Attunity Ltd. (NASDAQ:ATTU)

On March 25, 2010, Attunity Ltd, announced today that is has entered into an extension agreement with the holders of its Convertible Promissory Notes due November 4, 2010.

Dror Harel-Elkayam Attunity' s VP Finance, stated, "We are pleased with the confidence our holders of convertible notes have placed in the Company as evidenced by the extension of the maturity date. We believe that this agreement, along with previous financing activities we implemented during 2009, further improves our cash and working capital position."

“We are pleased, as demonstrated by our financial results for the fourth quarter and for the full year 2009, that we turned into profitability and have generated a positive cash flow in 2009. During the year, we focused the turn-around on further developing our core leading products, introducing product lines for the real-time data integration market, extending our offerings into the operational data replication market, strengthening our partnerships with market leaders, and expanding our offering to the large open system market".