Raging ANTS

Inquiring minds would like to know more about this global financial services company and how quickly ANTs will be able to migrate the  Sybase Database to Oracle’s.

This morning’s news release sheds some light:

ANTs Launches Pilot Application Migration Project With Global Financial Services Company
Tuesday September 18, 8:00 am ET
Compatibility Consortium Member Selects First Application to Migrate From Sybase to the Oracle Database

BURLINGAME, Calif.–(BUSINESS WIRE)–Taking the next step in its aggressive product development plan, ANTs software inc. (OTCBB:ANTS – News) today announced it is beginning its first pilot project to migrate an application from Sybase to the Oracle database using the ANTs Compatibility Server(TM) (ACS). The application — selected by a charter member of the ANTs Compatibility Server Consortium — is a proprietary information management system used by this global financial services company’s institutional brokerage clients for the timely and efficient management of all trades, positions, and balances. The consortium member is dedicating technical resources to this project to assist in the migration process.
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“We are very excited to begin the first migration project with a member of our recently formed Compatibility Server Consortium, and over the next few months we look forward to successfully completing this important step towards addressing a critical industry need,” said Ari Kaplan, president of the Independent Oracle User Group and ANTs board member, who is managing the Compatibility Server Consortium. “The feedback we expect to receive from members of the consortium as they migrate their pilot applications will be invaluable, and will help shape the future of this exciting database virtualization technology.”

According to Kaplan, the ANTs approach is unique in that, with minimal or no changes, applications can be retargeted from Sybase to the Oracle database through the ANTs Compatibility Server. Stored procedures, queries, triggers, error codes, and other functionality from the Sybase application run natively on the ANTs Compatibility Server, which also connects natively to the new Oracle database. The ANTs Compatibility Server is based on the compatibility and advanced connectivity technologies developed over the past two years by ANTs for its flagship ANTs Data Server, and illustrates how these technologies can be applied to quickly migrate applications to any of the major enterprise databases from Oracle, Microsoft, or IBM.

Although today’s migration tools typically automate a significant portion of the effort required to migrate an application from one database to another, completing the remainder of the migration requires difficult, costly, and time-consuming manual efforts. The ANTs Compatibility Server, still under development, is designed to extend current migration tools to automate the entire process.

Ten Fortune 500 or equivalent companies, comprised of leading firms in financial services, travel, consumer goods, and other industry sectors, have been selected as charter members of the ANTs Compatibility Server Consortium. The consortium is working with ANTs to develop processes and programs for migrating pilot Sybase applications to the Oracle database using the ANTs Compatibility Server.

About the ANTs Compatibility Server (ACS)

The ANTs Compatibility Server is a “database virtualization” middleware layer which allows server side code (queries, stored procedures and triggers) from legacy databases to run natively and transparently against the new target database with minimal application rewriting and recompiling. The legacy application operates as if it were still communicating with the original legacy database, yet the new target database operates as if it were communicating with a native application. The first release of this virtualization server technology is focused on migrating Sybase applications to an Oracle database, although migrations from and to other databases are also planned.

ANTs software inc.

ANTs software inc. (OTCBB:ANTS – News), based in Silicon Valley, develops and sells the ANTs Data Server, an affordable, high-performance relational database. The company is developing the ANTs Compatibility Server, a database virtualization layer that enables application portability and database consolidation. The company’s mission is to help customers reduce hardware, software, and development costs by providing exceptional database price/performance. For more information on ANTs Software, visit www.ants.com.

This press release is neither an offer to sell, nor a solicitation of offers to purchase securities. This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future performance, are sometimes identified by words of condition such as “should,” “may,” or “intends,” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: the possibility that the market will not respond positively to the Compatibility Server, that the Compatibility Server will not be developed into a marketable product, challenges arising from competition, problems encountered in commercializing the ANTs technology, potential of undetected infringing technology or non-infringing competitive technologies, difficulties experienced in product development, roadblocks experienced in sales and marketing activities, longer than expected sales processes, difficulties in recruiting knowledgeable and experienced personnel, possible problems in migrating applications using the Compatibility Server, potential problems in protecting the Company’s intellectual property, and problems securing the necessary financing to continue operations. Further information concerning these and other risks is included in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-Q for the fiscal quarter ended June 30, 2007. The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact:
ANTs software inc.
Cesar Rojas, 650-931-0535
cesar.rojas@ants.com
or
Corman Communications, LLC
Patrick Corman, 650-326-9648
patrick@cormancom.com