SAND Technology Announces First Quarter Results for Fiscal 2010
Montreal, December 18, 2009: SAND Technology Inc. (OTCBB:SNDTF), an international provider of data
management software and best practices, today reported a net income for the three-month period ended
October 31, 2009. The Company reported a net income for the first quarter of fiscal year 2010 of $553,253 on
revenues of $2,485,464 compared with a net loss of $989,850 on revenues of $1,223,928 for the first quarter of
fiscal year 2009. All figures are in Canadian dollars.
“We are pleased with our results for the quarter,” notes Tom O’Donnell, President and CEO of SAND
Technology. “However significant work remains to be able to report positive quarterly results on a normal
recurring basis. A sense of urgency is being instilled in all SAND employees to change the company to a profit
“I am optimistic about the future of SAND based on our expanded presence within our existing customer base
and interest from potential new customers. We are working diligently to improve our productivity, operational
efficiencies and product offerings”.
About SAND Technology
SAND Technology provides Data Management Software and Best Practices for storing, accessing, and
analyzing large amounts of data on-demand while lowering TCO, leveraging existing infrastructure and improving
SAND/DNA solutions include CRM analytics, and specialized applications for government, healthcare, financial
services, telecommunications, retail, transportation, and other business sectors. SAND/DNA has achieved
"Certified for SAP NetWeaver" status and SAND Nearline Integration Controller has achieved "Powered by
SAP NetWeaver" status.
SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.
SAND Technology, Nucleus, N-Vector, and MPSO are registered trademarks, and SAND/DNA,
SAND/DNA Access, SAND/DNA Analytics, SAND/DNA aCRM, SAND Analytic Server, SAND
Searchable Archive, SAND Exte