ANTs software Retains International Data Corporation -IDC- to Help Refine Marketing Strategy; New Investor Relations/Public Relations Counsel Also Named.Business/Technology Editors BURLINGAME, Calif.--(BUSINESS WIRE)--Feb. 28, 2001 ANTs software inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ANTS), a developer of advanced technologies to accelerate online transaction processing See transaction processing and OLCP. (OLTP (OnLine Transaction Processing) See transaction processing and OLCP. OLTP - On-Line Transaction Processing ), announced today that it has retained International Data Corporation (IDC), a global provider of strategic guidance to users of information technology and e-commerce, to help refine the company's marketing strategy. In making the announcement, ANTs CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Francis K. (Frank) Ruotolo noted "IDC is one of the preeminent technology advisors in the world, and we are delighted that they will participate in the development of our enterprise." Carl W. Olofson, IDC's Program Director, Information and Data Management Software, Application Integration Software, said: "ANTs' technology addresses the very real need of a growing number of companies to increase the speed of updates and queries to their databases. This need is being fueled by the proliferation of e-commerce applications and the overall growth of e-business." Mr. Olofson, who recently visited the ANTs facility in Burlingame, also noted: "I haven't seen any other solution that approaches the apparent efficiency of ANTs or addresses the problems they are trying to solve." The company conducted a benchmark test in December - audited and validated by Exodus Performance Labs (formerly Key Labs), a division of Exodus Communications Exodus Communications was a high-flying internet hosting and service provider to dot-com businesses that went broke along with their customers. Exodus inception Exodus was founded in 1992 as Fouress, Inc., and reincorporated in 1994 to Exodus Communications. , Inc. - that showed ANTs software provided a 30-fold speed increase compared to a leading relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. server. Mr. Ruotolo also announced that ANTs has retained Bliss, Gouverneur & Associates of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of to provide public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and investor relations Investor relations The process by which the corporation communicates with its investors. counsel. "Their experience with both traditional and high-tech companies, backed by their integrity and imagination, makes them a perfect fit for ANTs," he said. "Moreover, I have had a solid working relationship with Bliss, Gouverneur for almost a decade." IDC is the world's leading provider of technology intelligence, industry analysis, market data, and strategic and tactical guidance to builders, providers and users of information technology. Founded in 1975, Bliss, Gouverneur & Associates provides a full range of communications services to corporations, professional and financial services firms, and associations. It is a member of Worldcom, the largest international network of independent public relations firms. ANTs software inc. seeks to become the leader in performance enhancement software for enterprise computing. ANTs technology is proprietary enabling middleware that is being developed to readily interact with applications across many industries. The objective is to radically improve database and database application performance. The Company's corporate offices are located at 801 Mahler Rd. in Burlingame, CA. For more information, visit www.antssoftware.com or call 650/692-0219. 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: there can be no assurance that ANTs software will produce the expected results or that it will result in a commercially viable product; 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-KSB for the fiscal year ended April 30, 2000. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion