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RUMORS OF UNISQL’S DEMISE GREATLY EXAGGERATED, SAYS CEO

Object relational pioneer UniSQL Inc, of Austin, Texas hasn’t been heard from in quite a while. Rumors have been circulating that the company – founded in 1990 by Dr Won Kim – is on the verge of closing down and that Kim, the chief technology officer, has left the company. It’s no help that the company’s website hasn’t got any company news posted that is more recent than November of last year – about that same time that UniSQL secured $12m in venture capital and appointed an interim CEO and CFO from the Zebulon Group, a corporate development firm. But after weeks of trying to elicit a response from UniSQL, CEO Larry Ingwersen has assured us that the company has not gone the way of the brontosaurus and the Soviet Union. Ingwersen explains that the company is avoiding the press because it is in a strategic planning phase. UniSQL plans to announce a new positioning that will better support its customer base in two or three months. The planning in question is being done in conjunction with the company’s customers. Concerning the quiet period, Ingwersen says he only regrets that the lack of official announcements has spawned such a flow of speculation and erroneous reports.

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CBR Staff Writer

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