BURLINGTON, Massachusetts,
January 4, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading
provider of data integration and Big Data management software
solutions, announced today that a global payments processing leader
(the "Customer") has signed an agreement for $1.1 million (in license, services and 5 years of
maintenance and support) for Attunity Replicate to enable real-time
Big Data analytics in its Hadoop-based data lake environment.
Leveraging universal data ingest and replication, the Customer
expects to monetize data collected from transactional systems to
generate new revenue streams, as well as improve merchant
satisfaction by reducing their costs related to credit checks.
With data volumes increasing quickly, this Europe-based customer realized that its
traditional analytics platforms were not able to scale and process
data in a timely fashion. To enable high speed and scalability, the
Customer built a new data lake leveraging Hadoop, and sought out a
real-time data ingest solution. The data ingest technology needed
to be competent handling high volumes of data from many systems
without requiring large development resources. Therefore, the
Customer selected Attunity Replicate, a universal, easy-to-use,
real-time data ingest platform that can scale with data growth and
support the Customer's diverse data platforms including Oracle, SQL
Server, Kafka and Hadoop.
"More and more, global corporations are turning to us to help
them accelerate and streamline their Data Lake environments - a
strategy which is helping them turn their data assets into new
sources of revenue and competitive advantage," explained
Shimon Alon, Chairman and Chief
Executive Officer at Attunity. "Attunity Replicate
enables such initiatives with its universal and real-time data
ingest solution supporting many data sources. Being continuously
selected for such large-scale initiatives demonstrates our
product's superior capabilities and our technology leadership as we
focus on satisfying the evolving needs of such global
companies."
About Attunity
Attunity is a leading provider of Big Data management software
solutions that enable access, management, sharing and distribution
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 and Visibility 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; risks and uncertainties relating to acquisitions,
including costs and difficulties related to integration of acquired
businesses; our ability 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 Compose and Attunity Visibility; risks and
uncertainties relating to 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 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. +1-603-305-3664
Dror Harel-Elkayam, CFO
Attunity Ltd.
P: +972-9-899-3000
dror.elkayam@attunity.com
SOURCE Attunity Ltd.