BURLINGTON, Massachusetts,
August 2, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of data
integration and Big Data management software solutions, announced
today that one of the largest investment companies in the world
(the "Customer") has selected Attunity Replicate as its universal
data ingestion solution to power a strategic Cloud data lake
initiative. The solution was chosen to ingest millions of daily
trading transactions into the Customer's Cloud data lake to enable
comprehensive business analytics in real-time. This initial deal
included revenues of over $1.0
million in license, maintenance and services recognized in
the second quarter of 2017.
The Customer started the process by looking for a solution that
supports a broad range of heterogeneous data sources including
Oracle and IBM Mainframe, with high-performance change data capture
and data ingestion to support large and growing data volumes, and
real-time data delivery to the Cloud for analytics. The Customer
evaluated several solutions and chose Attunity Replicate after
extensive testing and security vetting. The Customer expects to
implement the solution quickly to meet its objective of delivering
real-time analytics across the business in a timely
manner.
"This deal is yet another example of the burgeoning need of
corporations across the globe to provide large-scale, real-time
analytics to support competitive advantage," explained
Shimon Alon, Chairman and Chief
Executive Officer at Attunity. "Attunity Replicate
continues to be selected due to our proven ability to streamline
data ingestion at scale in the Cloud and across hybrid
environments. We are excited about working with this world-leading
organization and the opportunity to expand our value beyond the
scope of the initial project."
About Attunity
Attunity is a leading provider of data integration and Big Data
management software solutions that enable availability, delivery,
and management 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 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. 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 contact:
Melissa Kolodziej
Senior Director of Marketing Communications, Attunity
Tel. 603-305-3664
melissa.kolodziej@attunity.com
Dror Harel-Elkayam
CFO, Attunity Ltd.
P: +972-9-899-3000
dror.elkayam@attunity.com
SOURCE Attunity Ltd.