Database Company supports Masters students enrolling in Databases/Information systems through 2-year scholarship

Versant (NASDAQ: VSNT) today announced that it will grant a 2-year scholarship to a talented student pursuing a masters degree in computer science specializing in Databases/Information systems at Hamburg University in Germany. In launching the new "Versant Advanced Database Scholarship“, Versant, with its European Headquarters in Hamburg, Germany, and Hamburg University will jointly select a talented student for a scholarship each year. The recipient will receive 800 EUR per month and payment of tuition fees by Versant for the two year period following the award of the scholarship.  Versant will further assist the scholarship recipient in helping to determine the Master’s thesis and providing a training program during school break in Versant's Hamburg Research and Development department.

“Versant’s scholarship program is a brilliant idea”, says Professor Dr. Holger Fischer, Vice President Study and Science at Hamburg University. “I would be delighted if other companies would follow suit, as supporting talented students is a most promising investment into the future.”

"Versant is a groundbreaking provider of innovative database technology.
The proximity of our research and development site in Hamburg and Hamburg University provides a good base to establish an in-depth dialog between science and business“, says Jochen Witte, CEO at Versant. "Introducing the Versant Advanced Database Scholarship, we wish to stimulate talent and help create a higher level of expertise within the database technology arena."

The new scholarship will be available commencing with the upcoming winter semester. In order to be eligible for the "Versant Advanced Database Scholarship“, candidates must be matriculated in the Masters Degree in Computer Sciences at Hamburg University and specializing in Databases / Distributed Information Systems, and will be required to obtain a letter of recommendation from the Commissioner of the Computer Science Department, Professor Dr. Norbert Ritter. Versant, in collaboration with Hamburg University, will ultimately award the scholarship to a worthy student. For the winter semester 2007/2008, applications must be submitted no later than July 15, 2007.

For more Information about Hamburg University, Computer Science Department
visit http://www.informatik.uni-hamburg.de/

About Versant
Versant Corporation (NASDAQ: VSNT) is an industry leader in specialized data management software, which helps companies to handle complex information in environments that have high performance and high availability requirements. Using the Versant Object Database, customers cut hardware costs, speed and simplify development, significantly reduce administration costs, and deliver products with a strong competitive edge. Versant's solution is deployed in a wide array of industries including telecommunications, financial services, technology, 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 Ericsson, Verizon, Sagem, U.S. Government and Financial Times. For more information, call +1 650-232-2400 or visit www.versant.com.