DataMirror Corporation (Nasdaq: DMCX; TSE: DMC) , a leading provider of enterprise application integration and resiliency solutions, today announced it has purchased the technology and certain related assets of saipx Inc., a leader in pervasive mobile computing and turnkey solutions for SAP. DataMirror expects to integrate saipx’s mobile computing technology with DataMirror's family of real-time data integration and resiliency tools to provide customers in the SAP community with a completely integrated end-to-end solution spanning mainframes, midrange systems and pervasive mobile devices. SAP is the world’s leading maker of business management software.
“saipx solutions allow mobile employees to execute real-time ERP transactions from anywhere and at anytime via handheld devices, extending the reach of leading ERP solutions like SAP R/3 to new classes of mobile workers,” said Nigel Stokes, Chairman, President and CEO of DataMirror. “Through the acquisition of complementary saipx technology, DataMirror will extend its mobile integration initiatives and strengthen its presence in the global SAP community. We are optimistic that the combination of DataMirror and saipx technology will create new market opportunities and synergies for both businesses.”
The saipx Pervasive Gateway allows users to connect any device from mobile phones, pagers and palm pilots to Pocket PC's, PDA's and data collection devices to mySAP.com, other ERP systems and virtually all legacy or SQL-based relational databases. The company’s Pervasive Gateway solution supports a multitude of mobile applications including Supply Chain Management, Customer Relationship Management (CRM), Sales Force Automation & Service Force Automation, Asset Management and Point of Sale. Customers who have purchased saipx software include Bell Canada, Disneyland, Husky Oil, IBM, Johnson and Johnson, JVC, Pennzoil Products Company, Prevost and Volkswagen Canada.
Terms of the Transaction
Under the terms of the purchase agreement, DataMirror has acquired saipx’s technology and certain related assets in a cash transaction and will account for the acquisition under the purchase method.
About DataMirror Corporation
DataMirror (Nasdaq: DMCX; TSE: DMC) delivers solutions that let customers integrate their data across their enterprises. DataMirror’s comprehensive family of products unlocks the experience of now™ by providing advanced real-time capture, transform and flow (CTF) technology that gives customers the instant access, integration and availability they demand today across all computers in their business.
Over 1,400 companies use DataMirror to integrate their data. Real-time data drives all business. DataMirror is headquartered in Toronto, Canada, and has offices worldwide. DataMirror has been ranked in the Deloitte and Touche Fast 500 as one of the fastest growing technology companies in North America. For more information, call 01737 830 770 or visit the DataMirror web site at http://www.datamirror.com.
Sarra Mander/Chris Measures
Phone: 020 7494 6570
"Safe Harbor" Statement under the United States Private Securities Litigation Reform Act of 1995:
Forward-looking statements in this press release, including statements regarding DataMirror Corporation's business which are not historical facts, are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements of plans, objectives, strategies and expectations. The words "anticipate", "believe", "estimate" and "expect" and similar expressions are intended to identify forward-looking statements. Numerous important factors affect DataMirror's operating results and could cause DataMirror's actual results to differ materially from the results indicated by this press release or by any forward-looking statements made by, or on behalf of, DataMirror, and there can be no assurance that future results will meet expectations, estimates or projections. These factors include, but are not limited to, the following: variability of quarterly operating results; dependence upon on the continued growth and success of DataMirror's software products; competition; rapid technological change and new product introductions; dependence upon continued growth in the database and enterprise data integration markets; dependence upon relationships with complementary vendors and distribution channels; the ability to recruit and retain key personnel; risks of international operations, including currency exchange rate fluctuations and global economic conditions; possible software errors or defects; possible infringement claims by third parties; and other factors discussed in the Company's Annual Information Form and other periodic filings with the United States Securities and Exchange Commission and other regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those indicated in any forward-looking statements. The Company disclaims and does not assume any obligation to update these forward-looking statements.
Copyright 2001 DataMirror Corporation. All rights reserved. DataMirror, Transformation Server and The experience of now are trademarks or registered trademarks of DataMirror Corporation. All other brand or product names are trademarks or registered trademarks of their respective companies.
This press release was distributed by ResponseSource Press Release Wire on behalf of Speed Communications in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.