TigerLogic Clarifies MDMS Assets Being Divested to Rocket Software

As announced on October 16, 2013, TigerLogic Corporation

signed a definitive agreement to divest its Multidimensional Database Management Systems ("MDMS") business to Rocket Software, Inc. ("Rocket Software") for gross proceeds of approximately $22 million in cash. The sale is expected to close within the fourth calendar quarter of 2013, and is subject to satisfaction of customary closing conditions. To clarify, the MDMS assets being divested include D3, mvBase, mvEnterprise and the Pick connectivity products.