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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: let who wrote (1142)11/10/1999 11:30:00 AM
From: Sleeper   of 1200
 
Company Press Release
Sand Technology Systems: Nucleus Version 2.5 Hits the Market -- Enhanced Functionality Enables Cost Effective CRM and Decision Support
LONDON & MONTREAL--(BUSINESS WIRE)--Nov. 10, 1999--SAND (NASDAQ:SNDT - news) AT DATA WAREHOUSING '99


Sand Technology Systems International Inc. (NASDAQ:SNDT - news) today announced the general availability and commercial release of Nucleus Exploration Mart and Nucleus Prototype Mart, Version 2.5. This new software release introduces unique functionality, including many robust features enabling breakthrough capabilities for building, deploying and accessing decision-oriented applications like CRM, ERP and Business Intelligence. Nucleus users will see a new ODBC fast load capability from any data source, enhanced analytical capabilities using Virtual Private Databases (VDBs), improved installation, ease of use and flexibility using new GUI tools, and increased system performance and data extensibility made possible by integration with Windows NT utilities.

``Nucleus 2.5 delivers many unique capabilities for companies that rely on timely analysis of critical business systems like DSS, CRM, ERP and Business Intelligence,' said Doug Lynn, Vice President of Meta Group. ``As core business units like marketing and finance increase their demand for new and frequent changes to CRM applications and DSS systems, time to deployment combined with both predictable and containable cost is critical. Through the combination the ODBC fast load connectivity and the use of Nucleus' new Virtual Private Database functionality, Nucleus can now be used to rapidly 'specialise' end users' analytical needs.'

Nucleus Prototype Mart is a prototyping and development facility for data warehouse designers that allows fast and simple data acquisition, assimilation, and validation. It allows warehouse development to be completed within days, instead of the typical months or even years, and requires up to 70 per cent less manpower to complete a typical implementation. Further, using the Nucleus Exploration Warehouse, end users have access to the data throughout the process, allowing required business questions to be structured from day one.

Nucleus Exploration Mart, is a powerful analytical processing tool for end users of existing data marts and warehouses. This product addresses the need to perform iterative, ad hoc, forensic queries of data, involving drill-oriented tasks often not envisioned during the original design of the data warehouse or mart. The patented data storage techniques and performance of Nucleus allows any question to be asked and answered in seconds or minutes instead of hours or days.

``The early customer testimonials on Nucleus Version 2.5 have exceeded our most aggressive expectations for this software release,' stated Kevin Horigan, Executive Vice President, Sand. ``Customer excitement over the new product functionality has expanded the use of Nucleus from our traditional departmental DSS-oriented solutions into enterprise CRM and ERP environments.'
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