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

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To: Sleeper who wrote (1012)4/7/1999 9:59:00 AM
From: let  Read Replies (3) of 1200
 
Sand Technology Systems: US Government AgencyUses Nucleus to Integrate
and Manage Y2K Programs and FinancialSystems
April 7, 1999 09:00 AM
WASHINGTON--(BUSINESS WIRE)--April 7, 1999--SAND SNDCF

Quickly Integrates Diverse Database Environments

and Delivers Timely Results for Mission-Critical Applications

SNDCF Sand Technology Systems International Inc. today announced that The
National Security Agency (NSA) has implemented Nucleus for use within two
mission-critical Agency applications.

The first application, the management of Year 2000 programs by Nucleus, utilizes
Nucleus to integrate many NSA database environments into one, so NSA
executives can effectively monitor and manage the progress of specific Year 2000
projects in a timely manner. The second Nucleus application delivers to NSA an
integrated financial system used for fiscal budgeting tracking, procurement,
acquisition and payment analysis and providing timely financial information brought
about by the increased governmental spending oversight by Congress.

Over the course of time, NSA, like many organizations, has purchased and
implemented a wide variety of heterogeneous enterprise and departmental systems
that represent various types of databases, applications and data structures. After
evaluating Nucleus over a period of time, NSA found that Nucleus delivered the
unique capability to successfully integrate and assimilate these environments in a
rapid and effective manner, without the need for specialized technical resources.
NSA found Nucleus provided a robust, easy-to-use platform for developing, deploying
and accessing analytical systems from its heterogeneous systems, regardless of
environment. As with most mission-critical applications, these systems are highly
visible, information changes rapidly and the requirement for accurate answers are
very time sensitive.

"During a time of diminishing resources, and a large scale Y2K effort, we began a
quest for a tool kit to allow information retrievals without incurring a large cost,"
stated an executive with NSA. "To allow senior managers to inquire composite data
from multiple resources and languages we turned to Sand Technology and Nucleus.
Nucleus has afforded us the capability to interactively evaluate business rules, logic
and practices without adversely impacting our daily end user production environment
and Y2K efforts. The technology has proven its worth and we're able to quickly
respond to external inquiries from congressional oversight committees and other
governmental agencies. With Nucleus, we have begun to build new business
systems that separate information exchange from transaction efforts."

"We've seen Nucleus excel in both governmental and corporate environments that
must quickly integrate diverse database environments for the deployment of
departmental data marts used by executives for enhanced decision making,
improved business intelligence and timely analysis of evolving business initiatives,"
stated Kevin M. Horigan, Executive Vice President, Sand.

About Sand Technology

Sand Technology Systems International Inc. provides high performance, scaleable
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, Compaq Computer
Corporation, Microsoft, Hitachi Data Systems, SAIC, GE, Brio Technology and
Information Builders Inc. Sand Technology can be reached on the World Wide Web
at sandtechnology.com.

All Rights Reserved. Nucleus, Nucleus Server and N-Vector are registered
trademarks and Nucleus Exploration Mart, Nucleus Exploration Warehouse and
Nucleus Virtual Database (VDB) are trademarks of Sand Technology Systems
International Inc. Other trademarks are the property of their respective owners.
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