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By: LevelStock.com ANTs software inc. , a leader in database migration solutions, today announced that Fletcher International, Ltd., an affiliate of Fletcher Asset Management, Inc., has agreed to purchase up to $10 million of ANTs common stock at various prices. Proceeds from the transaction will be used primarily to further fund ANTs’ development of innovative database migration solutions and to execute a go-to-market strategy. The initial investment of $1.5 million at $1.00 per share is expected to close shortly. Future investments are subject to achievement of predetermined business milestones. Details of the agreement will be included on a Form 8-K to be filed with the Securities & Exchange Commission. “We are very excited by Fletcher’s investment in ANTs and their involvement as a partner in our future growth,” said Joseph Kozak, Chairman and CEO of ANTs Software. “We have a number of very significant corporate milestones on the horizon and this investment agreement allows us to move towards meeting our goals.” “We anticipate that our investment will help accelerate ANTs’ development of the new migration technology and we hope to find additional ways to support their growth,” said George Ladner, Fletcher International. This press release shall not constitute an offer to sell or the solicitation of offers to buy securities. The securities and the shares of ANTs common stock issuable upon exercise of the securities have not been registered under the Securities Act of 1933 or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. About ANTs software inc. The mission of ANTs Software is to help customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility Server (ACS), an innovative solution that accelerates database consolidation between database vendors, enabling application portability. In addition to ACS, ANTs offers a complete portfolio of services ranging from architecting or managing IT infrastructure, to full application performance tuning and administrative services. ANTs is a public company with headquarters in San Francisco, California. Our shares trade on the OTC Bulletin Board under the symbol: ANTS. For more information visit, www.ants.com. About Fletcher Asset Management, Inc. Founded in 1991, SEC-Registered Investment Advisor Fletcher Asset Management Inc., Fletcher International, Ltd. and other affiliates in the United States and Europe seek consistent investment returns from their supportive direct investments in responsible companies and in select private investment funds. More than 50 direct investments have strengthened promising companies helping to secure more than 50,000 jobs and develop and deliver important products and services. Additional information is available at www.fletcher.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,” About LevelStock.com We are an investor community and investors relations website specializing in emerging growth stocks in today’s Hot Sectors and providing a platform of services for SmallCap, MicroCap, NanoCap Companies. We encourage everyone to join our social media sites: Free Subscription For Our Newsletters: FaceBook: http://www.facebook.com/ Twitter: http://twitter.com/ LevelStock.com is not a registered investment advisor or broker-dealer. The information here is believed to be reliable, but not guaranteed to be accurate by LevelStock.com Please be advised that the information contained may or may not be complete and is solely for informational purposes only. Please read our full disclaimer for complete risks and disclosures http://levelstock.com/ CONTACT INFO: LevelStock.com 288 Grove Street Suite 181, Braintree, MA 02184 Email: support@levelstock.com End
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