-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A1QXrkQTIACBPnQAD25Q+WDTVdNbY5Wi6ftFU24eFkUb+XpO4Faz2wRbeOzv9Fjv aM0S8blp6QETW/3HWRssYg== 0001157523-09-008338.txt : 20091130 0001157523-09-008338.hdr.sgml : 20091130 20091130122731 ACCESSION NUMBER: 0001157523-09-008338 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091124 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20091130 DATE AS OF CHANGE: 20091130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANTS SOFTWARE INC CENTRAL INDEX KEY: 0000796655 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 133054685 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16299 FILM NUMBER: 091211210 BUSINESS ADDRESS: STREET 1: 71 STEVENSON STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 6509310500 MAIL ADDRESS: STREET 1: 71 STEVENSON STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ANTS SOFTWARE COM INC DATE OF NAME CHANGE: 19990806 FORMER COMPANY: FORMER CONFORMED NAME: CHOPP COMPUTER CORP /DE/ DATE OF NAME CHANGE: 19990805 FORMER COMPANY: FORMER CONFORMED NAME: SULLIVAN COMPUTER CORP DATE OF NAME CHANGE: 19870108 8-K 1 a6109901.htm ANTS SOFTWARE INC. 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 24, 2009

ANTS SOFTWARE INC.

(Exact name of Registrant as specified in its charter)

Delaware

000-16299

13-3054685

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

71 Stevenson St., Suite 400, San Francisco, CA

94105

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:  (650) 931-0500



N/A

(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01     Other Events.

On November 24, 2009, ANTs software inc. issued a press release announcing the financial results for the three and nine months ended September 30, 2009. A copy of the press release is attached hereto as Exhibit 99.

Item 9.01     Financial Statements and Exhibits.

(d)  

Exhibits

 
 
Exhibit 99 Press release dated November 24, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 

ANTs software inc.

 

Date: November 30, 2009 By:

/s/ Joseph Kozak

Joseph Kozak, President, Chairman,

Chief Executive Officer

EX-99 2 a6109901ex99.htm EXHIBIT 99

Exhibit 99

ANTs software inc. Reports Third Quarter 2009 Financial Results

Company Reports Intense Activity in Go-To-Market Strategy With Global IT Vendor

SAN FRANCISCO--(BUSINESS WIRE)--November 24, 2009--ANTs software inc. (OTCBB: ANTS), a leader in database migration solutions, today announced the financial results for the three and nine months ended September 30, 2009.

Total revenue was $1,378,373 for the third quarter of 2009, compared to $1,441,422 for the third quarter of 2008. Operating expenses were $2,107,461 for the third quarter of 2009, compared to $3,078,226 for the third quarter of 2008, as restated. The net loss for the third quarter of 2009 was $14,055,772 compared to $3,828,952 for the third quarter of 2008, as restated, which includes $12,697,162 and $1,400,745 (restated) of non-cash charges, respectively.

During the quarter, ANTs engaged in many go to market activities as a result of its OEM relationship with a Global IT Vendor. The company believes there are 12 large organizations that are potential candidates to become “Early Access” or “Beta” users of the technology ANTs is currently developing for the Global IT Vendor. Confidentiality provisions of the OEM agreement preclude the naming of the potential users as well as the naming of the Global IT Vendor and the actual timing of the release of the technology that is currently being developed.

Joe Kozak, Chief Executive Officer of ANTs Software, said, “During the third quarter we continued to work towards delivery of a custom ANTs Compatibility Server product under the new OEM agreement that we signed with a major, Global IT Vendor. We believe that all of the work and investment that we have made in development of the ACS product through the years leading up to this agreement will begin to deliver value for shareholders as we deliver the product and go to market with our OEM partner in 2010.”

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 middleware 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.

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,” “may,” or “intends,” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: potential delays in planned sales of ACS, problems securing the necessary financing to continue operations should revenues not be sufficient to offset expenses, problems encountered in commercializing the ANTs technology, potential of undetected infringing technology or non-infringing competitive technologies, difficulties experienced in product development, roadblocks experienced in sales and marketing activities, longer than expected sales processes, difficulties in recruiting knowledgeable and experienced personnel, possible problems in migrating applications using the ANTs Compatibility Server (ACS), and potential problems in protecting the Company’s intellectual property. Further information concerning these and other risks is included in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and the Company’s most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2009. The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.

CONTACT:
Todd Fromer
212-896-1215
tfromer@kcsa.com
or
ANTs software inc.
Cesar Rojas
650-931-0535
cesar.rojas@ants.com

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