BURLINGTON, Massachusetts,
April 24, 2018 /PRNewswire/ --
Attunity Ltd. (NASDAQ CM: ATTU), a
leading provider of data integration and Big Data management
software solutions, announced today that it has entered into a new
multi-million-dollar technology license agreement with one of its
existing OEM partners, a global technology company. Replacing an
older OEM agreement, the new agreement includes $3.5 million in total licensing fees and
additional recurring annual support fees of $300,000.
"This new agreement with an existing partner demonstrates
continued increasing market demand for our core technology and our
strategic global partnership capabilities," stated Shimon Alon, Chairman and Chief Executive
Officer at Attunity. "We believe this agreement well
demonstrates the large opportunity ahead of us, further
accelerating our revenue growth, as well as our continued
partnership with this large global partner."
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.
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.