DataMirror Completes Acquisition of PointBase

December 23, 2003

DataMirror, a leading provider of live, on-demand data integration and protection solutions, announced that it has completed its previously announced acquisition of PointBase, Inc. Under the terms of the agreement, DataMirror will pay approximately $3.5 million, and certain additional amounts may become payable contingent on future revenue or proceeds that may be received in connection with the acquired business. DataMirror will account for the acquisition under the purchase method.

PointBase is a leading provider of nano footprint, Java-based relational database and synchronization solutions designed to lead the industry’s move toward software that delivers on the promise of platform independence. PointBase’s proven trio of offerings – PointBase Embedded, PointBase Micro and PointBase UniSync – provide effective Java-based data storage, enterprise mobility and data synchronization with corporate databases.

PointBase technology is currently being used by leading software providers and companies including BEA, Checkmate International, Extensity, Leadscope, Macromedia, Raytheon and Sun Microsystems. With the implementation of PointBase technology, these companies have gained numerous business benefits including application mobility, reduced total cost of ownership, increased developer productivity, accelerated product release, increased customer satisfaction, and greater customer ROI.

Beyond enhancing service for the existing important PointBase customers, DataMirror will be focusing the PointBase technology to expand its existing wireless data capture solutions for bar code and RFID applications and also on new data synchronization solutions for the handheld marketplace.

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