Leading Insurance Company Utilizes Versant's ODBMS To Drive Advanced Executive Reporting and Analysis Application

German Branch of Allianz Group Relies on ODBMS To Handle 40 GB of Complex Data

     FREMONT, CA, April 2 Versant Corporation, a leading provider of middleware 
infrastructure technology, announced today that a major German division of 
global insurance company Allianz Group is using Versant's Object Data Management 
System (ODBMS) to simplify administration and speed access to a key 40-gigabyte 
reporting and analysis application used by 350 executives and managers.
    Allianz Sachgruppe Deutschland, a provider of damage and accident
insurance, has relied on Versant's ODBMS since 1999 for efficient end-to-end
object development, database administration, change management and data access
for its Profit and Loss Application.  The program provides integrated
aggregations and views of business activity from thousands of agents
throughout the division, enabling users to make faster and more informed
decisions to maximize the performance of Allianz profit centers.
    "Versant's object-based technology plays an important role in enabling us
to handle complex planning and simulations that go far beyond the analytic
capabilities of traditional business intelligence solutions," said Matthias
Dolderer, Applications and Systems Manager, Allianz Analysis Division.  "With
the ability to dynamically manage objects, the sheer speed of data retrieval
and processing, and all the other benefits of Versant's methodology, we are
able to perform extremely sophisticated data management and manipulation
significantly faster and more efficiently than we could with a relational
database."
    "Given the exceptionally complex nature of their application and the size
of their database, Allianz is a clear example of a company that needs the
flexibility, scalability and performance advantages as well as the
sophisticated query capabilities of an advanced object data management
system," said Adrian Jones, Vice President, European Operations for Versant
Corporation.  "Their successful two-year experience with our object DBMS is a
powerful endorsement of our technology."
    Versant's ODBMS is the industry's only truly scalable, enterprise-capable
object data management system.  Used by more than 650 companies around the
globe, it provides a powerful and flexible server-side query engine that
supports a wide variety of query and index types, including multi-attribute,
case-insensitive and local-specific queries for international character sets.
It maximizes performance through multi-threading and multi-session
capabilities, direct object-to-object navigation of persistent objects, and a
highly scalable dual-cache transaction management system that ensures fast
access to stored objects.

    About Allianz Group
    The Allianz Group ranks among the world's leading providers of financial
services, focusing on property-casualty insurance, life and health insurance,
and asset management.  Founded in Berlin in 1890 and now headquartered in
Munich, the company now has 117,000 employees and a presence in 77 countries.
It holds the number one position worldwide based on gross premiums written and
is number two in market capitalization.  The company is traded on the
Frankfurt, London, Paris, Zurich and New York stock exchanges.  Its NYSE
ticker symbol is AZ.

    About Versant Corporation
    Versant Corporation has led the industry in highly
scalable, reliable object management solutions for complex enterprise-level
systems since its founding in 1988. The company's Object Data Management
System (ODBMS) serves as the core database for fraud detection, yield
management, real-time data collection and analysis, operation support systems
(OSS) and other large-scale applications in the telecommunications, financial
services, transportation and defense industries.  Versant enJin and Versant
Developer Suite, based on the same proven technology and seamless object
persistence, help accelerate both the development cycle and the transaction
speed for e-business and Internet infrastructures.  For more information, call
510-789-1500 or visit http://www.versant.com .

    This news release contains forward-looking statements, including
statements about the performance of Versant software and specific partner and
customer relationships.  Investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties.  Actual events or results may differ materially from those
discussed in the forward-looking statements as a result of various factors.
These factors include, among other things, continued relationship with Allianz
and use of Versant software in their applications.  This and other related
risks are described in more detail in the Company's filings with the
Securities and Exchange Commission, including the Company's most recent
Reports on Form 10-K and 10-Q made with the Securities and Exchange
Commission.  The forward-looking statements included in this press release are
made only as of the date of this press release, and the Company has no
obligation to publicly update these forward-looking statements to reflect
subsequent events or circumstances.

    Versant and Versant ODBMS are trademarks of Versant Corporation. All other
company names and product names are trademarks of the individual companies.