SAND Technology Closes Out 2006 With Significant Customer, Partner and Product Milestones
24 December 2006
SAND Technology, Inc. (OTC Bulletin Board: SNDTF.OB), an international provider of intelligent enterprise information management solutions, announced today that in 2006 it has increased its customer base and channel partners, demonstrating market traction for its SAND/DNA product suite, including the SAND/DNA offering for SAP BI. Rising adoption of the company's intelligent information management solutions demonstrates the driving need enterprises have to manage explosive data growth in transaction processing and data warehouse environments to provide executives, managers and business analysts with timely access to data, and at lower total cost of ownership. Other key SAND milestones include an expanded global channel and footprint in the Asia Pacific and Latin America regions.
"SAND has successfully demonstrated, through its customers and partner traction, that its technology addresses what is truly a significant challenge for today's enterprises that face tremendous pressure to keep up with regulatory, compliance and everyday business demands," said Mark Smith, Ventana Research. "As organizational data continues to grow in both size and complexity, businesses need rapid, cost-effective access to that data, regardless of where it is stored. SAND's intelligent information management technology allows companies to leverage their data -- quickly and cost-efficiently -- across the enterprise."
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SAND 2006 Milestones
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SAND further bolstered its industry position with the introduction of the SAND/DNA product suite including SAND/DNA for SAP BI, delivered through an expanding global channel; industry certifications; and traction with new vertical markets. SAND highlights for 2006 include:
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Launch of Powerful Intelligent Information Management Platform
SAND combined its core SAND/DNA Access and SAND/DNA Analytics products to
create a comprehensive platform for advanced information management
technology that works seamlessly to manage extensive data stores. This
tight integration of SAND's core products provides fast access to and
highly efficient utilization of data in enterprise environments and large
data warehouses. SAND/DNA enables enterprise customers in industries such
as energy, healthcare, telco, government, financial services, retail, and
global transportation to cost-effectively retain massive amounts of
highly compressed data -- typically up to 10 percent of its original size
-- in a nearline repository for extended periods, in accordance with any
applicable business rules and regulatory requirements, and to rapidly
retrieve information when needed. A centralized data management solution
with unparalleled performance and storage efficiency, the SAND/DNA suite
dramatically reduces costs and management complexity while ensuring
continuous data availability.
Penetration into SAP User Market: SAND Introduces SAND/DNA for SAP BI
SAND announced the availability of SAND/DNA(TM) for use with SAP
NetWeaver(R) Business Intelligence (SAP NetWeaver BI), a new product
specifically designed to complement the data lifecycle management
capabilities available to organizations as their data warehouse solutions
grow in size. Users can now move infrequently used data into a nearline
repository, where it is stored in a highly compressed format while
remaining easily accessible. As a result, storage costs are reduced
without compromising users' ability to access granular historical data.
SAND/DNA for SAP BI is able to seamlessly integrate huge amounts of
detail data into SAP NetWeaver BI to support rapid, comprehensive
analysis, regardless of database size and sophistication. "Through SAND's
data compression and schema management capabilities, an SAP NetWeaver BI
archive based on SAND/DNA can be maintained and used more like an online
database than an offline archive," said Joshua Greenbaum, principal of
Enterprise Applications Consulting (EAC). "The ability to use the same
query tools, and to do so using online disk storage instead of mounting
tapes, means the SAP NetWeaver BI user's experience of SAND/DNA - and
therefore the quality of the overall analysis - can be expected to be
vastly superior to that offered by the standard archiving systems in use
today."
Product Certifications and Benchmarks
(*) SAP Certification: SAND announced that SAND/DNA was certified by SAP
as an integrated ABAP add-on with SAP NetWeaver(R) Business
Intelligence (SAP NetWeaver(R) BI), version 3.x and achieving
"Powered by SAP NetWeaver" status. The certification from SAP marked
an exciting step forward in the partnership with SAP, as well as
SAND's commitment to successful compliance with SAP's ABAP
technology standards as part of SAND/DNA to help reduce total cost
of ownership for SAP NetWeaver based platform customers.
(*) Sun Benchmark Testing: SAND announced support for the Sun
Solaris(TM) 10 Operating System (OS) and its AMD Opteron processor-
based system. The combination of Sun's platform and SAND's software
products helps customers reach their performance goals for managing
and accessing multiple terabytes of data more easily than ever
before. Performance tests demonstrated load speeds of greater then 1
terabyte per hour and query speeds of 2 terabytes per minute,
processing 75 million rows per second.
(*) Interoperability with NetApp: SAND/DNA for SAP BI was tested and
proven to run on NetApp(R) storage systems, expanding customer
storage options for SAND/DNA deployment. SAND software also
demonstrated interoperability with NetApp SnapLock(R) software,
which prevents record deletion or alteration until a specified
retention date. The compatibility of the two solutions offers joint
SAP customers a high-performance compliance solution that helps
enable rapid access to data that must be kept available for
regulatory purposes.
Customer Traction
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SAND enjoyed key initial adoption of SAND/DNA Access, SAND/DNA Analytics and SAND/DNA for SAP BI across the globe. Some customer wins include:
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(*) Major energy company Entega Service purchased SAND/DNA for SAP BI as
a nearline solution to manage the rapidly growing volumes of data in
its SAP Business Information Warehouse (SAP BW) environment. Looking
for a way to accommodate the expansion of SAP BW, Entega decided to
adopt an ILM strategy incorporating a nearline component to limit
increases in data size and minimize administrative requirements.
Other SAND/DNA for SAP BI adopters include a large Asian
telecommunications provider (marking SAND's first Asian sale), a
major U.S. government agency, and a large retail European retail
company through RI-Solution GmbH.
(*) NHN Corporation in Korea (described in BusinessWeek magazine as one
of the "hottest Internet search companies on earth") implemented the
SAND/DNA Analytics product as the core component of a data warehouse
system supporting analysis of Internet portal usage. In addition, a
major European telecommunications provider chose SAND/DNA Analytics
as the centralized data storage component in a data warehouse system
used to analyze user behavior on web portals. The firm cited the
SAND product's flexibility, high rate of data compression and
excellent data load and query performance as the reasons for their
decision.
Strengthening Deal Flow through the Channel
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SAND concentrated on filling out its channel efforts with newly established partnerships with hardware companies, resellers, system integrators, and software vendors.
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(*) SAND has integrated its SAND/DNA Access for SAP NetWeaver BI
offering with Open Text Livelink ECM Suite for SAP Solutions. This
integration creates an environment in which SAND/DNA Access users
can more easily and cost-effectively access nearline and archived
data required for analytic purposes. The three-tiered environment
will support active data kept online to satisfy day-to-day reporting
requirements, nearline data for long-term analysis and/or rebuilding
of warehouse information layers, and archived historical data, all
seamlessly supported by the integrated combination of SAP NetWeaver
BI, SAND/DNA Access and Open Text's Livelink ECM.
(*) SAND and Sun Microsystems began working together to offer the
SAND/DNA Access nearline data storage solution as part of a "pre-
bundle" for SAP BW users. The Sun and SAND solution will enable SAP
users to more efficiently manage large volumes of data that could
impede performance of operational data warehouse processes while
reducing their storage costs.
(*) SAND signed a distribution agreement with WG Systems, a leading IT
Solutions provider in Brazil, marking its expansion into the Latin
American market. WG Systems will resell and promote SAND
Technology's SAND/DNA Access(TM) and SAND/DNA Analytics(TM) software
products in their Brazilian territory which includes customers in
the financial services, telecommunications and manufacturing
industries.
(*) SAND and KXEN, a leader in descriptive and predictive analytics,
signed a partnering agreement to jointly promote each other's
products for advanced analytical applications. The two firms have
already combined to deliver powerful analytical CRM solutions to a
number of large customers.
(*) In addition to securing its first customer win in the Asian market,
SAND further established its presence there by signing a reseller
deal with DBDSynergy, which will distribute the SAND/DNA product
suite in Japan.
Event Highlights
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SAND executives were sought after for industry conferences this year, including:
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(*) 2006 SAP Analyst Summit: SAND was invited to speak at SAP's
exclusive Analyst Summit in December, presenting with Lothar
Schubert on Business Information Management with SAP NetWeaver.
(*) TDWI World Conference: SAND's Dr. Michael Hahne led an educational
course on SAP Business Information Warehouse in May at The Data
Warehousing Institute (TDWI) World Conference. TDWI is the premier
event for business intelligence and data warehousing education.
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"Looking back at this year, we are very pleased with how the companies key products have gained critical early acceptance and adoption and how the market is responding to the value that an intelligent information management solution such as ours can deliver," said Arthur Ritchie, president and CEO, SAND Technology. "We look forward to building on the momentum we've achieved in 2006 and expanding the delivery of our industry-leading technology to large enterprises grappling with the real-world challenge of effective information management with corporate data that is exploding in both size and complexity."
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About SAND Technology
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SAND is an international provider of intelligent information management software. The SAND/DNA product suite scales to help any size enterprise cope with exploding data requirements, now and into the future. SAND/DNA Access allows for retaining all potentially relevant data in a tiny footprint while providing instant access to just what's required. SAND/DNA Analytics allows for complex what-if analysis to meet any planned and unplanned business need. Sharing SAND's patented "ask-anything" DNA, together they provide a just-in- time approach to data management with unparalleled productivity and cost- effectiveness.
SAND/DNA solutions include SAP-certified information management, CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors.
SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.
NOTE: SAND Technology and Nucleus are registered trademarks, and SAND, SAND/DNA, SAND/DNA Access, SAND/DNA Analytics, SAND Dynamic Nearline Access, SAND Dynamic Nearline Analytics, SAND Dynamic Nearline Architecture, SAND Searchable Archive, SAND Analytic Server, and other SAND- and Nucleus-related terms are trademarks of SAND Technology Inc. Other trademarks remain the property of their respective owners. All other product and service names mentioned are the trademarks of their respective companies.
Certain statements contained in this press release are "forward looking statements" within the meaning of the United States Securities Act of 1933 and of the United States Securities Exchange Act of 1934. The forward-looking statements are intended to be subject to the safe harbour protection provided by these Acts. We have based these forward-looking statements on our current expectations and projections about future results, levels of activity, events, trends or plans. Such forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SAND to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward looking statements included in this press release are based on current expectations and on information available to SAND on the date of this press release. For a more detailed discussion of these risks and uncertainties and other business risks, see SAND's current Annual Report and SAND's reports to the Securities and Exchange Commission. You are cautioned not to place undue reliance on forward- looking statements, which speak only as of the date made. We undertake no obligation to publicly release the result of any revision of these forward- looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.
For further information: Media, Linda Arens of SAND Technology, +1-650-726-7539, or pr@sand.com; or North America, UK/Western European Press, Sabrina Sanchez of Ventana Public Relations, +1-925-875-1968, or sabrina.sanchez@ventanapr.com, for SAND Technology; or German/Central European Press, Richard T. Lane of IMC International Marketing Communications, +49 61 31 / 89 13 89, or lane@imc-pr.de, for SAND Technology; or Investor Relations, de Jong & Associates, +1-760-943-9065, or sndt@dejong.org, for SAND Technology Web Site: http://www.sand.com
Source: newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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