ANTs software.com Schedules an External Validation of Its Test Results.Business Editors/High-Tech Writers BURLINGAME, Calif.--(BUSINESS WIRE)--Dec. 14, 2000 ANTs software.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ANTS), a developer of advanced technologies to accelerate computer processing, today announced that it has scheduled an external validation of its test results. ANTs interim chief executive officer John Williams This biographical article or section needs additional references for verification. Please help [ to improve this article] by adding additional sources. Unverifiable material about living persons must be removed immediately, especially if potentially libelous or harmful. said, "On September 28, 2000, we announced the results of a test that compared the performance of the ANTs database server with that of a leading database server. Since that time we believe that we have made significant improvements to our technology. We are now in a position to run further tests designed to measure the benefits of those improvements and to have the results of those tests validated by a third party, independent testing service." "We have contracted with Exodus Performance Labs, formerly KeyLabs, to validate our procedures and results, and we have scheduled the tests for December 18-20, 2000. We will release the results of the tests and the Exodus report shortly thereafter." ABOUT ANTS SOFTWARE.COM ANTs software.com is a development stage company. The Company seeks to become the leader in performance enhancement services for enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. , based on 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, trading pool trading pool A pool in which the stock is manipulated by purchases and sales in the open market. For example, pool operators affect a stock's price and volume by making purchases in the open market, thereby attracting the interest of other investors. , bank processing and inventory systems, as well as more comprehensive 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. , 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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-QSB and Form 10-KSB for the fiscal year ended April 30, 2000. |
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