BURLINGTON, Massachusetts,
December 18, 2018 /PRNewswire/ --
Attunity Ltd. (NASDAQ CM: ATTU), a leading provider of data
integration and big data management software solutions, announced
today that a large European bank (the "Customer") has signed a
$1 million strategic license and
services agreement for Attunity Replicate and Attunity Enterprise
Manager (AEM), with future expansion opportunities.
The Customer, one of Europe's
leading retail and commercial banks, selected Attunity to integrate
data from its many enterprise data sources into a corporate data
lake to enable strategic data analytics. The current incumbent
solutions were unable to support the heterogeneity and scale
required for success. Following a comprehensive selection process,
the Customer chose Attunity's easy-to-use platform for its ability
to deliver real-time data ingestion from a wide variety of systems,
including SQL Server and Oracle. The Attunity platform will
automate their data integration process - eliminating the need for
programming or scripting. These capabilities are expected to
accelerate the rollout of the Customer's new analytics
initiative.
"Customers worldwide continue to choose Attunity as a valued
partner - helping to enable the most strategic data analytics
initiatives," stated Mark Logan,
President at Attunity. "This agreement is another proof point
of that. We are excited to continue our momentum within the
financial services market where providing real-time access to
business data and analytics is essential."
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. For example, when we say that
the Attunity platform will automate the Customer's data integration
process, we use a forward-looking statement. 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. 603-305-3664
Investor Contact:
Allison Soss
KCSA Strategic Communications
Attunity@kcsa.com
Tel. +1-212-896-1267
SOURCE Attunity Ltd.