Published: February 14, 2012
Attunity Announces Million Dollar License Agreement with a Leading Communications and Media Provider in North America
BURLINGTON, Massachusetts, February 14, 2012 /PRNewswire/ --
Attunity Ltd. (OTC BB: ATTUF.OB), a leading provider of real-time data integration
software, announced today that one of North America's largest communications and media
providers (the "Customer") has selected the Attunity Stream solution, a change data
capture (CDC) product, to modernize its mission-critical cabling business system.
The Customer adopted the Attunity Stream CDC solution to support new cable services,
improve customer service, and enable better decision support. Attunity Stream will enable
the Customer to accommodate its recent growth as a result of adding video-on-demand
service and a new customer interface for online customer account management. By using
Attunity Stream, the Customer is now able to off-load reporting from its proprietary
OpenVMS system, the backbone of its cable TV enterprise, and allow business user access to
near real-time business intelligence (BI).
The $1.0 million agreement with the Customer, of which $850,000 in license was
recognized in the last quarter of 2011, was fully paid for in February 2012.
"As data proliferation continues, organizations worldwide are challenged to
successfully handle the volume, velocity and variety of data for use in BI, reporting and
other business applications," stated Mel Passarelli, Vice President and General Manager at
Attunity. "Attunity is pleased to help customers address these challenges head-on with our
real-time data replication solutions. In fact, we believe that the increasing size of
recent deals is a clear indication that organizations are recognizing the strategic value
of our offering and what real-time data brings to their bottom line. We are encouraged to
see the number of enterprises that rely on Attunity's unique support of legacy platforms
and data integration technology for the data center and cloud continues to grow."
About Attunity
Attunity is a leading provider of real-time data integration software that enables access,
sharing and distribution of data across heterogeneous enterprise platforms, organizations,
and the cloud. Our offering includes software solutions such as data replication
[http://www.attunity.com/attunity_replicate ], real-time change-data-capture
[http://www.attunity.com/attunity_stream ] (CDC) and real-time data connectivity
[http://www.attunity.com/attunity_connect ], as well as enterprise file replication
[http://www.repliweb.com/products/r1-r/index.php ] and managed-file-transfer
[http://www.repliweb.com/products/rmft/index.php ] (MFT) offered through our RepliWeb
division. Using Attunity's software solutions, our customers enjoy dramatic business
benefits by enabling real-time access and availability of data and files where and when
needed, across the maze of heterogeneous systems making up today's IT environment.
Attunity has supplied innovative software solutions to its enterprise-class customers
for nearly 20 years and has successful deployments at thousands of organizations
worldwide. Attunity provides software directly and indirectly through a number of partners
such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its
customers via offices in North America, Europe, and Asia Pacific and through a network of
local partners. For more information, visit http://www.attunity.com or our In Tune
blog [http://blog.attunity.com ] and join our community on Twitter
[http://www.twitter.com/attunity ], Facebook [http://www.facebook.com/attunity ], LinkedIn
[http://linkd.in/attunity ] and YouTube [http://www.youtube.com/attunity ].
SafeHarbor Statement
This press release contains forward-looking statements within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other
Federal Securities laws. Statements preceded by, followed by, or that otherwise include
the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and
similar expressions or future or conditional verbs such as "will", "should", "would",
"may" and "could" are generally forward-looking in nature and not historical facts.
Because such statements deal with future events, they are subject to various risks and
uncertainties and actual results could differ materially from Attunity's current
expectations.
Factors that could cause or contribute to such differences include, but are not
limited to: risks and uncertainties relating to the acquisition of RepliWeb, including
costs and difficulties related to integration of acquired businesses, the combined
companies' financial results and performance, and ability to repay debt and timing
thereof; our liquidity challenges and the need to raise additional capital in the future;
market acceptance of the Attunity Replicate and the development of a market for such
product; timely availability and customer acceptance of Attunity's new and existing
products; any unforeseen developmental or technological difficulties with regard to
Attunity's products; changes in the competitive landscape, including new competitors or
the impact of competitive pricing and products; a shift in demand for products such as
Attunity's products; unknown factors affecting third parties with which Attunity has
formed business alliances; the impact on revenues of economic and political uncertainties
and weaknesses in various regions of the world, including the commencement or escalation
of hostilities or acts of terrorism; and other factors and risks on which Attunity may
have little or no control. This list is intended to identify only certain of the principal
factors that could cause actual results to differ.
For a more detailed description of the risks and uncertainties affecting Attunity,
reference is made to Attunity's latest Annual Report on Form 20-F, which is on file with
the Securities and Exchange Commission (SEC) and the other risk factors discussed from
time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise
required by law, Attunity undertakes no obligation to publicly release any revisions to
these forward-looking statements to reflect events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events.
(c) Attunity 2012. All Rights Reserved. Attunity is a registered trademark
of Attunity Inc. All other product and company names herein may be trademarks of their
respective owners.
Press contact:
Melissa Kolodziej
Director of Marketing Communications, Attunity
melissa.kolodziej@attunity.com
Tel: +1-781-730-4073
SOURCE Attunity Ltd
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