Chelmsford, Mass.—October 28, 2013—Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of visual data discovery solutions, announced today the rebranding of its entire product line based on the integration of recently acquired visual data discovery technology from Panopticon. The announcement and integration of the products reflects Datawatch’s unique capability to deliver high impact visual data discovery capabilities against any sources of data regardless of its structure and the velocity in which it is delivered, be that static or real-time.
Big Data and the accelerating pace of business is placing a premium on the ability to easily access and visually explore any information source at any speed, especially real-time. Integration of technology acquired in the recent Panopticon acquisition puts Datawatch at the forefront of this rapidly emerging market for next generation analytics.
Under the reorganization, all products now carry the Datawatch name, reflecting the merging of existing and acquired technologies and the advanced, next-generation analytical capabilities this provides. The integrated Datawatch family includes the following products:
Datawatch Desktop: Design visualizations against any data source supported under the former Panopticon Designer product, as well as design and develop models to visualize less than structured data from sources supported by the former Datawatch Monarch Professional product. Datawatch Desktop can be used to design and develop models for individual use or for deployment in the Datawatch Server environment.
Datawatch Server: Integrates the best capabilities of the former Datawatch Enterprise Server and Panopticon Server to automate, manage, store and visualize information from any data source that can be modeled via the Datawatch Desktop or Datawatch Modeler offerings. Datawatch Server will be offered with three different licensing options to facilitate multiple deployment scenarios.
Datawatch Modeler: Model and extract analytical assets from structured or less-than-structured sources like PDFs, reports and EDI streams, and then use this data in a self-service manner on the desktop or move it to the Datawatch Server for broader analytical use. The product was formerly known as Datawatch Monarch Professional, and offers a subset of the capabilities of the complete Datawatch Desktop.
Datawatch Automator: To process larger sets of semi-structured data that has been modeled using Datawatch Modeler, Datawatch Automator allows you to schedule and automate these processes, and distribute this data to other users throughout the organization. This product, formerly known as Datawatch Data Pump, is part of the Datawatch Server family.
“Success in next-generation analytics hinges on the ability to easily access any data source and make it available for visual discovery at any speed,” said Ben Plummer, chief marketing officer and senior vice president, Strategic Alliances for Datawatch. “We are the first, and only, company able to offer organizations the solutions they need to do true next-generation analytics and our product line integration, packaging, and branding are designed to reflect these capabilities. “
In step with the rapidly evolving Big Data and analytics markets, Datawatch is continuing to innovate across its product line so organizations can analyze and understand any data variety, regardless of structure, at real-time velocity, in an unmatched visual data discovery environment.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery software that empowers organizations to optimize the use of any data, regardless of its structure, volume, or velocity to analyze and gain insights into what is driving their business . Its unique ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files and EDI streams with real-time streaming data into analytic applications with rich visualizations that allow users to interactively discover key factors that impact their business operations set them apart in the big data and visualization markets More than 40,000 organizations worldwide use Datawatch, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. See the Whole Story for yourself by downloading the free trial at http://www.datawatch.com/try-now/
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, including but not limited to those relating to results of operations, contained herein 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: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; risks associated with acquisitions, including the recent acquisition of intellectual property from Math Strategies and the acquisition of Panopticon; the volatility of Datawatch’s stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch’s dependence on the introduction of new products and possible delays in those introductions; competition in the software industry generally, and in the markets for information optimization in particular; Datawatch’s dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales and operations; risks associated with indirect distribution channels; the adequacy of Datawatch’s sales returns reserve;
risks associated with a subscription sales model; Datawatch’s dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch’s technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. 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, 2012, Form 10-Q for the quarters ended December 31, 2012, March 31, 2013 and June 30, 2013, and Definitive Proxy Statement on Schedule 14A filed with the SEC on August 5, 2013. Any forward-looking statements should be considered in light of those factors.
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Investor Contact: Datawatch Investor Relations email@example.com
Phone: (978) 441-2200 ext. 8323
Sarah Bernardi Datawatch Corporation
Sarah_Bernardi@datawatch.com Phone: (978) 441-2200 ext. 8387
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