CHELMSFORD, Mass., March 19, 2013 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), the leading global provider of
information optimization solutions, today announced that a second
Fortune 500 financial institution in less than a month has selected
Datawatch to deliver on-line analytics for its enterprise content
management solution. For years, organizations have utilized
enterprise content management systems to store and archive vast
amounts of valuable business documents and reports related to
operations, customers and suppliers. These enterprise content
management systems, which could be described as the "original Big
Data systems," hold a tremendous amount of analytical value.
Over the last several years, as the trends for faster results and
improved decision-making have accelerated, organizations looking to
leverage this valuable asset are turning to Datawatch to provide
the technology to unlock this value. This major financial
institution chose Datawatch Monarch Professional to replace ASG
Software Solutions' DocuAnalyzer in order to modernize the solution
and extend the value available from the information stored in its
legacy Mobius ViewDirect content management system.
(Logo: http://photos.prnewswire.com/prnh/20121015/NE92833LOGO
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"With all the focus on using Big Data sources, the interest in
leveraging the value of the terabytes of information locked in
enterprise content management systems is exploding," said
Ben Plummer, Chief Marketing Officer
and Senior Vice President, Strategic Alliances for Datawatch.
"We have seen this increasing interest not just from customers, but
also from the major enterprise content management vendors and
implementation partners as well. With this recent win, our
customer not only recognized the added value that Datawatch Monarch
Professional provides over DocuAnalyzer, but positioned itself to
migrate from the legacy ASG Mobius ViewDirect platform in the
future. Since Datawatch provides the same robust analytics
across all enterprise content management systems, and works with
leading enterprise content management systems from major vendors
such as IBM, EMC, Open Text, Perceptive and Hyland, Datawatch can
provide this Fortune 500 financial institution a transition path to
a more modern enterprise content management store without needing
to retrain their users or reinvest in new technology. "
DocuAnalyzer or Mobius ViewDirect customers that are exploring
alternatives can contact Datawatch by email at sales@datawatch.com
or by calling 1-978-275-8222 to learn more about the latest
features and support options for the current version of Monarch
Professional, as well as upgrade paths from DocuAnalyzer and Mobius
ViewDirect.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation
(NASDAQ-CM: DWCH) is a leader in providing information optimization
products and solutions that allow organizations to deliver the
greatest data variety possible into their big data and analytic
applications. Datawatch provides organizations the ability to
integrate structured, unstructured, and semi-structured sources
like reports, PDF files, and EDI streams into these applications to
provide a 360 degree perspective of the issues and opportunities
that exist in their businesses. More than 40,000 organizations
worldwide use Datawatch's products and services, including 99 of
the Fortune 100, and businesses of every type can benefit from the
power and flexibility of Datawatch's industry leading solutions.
Datawatch is headquartered in Chelmsford,
Massachusetts with offices in London, Munich, Singapore, Sydney and Manila, and with partners and customers in
more than 100 countries worldwide. For more information, visit
www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Any statements contained in this
press release that do not describe historical facts may constitute
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Any such statements,
including but not limited to those relating to results of
operations, contained herein are based on current expectations, but
are subject to a number of risks and uncertainties that may cause
actual results to differ materially from expectations. The factors
that could cause actual future results to differ materially from
current expectations include the following: risks associated with
the continuing weak global economy; risks associated with
fluctuations in quarterly operating results due, among other
factors, to the size and timing of large customer orders; the
volatility of Datawatch's stock price; limitations on the
effectiveness of internal controls; rapid technological change;
Datawatch's dependence on the introduction of new products and
possible delays in those introductions; competition in the software
industry generally, and in the markets for information optimization
in particular; Datawatch's dependence on its principal products,
proprietary software technology and software licensed from third
parties; risks associated with international sales; risks
associated with indirect distribution channels; the adequacy of
Datawatch's sales returns reserve; risks associated with a
subscription sales model; risks associated with acquisitions,
including the recent acquisition of intellectual property from Math
Strategies; Datawatch's dependence on its ability to hire and
retain skilled personnel; disruption or failure of Datawatch's
technology systems that may result from a natural disaster,
cyber-attack or other catastrophic event; and uncertainty and
additional costs that may result from evolving regulation of
corporate governance and public disclosure. Further information on
factors that could cause actual results to differ from those
anticipated is detailed in various publicly-available documents,
which include, but are not limited to, filings made by Datawatch
from time to time with the Securities and Exchange Commission,
including but not limited to, those appearing in the Company's
Annual Report on Form 10-K for the year ended September 30, 2012 and Form 10-Q for the quarter
ending December 31,
2012. Any forward-looking statements should be
considered in light of those factors.
Investor Contact:
Datawatch Investor
Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323
Media Contact:
Sarah
Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch
© 2013 Datawatch Corporation. Datawatch, Monarch and their
respective logos are trademarks or registered trademarks of
Datawatch Corporation in the United
States and/or other countries. All other names are
trademarks or registered trademarks of their respective
companies.
SOURCE Datawatch Corporation