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SAND Reseller FreeSat Gains Market Share in South Korean Financial Services Sector

Posted on: Tuesday, 27 November 2007, 09:00 CST

MONTREAL, Nov. 27 /PRNewswire-FirstCall/ -- SAND Technology, Inc. (BULLETIN BOARD: SNDTF) , an international provider of intelligent enterprise information management software, announced today that its South Korean reseller FreeSat has recently expanded its Financial Services portfolio with three new customers who are implementing the SAND/DNA product suite using FreeSat's superior consulting services. FreeSat (formerly TopEnd) specializes in providing exceptional Business Intelligence consulting services and innovative IT solutions for Information Life Cycle Management, and has been a key SAND reseller for four years. During this time, FreeSat has worked with customers such as National Agricultural Cooperative Federation (NACF, a national financial institution with over 4000 branches), KB Bank (the largest bank in South Korea and a Fortune 100 company), KTF (South Korea's second largest mobile telecommunications provider), NHN (the country's largest internet portal operator) and Samsung Fire and Marine Insurance. FreeSat provides these organizations with solutions for Information Lifecycle Management, weblog management and mining, archiving, enterprise data warehouse and internet banking, all of which incorporate SAND/DNA data management technology.

"Explosive data growth is a challenge that faces organizations all over the world. Having FreeSat as a major reseller enables SAND to help some of the most prominent organizations in the Asian region manages their growing volumes of data in an extremely cost-effective way," said Linda Arens, Vice President Global Alliances and Marketing, SAND Technology.

Customers have identified several long-term benefits enabled by SAND/DNA solutions. "Besides the savings on disk costs, both application development costs and operations overhead will be reduced by using SAND/DNA," said Cho Young-Mun, Manager of the e-Banking division at NACF.

"We are very pleased to act as SAND's reseller in Korea and the Asian region," said D.O. Shin, Managing Director of Sales for FreeSat. "SAND/DNA software is an important part of the solutions that we offer our customers, particularly because of its ability to manage huge volumes of data with minimal hardware and administration requirements."

SAND/DNA enables enterprise customers in all industries to cost-effectively retain massive amounts of compressed data in a nearline repository for extended periods, in accordance with any applicable business rules and regulatory requirements, and to rapidly retrieve information when needed. A centralized data management solution with unparalleled performance and storage efficiency, the SAND/DNA suite dramatically reduces costs and management complexity while ensuring continuous data availability. Organizations can create data marts on demand to respond to any analytic requirement with all enterprise data -- current or historical, detailed or summarized. SAND/DNA's advanced information management technology compresses data to typically 10 percent of its original size, while giving users the ability to query any attributes of the data without decompressing it first. This next-generation capability is ideal for satisfying enterprise compliance requirements as well as for leveraging valuable information in data warehouses.

About SAND Technology

SAND is an international provider of intelligent information management software. The SAND/DNA product suite scales to help any size enterprise cope with exploding data requirements, now and into the future. SAND/DNA Access allows for retaining all potentially relevant data in a tiny footprint while providing instant access to just what's required. SAND/DNA Analytics allows for complex what-if analysis to meet any planned and unplanned business need.

SAND/DNA solutions include CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors. SAND/DNA 2.3 has achieved "Certified for SAP NetWeaver" status and SAND Nearline Integration Controller 1.0 has achieved "Powered by SAP NetWeaver" status.

SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.

SAND Technology and Nucleus are registered trademarks, and SAND, SAND/DNA, SAND/DNA Access, SAND/DNA Analytics, and other SAND- and Nucleus-related terms are trademarks of SAND Technology Inc. Other trademarks remain the property of their respective owners. All other product and service names mentioned are the trademarks of their respective companies.

Certain statements contained in this press release are "forward-looking statements" within the meaning of the United States Securities Act of 1933 and of the United States Securities Exchange Act of 1934. The forward-looking statements are intended to be subject to the safe harbor protection provided by these Acts. We have based these forward-looking statements on our current expectations and projections about future results, levels of activity, events, trends or plans. Such forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SAND to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward-looking statements included in this press release are based on current expectations and on information available to SAND on the date of this press release. For a more detailed discussion of these risks and uncertainties and other business risks, see SAND's current Annual Report and SAND's reports to the Securities and Exchange Commission. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. We undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

SAND Technology, Inc.

CONTACT: media, North America, UK-Western European Press, Linda Arens ofSAND Technology, +1-650-726-7539, pr@sand.com; or German-Central EuropeanPress, Richard T. Lane of IMC International Marketing Communications,+49 61 31 \ 89 13 89, for SAND Technology; or Investor Relations, de Jong &Associates, +1-760-943-9065, sndt@dejong.org, for SAND Technology

Web site: http://www.sand.com/

Source: PRNewswire-FirstCall

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