Grow Financial Adopts Attunity MFT Solution to Increase Productivity and Comply With Internal Audits

BURLINGTON, Massachusetts, April 17, 2012 /PRNewswire/ --

Attunity Ltd. (OTC BB: ATTUF.OB), a leading provider of real-time data integration software, announced today that Grow Financial Federal Credit Union ("Grow Financial") has selected Attunity's managed file transfer (MFT) solution (formerly known as RepliWeb-MFT), to automate and secure the process of transferring files to increase its productivity and meet internal audit requirements.

As one of the leading community financial institutions in the Tampa Bay area in Florida, Grow Financial's business is driven by information availability.  Grow Financial's legacy approach to transferring information between internal systems, subsidiaries and external partners had relied heavily on manual processes and required users to interact with file transfer protocol (FTP) servers. FTP had proved to be problematic for Grow Financial because business users were challenged by its usability, while IT teams needed to closely manage file exchanges, notifications and communications at all hours of the day and night. As a result, these manual processes hindered productivity and were difficult to audit.

In response to these challenges, Grow Financial sought out and acquired Attunity's solution. Attunity MFT fulfills Grow Financial's need for a file transfer solution that incorporates automation and guarantees delivery to its diverse portfolio of file transfer processes. Attunity MFT also helps Grow Financial to enforce internal data security policies, provide detailed auditing for compliance, and increase employee productivity.

"After evaluating several other MFT products, we selected Attunity MFT because it truly exceeded our expectations," explained James Stock, AVP Network Services at Grow Financial. "I estimate that Attunity MFT saves our employees at least 20 hours per month by automating all of our mission-critical file transfer processes. It also eliminated the need to manually download files after business hours. We enjoy the peace of mind that Attunity MFT provides with its audit trail and inbound file virus scanning that ensures network security."

"We are pleased to help Grow Financial provide a more comprehensive and reliable infrastructure for managing machine-to-machine secure file transfers," stated Garrick Herrmann, Vice President of Sales at Attunity. "By providing a single solution that automates all business transfer processes and provides notifications to all parties, Attunity enables companies like Grow Financial to boost their productivity and feel confident that data consistency and reliability is guaranteed and auditable."  

About Attunity 

Attunity is a leading provider of real-time data integration software that enables access, sharing and distribution of data across heterogeneous enterprise platforms, organizations, and the cloud. Our offering includes software solutions such as data replication, real-time change-data-capture (CDC) and real-time data connectivity, as well as enterprise file replication and managed-file-transfer (MFT) offered through our RepliWeb division. Using Attunity's software solutions, our customers enjoy dramatic business benefits by enabling real-time access and availability of data and files where and when needed, across the maze of heterogeneous systems making up today's IT environment.

Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com or our In Tune blog and join our community on Twitter, Facebook, LinkedIn and YouTube.

IMPORTANT NOTE: The announcement of any particular selection or implementation of Attunity products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. References to customer successes are based upon a single user experience and such customer's testimonial.

Safe Harbor  Statement

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity's current expectations.

Factors that could cause or contribute to such differences include, but are not limited to: risks and uncertainties relating to the acquisition of RepliWeb, including costs and difficulties related to integration of acquired businesses, the combined companies' financial results and performance, and ability to repay debt and timing thereof; our liquidity challenges and the need to raise additional capital in the future; market acceptance of the Attunity Replicate and the development of a market for such product; timely availability and customer acceptance of Attunity's new and existing products; any unforeseen developmental or technological difficulties with regard to Attunity's products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity's products; unknown factors affecting third parties with which Attunity has formed business alliances; the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ.

For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity's latest Annual Report on Form 20-F/A, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

© Attunity 2012. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners.

Press contact:  
Melissa Kolodziej, Director of Marketing Communications, Attunity
[email protected]
Tel. +1-781-730-4073

SOURCE Attunity Ltd

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