On Friday, SAND Technology Inc. reported net income for the three months ended January 31, 2011 at $135,742 on revenues of $2,443,712. This is in comparison to a net loss of $27,951 on revenues of $1,924,251 for the three months ended January 31, 2010. SAND Technology Inc. is an international provider of data management software and best practices.

SAND reported income from operations, before foreign exchange and interest, for the three months ended January 31, 2011 at $194,631. This is in comparison to income from operations, before foreign exchange and interest, for the three months ended January 31, 2010 of $123,411.

They reported net income for the six months ended January 31, 2011 at $101,007 on revenues of $4,412,491 compared to net income of $403,339 on revenues of $4,409,716 for the six months ended January 31, 2010.

SAND Technology Inc. reported income from operations, before foreign exchange and interest, for the six months ended January 31, 2011 at $305,929. This is in comparison with income from operations, before foreign exchange and interest, for the three months ended January 31, 2010 of $640,763.

Cash flows used in Operating Activities for the three months ended January 31, 2011 were $746,466, compared to cash flows used in Operating Activities for the three months ended January 31, 2010 of $490,036. Cash flows used in Operating Activities for the six months ended January 31, 2011 were $771,932 compared to cash flows used in Operating Activities for the six months ended January 31, 2010 of $702,029. All figures indicated are in Canadian dollars.

Thomas M. O’Donnell, SAND Technology Inc.’s President and Chief Executive Officer, stated, “SAND’s determination and focus in this market are showing positive results. We have seen a lot of activity in the space of just the last quarter, which has validated our revised approach to this market. We turned over the entire sales and marketing team in the last 12 months and it is evident from these results it was the right decision.”

He further stated, “Our technology has been tested and proven in a very competitive marketplace populated by a number of new entrants. When customers want industrial-strength analytic database software for extreme data environments they call SAND.”

With offices in Canada, the United States, the United Kingdom, Central Europe, and Australia, SAND Technology Inc. provides advanced analytics database software for analyzing large amounts of extreme data on-demand while lowering TCO, leveraging existing infrastructure, and improving operational performance.

The Company’s software drives solutions for CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors. SAND Technology Inc. has achieved “Certified for SAP NetWeaver” status. SAND Nearline Integration Controller has achieved “Powered by SAP NetWeaver” status.