Wednesday, September 21, 2011

Attunity (OTC:ATTUF) Gets Paid $3.55M from Microsoft (Nasdaq:MSFT)

Attunity (OTC:ATTUF) Gets Paid $3.55M from Microsoft (Nasdaq:MSFT)Shawshank, VA 9/21/2011 (PennyPayDay) – Attunity Ltd. (OTC:ATTUF),a provider of real-time data integration software, today announced, in a press release, it has received payments in the aggregate amount of $3.55 million from Microsoft Corporation, initially expected to be received only during November 2011. As I write, shares of ATTUF were up 3 percent at $0.65 per share on volume of nearly 50,000 shares.

The payments were made pursuant to the previously announced OEM agreements with Microsoft surrounding the delivery of Change-Data-Capture (CDC) and Open-Data-Base-Connectivity (ODBC) components.

"We are excited to take part in the delivery of the CDC and ODBC components into the market through these OEM agreements. Our established relationships with OEM partners such as Microsoft have allowed us to advance our position as a leader in supporting large and small enterprises manage their big data and use the cloud," commented Shimon Alon, Chairman and CEO of Attunity. "The proceeds from these payments will be used to further advance and finance the expansion of our product and service offerings, including our recent acquisition of RepliWeb."

Attunity is a provider of real-time data integration software that enables information access and availability across data centers and the cloud.

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