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.

Source(s) : ANTs software inc.