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Last updated on April 16, 2014 at 17:34 EDT

ANTS Software Inc. In Preliminary Discussions With Home Junction, Inc.

July 16, 2012

MASON, Ohio, July 16, 2012 /PRNewswire/ — ANTs Software, Inc. (Pink Sheets: ANTS; www.ants.com), an Advanced Software Technology products company, announced today that ANTs and Home Junction, Inc. are in preliminary discussions regarding licensing of the ANTs Compatibility server, MATRIX and ANTs Automatic Valuation model (AVM) as well as ANTs advanced technology solutions in support of Home Junction, Inc.’s rapid market growth.

ANTs software, inc. developed the ANTs Compatibility Server (ACS), an innovative middleware solution that accelerates database consolidation between enterprise and big data database vendors enabling data base application portability. In addition, ANTs also offers MATRIX, an enterprise approximate string matching product that surpasses other similar offerings by a factor of 500 to 1 in per-thousand matching error rate. MATRIX has been used by First American Real Estate Tax Service and other FORTUNE100 companies. MATRIX has competed and won contracts against Search Software America, Intelligent Search and others in this field.

ANTs offers a complete portfolio of technology services ranging from architecting or managing IT infrastructure, to full application performance tuning, consulting and technical services. ANTs holds a variety of key US patents relating to data base technology.

Forward Looking Statements

This press release contains certain forward-looking statements as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected. Such risks include but are not limited to the following: there can be no assurance that ANTs software inc. (the “Company”) will produce the expected results; that it will produce a commercially viable product; that the Company will secure the necessary current and additional financing, intellectual property and staff to support current and future operations. Further risks are detailed in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent form 10-K for the fiscal year ended December 31, 2010. The Company undertakes no obligation to revise or publicly release the results of any revision to the forward-looking statements.

CONTACT:

Dr. Frank N. Kautzmann, III, CEO, Chairman
Phone: 281.415.4121

SOURCE ANTs Software, Inc.


Source: PR Newswire