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Wednesday, February 27, 2008

Attunity moves shares to the OTC market

One week after being delisted from the Nasdaq, the stock of Attunity Ltd. has found a home trading on the Over the Counter Bulletin Board, according to company officials.

Israeli enterprise data integration software firm Attunity (OTC: ATTUF), which has its U.S. headquarters in Burlington, said its shares are being traded on the OTC board under the ticker symbol ATTUF.

Attunity provides enterprise-class software directly and indirectly through a number of strategic and OEM agreements with partners such as Hewlett-Packard Co., IBM Corp., Oracle Corp., Business Objects Inc., and Cognos Inc..

In January, Attunity signed a nearly $3 million deal with Microsoft Corp. to include its Attunity Connect adapter software in Microsoft's SQL Server 2008. In July 2007, Attunity withdrew plans for an initial public offering in Israel after company officials filed preliminary documents for a listing in June.

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