|Ascential Software Demonstrates Continuing Commitment to Enterprise Data Integration Excellence at Ascential World 2003|
Monday October 27, 9:17 am ET
Global 2000 Customers and Partners Focus on Real Solutions, Real Results, Real Value
MIAMI, ASCENTIAL WORLD 2003, Oct. 27 /PRNewswire-FirstCall/ -- Ascential Software Corporation (Nasdaq: ASCL - News), the enterprise data integration leader, today kicked off Ascential World 2003. During welcoming remarks, Pete Fiore, the company's president, underscored the real solutions, real results, and real value Ascential Software delivers to its 3,000 customers and nearly 150 strategic, technology and systems integration partners worldwide. More than four hundred attendees representing fifteen countries and sixteen industries have gathered at the Doral Golf Resort & Spa in Miami, Fla.
"2003 has been a banner year for Ascential Software on many levels. We now are the largest independent software vendor of enterprise data integration solutions. Our momentum, measured by revenue growth, market share gains, and company visibility is accelerating. We attribute this to the value, ROI and focus we bring to bear," said Fiore. "Ascential Software customers and partners benefit from this leadership because it gives us the resources to deliver the most complete, innovative platform available for integrating transactional, operational, and analytical data, now and in the future."
To maintain technology leadership, Ascential Software has continued to expand research and development investment over the past twelve months and introduced new products with the Ascential(TM) Enterprise Integration Suite 7.0 and Ascential Real-Time Integration (RTI) Services. This groundbreaking platform leverages service-oriented architecture and Web Services for pervasive, on-demand data integration. Customers have embraced this release. More than five hundred have upgraded to the new suite since its general availability in September 2003.
The Business Imperative
Fiore shared Ascential Software's perspective that data integration is not only a technology issue. The growing market demand for enterprise data integration is actually driven by the requirement of organizations to accomplish business objectives - from lowering costs and increasing productivity, to enabling organizational transformation and delivering new products to market.
"Without a strong data integration solution, enterprise integration efforts will be expensive. Worse, they will fail to achieve business goals and objectives," stated Fiore. "Traditional approaches to integration have focused on business process and application connectivity but have failed to address the fundamental issues of ensuring the availability of coherent, consistent, and accurate data, available in the right format at the right time - regardless of data sources, data volumes, or latency. This is exactly the challenge that Ascential Software addresses and why we're the perfect complement to BPI, EAI, and EII technologies."
About Ascential Software
Ascential Software Corporation is the leading provider of enterprise data integration solutions to organizations worldwide. Customers use the Ascential Enterprise Integration Suite to integrate and leverage data across all transactional, operational, and analytical applications with confidence in the accuracy, completeness and timeliness of critical information. Ascential Software's powerful data profiling, data quality, data transformation, parallel processing, meta data and connectivity solutions enable customers to reduce total cost of ownership and increase return on IT investment. Headquartered in Westboro, Mass., Ascential Software has offices worldwide and supports more than 3,000 customers in such industries as financial services, telecommunications, healthcare, life sciences, manufacturing, consumer goods, retail, and government. More information on Ascential Software can be found on the Web at www.ascential.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the functionality, characteristics and performance capabilities of Ascential's products and technology, the ability of Ascential to help deliver transparency to all aspects of business performance and Ascential's ability to automate the data transformation and movement from multiple applications into a customer's enterprise data warehouse and the ability to ensure the availability of coherent, consistent, and accurate data, available in the right format at the right time -- regardless of data sources, data volumes, or latency. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: risks relating to the ability of Ascential to expand its market share, growth rates for the enterprise data integration software market, integration/divestiture issues resulting from merger/acquisition activities, our customer's business requirement and ability to update warehouse information on demand, general business conditions in the software industry, the technology sector, and in the domestic and international economies, rapid technological change in the markets served by Ascential, dependence on international operations, and difficulties that Ascential may experience integrating technologies, operations and personnel of completed or future acquisitions. For a detailed discussion of these and other cautionary statements, please refer to the filings made by Ascential with the Securities and Exchange Commission, including, without limitation, the most recent Quarterly Report on Form 10-Q. Ascential disclaims any intent or obligation to update any forward-looking statements made herein to reflect any change in Ascential's expectations with regard thereto or any change in events, conditions, or circumstances on which such statements are based.
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Source: Ascential Software Corporation