Mobile Software Adds Datawatch's Information Optimization Platform to Its Business Intelligence, Data Warehouse Solutions and Big Data Offerings
BOSTON and CHELMSFORD, Mass., Sept. 5, 2012 /PRNewswire/ -- Datawatch Corporation (DWCH) (NASDAQ-CM: DWCH), the leading global provider of information optimization software and services, and Mobile Software today announced that they have signed a reseller agreement that calls for Mobile Software to add Datawatch's information optimization platform and services to Mobile Software's business intelligence and data warehousing solutions. This partnership will provide enhanced offerings for Mobile Software's existing client base and is expected to generate new business for both companies as well.
"Mobile Software's existing clients and prospective clients like many organizations are looking to incorporate vast amounts of semi-structured and structured data into their business intelligence, big data and data warehouse initiatives," said Karen Brown, president of Mobile Software. "By adding the Datawatch information optimization platform to our offerings, we can help organizations address the velocity, variety and volume of diverse data, resulting in more comprehensive business analytics for our clients."
"We continue to expand the Datawatch partner ecosystem to enhance services to both existing Datawatch customers and new customers," said Terry Kerans, General Manager, Worldwide Monarch Sales of Datawatch. "Having Mobile Software join our partner team helps us to achieve both goals. Mobile Software has established a proven and highly-respected business consultancy with an extensive reach into Fortune 500 accounts and has developed a strong reputation in MicroStrategy, IBM Business Analytics and other business intelligence solutions. The Datawatch information optimization platform, combined with traditional analytical solutions, provides the most complete view of information providing organizations with the 'whole story' from their data," continued Mr. Kerans. Datawatch joins MicroStrategy as one of Mobile Software's key strategic alliance partners. Mobile Software becomes part of a growing portfolio of Datawatch's international partners capable of delivering Datawatch's information optimization solutions to key markets around the world.
ABOUT MOBILE SOFTWARE
Mobile Software has been implementing business intelligence solutions for over 17 years in a number of verticals, including Financial Services, Retail, Manufacturing, Telecommunications, Government, Healthcare, Food and Beverage. Whether a project is in the initial stages of design or mid-development, Mobile Software accommodates all of our commitments with ability, experience and the professionalism required for successful business intelligence engagements. We have designed, architected and developed numerous reporting systems, incorporating users around the globe. Our extensive knowledge of databases, ETL processing, data warehousing, data modeling, and cutting edge business intelligence architectures, enables us to deliver on-time and within budget. For more information, visit www.mobilesoftware.com.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) is a leading global provider of report analytics technology that delivers information optimization solutions. Business leaders use Datawatch products and services to access, manage, analyze and act upon 100% of their enterprise information regardless of data type, format, source or environment. With Datawatch's information optimization platform, organizations can access structured data, semi-structured data and unstructured data, and link these datasets with Big Data applications for a complete analytic system to improve decision-making and accelerate action at a fraction of the cost and time of traditional approaches. The company's market-leading technology is used by more than 40,000 organizations worldwide, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Singapore, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements, including but not limited to those relating to results of operations, contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; the volatility of Datawatch's stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch's dependence on the introduction of new products and possible delays in those introductions; competition in the software industry; Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales; risks associated with indirect distribution channels; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; risks associated with acquisitions, including the recent acquisition of intellectual property from Math Strategies; Datawatch's dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch's technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2011 and Form 10-Q for the quarters ended December 31, 2011, March 31, 2012 and June 30, 2012. Any forward-looking statements should be considered in light of those factors.
Datawatch Investor Relations
Phone: (978) 441-2200 ext. 8323
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SOURCE Datawatch Corporation