Fremont, California/USA
2005/08/22
Versant Corporation (Nasdaq: VSNT) announced that, today, at Versant’s 2005 annual shareholders’ meeting, its shareholders approved an amendment to Versant’s Articles of Incorporation to effect a 1-for-10 reverse split of Versant’s outstanding common stock. The reverse stock split will be effective after the close of market on August 22, 2005, and the company's common stock will begin trading on a reverse split basis on August 23, 2005 under the symbol "VSNTD," for a period of 20 trading days. Thereafter, it will resume trading under the Company's original symbol "VSNT." As of July 6, 2005, Versant had 35,608,793 issued and outstanding common shares and, immediately following the reverse split, there will be approximately 3,560,879 shares of common stock issued and outstanding.
Fractional shares of stock will not be issued as a result of the reverse split and cash will be issued in lieu of fractional shares. Mellon Investor Services LLC is Versant’s transfer agent and will act as the exchange agent for the purpose of implementing the exchange of stock certificates in connection with the reverse split. The exercise or conversion price and/or the number of shares of common stock issuable under the Company's outstanding warrants and options will be proportionately adjusted to reflect the reverse stock split. Additional information about the reverse stock split is available in Versant’s definitive proxy statement filed with the Securities and Exchange Commission on July 21, 2005.
About Versant Corporation
Versant Corporation (NASDAQ: VSNT) is an industry leader in specialized data management software. Using Versant's solutions, customers cut hardware costs, speed and simplify development, significantly reduce administration costs, and deliver products with a strong competitive edge. Versant’s solutions are deployed in a wide array of industries including telecommunications, financial services, transportation, manufacturing, and defense. With over 50,000 installations, Versant has been a highly reliable partner for over 15 years for Global 2000 companies such as British Airways, US Government, Financial Times, IBM, and MCI. For more information, call 510-789-1500 or visit www.versant.com.
Versant is either a registered trademark or trademark of Versant Corporation in the United States and/or other countries. All other products are a registered trademark or trademark of their respective company in the United States and/or other countries.
Technical Questions:
Message Boards
Purchase Inquiries:
Versant Object Database
FastObjects .NET
General Questions:
Quick Message Form
For postal adresses, phone numbers, e-mail addresses, driving directions etc please refer to:
Get a free 60-day Evaluation copy and testdrive the Versant Object Database or FastObjects .NET! Downloads are available within the Versant Developer Center:
Versant Vorkout lets you reclaim unused space in your database while it is in normal operation, increasing free space and improving performance.
In today's fast paced world you want to be part of a company that is on the leading edge of technology? Join Versant!
The Versant Developer Center (VDC) provides all the essential information and valuable resources needed for developers, just like
OEM Partner Program: Versant offers independent software vendors and
value-added resellers an OEM Jump Start Package for free!
www.versant.com | Copyright © 2003-2008 Versant Corp. All rights reserved.
For questions about this site please contact webmaster@versant.com
Versant, Vitness, Vorkout, Vildcard, Vhistle, Vhisper, Varehouse, Vedding, reVind and FastObjects are either registered trademarks or trademarks of Versant Corporation in the United States and/or other countries. All other products might be a registered trademark or trademark of their respective company in the United States and/or other countries.
Add-on Modules for the Versant Object Database.
If mission critical deployments are a part of your business or if you need to access data through SQL, Versant provides Enterprise-class Add-on Modules for the Versant Object Database.
The observation of a production system is a cornerstone to the proper establishment of an adequate System & Network Management policy.
Using Versant Vitness for the advanced monitoring of your entire Versant Object Database environment provides you with a fundamental tool for all database administration operations and decisions.
The Vitness add-on module delivers real-time views of performance data and analytical information about the Versant Object Database at the push of a button. Proactive database monitoring prevents potential faults that could be unexpectedly generated by an unobserved system - Versant Vitness alerts administrators before database availability is affected. Can life get any easier?
Versant Vorkout is a Database Reorganizer Tool for applications that delete large numbers of objects. It lets you reclaim unused space in your database while it is in normal operation, increasing available free space and improving database performance. Last but not least Vorkout is tightly integrated and can be used through Versant Vitness.
Over time as objects grow or are deleted, empty holes are created in the tightly packed database resulting in fragmentation of data segments. Thus, performance starts degrading and disk usage is also increased.
Versant has addressed this issue by introducing Vorkout - the enhanced tool provides the user the ability to analyze a database for wasted space and reorganizes the data for reduced fragmentation and restored performance.
Vedding is an add-on software module for the Versant Object Database enabling automatic fail-over and recovery in the case of hardware or software failure. This is commonly known as a Fault Tolerance environment.
Vedding uses synchronous replication between two database instances and supports transparent re-synchronization in the event of a failure. Synchronous database replication mirrors the contents of one database to another in a predictable and orderly manner. This provides either local or geographically remote redundancy, which protects against the unavailability of data.
The Vhistle add-on module for Asynchronous Replication supports both master-slave and peer-to-peer asynchronous replication between multiple Versant Object Database servers. This can be used to replicate data to a distributed recovery site or to replicate data between multiple local object servers for increased performance and reliability.
In many applications, there is a need to replicate data, typically to improve availability, to improve performance by geographically co-locating databases with the applications that access the databases, to isolate decision support systems from online production systems, and to help in recovery from failures using warm-standby systems.
Vhisper provides Warm Standby capabilities to a Versant Object Database. The add-on module is used as an incremental rollforward recovery. It is designed to minimize the downtime in an emergency event.
With Vhisper, an up-to-date copy of the primary database is maintained - this is a Warm Standby database. In case of an emergency, the Vhisper's Warm Standby database can be updated very quickly to the state of the primary database. Instead of starting a full database restore that may take a considerable time with large databases, you just need to apply the last roll forward archive plus the logical.log of the primary database to the Warm Standby database - and you are ready for anything.
Varehouse is an add-on software module that enables the Versant Object Database to use the disk mirroring features of EMC Symmetrix or other enterprise storage systems to take an online backup of very large data volumes without impacting availability (High Availability Backup, HAbackup).
Varehouse, Versant's High Availability Backup solution, is a generic way of achieving continuous online backup of the Versant Object Database. It exploits the capabilities of special storage devices. It allows the user to execute certain operations such as, splitting a mirrored device, after bringing the database to a consistent state.
Vildcard enables you to run a discounted standby server in parallel to your initial Versant Object Database server.
Most likely, Vildcard is used for generic cold standby environments where backups are accomplished manually in certain periods.
reVind is an Add-on module for the Versant Object Database. The Versant/SQL suite of software modules permits you to use conventional Structured Query Language (SQL) semantics to access data that resides in a Versant Object Database.
The resulting application architecture can offer the strengths of both the relational and the object database models, such as the openness and interconnectivity of relational tables along with the expressiveness and performance of object collections.