Welcome!

Containers Expo Blog Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

News Feed Item

ANTs Software, Inc. New Chairman & CEO Announces New Board of Directors of ANTs Software, Inc.

ATLANTA, Dec. 7, 2012 /PRNewswire/ -- ANTs Software, Inc. (OTC US: ANTS), a U.S. patented lock-free, high-performance, compatibility and virtual technologies software manufacturer, recently announced the promotion of Rik Sanchez to Chief Executive Officer and Chairman of the Board of Directors of ANTs Software, Inc. effective November 12, 2012. 

The new Chairman and CEO Rik Sanchez who succeeded Kautzmann last month announces, "Simply stated we are cleaning house after the mistakes of the past, we have put together a solid plan, an infrastructure with creditable, experienced people, financing, a new culture and a team of trusted professionals that know how to execute and drive ANTs forward with explosive worldwide growth in sales, service, support, and respectability."

We are pleased to announce the appointment of two preeminent officers and board members: Bruce Brown, currently the COO Freebeepay, Inc., former CEO of Instawares, and SVP & CIO of T-Mobile and PowerTel.  Legendary in world of telecommunication, Mr. Brown was instrumental in the explosive growth at Bellsouth during his 18 years there.  Bruce brings more than thirty years of business leadership experience, as well as expertise in ecommerce, domestic & international wireless communications, software development and operations. Bruce came to these positions after eighteen years of increasingly responsible roles in BellSouth's International, Mobility and Information Systems business. "Bruce brings stability to his role in ANTs, as well as his deep knowledge of Enterprise software development and deployment," said Sanchez.

Equally exciting is the addition of Elise Vetula, who joins ANTs as our Chief Financial Officer and Member of the Board Of Directors, from NextTraq where she served as the Comptroller. Elise brings more than 20 years of experience as a CFO and in other leadership positions in the financial arena with organizations such as Char Baxter Communications. "Elise is a talented professional with a solid history reorganizing, streamlining, and strengthening financial operations to maximize performance and profitability," said Sanchez. "She has the in-depth experience across all core business and operations functions, is a proven, respected, and responsible leader with extensive experience in all areas of financial planning and reporting, that is greatly needed within our executive leadership at the new ANTs," Sanchez continued.

"My primary goal continues to be simple and straightforward: restoring ANTs to a successful, profitable, and financially strong company, while creating Shareholder value and building a worldwide reputation without reproach," Sanchez said. "We are creating a new culture at ANTs with the addition of these highly respected and experienced leaders.  We believe that their addition, along with new worldwide sales and distribution channels, skilled implementation partners, correct positioning, rebranding, and the addition of new products to our portfolio, virtually ensures that ANTs will be successful for many years to come. Accordingly, we at ANTs believe that our new and advanced high-performance products will revolutionize universal compatibility and virtual technologies as we know it today. Specifically we expect to achieve this in the Cloud, Security, Defense, Financial, Wireless, Telecommunications, and Retail industries, which require high performance without compromise, while reducing hardware costs, and creating much higher and faster ROI, verses costly application rewrites to achieve compatibility and virtualization," Sanchez continued. 

About ANTs Software, Inc.
ANTs Software, Inc. (OTC US: ANTS), develops high-performance data management architectural products and solutions. The company's mission is to help customers reduce hardware, software, and development costs by providing exceptional database price/performance. For more information on ANTs Software, contact ANTs Software, Inc. This press release is neither an offer to sell, nor a solicitation of offers to purchase, securities. This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future performance, are sometimes identified by words of condition such as "should," "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: challenges arising from competition, 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 porting Applications to the Company's database, potential problems in protecting the Company's intellectual Property and problems securing the necessary financing to continue operations. 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, 2010.

Contact:
Monica Seely
Director of Marketing and Public Relations
ANTs Software, Inc.
Phone: (404) 216-2783
[email protected]

SOURCE ANTs Software, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...