MGL to Distribute and Support ANTs Data Server.High-Performance Database Maker Expands Internationally, Enhances Global Telecom OpportunitiesBURLINGAME, Calif. -- ANTs software inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANTS), a leader in compatible, high-performance SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. database management systems, today announced it has signed an agreement with Mascon Global Limited (www.mgl.com), a global provider of IT services, to resell and support the ANTs Data Server to its customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , India and other parts of the world. The agreement marks the entry of ANTs Software into the rapidly growing IT market in India, and provides ANTs with an important partner for expanding its presence in the multi-billion dollar telecommunications market worldwide. Mascon will initially target the ANTs Data Server for use in its telecommunications product development practice, where ANTs' high performance and compatibility will enable Mascon to develop new, more competitive solutions. Mascon's team of experienced software engineers have executed numerous projects for major telecommunications OEMs in India and the United States, and the ANTs Data Server will provide Mascon with a valuable technological edge as it expands its telecom service offerings into Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. and Europe. Mascon hopes to employ the ANTs Data Server across all its major service areas, including application management outsourcing Application Management Outsourcing refers to the ongoing maintenance, management, conversion, enhancement and support of an application software portfolio by an external company. , enterprise systems implementation, and web application development. "Our extensive technical evaluation The study and investigations by a developing agency to determine the technical suitability of material, equipment, or a system for use in the Military Services. See also operational evaluation. of the ANTs Data Server proved it to be superior to anything else on the market in terms of performance in highly transactional environments, beating out all the other in-memory and traditional databases on the market," said Sandy Chandra, chairman of Mascon Global Limited. "Mascon offers its clients significant cost advantage, helping them take cost out of the system by as much as 60 percent, and the ANTs Data Server will be a significant contributor in our ability to provide these savings." Initially, Mascon intends to apply the ANTs Data Server to developing telecommunications applications for highly demanding transactional volume environments, such as wireless applications, operational and billing support systems (OSS/BSS), unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. , embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. , and other applications. Mascon will provide product licenses, support and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for integration of the ANTs Data Server. Mascon envisions the ANTs Data Server providing significant technological and cost advantages for the company's many other IT service areas, including application management outsourcing, Java and .NET web development solutions, and software implementation and consulting services. "Mascon is one of the most important IT services companies in India with a reputation for providing high value IT services to its global customers, enabling ANTs to make an impact in India, and to expand its presence in markets worldwide," said Joe Kozak, president and 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. of ANTs Software. "Along with 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. , telecommunications is one of the most demanding, highly transactional environments. It is precisely in these applications that ANTs shines, providing the performance required while significantly reducing the total cost of ownership." About the ANTs Data Server The ANTs Data Server is a full-featured, standards-compliant relational database management system relational database management system - relational database 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, and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 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 Mascon Global Limited: Mascon Global Limited (www.mgl.com) is an SEI-CMMI level 5 assessed and ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 27001, TL 9000 and ISO9001 certified global provider of telecommunications and software services. Through an innovative blend of products, services, and delivery models, it assists companies to build, deploy, and maintain technology-based solutions as key enablers of their business strategy. Headquartered in India and the United States, the company has more than 2,200 professionals in different offices spread across three continents. ANTs software inc. ANTs software inc. (OTCBB:ANTS), based in Silicon Valley, develops and sells the ANTs Data Server, an affordable, high-performance 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. 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 forward-looking statements within the meaning of the federal securities laws, including statements concerning product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future performance, are sometimes identified by words of condition such as "should," "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: challenges arising from competition, difficulties experienced in product development, roadblocks experienced in sales and marketing activities, longer than expected sales processes, lack of sales arising from the reseller agreement, difficulties in recruiting knowledgeable and experienced personnel, possible problems in porting applications to the Company's database, potential problems in protecting the Company's intellectual property, and problems securing the necessary financing to continue operations. 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 Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the fiscal quarter ended September 30, 2006. 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