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Technology Stocks : Ascential Software (ASCL)

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To: SemiBull who wrote (169)1/13/2004 7:02:29 PM
From: SemiBull  Read Replies (1) of 179
 
Ascential Software Named as Finalist for Prestigious Codie Award

Tuesday January 13, 8:31 am ET

The Software & Information Industry Association Selects Ascential Enterprise Integration Suite 7.0 As One of Five Finalists for Best Business Software Product

WESTBORO, Mass., Jan. 13 /PRNewswire-FirstCall/-- Ascential Software Corporation (Nasdaq: ASCL - News), the enterprise data integration leader, today announced that the Software & Information Industry Association (SIIA) has selected the Ascential Enterprise Integration Suite(TM) 7.0 as a Codie Award finalist in the category of Best Business Software Product of 2004. The Codie Awards showcase the software and digital content industry's finest products and services and honor excellence for corporate achievement and philanthropic efforts. Ascential Software is one of five finalists selected from more than 800 submissions for the 2004 awards - a record high for the program.

The Ascential Enterprise Integration Suite combines Ascential Software's industry-leading solutions for data profiling, data quality and data transformation and delivery. These capabilities operate on a shared platform of software services for unlimited scalability through parallel processing, complete meta data management, any-to-any connectivity and real-time data integration. Ascential Real-Time Integration Services(TM) extends the reach and enables the seamless interoperability of Ascential Software's data integration solutions within an enterprise's service-oriented architecture (SOA).

"In light of the intense competition this year, it is a tremendous honor and an important achievement to be named a Codie Awards finalist," said Ken Wasch, SIIA president. "Our mission is to showcase the software industry's finest products and services, as uniquely defined by peers instead of pundits. Consequently, this nomination affirms Ascential Software as a true leader in its field." The 2004 Codie Awards will be presented at a black-tie gala on Tuesday, May 18 at the Palace Hotel in San Francisco.

"We are honored to be chosen as a finalist for a Codie Award," said Mark Register, vice president and chief marketing officer, Ascential Software. "Ascential Software is the recognized industry leader in providing solutions powerful enough to rapidly transform corporate data into intelligent business information wherever and whenever it is required. This nomination reflects what we're seeing in the market -- recognition of the strategic and vital role that our enterprise data integration suite plays in helping organizations meet and exceed their business goals."

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, technology and services, the ability of Ascential to provide seamless interoperability between Ascential's data integration solutions and an enterprise's service-oriented architecture, the ability of Ascential's products and services to provide unlimited scalability through parallel processing, complete meta data management, any-to-any connectivity and real- time data integration, and the ability of Ascential to rapidly transform data into intelligent information on an "as needed" and "where-needed" basis. 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, the scope and frequency of data integration projects, the ability of customers to improve performance utilizing Ascential's products and services, integration/divestiture issues resulting from merger/acquisition activities, 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.

Ascential Enterprise Integration Suite and Ascential Real-Time Integration Services are trademarks of Ascential Software Corporation or its affiliates and may be registered in the United States or other jurisdictions. Other marks are the property of the owners of those marks.

Contact:
Chas Kielt
Ascential Software Corporation
(508) 366-3888, ext. 3256
chas.kielt@ascential.com

RJ Bardsley
Ascential Software Corporation
(508) 366-3888, ext. 3065
rj.bardsley@ascential.com

Jeff Aubin
Beaupre & Co. Public Relations, Inc.
(603) 559-5838
jaubin@beaupre.com

Source: Ascential Software Corporation
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