HAMBURG, Germany and REDWOOD CITY, Calif., Jan. 21, 2008 (PRIME NEWSWIRE) -- Versant Corporation (Nasdaq:VSNT), an industry leader in specialized data management software with its European Headquarters in Hamburg, Germany and Hamburg University are pleased to announce the initial awarding of the "Versant Advanced Database Scholarship." The recipient of the scholarship will receive 800 EUR per month and payment of tuition fees by Versant for a two year period. Based upon outstanding performance in the topic of "Database technology for complex information systems," Versant and Hamburg University have jointly awarded the scholarship to Mr. Yaniv Schwerin.
The public award ceremony for the Versant Scholarship will be held in the main building of Hamburg University on January 22, 2008 at 3:00 PM local time and hosted by Prof. Dr. Holger Fischer, Vice President Study and Science at Hamburg University, and Jochen Witte, CEO of Versant.
"I greatly appreciate Versant's scholarship program, and I thank Versant for their commitment to the program. Such programs provide additional initiative for our students to perform their studies in a timely and successful manner. I would be pleased to see other companies follow suit, as supporting talented students is a very promising investment into the future," says Professor Dr. Holger Fischer, Vice President Study and Science at Hamburg University.
"As we wish to help create a higher level of expertise within the database technology arena, I'm delighted to have Mr. Yaniv Schwerin, who has demonstrated outstanding talent, as our initial scholarship recipient. Furthermore, this scholarship provides a good foundation to help create in-depth dialog between research and business," says Jochen Witte, CEO of Versant.
The "Versant Advanced Database Scholarship" will next be available with the upcoming winter semester. In order to be eligible for the scholarship, candidates must be matriculated in the Masters Degree in Computer Sciences at Hamburg University and specializing in Databases / Distributed Information Systems, and will be required to obtain a letter of recommendation from the Commissioner of the Computer Science Department, Professor Dr. Norbert Ritter. Versant, in collaboration with Hamburg University, will ultimately award the scholarship to a worthy student. For the winter semester 2008/2009, applications must be submitted no later than July 15, 2008.
For more Information about Hamburg University, Computer Science Department, visit http://www.informatik.uni-hamburg.de/
About Versant
Versant Corporation (Nasdaq:VSNT) is an industry leader in specialized data management software, which helps companies to handle complex information in environments that have high performance and high availability requirements. Using the Versant Object Database, customers cut hardware costs, speed and simplify development, significantly reduce administration costs, and deliver products with a strong competitive edge. Versant's solution is deployed in a wide array of industries including telecommunications, financial services, technology, transportation, manufacturing and defense. With over 50,000 installations, Versant has been a highly reliable partner for over 15 years for Global 2000 companies such as Ericsson, Verizon, Sagem, U.S. Government and Financial Times. For more information, call +1 650-232-2400 or visit www.versant.com.