724 Solutions Extends Mobile Alerts With Confirmed Worldwide Delivery.Business Editors & High-Tech Writers TORONTO & AUSTIN, Texas--(BUSINESS WIRE)--July 23, 2001 Alliances with MobileSys and MobileWay Extend 724 Solutions' Notification Technology With Direct Carrier Connections Worldwide 724 Solutions Inc. (Nasdaq:SVNX) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ) today introduced a global, end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. notification solution -- Message Service -- that provides confirmed delivery and receipt of wireless alerts to users around the globe. The service is a result of a strategic relationship formed between 724 Solutions and MobileSys, a global wireless infrastructure service provider that provides a link between enterprise applications and carriers, and MobileWay, a provider of global wireless access and content distribution over mobile phones. By leveraging MobileSys and MobileWay's direct carrier connections, 724 Solutions' Message Service provides immediate access to more than 90 percent of carriers worldwide. As a result, businesses can exploit 724 Solutions' notification technology to ensure the timely delivery of both one- and two-way messages, a critical piece in the mobile transactions value chain. This marks the first full package of notification services that offers flexible implementation options for customers -- who can choose between an on-site installation, a 724 Solutions-hosted service, or a combination of both -- and that provides confirmed delivery of alerts from the enterprise directly to the consumer via a mobile device, a feature that has become increasingly critical for financial, commerce and other mission-critical wireless applications. "724 Solutions' Message Service delivers the total notification package -- from the creation of a message and its delivery, to a return alert verifying ver·i·fy tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies 1. To prove the truth of by presentation of evidence or testimony; substantiate. 2. that the message was received. With time-sensitive information, quick, global end-to-end delivery is critical," said John Sims John Sims (1749–1831) was a taxonomist who classified various species of plants. He was the first editor of The Botanical Magazine after the founder, William Curtis.[1] References 1. ^ John Sims, 1749–1831. Darwin Project. , Chief Executive Officer, 724 Solutions. "Through alliances with MobileSys and MobileWay, our Message Service can reach end-users around the world, and saves our customer the challenge of building individual relationships with the carriers themselves." The Message Service solution addresses the need to provide personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. notification services and the ability for consumers to immediately act upon that notification using two-way messaging, particularly where financial transactions are involved. Businesses further benefit from the 724 Solutions Message Service because it provides a single point of entry to carrier networks worldwide for the distribution and dissemination dissemination Medtalk The spread of a pernicious process–eg, CA, acute infection Oncology Metastasis, see there of their one- and two-way messages. This lets them avoid the time-consuming and costly effort of securing direct relationships with each carrier. By offering this critical, single link to carrier connectivity worldwide, 724 Solutions is helping set the standard for providing quick, easy and reliable connections for wireless messaging capabilities. 724 Solutions' Message Service comprises three products, each of which plays a specific role in the delivery of notifications: -- The 724 Solutions Alerts Platform offers an internally based, personalized alerts service for customers, suppliers and employees worldwide. This allows organizations to securely manage the content and delivery of alerts that contain time-sensitive information; -- The 724 Solutions Notification Engine provides a single queue that allows a user or administrator to monitor the status of alerts delivered to the 724 Solutions Message Center, pager networks and e-mail channels. It also enables a customer to connect directly to a carrier short message service center (SMSC) or pager network in cases where most alerts are delivered through a single carrier; -- The 724 Solutions Message Center takes alerts generated by applications at a customer site and routes them to MobileSys or MobileWay for quick delivery to the carrier from a secure hosted environment. 724 Solutions then monitors the quality of service and routes responses and message confirmations back to the enterprise. In keeping with 724 Solutions' belief in creating modular solutions with open architecture for easy integration between the various components of its product suite, Message Service's parts can be used individually or in combination -- allowing customers to deploy the portions that are immediately critical to their business needs. "By bringing together MobileSys' expansive carrier connections with 724 Solutions' powerful mobile transaction capabilities, we are delivering a truly world-class alert solution that gives users the assurance their mobile information is timely," said David Coelho, MobileSys Founder, President and Chief Executive Officer. "The strategic relationship between 724 Solutions and MobileWay combines the unique strengths of our two companies and will result in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and mobile commerce applications that facilitate mobile transactions, providing heightened value for 724 Solutions' customers," said Patrice Peyret, Chief Executive Officer, MobileWay. About MobileSys Headquartered in Mountain View, Calif., with offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia, MobileSys is the leading global wireless infrastructure service provider for enterprise and eBusiness organizations. The MobileSys solutions enable secure, guaranteed delivery of data worldwide from business applications to global carriers and to a variety of wireless devices such as digital phones, personal digital assistants (PDAs) and pagers. MobileSys has over 700 customers worldwide including Cisco, Citibank, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Ericsson, The Ford Motor Company, Hewlett-Packard, Intel, Johnson and Johnson, LSI LSI: see integrated circuit. (Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI. Logic, Motorola, Oracle, Qualcomm, Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. , Sun and more. For more information, visit www.mobilesys.com. About MobileWay, Inc. MobileWay, a global company with presence in Asia, Europe and the US, is a leading facilitator of data and money flows in the wireless space. The company's network hub See hub and hub vs. switch. and value-added wireless services are designed to enable network operators and e-businesses to bring exciting, customized and secure services to mobile consumers. MobileWay offers wireless data services such as ringtones, logos, text messages and m-commerce solutions. These make it possible for consumers to experience personalized content and securely conduct m-commerce payment transactions. MobileWay brings to network operators and e-businesses new forms of wireless interactivity and revenue-generating services. MobileWay has operational headquarters in Paris, France. The company can be reached on the Web at www.mobileway.com. About 724 Solutions Inc. 724 Solutions Inc. is a leading global provider of Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the infrastructure software that enables the delivery of secure financial services applications and mobile transaction solutions across a wide range of Internet-enabled devices. The 724 Solutions suite of products and services enables companies to realize value through the mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. by building, deploying, and integrating personalized and secure mobile commerce and lifestyle applications. With dual headquarters in Toronto, Canada, and Austin, Texas, the company has development and sales offices around the world. 724 Solutions' common shares are listed on the NASDAQ National Market (SVNX) and The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (SVN). For additional information visit www.724.com. This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements include the statements herein regarding: the services and features that will be offered by 724 Solutions, MobileSys and MobileWay, the benefits that customers and consumers will obtain through these services, and future demand for these services. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including the risk that 724 Solutions, MobileSys and MobileWay will be unable to deploy services stated therein, the risk that the demand for the services to be offered will not increase as presently anticipated, and other risks described in 724 Solutions' SEC filings, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . These risks are also described in 724 Solutions' filings with the Canadian Securities Administrators Canadian Securities Administrators(CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets. , including its prospectuses, material change reports, Annual Information Form and Management Information Circular Information Circular A document sent to shareholders outlining important matters to be discussed at the annual shareholders' meeting. Notes: Sent along with a proxy, the information circular may cover matters such as the election of the Board of Directors, possible . 724 Solutions does not undertake any obligation to update this forward-looking information, except as required under applicable law. Editors Note: The product name "Message Service" is italicized. It was changed for transmission purposes only. |
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