News: $1.6M Federal Government Contract Signed for Sand Technology's Nucleus Suite
Human Resources Canada Selects Nucleus for Critical Analytic Application
MONTREAL, March 29 /PRNewswire/ -- Sand Technology Inc. (Nasdaq: SNDT) today announced that its Nucleus Exploration product has been selected by one of the largest Canadian government agencies -- Human Resource Development Canada (HRDC) -- for use as their first major analytic data mart. The award involved an extensive evaluation and benchmarking process, resulting in Nucleus being chosen over thirty other products, including most of the major market players in Business Intelligence. The total value of this software
procurement, including professional services and multi-year maintenance, is in excess of $1.6 Million Canadian dollars.
"We are very pleased by this show of confidence in Nucleus from the Canadian government," said Jerry Shattner, head of Sand Technology's North American operations. "This is a huge win for Sand. Not only does it represent a significant dollar value in its own right, it also marks the beginning of Nucleus acceptance by the government for all their analytic data mart requirements."
The Nucleus system, which will help make extensive manpower planning and training decisions for all of Canada, will contain more than 250 billion bytes of "raw" data. The successful bid was managed in conjunction with one of the Sand Technology distribution partners in Canada.
About Sand Technology
Sand Technology Inc. provides high performance, scalable software solutions for data mining, data marts, data warehouses and online analytical processing (OLAP). Sand's Nucleus
product suite brings patented technology to the business user allowing for more timely and accurate decision processing within the disconnected client, desktop, workgroup,
departmental and enterprise computing environments. Supporting industries like retail, finance, healthcare, transportation, telecommunication, manufacturing, government and insurance,
Nucleus is used for corporate initiatives such as customer relationship management, risk analysis and management, product trend and profitability analysis, fraud detection, emerging
markets, competitive analysis and quality control. Sand has commercial relationships with IBM, Oracle, Compaq Computer Corporation, Microsoft, SAIC, GE, Brio Technology,
Information Builders Inc., and Wyle Systems. Sand Technology can be reached on the World Wide Web at sandtechnology.com.
Nucleus, Nucleus Server and N:VECTOR, are registered trademarks and Nucleus Exploration Mart, Nucleus Exploration Warehouse, Nucleus Virtual Database (VDB), Nucleus
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