IMO, More Good News...) can't understand why the stock is at current levels. This stock may be slow in reacting to positive news.
DataMirror participates in financing for DataBahn
DataMirror Corp DMC
Shares issued 10,360,060 Feb 24 close $4.70
Thu 25 Feb 99 News Release
Mr. William Hartwick reports
DataMirror has participated in venture capital financing for DataBahn,
along with two Silicon Valley-based venture capital firms. DataMirror,
Aspen Ventures II and AVI Capital have invested a total of $3,600,000
(U.S.) in DataBahn, a Java data base developer. DataBahn will use the funds
to further accelerate its development, marketing and sales activities.
Aspen Ventures, in Los Altos, Calif., has extensive experience in
information technologies and has invested in dozens of early stage
companies including Cornerstone, SmartDB, StarVox, and Thru-Put. AVI
Management has financed the creation of over 45 public companies including
3Com, Apple Computer, Intraspect and Objectivity.
DataBahn, with headquarters in San Mateo, Calif., has brought to market an
embedded dynamic footprint relational data base written entirely in Java.
The DataBahn data base is deployable on multiple platforms, from small
footprint embedded devices to mobile clients to Java application servers.
With customization, DataBahn can be deployed in as little as 300KB of
memory to meet the needs of a particular application. DataBahn provides the
lowest cost of ownership through breakthrough innovations in corporate data
integration, ease of use and extensibility.
DataBahn has a strategic co-development agreement with DataMirror to embed
its industry-leading replication technology into the DataBahn pure Java
data base. Embedded DataMirror software provides seamless data replication
to and from enterprise data bases, ensuring robust and transparent data
sharing between DataBahn and corporate data base systems across the
enterprise.
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