FreeSat, SAND's Strategic Reseller in South Korea, Signs Kookmin Bank in the
Financial Services Market
MONTREAL, Jan. 27
MONTREAL, Jan. 27 /PRNewswire-FirstCall/ -- SAND Technology Inc. (OTC Bulletin
Board: SNDTF), an international provider of data management software and
services, announced today that its South Korean reseller, FreeSat, has
continued to expand its Financial Services portfolio with new implementations
of the SAND/DNA product suite using FreeSat's consulting services. FreeSat
specializes in providing Business Intelligence consulting services and
innovative IT solutions for Information Lifecycle Management (ILM), and has
been a key SAND reseller for five years. During the last quarter, FreeSat has
signed Kookmin Bank to use SAND/DNA Access for their archiving project.
"Even in these challenging economic times, customers continue to struggle with
growing amounts of data and decreasing budgets," said Linda Arens, Vice
President, Global Alliances and Marketing, SAND Technology. "We are very
fortunate to have FreeSat representing SAND in this region who can continue to
sell solutions and has the respect of their clients and is viewed as a trusted
"We are very pleased to act as SAND's reseller in South Korea and the Asian
region," said D.O. Shin, Managing Director of Sales for FreeSat. "Because of
its ability to manage huge volumes of data with minimal hardware and
administration requirements, SAND/DNA software is a key component of the
solutions that we offer our customers."
SAND/DNA enables enterprise customers in all industries to cost- effectively
retain massive amounts of compressed data 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. Organizations can
create data marts on demand to respond to any analytic requirement with all
enterprise data -- current or historical, detailed or summarized. SAND/DNA's
advanced information management technology compresses data to typically 10
percent of its original size, while giving users the ability to query any
attributes of the data without decompressing it first. This next-generation
capability is ideal for satisfying enterprise compliance requirements as well
as for leveraging valuable information in data warehouses.
About SAND Technology
SAND is an international provider of intelligent information management
software and best practices. 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.
SAND/DNA solutions include CRM analytics, and specialized applications for
government, healthcare, financial services, telecommunications, retail,
transportation, and other business sectors. SAND/DNA has achieved "Certified
for SAP NetWeaver" status and SAND Nearline Integration Controller has
achieved "Powered by SAP NetWeaver" status.
SAND Technology has offices in the United States, Canada, the United Kingdom
and Central Europe.
Safe Harbour Statement
This news release may contain forward-looking statements. Forward-looking
statements may include, without limitation, any statement relating to future
events, conditions or circumstances. Forward-looking statements in this
release are not promises or guarantees and are subject to certain risks and
uncertainties, and actual results may differ materially. The risks and
uncertainties that may affect forward-looking statements include risks
detailed from time to time in the Company's filings with the Securities and
Exchange Commission and the Autorite des marches financiers (Quebec). You
should not place undue reliance upon any such forward-looking statements,
which are based on management's beliefs and opinions at the time the
statements are made and the Company does not undertake any obligations to
update forward-looking statements should circumstances or management's beliefs
or opinions change.
SOURCE SAND Technology Inc.
Contact: Media, Linda Arens of SAND Technology, +1-650-726-7539, firstname.lastname@example.org,
or North America, UK|Western European Press, Linda Arens of SAND Technology,
+1-650-726-7539, or German|Central European Press, Richard T. Lane of IMC
International Marketing Communications, +49 61 31 | 89 13 89, email@example.com,
or Investor Relations, de Jong & Associates, +1-760-943-9065, firstname.lastname@example.org,
both for SAND Technology
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