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

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To: gcrieff who wrote (881)10/9/1998 11:45:00 AM
From: let   of 1200
 
I think this may be something similiar to what Axcion has.(spelling may be off, but I am in a hurry) If so, maybe Sand is on the right track and there is a larger mkt for this service. DB/2 databases
are definately big users of Sand's Nucleus.

Tanning Technology Sells VLDB Technology To IBM; Data Warehouse-Enhancement
Technology to Complement IBM Offerings

October 9, 1998 10:00 AM

DENVER, Oct. 9 /PRNewswire/ -- Tanning Technology Corporation, a leading provider of very-large
database (VLDB) and high-end computing systems, today announced that IBM IBM has acquired
Tanning data warehouse-enhancement technology. Terms of the agreement were not disclosed.

Developed by Tanning Technology's software subsidiary, the technology will strengthen IBM's popular
DB2 Universal Database and business intelligence series of offerings by making it easier to provide
access to data across large organizations. The enhancement technology from Tanning, called I*W
Manager, intelligently analyzes all information requests submitted to a corporate data warehouse and
prioritizes them using criteria that reflect company business requirements. The technology also
enables real-time workload management and analysis.

"IBM is committed to providing customers with leading business intelligence technology," said Janet
Perna, general manager, data management, IBM Software Solutions. "The acquisition of I*W
Manager from Tanning enables us to improve our time to market in helping customers manage their
DB2 warehousing environments."

To ensure continuity of service for Tanning customers currently using the technology, The agreement
stipulates that Tanning will provide direct customer support, along with technical support to IBM, as a
transition measure.

"This sale is a logical extension of our close relationship with IBM," said Larry Tanning, founder and
chief executive officer of Tanning Technology. "The technology was developed by us and has proven
successful for us in numerous large database implementations. It makes sense now, however, for the
technology to be maximized by a large product organization, and for us to remain focused on our
core business -- the design, development and deployment of large enterprise systems. Selling the
technology to IBM achieves both of these objectives."

Tanning Technology Corporation is a premier IT consulting firm that develops and deploys
mission-critical decision support, transaction processing and e-commerce solutions for some of the
world's largest and most innovative users of information technology. Headquartered in Denver, Tanning
has offices in New York, Boston, London and Hyderabad, India.

Tanning Technology, the Tanning Technology logo, Breakthrough Systems, Actionable Architecture
and QuickDeploy Tools are trademarks of Tanning Technology Corporation. All other trademarks are
the property of their respective owners.

Tanning Technology press materials are available on the World Wide Web via
tanning.com.

SOURCE Tanning Technology Corporation
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