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SAN FRANCISCO--(March 4, 2010)--ANTs software inc. (OTCBB: ANTS), a leader in database migration solutions, is pleased to announce that the Company will hold the following two events on March 17, 2010:
ANTs Software 2009 Annual Shareholder Meeting (1 p.m. Pacific Standard Time)
The meeting will be held at the Redwood Sequoia Meeting Room at the Doubletree Hotel, 835 Airport Blvd. Burlingame, California. A Notice of Availability of Proxy Materials, including details of the annual meeting, has been mailed to stockholders of record as of January 21, 2010. Only stockholders of record at the close of business on that date will be entitled to vote at the meeting.
The 2009 Annual Shareholder Meeting will not be part of a webcast. Shareholders interested in voting are encouraged to submit proxy materials prior to the meeting or vote in person at the meeting.
ANTs Software 2010 Business Webcast (2 p.m. Pacific Standard Time)
Following the meeting, at 2 p.m. PST ANTs’ Chairman and CEO Joe Kozak, the management team and special guests will discuss strategic initiatives planned for 2010.
This presentation will only be available by logging into an internet webcast as no live presentation will be available at the hotel (monitors will be retransmitting the webcast for shareholders that desire to stay at the Doubletree Hotel after the 1 p.m. Shareholder Meeting.)
Shareholders interested in attending the webcast, should register at http://www.ants.com/webcast by clicking the “Register” button at the bottom of the page. Once registration has been completed, an email message will be sent to registrants with the details on how to watch this presentation.
Shareholders with limited or no access to a computer and an internet connection at the time of the webcast are encouraged to listen to the audio portion of the presentation by using the following dial-in information:
US/Canada Callers (toll-free number): 1-877-669-3239
International Callers (toll number): +1-408-600-3600
Access code: 937 157 185
The company encourages shareholders to attend the webcast session as a replay of this event will not be available. For more information please contact
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About ANTs software, Inc.
The mission of ANTs Software is to help customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility Server (ACS), an innovative middleware solution that accelerates database consolidation between database vendors, enabling application portability. In addition to ACS, ANTs offers a complete portfolio of services ranging from architecting or managing IT infrastructure, to full application performance tuning and administrative services. ANTs is a public company with headquarters in San Francisco, California. Our shares trade on the OTC Bulletin Board under the symbol: ANTS. For more information visit, www.ants.com.
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Contact:
Todd Fromer
212-896-1215
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ANTs software Inc.
Cesar Rojas
650-931-0535
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as “should,” “could,” “expects,” “may,” or “intends,” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: potential delays in planned sales of ACS, problems securing the necessary financing to continue operations should revenues not be sufficient to offset expenses, problems encountered in commercializing the ANTs technology, potential of undetected infringing technology or non-infringing competitive technologies, difficulties experienced in product development, roadblocks experienced in sales and marketing activities, longer than expected sales processes, difficulties in recruiting knowledgeable and experienced personnel, possible problems in migrating applications using the ANTs Compatibility Server (ACS), and potential problems in protecting the Company’s intellectual property. Further information concerning these and other risks is included in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and the Company’s most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2009. The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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