Objectivity Reports Record Cash and Investment Balances; Increased Commercial Application Deployments and Growing Adoption in the Security and Intelligence Markets Credited

Business Wire, Jan 23, 2006

SUNNYVALE, Calif. -- Building upon the growing success for its real-time data management solutions for complex inter-related data, Objectivity, Inc. today announced results for the quarter ended December 31, 2005. Cash, cash equivalents and short term investments reached record levels with balances increasing 7% over the previous quarter ended September 30, 2005, and increasing 21% over the 12-month period ended December 31, 2004. In addition, Objectivity continued to build its financial strength with working capital (current assets less current liabilities) increasing by 18% over the same 12-month period. "We are continuing to outperform our plan for fiscal year 2006 which has enhanced our financial position," said Jay Jarrell, president and CEO of Objectivity.

Supporting Today's Complex Data Management Challenges

Objectivity's success is attributed to customer deployments of commercial applications along with the growing adoption in the government's security and intelligence market. The Objectivity/DB platform enables Objectivity's customers and their end-users to collect and process ever-increasing quantities of data from a growing number of sources to understand complicated inter-relationships and recognize patterns. This ability to transform small clues into major breakthroughs has significantly improved applications used in process control, medical and telecommunications equipment, financial services and the government sector. Objectivity/DB provides a reliable, scalable repository for the wide range of complex data types found in today's advanced real-time data fusion applications. The Objectivity/DB platform is highly optimized for performance and throughput in systems that handle highly interconnected data.

Government Market Success

The company attributes much of its continuing success to the expanding adoption of the Objectivity/DB platform in the government's security and intelligence markets. Many of Objectivity's government customers are performing data fusion from geospatial and sensor data. Others are storing and correlating vast amounts of disparate information such as text, images, video and voice for investigation or security and intelligence applications. Additional government agencies where Objectivity has experienced significant success include the Department of Defense (DOD) and the Department of Energy (DOE), which generated the world's largest database storing 895 Terabytes of information in Objectivity/DB.

"We find there is an ever-growing need for the real-time management of complex inter-related data within our targeted government and commercial markets. This need has resulted in the rapid market adoption of the Objectivity/DB data management platform. We continue to aggressively build our resource structure to better serve these markets with the addition of our new U.K. office last quarter serving allying government agencies and commercial customers in the U.K. and Europe," adds Jarrell.

About Objectivity, Inc.

Objectivity, Inc. is a global technology leader in data management products and services for software applications with the most demanding data management challenges. The company's flagship product, Objectivity/DB, is the leading object oriented data management (OODB) platform for the real-time management of complex inter-related data. Objectivity/DB is recognized for its ability to store and manage very large volumes of complex data for event and relationship processing within mission-critical applications. These applications are developed by ISVs, OEMs and end-users in process control, medical and telecommunications equipment, government and financial services. Objectivity/DB enables organizations to monitor, analyze and respond by identifying inter-relationships or anomalies providing real-time intelligence for predictive analysis and decision support.

Objectivity, Inc. is headquartered in Sunnyvale, Calif., USA. Please contact the company by sending e-mail to info@objectivity.com, visiting www.objectivity.com or calling 408-992-7100. Objectivity/DB is available on a 30-day free trial basis at www.objectivitydownload.com.

Note to Editors: Objectivity/DB is a trademark of Objectivity, Inc. All other company, organization, product or alliance names mentioned herein remain the property of their respective owners.