SAND Technology Defines Contract Extension with U.S. Drug Enforcement Administration

Mar 24, 2003, 00:00 ET from SAND Technology

    WASHINGTON, March 24 /PRNewswire-FirstCall/ --
 SAND Technology(TM) (Nasdaq:   SNDT) today issued clarification to its recent
 announcement regarding the contract extension with the US Drug Enforcement
 Agency.  The contract originally announced on July 17th, 2002 was scheduled to
 end in September.  The extension for the period from October 17th, 2002 to
 February 28th, 2003 was entered into to allow further investigation of the use
 of the SAND(TM) Analytic Server as a high-performance data integration and
 analysis platform.
     About SAND Technology(TM)
     SAND Technology empowers organizations worldwide with a better
 understanding of their business through a better understanding of their
 business data.  SAND Analytic Server-based solutions include CRM analytics,
 web analytics, and other specialized "Business Intelligence" applications for
 government and security, healthcare, supply chain management, inventory and
 production optimization, financial analysis, and strategic planning. SAND's
 customer intelligence division, ClarityBlue(TM), is a world leader in
 providing large-scale CRM analytics systems integration solutions.
     SAND Technology has offices in the United States, Canada, the United
 Kingdom and Central Europe, and is traded on NASDAQ under the symbol SNDT.
 For more information on Sand Technology visit
     All Rights Reserved.  Sand Technology, Nucleus, Nucleus Server, N: VECTOR,
 Nucleus Exploration Warehouse, Nucleus Exploration Mart, Nucleus Exploration
 Data Warehouse, Nucleus Octopus and MPSO are registered trademarks and,
 Nucleus Virtual Database (VDB), Nucleus Powered!, Nucleus E!, Nucleus Adviser,
 Sand Analytic Server, Sand Analytic Warehouse, Analytics @ the Speed of
 Business, and ClarityBlue are trademarks of Sand Technology Inc. Other
 trademarks are the property of their respective owners.
     Certain statements contained in this press release are "forward-looking
 statements" within the meaning of the United States Private Securities Reform
 Act of 1995 and are intended to be subject to the safe harbour protection
 provided by this Act. Such forward-looking statements are based on reasonable
 assumptions and current expectations, but involve known and unknown risks and
 uncertainties.  Some assumptions may not materialize and unanticipated events
 may occur which could cause actual results to differ materially from any
 future results, performance or achievements expressed or implied by such
 forward-looking statements.  Competitive pressures, availability and cost
 competitiveness of competing products, timing of significant orders,
 management of potential growth, risks of new business areas, international
 expansion, decreased demand for computer software and services due to
 weakening economic conditions and market acceptance of the Sand Nucleus
 Product Suite are important factors which could cause actual results to differ
 materially from those projected.  More information about factors that
 potentially could affect Sand's financial results is included in Sand's
 current Annual Report and in Sand's reports to the Securities and Exchange

SOURCE SAND Technology