BURLINGTON, Massachusetts,
January 11, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of data
integration and Big Data management software solutions, announced
today that a global, multi-billion dollar insurance company (the
"Customer") has signed an agreement for $0.8
million in license fees, services and five years of
maintenance for Attunity Replicate, which is expected to
significantly enhance the performance of the Customer's recently
implemented data lake analytics solution.
The Customer will utilize Attunity Replicate to provide
real-time data feeds into its data lake, a single repository for
their enterprise-wide reporting and analytics, as well as to
support quick data absorption for acquisitions - both highly
strategic and important initiatives for the Customer.
The Customer, who focuses on acquiring and managing insurance
companies, as well as providing management, consulting and other
services to the industry, originally evaluated Attunity Replicate
Express as a free trial solution. The Customer then selected
Attunity Replicate for its high-scale production use after
experiencing how efficient and effective it is at ingesting data
from various heterogeneous systems into a Hadoop platform, noting
its automation, real-time capabilities and ease of use as key
advantages.
"This customer-engagement is yet another example of the
strategic value that Attunity solutions bring to the table for key
data lake initiatives currently taking place at large corporations
in the world," stated Shimon
Alon, Chairman and Chief Executive Officer at
Attunity. "We are proud to be a part of these critical projects
that are helping companies bring their Big Data analytics
capabilities to the next level, enabling more informed
decision-making and better business insights for a competitive
edge."
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. References to customer
successes are based upon a single user experience and such
customer's testimonial.
Safe Harbor Statement
This press release contains forward-looking statements,
including statements regarding the anticipated features and
benefits of Replicate and Visibility 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 Attunity Replicate is expected to significantly
enhance the performance of the Customer's recently implemented data
lake analytics solution, or when we say that the Customer will
utilize Attunity Replicate to provide real-time data feeds into its
data lake, 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 2017. 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 contacts:
Melissa Kolodziej,
Senior Director of Marketing Communications,
Attunity
melissa.kolodziej@attunity.com
Tel. 603-305-3664
Dror Harel-Elkayam,
CFO
Attunity Ltd.
Tel. +972-9-899-3000
dror.elkayam@attunity.com
Investor Contact:
Garth Russell
Tel. 212-896-1250
grussell@kcsa.com
SOURCE Attunity Ltd.