Sand Technology to Acquire Advanced Technology Group.MONTREAL--(BUSINESS WIRE)--Oct. 13, 1997--(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on SNDCF SNDCF Subnetwork Dependent Convergence Facility SNDCF Sub Network Dependent Convergence Functions ) SAND TECHNOLOGY SYSTEMS INTERNATIONAL INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . has entered into an agreement with XDB XDB Lille, France (Airport Code) XDB Extended Database XDB Extended Debugger XDB Xml Data Base XDB Extended Data Base XDB External Data Base XDB Execute Disable Bit XDB Extra Dynamic Bass Systems, Inc. of Columbia, Maryland to acquire its Advanced Technology Group as well as the rights to the source code for the Quantum Leap product. Sand is currently carrying out its due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. investigation and expects to close the transaction on or before October 31, 1997. Quantum Leap is the next generation of the XDB database engine. Quantum Leap was designed to provide a more flexible architecture for customization and incorporation of new technology quickly and effectively using small footprint engines. It incorporates new processing techniques that can dramatically increase performance of applications as well as ease the process of maintaining applications. All features and functionality are based on the emerging 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. 3 standard. A customer's application logic will not become obsolete and will be able to run on other database engines that will conform to this standard. Arthur Ritchie, President and Chief Executive Officer of Sand said that "the acquisition is expected to provide Sand with a further significant competitive advantage within six to twelve months for its Nucleus products." The Sand Nucleus Server is a unique data storage and manipulation architecture which constitutes a significant breakthrough in that it allows ad hoc queries on enormous amounts of data to be performed cost effectively with unprecedented speed. SAND TECHNOLOGY SYSTEMS INTERNATIONAL develops new technology such as the Nucleus Server and markets complete large-scale IBM compatible computer systems and sophisticated information systems products. Nucleus is a registered trademark of Sand. More information about Sand Technology is available via the World Wide Web at http://www.sandtechnology.com CONTACT: Sand Technology Systems International Inc. 514/ 939-3477 |
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