ANTs Software Announces First Acquisition of Sybase to DB2 Migration Technology and Services with Global Financial Services Leader

ANTs software inc. (OTCBB: ANTS), a leader in database consolidation solutions, today announced that a global financial services leader has signed an agreement to deploy the IBM DB2 SQL Skin for applications compatible with Sybase ASE (IBM DB2 SSacSA) migration technology and services to move a large volume of Sybase ASE database instances to IBM DB2. The agreement is part of a significant system deployment and replacement deal for IBM and comes less than 60 days following ANTs Software and IBM’s May 20, 2010 announcement of the commercial availability of the IBM DB2 SSacSA.

Mr. Joseph Kozak, Chairman and Chief Executive Officer of ANTs Software said, "We are pleased to announce our first customer of the IBM DB2 SQL Skin for applications compatible with Sybase ASE this early in the third quarter. Our solutions are being engaged in some of the biggest IT deals in the industry, and are frequently incorporated into contracts in which complete system deployments and replacements are a major part of the overall technology structure and where tens and hundreds of millions of dollars are negotiated.”

This financial services customer is one of the original beta clients for the DB2 SQL Skin migration software and has now become its first licensee. The IBM and ANTs Software DB2 SQL Skin solution will provide the client with a means to transfer Sybase ASE databases to DB2 without the need to rewrite entire Sybase applications.

Proof of the technology occurred in record time, with conversion of only two days. The time taken to enable the business application to work with DB2 was only 8 hours. This demonstrates the combined strength and flawless execution of the ANTs and IBM team, which can be easily redeployed through deals that are currently a part of the sales pipeline.

With IT budgets increasingly shrinking, the IBM DB2 SQL Skin for applications compatible with Sybase ASE is able to help organizations reduce costs by over 50 percent without adversely impacting service level agreements. Real long-term savings are achieved as manpower is reduced, less hardware and storage is needed to run applications and existing hardware can be used more efficiently. Additionally, Sybase ASE to DB2 migration is significantly simplified and workloads of different versions of Sybase ASE are supported in the new DB2 environment.

”Securing our first paid licensee with a global leader in financial services is a clear indication of the power of our new sales and marketing arrangement with IBM, the need to accelerate an OFF-Sybase strategy by Sybase ASE users and the growing customer acceptance for this technology at the highest levels,” concluded Mr. Kozak.

The actual name of this customer is not provided due to competitive reasons.

For more information about IBM DB2 SSacSA, please visit the IBM product page or the ANTs product page.

About the IBM and ANTs Alliance

IBM Corp. and ANTs Software has completed and signed a Global OEM agreement. In compliance with the agreement, ANTs repurposed its patent-pending ANTs Compatibility Server (ACS) technology to jointly develop with IBM the IBM® DB2® SQL Skin for applications compatible with Sybase ASE (IBM DB2 SSacSA) product.

IBM assumes responsibility for marketing, sales and support of IBM DB2 SSacSA on a worldwide basis, while ANTs is the preferred service provider for DBMS migration projects to DB2.

The ANTs Software database migration technology and services was carefully selected by IBM after comprehensive research and customer validation of features and data base migration capabilities.

ANTs has been awarded Advanced Industry-Optimized status in the IBM PartnerWorld Industry Networks program.

About ANTs Software

ANTs software inc. is revolutionizing and simplifying DBMS migration, hardware consolidation and IT modernization. Our mission is to help customers efficiently use IT resources and drive down IT operating costs by consolidating hardware and software infrastructure. For more information, visit www.ants.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as "should,” "could,” "expects,” "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: problems securing the necessary financing to continue operations should revenues not be sufficient to offset expenses, 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 migrating applications using the ANTs Compatibility Server (ACS), and potential problems in protecting the Company’s intellectual property. 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, 2009. The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.