DCF Technologies Secures $860K Investment from Xenia Venture Capital and Additional Private Investors

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 12, 2009 -- October 12, 2009, Tel Aviv, Israel – DCF Technologies Ltd., a pioneer of solutions for eliminating data retrieval bottlenecks and improving database performance, announced today that it has secured funding to support its continued product development. The investment round was led by Xenia Venture Capital together with additional investors that include Zeevi Bregman, CEO of NICE Systems (NASDAQ: NICE). In addition, Aki Ratner, member of Xenia Advisory Board, was nominated as the Chairman of the Board.

DCF Technologies was founded in 2007 by Vladi Vexler, COO of DCF. The Company has invented a new software paradigm, SafePeak, which enables immediate resolution of data access bottlenecks and latency problems. SafePeak provides significantly increased speed of data retrieval for breakthrough performance and improved response time with no changes needed to existing databases or applications. It helps to ensure that websites and OLTP systems can continue to perform even during unexpected peaks and spikes of usage.

“Organizations are constantly searching for solutions that can provide immediate response to costly data access bottlenecks, outages and slowdowns during peak traffic periods,” said Anat Segal, CEO of Xenia Venture Capital. "We see in DCF the unique combination of a strong team of entrepreneurs and experienced management, together with a solution that resolves a widespread and growing challenge facing companies worldwide.”

"Our goal is to realize the Company's technological potential in the large and growing database market,” said David Leichner, who was appointed CEO of DCF Technologies in March 2009. “In order to bring our development plans to fruition, we needed strong financial backing. We expect that this investment will provide us with adequate financing to achieve our first commercial release of SafePeak.”

“We would like to thank Xenia and our additional investors for their belief in DCF,” continued Leichner. “In addition to the funding, we have gained a wealth of experience and expertise with Aki Ratner’s joining DCF as Chairman. I welcome Aki to DCF and have no doubt that with his support DCF will grow into a market leader.”

Most recently Aki served as CEO of Attunity Ltd. from September 2004 through May 2008. Prior to that, he was the President of Precise Software from December 2000 to June 2003 where he was instrumental in the acquisition of Precise by VERITAS for around $600 million. After the acquisition of Precise, Ratner served as Senior Vice President for Integration at VERITAS. Aki joined the Advisory Board of Xenia close to its inception in 2003.

“DCF possesses outstanding technology and a skilled and dedicated team,” said Aki Ratner. “The new funding will enable the Company to continue its development of the SafePeak solution, and to begin its initial launch to the international markets in early 2010.”


www.dcftech.com

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