Attunity Signs OEM Deal With Microsoft Valued At $3Mln - Update

(RTTNews) - Monday morning, computer software integration tools provider Attunity Ltd (ATTU | news | PowerRating | PR Charts ) said it has entered into a global Original Equipment or OEM agreement with Microsoft Corp. (MSFT | news | PowerRating | PR Charts ) to provide its Attunity Connect adapters in the latest SQL Server 2008. The agreement valued at about $3 million has an initial term of five years.

The Kfar Netter, Israel-based Attunity said the addition of Attunity Connect to the SQL Server Integration Services or SSIS functionality extends the advantages to customers in the enterprise market. Attunity Connect is a part of the Attunity Integration Suite or AIS, which dramatically simplifies the access and integration to enterprise data and legacy systems.

Attunity noted that the agreement also covers resellers, developers and distributors. It also anticipates realizing revenues of over $1.0 million in 2008. By using AIS, enterprises can extend the lifetime value of their existing investments by enjoy standards-based rapid integration of their legacy and enterprise data assets, reducing not only project risk but also total ownership costs.

Commenting on the agreement, Aki Ratner, chief executive officer of Attunity said, "We have had a good relationship with Microsoft for some years now, but this takes it to another level, and one which we expect to bring substantial benefits to our mutual customer base. We see this OEM agreement unlocking new and exciting opportunities for both companies in the future."

"We are always looking for ways to help our customers get the full value of the data stored in their line of business solutions. With this capability in SQL Server and innovations from industry partners such as Attunity, we are making it easier than ever to integrate any data at high scale, enabling customers to get rich insights from their data," added Tom Casey, general manager of SQL Server at Microsoft.

ATTU closed Friday's regular trading session at $0.55, down $0.02 on a volume of 1.1 thousand shares, lower than the three month average volume of 57.76 thousand shares.

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