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ANTs President Joseph Kozak Named CEO; Industry Veteran Takes Reins as Company Pursues Consolidation Vision.


BURLINGAME, Calif. -- ANTs ANTS - 8-Aminonaphthalene-1,3,6-Trisulfonic Acid
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ANTS - Active Network Transport System
ANTS - Advanced Naval Training School
ANTS - Airborne Night Television System
ANTS - Algorithmic Number Theory Symposium
ANTS - Andover Newton Theological School
ANTS - Anglo-Norman Text Society
ANTS - Antenna Subsystem
ANTS - Army NBCCS Tracking System
ANTS - AT&T/Novell Telephone Services
ANTS - Autonomous Nanotechnology Swarm (NASA)
 software inc. (OTCBB:ANTS), a developer of universally compatible, high-performance SQL database management systems, today announced Joseph Kozak, president of ANTs, has taken on the additional position of chief executive officer, effective immediately. Mr. Kozak takes over for Boyd Pearce and will be the driving force for the company's database consolidation vision and in advancing ANTs' position in the industry.

As president, Mr. Kozak was instrumental in developing ANTs' database consolidation strategy, repositioning the company's unique technological strengths to address one of the most critical issues facing IT today. Mr. Kozak was also responsible for building a professional sales organization and attracting strategic partners.

"Since joining ANTs last year, Joe has repeatedly demonstrated his leadership qualities and strategic vision, and I am excited that now he will be leading ANTs at this critical juncture as the industry begins to recognize the unique advantages we bring to the market," said Francis K. Ruotolo, chairman of the board for ANTs. "I have full confidence in Joe's ability to build on Boyd's product vision and to lead ANTs through the next phase of its growth, and beyond."

"I know Joe well, and am thrilled to see him taking over as CEO as he takes this company forward," said Boyd Pearce, outgoing CEO. "I have found it challenging and rewarding to lead such a dedicated group of professionals and to develop this remarkable database technology. I will remain involved with ANTs during a transition period as I move on to pursue other opportunities and spend more time with my family."

"It has been my pleasure to work with Boyd and everyone at the company over this past year as we have taken bold steps to build our infrastructure, establish valuable partnerships, refine our focus and push development of our database consolidation technology," said Joseph Kozak, president and CEO for ANTs. "We are now poised to establish the ANTs Data Server as the leading solution for database consolidation, and I look forward to leading the charge."

Before joining ANTs as president last year, Mr. Kozak was vice president of industry sales at Oracle Corporation, where he defined and executed global strategies for retail, distribution, life science, process manufacturing, and consumer packaged goods industries, and exceeded revenue targets of $400 million in technology sales and $100 million in application sales. Mr. Kozak also managed Oracle's acquisition of Retek, Inc. a $630 million purchase in the retail applications space. Prior to Oracle, Mr. Kozak was CEO of Lombardi Software, a manufacturer of business process management solutions, where he took the company to $8 million in revenue in its first year.

Mr. Kozak was a partner with Ernst and Young, LLP, in the retail and consumer packaged goods division. He was vice president of sales for SAP America, where he was responsible for the $600 million retail distribution and consumer goods business units for the Americas. Mr. Kozak has also held numerous management positions with AT&T and IBM.

About the ANTs Data Server

The ANTs Data Server is a full-featured, standards-compliant relational database management system based on a breakthrough, high-performance SQL query execution engine that incorporates innovative, lock-free operations. It can typically be deployed on fewer, low-cost servers with the potential to reduce hardware, software and system administration costs by 60 to 90 percent. Through its compatibility with Oracle, Sybase, SQL Server and Informix databases, and its embedded deployment mode that supports Oracle-TimesTen applications, the ANTs Data Server allows applications to be moved without the major rewrites and cost usually associated with application migration.

About ANTs software inc.

ANTs software inc. (OTCBB:ANTS), based in California's Silicon Valley, develops and sells the ANTs Data Server, an affordable, high-performance relational database that is compatible with popular databases. The company's mission is to help customers reduce hardware, software and development costs by providing exceptional database price/performance. For more information on ANTs software, visit www.ants.com.

This press release is neither an offer to sell nor a solicitation of offers to purchase securities. This press release contains certain forward-looking statements as that phrase is defined in the Private Securities Litigation Reform Act 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: there can be no assurance that ANTs software inc. (the "Company") will produce the expected results; that the Company will produce a commercially viable product or that the Company will secure the necessary current and additional financing, intellectual property and staff to support current and future operations. Further risks are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's most recent form 10-Q for the fiscal quarter ended March 31, 2006. The Company undertakes no obligation to revise or publicly release the results of any revision to such forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 16, 2006
Words:817
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