ANTs Software Announces First Customer Implementation Moving into Production

October 25th, 2011 - 06:50 am ET by Business Wire

ANTs Software Announces First Customer Implementation Moving into ProductionANTs software inc. (ANTS.pk), a leader in database consolidation solutions, announced today that its first customer is moving an implementation of SQL Skin into production. The customer, a large electric ...

ANTs software inc. (ANTS.pk), a leader in database consolidation solutions, announced today that its first customer is moving an implementation of SQL Skin into production.

The customer, a large electric utility, completed a successful test implementation of SQL Skin earlier this year and then decided to move forward aggressively with full production implementations of several of their mission critical applications. The SQL Skin projects are a part of the customer’s overall Sybase decommissioning efforts. ANTs expects to complete the remainder of the project by early 2012.

Although the potential revenue associated with this customer’s implementation is not significant on a stand-alone basis, this will be the first instance of SQL Skin moving into full customer production, representing a significant milestone in the Company’s development. “We are excited about the first production implementation of SQL Skin,” says Joe Kozak, ANTs CEO. “This implementation is proof that the ANTs technology is viable and provides a much faster migration from legacy database technology than with conventional means.”

About ANTs Software

The mission of ANTs Software is to help customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility Server (ACS), 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 and administrative services. ANTs is a public company with headquarters in Alpharetta, GA. Our shares trade on the OTC Bulletin Board 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 for the fiscal year ended December 31, 2010, as supplemented by the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2011. 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.

Contacts :

ANTs software inc.
Joe Kozak, President and CEO
678-666-4808
joe.kozak@ants.com


Source(s) : ANTs software inc.