BURLINGTON, Massachusetts,
April 11, 2018 /PRNewswire/ --
Attunity Ltd. (NASDAQ CM: ATTU), a
leading provider of data integration and Big Data management
software solutions, announced today that a leading North American
manufacturing and distribution company (the "Customer") has signed
a three-year term agreement in excess of $2
million to license Attunity Replicate, Attunity Compose, and
Attunity Compose for Hive. The integrated Attunity platform was
selected to centralize the Customer's multiple business unit data
platforms on a Microsoft Azure cloud data lake, for greater
facilitation of diverse analytic needs.
The Customer, a multi-billion-dollar company, selected Attunity
for its unique ability to automate the process of making real-time
data available across multiple heterogeneous systems, including
Oracle, IBM Netezza and SQL Server, reducing manual scripting, and
integrating with multiple Azure data systems.Further, using
Attunity Compose and Compose for Hive, the Customer can accelerate
the process of making data ready for analytic consumption in SQL
Server data warehouses as well as its data lake. This modern
foundation will empower the Customer to support diverse business
analytics related to its customers, marketing and logistics.
"This strategic win demonstrates the unique value of our
broad product platform to enable data lake and cloud solutions, and
our ability to become a trusted partner to leading companies
building modern data initiatives," stated Mark Logan, Chief Operating
Officer at Attunity. "We continue to see growing
adoption of the cloud as a data lake platform and are well
positioned to help companies migrate to platforms like Microsoft
Azure. This three-year agreement is a great example of the
recurring revenue stream that our new pricing models are designed
to generate."
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 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 2018. 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. +1-603-305-3664
SOURCE Attunity Ltd.