Chelmsford, Mass.—October 1, 2015—Datawatch Corporation (NASDAQ-CM: DWCH) today announced an exclusive partnership with DFOCUS Co., Ltd., a Korean-based IT consulting and services provider founded by former PwC consultants, to bring Datawatch technology to the Korean market.
DFOCUS has expertise reselling and implementing data preparation, visualization, Big Data, business intelligence and cloud computing technologies. DFOCUS’ customers include brand names such as Samsung, SK , Hyundai, Allianz, IPG and Volvo CE.
Datawatch’s self-service data preparation and real-time visualization solutions will now be included in the portfolio of technologies that DFOCUS relies upon in its Strategic Management, Business Intelligence and Information Management practices, and will serve as important competitive differentiators for DFOCUS.
“The continuing data explosion is a challenge facing organizations all over the world. Having DFOCUS as a strategic reseller enables Datawatch to help organizations in South Korea manage, prepare and visualize their growing volumes of data in an extremely cost-effective way,” said Michael A. Morrison, president and chief executive officer of Datawatch. “We are very fortunate and honored to have a partner of such high quality and reputation as DFOCUS representing Datawatch in this region.”
“We are very pleased to act exclusively as Datawatch’s reseller in South Korea”, said Eundoo Sun, president and chief executive officer of DFOCUS. “Datawatch’s self-service data preparation capabilities will be a perfect complement for our Tableau customers and others, and their unique real-time visualization capabilities will enable us to serve the needs of financial services organizations as well as the IoT opportunities that we are encountering in the market.”
DFOCUS delivers consulting services that drive strategic advantage, improve business processes, leverage technology innovation and enhance performance for companies around the world. DFOCUS has more than 300 customers within Korea and is expanding its business globally with local offices in New Jersey and Belgium. For more information, visit http://www.dfocus.net.
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) provides the only Managed Analytics Platform that brings together self-service data preparation with visual data discovery. Its software bridges the gap between the ease that business user’s demand and the automation and governance needed by IT. Users can quickly discover key factors that improve their business by transforming data from multi-structured sources, as well as real-time streaming data, into visually rich analytic applications. Organizations of every size, worldwide use Datawatch products, including 93 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Frankfurt, Stockholm, Singapore, Melbourne and Manila, and with partners and customers in more than 100 countries worldwide. Learn more at datawatch.imarc.io.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements contained herein, including but not limited to those relating to product performance and viability, are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: rapid technological change; Datawatch’s dependence on the introduction of new products and product enhancements and possible delays in those introductions; acceptance of new products by the market, competition in the software industry generally, and in the markets for next generation analytics in particular; and Datawatch’s dependence on its principal products, proprietary software technology and software licensed from third parties. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company’s Annual Report on Form 10-K for the year ended September 30, 2014 and Forms 10-Q for the quarters ending December 31, 2014, March 31, 2015 and June 30, 2015. Any forward-looking statements should be considered in light of those factors.
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