BURLINGTON, Massachusetts,
December 22, 2016 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of data
integration and Big Data management software solutions, announced
today that it has signed a $1.25
million deal with a large medical claims processing company
(the "Customer"). The solution is designed to enable the Customer
to displace its current data replication solution to meet its
business needs more effectively and with less complexity, labor and
cost. Attunity Replicate was selected as a universal data
replication platform due to its high performance and real-time data
delivery, which provide efficiencies that are expected to save the
Customer significant time as well as millions of dollars in
contracting and licensing fees.
Currently, to keep up with business needs and Service Level
Agreements (SLA), the Customer is paying hundreds of thousands of
dollars to outside contractors, hired to operate and maintain the
legacy data replication software. This work entails proprietary
scripting to enable data delivery across its mainstream database
systems. Additionally, the Customer pays millions of dollars every
three years to renew its licensing agreements with the current data
replication vendor. By selecting Attunity Replicate, Attunity
expects the Customer to immediately benefit from its superior ease
of use and manageability. In addition, the simplified data delivery
and in-house maintenance will allow the Customer to scale its
processes with significantly less resources.
"The need for real-time data availability is increasing the
pressure on enterprises across nearly every industry to scale data
delivery with more efficiency and reduced costs. However, most
enterprises are finding it to be a major challenge to expand their
current data platforms with legacy data replication software,"
commented Shimon Alon, Chairman
and Chief Executive Officer at Attunity. "We are consistently
being chosen by world-class companies as their new standard for
universal data replication due to our superior product and
technology. This win is another example of our leadership and
innovation."
About Attunity
Attunity is a leading provider of Big Data management software
solutions that enable access, management, sharing and distribution
of data across heterogeneous enterprise platforms, organizations,
and the cloud. Our software solutions include data
replication and distribution, test data
management, change data capture (CDC), data
connectivity, enterprise file
replication (EFR), managed file
transfer (MFT), data warehouse automation, data usage
analytics, and cloud data delivery.
Attunity has supplied innovative software solutions to its
enterprise-class customers for over 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 Hewlett Packard
Enterprise. 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 blog and join our community on
Twitter, Facebook, LinkedIn and YouTube.
Important Note: The announcement of any particular
selection or implementation of Attunity products is not necessarily
indicative of the timing of recognition of revenue therefrom or the
level of revenue for any particular period.
Safe Harbor Statement
This press release contains forward-looking statements,
including statements regarding the anticipated features and
benefits of Replicate Solutions, 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. For example, when we say that
the simplified data delivery and in-house maintenance will allow
the Customer to scale its processes with significantly less
resources, or when we say that Attunity expects the Customer to
immediately benefit from Attunity Replicate's superior ease of use
and manageability, we use forward-looking statements. Because such
statements deal with future events, they are subject to various
risks and uncertainties and actual results, expressed or implied by
such forward-looking statements, 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 our history of operating losses
and ability to achieve profitability; our reliance on
strategic relationships with our distributors, OEM, VAR and
"go-to-market" and other business partners, and on our other
significant customers; risks and uncertainties relating to
acquisitions, including costs and difficulties related to
integration of acquired businesses; our ability to expand our
business into the SAP market and the success of our Gold Client
offering; timely availability and customer acceptance of Attunity's
new and existing products, including Attunity Compose and Attunity
Visibility; risks and uncertainties relating to fluctuations in our
quarterly operating results, which may not necessarily be
indicative of future periods; 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; 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 as well as cyber-attacks; 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
with, 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.
© Attunity 2016. 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. 603-305-3664
Dror Harel-Elkayam, CFO
Attunity Ltd.
P: +972-9-899-3000
dror.elkayam@attunity.com
SOURCE Attunity Ltd.