[January 14, 2008]

ANTs Successfully Demonstrates Sybase-to-Oracle Migration for ''Fortune 10'' Customer

BURLINGAME, Calif. --(Business Wire)-- ANTs software inc. (OTCBB:ANTS), a leader in compatible, high-performance SQL data management systems, today announced that it has successfully demonstrated for a customer, an application being re-hosted from Sybase to the Oracle database using the ANTs Compatibility Server(TM). The customer, a global manufacturing and financial conglomerate ranked in the top 10 of Fortune magazine's 2007 list of the largest companies, subsequently asked for a proposal to move numerous other applications from Sybase to Oracle. ANTs Software is in the process of scoping that work.

"The ANTs Compatibility Server, for the first time, brings the promise of a fast, cost-effective method for customers to move applications from one database to another - and enables enterprises to achieve cost efficiencies by consolidating their applications onto fewer databases," said Joseph Kozak, chairman and chief executive officer of ANTs Software. "I believe this request for proposal is an endorsement of our product and the need for it."

About the ANTs Compatibility Server (ACS)

The ANTs Compatibility Server is a "database virtualization" middleware layer which allows server side code (queries, functions, and stored procedures) from legacy databases to run natively and transparently against the new target database with minimal application rewriting and recompiling. The legacy application operates as if it were still communicating with the original legacy database, yet the new target database operates as if it were communicating with a native application. The first release of this virtualization server technology is focused on migrating Sybase applications to an Oracle database, although migrations from and to other databases are also planned.

ANTs software inc.

ANTs software inc. (OTCBB:ANTS), based in Silicon Valley, is developing the ANTs Compatibility Server, database virtualization middleware that enables application portability and database consolidation. The company's mission is to help customers reduce hardware, software, and development costs by providing exceptional data management solutions. For more information on ANTs Software, visit www.ants.com.

ANTs Compatibility Server (ACS) and ANTs Data Server are trademarks of ANTs software inc

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: the possibility that the market will not respond positively to the Compatibility Server, that the Compatibility Server will not be developed into a marketable product, that the customer will not accept the proposal or purchase the ANTs Compatibility Server, challenges arising from competition, 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 Compatibility Server, 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 for the fiscal quarter ended September 30, 2007. 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.

[ Back To TMCnet.com's Homepage ]

Discussions: