide. for Excellence in Investor Relations, and 26 other awards for Excellence in Annual Reports from Financial World, the National Association of Investors, and ARC. Glasner said, "My focus now is on seachange projects. ANTS is definitely one, which is why I am excited and gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to be associated with the brilliant team bringing this unique software architecture to the IT world." Glasner holds a B.S. in Economics from Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. and an M.A. in Economics from Duke University. He is also recipient of a Chinese Language Certificate of Proficiency, awarded by the Yale Institute of Far Eastern Languages, while in service with the U.S. Air Force and the National Security Agency. Ione Binford is the former Executive Vice President for Marketing, Business Development and International Initiatives for the Company. Before joining ANTs, she was Senior Program Manager of Hewlett-Packard's Outsourcing Organization where her responsibilities included outsourcing projects in e-commerce, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , supply chain, client-server and network management. In addition to joining the Company's Advisory Board, Binford will be a member of the Company's Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Committee, chaired by Frederick D. Pettit, Chief Executive Officer and assisted by Clarity, a highly esteemed consulting firm dedicated to the development of market driven strategic planning. Binford said, "My new roles suit my personal objectives very well at this time. They will enable me to contribute to ANTs from the Advisory Board level and also work at the heart of the Company's strategic planning process. I am really pleased with these arrangements." Binford holds a Bachelor's of Arts and Master's of Arts degree in clinical psychology from Ribeirao Preto, Sao Paulo, Brazil and Golden Gate University. Binford also holds a Master's in Business Administration from the University of Santa Clara, Calif. Frederick D. Pettit said, "The potentialities of the information technologies that abound today are awesome. Per yesterday's test results announcement, we have technologies that have spoken and will continue to speak, more loudly and more clearly. But without the commitment of people with integrity, experience, and energy, all of that can be for naught. The well-organized contributions of outstanding individuals are the ultimate ingredients for success, on the playing field or in the market. Having Lee and Ione join our Advisory Board are important further steps toward our objective of making ANTs a recognized leader in the information technology industry." ABOUT ANTS SOFTWARE.COM ANTs software.com is a development stage company. The Company seeks to become the leader in performance enhancement software and services for enterprise computing, based on the its proprietary software technology. ANTs is an enabling middleware technology that is being developed to readily interact with applications such as stand-alone credit card processing, general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. and inventory systems, as well as more comprehensive ERP, e-commerce, and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business systems. The objective is to radically improve application and database performance. The Company's corporate offices are located at 801 Mahler Road, Burlingame, Calif. For more information visit our web site at http://www.antssoftware.com or call us at 650/259-9105. This press release contains certain forward-looking statements, as that phrase is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected. Such risks include but are not limited to the following: that the additions of Glasner and Binford will make no useful contributions to the Company's commercial success. Further, there can be no guarantee that the test results referred to will result in an advancement of the Company's commercialization objectives, or that ANTs technologies will ever become commercial, regardless of the specific contributions of Glasner or Binford. Other forward-looking statements contained in the release are proceeded by words such as "believe," "anticipate" or "expect." All such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected. Further risks are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's most recent Form 10-QSB and Form 10-KSB filed with the Securities and Exchange Commission and available on the Company's web site at 'www.antssoftware.com.' |
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