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Re: Craig2309 post# 20188

Monday, 11/25/2013 6:36:04 PM

Monday, November 25, 2013 6:36:04 PM

Post# of 20441
This is from the press release where 4 Js bought the ADS.

"As part of the multi-million dollar agreement, employees working on the ADS will join Four Js and current ADS customers will receive support from Four Js. Under the terms of the purchase, ANTs retains fifty percent of license and maintenance revenue from its reseller agreement with IBM® to supply the US Navy DDG1000 Destroyer program for a period of four years. ANTs will also retain unrestricted license rights to key ADS technologies that are utilized in the ANTs Compatibility Server."

If things went as planned, 4 Js no longer owns the ADS. Ants does.

During his tenure Frank also mentioned this agreement several times, but that was long before the press release stating Ants had bought back the ADS.

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