BURLINGTON, Massachusetts,
October 18, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading
provider of data integration and Big Data management software
solutions, announced today that a large, multi-billion dollar
health insurance company (the "Customer") is using Attunity
Replicate to facilitate its strategic, large-scale data center
consolidation initiative. Leveraging subscription-based pricing,
the customer has the flexibility to use Attunity to enable its
heterogeneous data migration effort during the term of its project,
with options to extend the subscription term as well as expand the
scope of supported data platforms.
The Customer, who manages Medicare and provides services for the
insured and under-insured, had recently acquired another large
company and initiated a data center consolidation project. The goal
was to increase efficiencies and reduce total operating costs,
which required migrating data from nearly one hundred disparate
databases. The Customer chose Attunity Replicate because of its
proven ability to support their disparate data sources, its ease of
use to accelerate implementation, and its commercial flexibility to
accommodate term-based subscription licensing for use over
time.
"This deal is a great example of another substantial company
using our subscription-based licensing to accommodate term-based
projects with the option to expand use as they scale and improve
other parts of their business," explained Shimon Alon, Chairman and Chief Executive
Officer at Attunity. "We are excited about the
possibility of extending this deal and expanding our value after
the initial project by assisting this leading organization to
improve its processes and become even more successful."
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 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; our ability to manage our growth
effectively; acquisitions, including costs and difficulties
related to integration of acquired businesses and possible
impairment charges; our ability to continue 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 Replicate, Attunity Compose
and Attunity Visibility; 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 (as amended) 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
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.