ASCL Ascential Software - Common Stock (MM)

Inter-American Development Bank Selects Ascential Software to Power Enterprise Data Warehouse Investment in Ascential DataStage(TM) Helps Improve Business Performance and Reduce Time to Deployment WESTBORO, Mass., Feb. 1 /PRNewswire-FirstCall/ -- Ascential Software Corporation (NASDAQ:ASCL), the enterprise data integration leader, today announced that the Inter-American Development Bank (IDB), the main source of multilateral financing for economic, social and institutional development in Latin America and the Caribbean, has selected Ascential DataStage (TM) to populate and maintain its enhanced enterprise data warehouse. Ascential DataStage enables the IDB to access, transform and integrate large volumes of operational, analytical and transactional business data for improved asset and risk management, while at the same time eliminating costly, time-consuming hand-coding. The IDB provides Latin American and Caribbean member countries with financing and technical assistance to achieve environmentally sustainable economic growth, increase competitiveness, enhance social equity and fight poverty, modernize the state and foster free trade and regional integration. With the data integration solution from Ascential Software, the IDB will benefit from improved speed, accuracy and completeness of information collected on its portfolio of loans and investments, which extends across 26 Latin American and Caribbean countries. Ascential DataStage will increase the reliability and timeliness of the IDB's enterprise data warehouse. "International banks experience many industry-specific challenges when it comes to managing customer and operational data," said Thracy Varvoglis, executive director of industry solutions at Ascential Software. "Ascential DataStage gives the IDB an improved view of its data." Ascential DataStage, a core component of Ascential Enterprise Integration Suite(TM), enables companies to tightly integrate enterprise information, regardless of the sources, targets and timeframes. Whether an organization is building an enterprise data warehouse to support the information needs of the entire company, building a "real-time" data warehouse, or integrating dozens of source systems to support strategic business systems such as CRM, SCM, ERP, BI/analytics, and e-business, Ascential DataStage helps ensure the success of enterprise data integration initiatives. About Inter-American Development Bank As the leading source of multilateral financing for Latin America and the Caribbean, the Washington, DC-based IDB supports economic and social development in the region. Its 46 member countries include the United States, the single largest shareholder. About Ascential Software Ascential Software Corporation (NASDAQ:ASCL) is the leader in enterprise data integration. Customers and partners worldwide use the Ascential Enterprise Integration Suite(TM) to confidently transform data into accurate, reliable and complete business information to improve operational performance and decision-making across every critical business dimension. Our comprehensive end-to-end solutions provide on demand data integration complemented by our professional services, industry expertise, and methodologies. Ascential Software is headquartered in Westboro, Mass., and has more than 3,000 customers and partners globally across such industries as financial services and banking, insurance, healthcare, retail, manufacturing, consumer packaged goods, telecommunications and government. For more information call 1-800-966-9875 (508-366.3888 if calling from outside the US or Canada) or visit the Ascential Software website at http://www.ascential.com/. Media and industry analysts, contact Chas Kielt, director of media and analyst relations, at 1-508-599-7256 or . Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the functionality, characteristics, quality and performance capabilities of Ascential Software's products and technology; results achievable and benefits attainable through deployment of Ascential Software's products and provision of services; and improvements in operational performance and decision-making. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the ability of the company to expand its market share; growth rates for the enterprise data integration software market; general business conditions in the software industry, the technology sector, and in the domestic and international economies; rapid technological change in the markets served by the company; dependence on international operations; global and geopolitical instability; compliance costs associated with regulations to which the company is subject, including the Sarbanes-Oxley Act of 2002, and the impact of such regulations; and difficulties that the company may experience integrating technologies, operations and personnel of completed or future acquisitions. For a detailed discussion of these and other cautionary statements, please refer to the filings made by Ascential Software with the Securities and Exchange Commission, including, without limitation, the most recent Quarterly Report on Form 10-Q. Ascential Software disclaims any intent or obligation to update any forward-looking statements made herein to reflect any change in Ascential Software's expectations with regard thereto or any change in events, conditions, or circumstances on which such statements are based. Ascential Software is not responsible for statements attributed to third parties within this release or in any materials referenced herein. Partnerships described herein shall be deemed to be strategic alliances only, and shall not imply the power of either partner to bind the other partner or to incur obligations on behalf of the other partner. Ascential, Ascential DataStage and Ascential Enterprise Integration Suite are trademarks of Ascential Software Corporation or its affiliates and may be registered in the United States or other jurisdictions. Other marks are the property of the owners of those marks. DATASOURCE: Ascential Software Corporation CONTACT: Chas Kielt of Ascential Software Corporation, +1-508-599-7256, ; or Mary Keith of Porter Novelli, +1-617-897-8281, Web Site: http://www.ascential.com/

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