SAND(TM) Signs $900K Transportation Analytics Deal; SAND(TM)Analytic Server to Provide Capacity Utilization Analysis to Toll Highway Operator
MONTREAL, June 5 /PRNewswire-FirstCall/ -- SAND Technology(TM) (Nasdaq: SNDT) today announced that it has been awarded a competitive contract worth CA$900,000 for a data warehousing project to provide traffic and associated revenue reports to the management of 407 International Inc. 407 International owns and operates 407 ETR (Express Toll Route), an east-west toll highway located just north of Toronto. Under the terms of the contract, SAND will provide software and services to integrate data from both a PeopleSoft ERP system and operational transactions systems into a centralized analytic and reporting repository within a SAND Analytic Server. The company will also provide standard reporting and ad hoc query interfaces allowing 407 ETR management to easily run reports and conduct in-depth analysis of customer usage of their facilities. The contract includes ongoing customer support for three years after implementation, which is expected to be finished by the summer -- though 407 ETR can anticipate seeing the first usable business results substantially earlier. "What impressed us the most about SAND Technology was their ability, in a 24-hour period, to integrate our historical data and create a demonstration system that addressed our unique business requirements," said Dave Allred, CIO of 407 ETR. "This rapid response capability and our resulting ability to actually experience first-hand the system performance gave us the confidence to move forward on this project." "This is an important opportunity for SAND to continue to demonstrate to the transportation industry the value of the SAND Analytic Server as a high-performance information hub capable of providing speedy and easy management access to business data," said SAND CEO Arthur Ritchie. "While we have extensive experience in rail through customers like CN and BNSF and logistics with Lynx Express and FedEx, this is our entry into the expanding electronic toll road sector, where understanding customer usage is critical to efficient financial and infrastructure management." About 407 International Inc. 407 International Inc. is the sole shareholder, operator and manager of 407 ETR, which extends 108 kilometers east- west, just north of Toronto. 407 International Inc. is owned by a consortium comprised of the Canadian subsidiary of Cintra Concesiones de Infraestructuras de Transporte (co-owned by Grupo Ferrovial and Australian-headquartered Macquarie Infrastructure Group) and Canadian-based SNC-Lavalin. About the SAND(TM) Analytic Server An optimized platform for high-performance analytic applications, the SAND Analytic Server integrates virtually unlimited volumes of data from a variety of sources -- data warehouses, operational systems, and legacy or third-party databases -- in a fully-indexed analytical repository that can be rapidly deployed and quickly and easily accessed by business users. It boosts the performance of existing Business Intelligence architectures while reducing the need for involvement of specialist data management staff. The SAND Analytic Server is highly scalable to accommodate growth, fast and simple to update to accommodate business change, and fully supports 24x365 operations -- delivering on the promise of analytics @ the speed of business(TM) by immediately showing tangible business benefits and high overall return on investment. 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 www.sand.com 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 Commission.RELATED LINKS
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