Attunity Expands its International Business in Latin America With Five New
Partners to drive revenue and market share growth for Attunity's software
solutions in Mexico and South America
BURLINGTON, Massachusetts, May 16, 2013
BURLINGTON, Massachusetts, May 16, 2013 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of information availability
software solutions, announced today that it has entered into reseller
agreements with five new partners* to drive and grow Attunity's revenue and
market share in Latin America. Based in Brazil and Mexico, these partners will
market, resell, and provide local support for Attunity's award-winning
software solutions, including high-performance data replication, application
release automation, and managed file transfer. Attunity expects to recognize
revenues from these partnerships in the second half of this year.
"We are pleased to finalize this strategic agreement with Attunity and are
eager to add their leading solutions to our IT sales portfolio," said Enrique
Salazar, Chief Executive Officer at Infomedia, one of the five new resellers.
"Making data available is a critical need here in Latin America and the market
for data integration and deployment solutions continues to grow. Our customers
rely on us to provide them with best-in-class and cost-effective solutions,
and we are proud that we can expand on that service and cement their trust
through our partnership with Attunity."
"The requirement for making information available when and where needed has
become a ubiquitous one from organizations across the globe. And the expansion
in the Latin American market creates a great opportunity for us to grow our
revenues and market share for our high-performance solutions," stated Shimon
Alon, Chairman and CEO at Attunity. "We are confident that we found the right
group of partners to help us capitalize on this opportunity."
* About the Partners:
1. AIS Sistemas Avanzados de Informacion: Based in Mexico, AIS offers
strategic IT solutions and professional services to help customers increase
competitiveness and improve their business.
2. B2T Business to Technology: Based in Brazil, B2T offers IT services in the
informational market and is dedicated to developing the best solutions for its
clients. They are a leader in Business Intelligence for government in Brazil.
3. Comercio Incoterms: A leading consulting company based in Mexico with over
20 years' experience in the information technology market, Comercio Incoterms
provides the ideal technology solutions to create optimal value for its
customers, integrating specialized tools like ERPs and high-profile
4. Infomedia: Founded in Mexico in 1991 by experienced database and IT
consultants, Infomedia is focused on complex Database and Business
Intelligence projects. Infomedia's customers are some of the largest banks and
financial services companies in Mexico.
5. IT7 Sistemas: A Brazilian System Integrator company, IT7 Sistemas is
headquartered in Curitiba with offices in São Paulo, Brasilia, and Rio de
Janeiro, Brazil. They specialize in developing and integrating IT products to
solve business challenges of enterprise companies.
Attunity is a leading provider of information availability software solutions
that enable access, sharing and distribution of data across heterogeneous
enterprise platforms, organizations, and the cloud. Our software solutions
include data replication, change data capture (CDC), data connectivity,
enterprise file replication (EFR), managed-file-transfer (MFT), and cloud data
delivery. Using Attunity's software solutions, our customers enjoy significant
business benefits by enabling real-time access and availability of data and
files where and when needed, across the maze of heterogeneous systems making
up today's IT environment.
Attunity has supplied innovative software solutions to its enterprise-class
customers for nearly 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 HP.
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 In Tune blog and join
our community on Twitter, Facebook, LinkedIn and YouTube.
Safe Harbor Statement
This press release contains forward-looking statements 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 discuss that revenues are expected to be recognized from the resellers
later this year, we are using 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: our reliance on strategic relationships with our distributors,
OEM and VAR partners, including Microsoft, and on our other significant
customers; risks and uncertainties relating to acquisitions, including costs
and difficulties related to integration of acquired businesses; our liquidity
challenges and the need to raise additional capital in the future; timely
availability and customer acceptance of Attunity's new and existing products,
including Attunity Replicate and Attunity CloudBeam; 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; 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 Annual Report on Form 20-F
for the year ended December 31, 2012, 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
© Attunity 2013. 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.
Melissa Kolodziej, Director of Marketing Communications, Attunity
SOURCE Attunity (UK) Ltd
Press spacebar to pause and continue. Press esc to stop.