ANTs Software Subsidiary Announces New Strategic Project for Large Financial Services Customer.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- ANTs software inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANTS), a leader in database migration solutions, today announced that its wholly-owned subsidiary, Inventa Technologies, Inc. has secured a new strategic project with an existing customer in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. sector. Under the terms of the contract, the company will perform a series of consulting tasks in order to modernize critical IT infrastructure for the customer. "We are very pleased with this new project as it demonstrates the continued strength and value of Inventa's existing customer relationships. It is a clear testimony to our expertise and resources," said Joseph Kozak, chairman and chief executive officer of ANTs Software. Terms of the agreement are not to be disclosed at customer request. About ANTs software, inc. The mission of ANTs Software is to help customers drive down IT operating costs operating costs npl → gastos mpl operacionales by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility Server (ACS (Asynchronous Communications Server) See network access server. ), an innovative middleware solution that accelerates database consolidation between database vendors, enabling application portability. In addition to ACS, ANTs offers a complete portfolio of services ranging from architecting or managing IT infrastructure, to full application performance tuning Performance tuning is the improvement of system performance. This is typically a computer application, but the same methods can be applied to economic markets, bureaucracies or other complex systems. and administrative services. ANTs is a public company with headquarters in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] . Our shares trade on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol: ANTS. For more information visit, www.ants.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as "should," "could," "expects," "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: problems securing the necessary financing to continue operations should revenues not be sufficient to offset expenses, 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 ANTs Compatibility Server (ACS), and potential problems in protecting the Company's intellectual property. 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 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2008 and the Company's most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 2009. 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion