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.
SOURCE SAND Technology
RELATED LINKShttp://www.sungard.com
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