ADS Named Systems Integrator for Brokat Financial Systems' E-Banking, E-Brokerage and E-Payment Solutions.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers ATLANTA and QUINCY, Mass.--(BUSINESS WIRE)--Jan. 7, 2000 Alliance Offers Expedient ex·pe·di·ent adj. 1. Appropriate to a purpose. 2. a. Serving to promote one's interest: was merciful only when mercy was expedient. b. E-Services Implementations for 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. Industry Atlanta-based BROKAT Financial Systems, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of BROKAT Infosystems AG, one of the world's leading providers of secure e-banking and e-business software solutions, has named Quincy, Mass.-based Atlantic Data Services, Inc. ("ADS") (Nasdaq:ADSC ADSC Adobe Document Structuring Conventions ADSC Active Duty Service Commitment ADSC Address Status Changed ADSC Army Development and Selection Centre (UK MoD) ADSC Automatic Data Service Center ) a preferred provider of systems integration services. This alliance will enhance financial institutions' abilities to quickly deploy BROKAT's secure e-services solutions such as e-banking, e-brokerage and e-payment. The combination of ADS' industry expertise and implementation skills and BROKAT's proven technology provide complete business solutions to financial services clients. BROKAT will continue to focus on developing, marketing and supporting leading e-business software products and services, while ADS will provide solutions delivery and systems integration for financial institutions utilizing BROKAT solutions. "ADS has an impressive 20-year track record in the financial services industry of completing projects on time and with desired results," said Rick Wilson This article is about the former ice hockey player. For the NASCAR driver, see Rick Wilson (NASCAR). Rick Wilson (b. 1950, Prince Albert, Saskatchewan, Canada) is a retired professional hockey defenceman and head coach. , general manager for BROKAT Financial Systems. "The company's ability to marry old-world legacy systems and data with new-world Web systems also makes them an ideal partner." Bill Gallagher, president & COO (Cell Of Origin) See mobile positioning. of Atlantic Data Services said, "BROKAT's e-services platform and products offer our financial services clients much needed flexibility and seamless compatibility with legacy systems and data. BROKAT's Twister(tm) platform offers strong encryption An encryption method that uses a very large number as its cryptographic key. The larger the key, the longer it takes to unlawfully break the code. Today, 256 bits is considered strong encryption. As computers become faster, the length of the key must be increased. and virtually unlimited scalability. We are looking forward to working with our clients to integrate BROKAT's dynamic platform and products." About BROKAT Financial Systems and BROKAT Infosystems AG Atlanta-based BROKAT Financial Systems is a wholly owned subsidiary of BROKAT Infosystems AG (www.brokat.com), one of the world's leading suppliers 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 banking applications. Supporting financial institutions of all sizes 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. , BROKAT Financial Systems provides a comprehensive array of secure, electronic banking and financial services solutions on a single electronic delivery platform. Based on the company's Twister e-services platform, BROKAT Financial Systems' products and services enable banks to expand their product offerings while minimizing integration, maintenance and support requirements. BROKAT Infosystems AG is a leading supplier of software that permits business transactions to be conducted easily and securely, anytime, anywhere through electronic channels. BROKAT's e-services platform Twister provides an open and secure CORBA-based infrastructure optimized for rapid development, software re-use, and electronic delivery of business services. Twister is used by more than 2000 institutions worldwide to provide e-banking, e-brokerage, e-insurance, and other e-services over electronic channels. BROKAT provides complete solutions through its strong partner network, and a full range of services including consulting, training and support. Founded in 1994, BROKAT Infosystems AG is headquartered in Stuttgart, Germany, with satellite offices around the globe. For more information about BROKAT Financial Systems, visit www.BROKATfs.com or call 1-888-8BROKAT. The BROKAT Infosystems AG Web site is available at www.BROKAT.com. About Atlantic Data Services, Inc. Founded in 1980, ADS, based in Quincy, Mass., provides information technology strategy consulting and systems integration services to customers exclusively in the financial services industry. ADS offers rapid, cost effective IT solutions to the business challenges faced by financial services companies through its in-depth financial services experience, technological expertise and project management skills. The company's service offerings are organized around three areas: IT Strategy Consulting, Consolidations and Conversions, and Electronic Commerce and Internet Banking. For additional information on ADS contact Mary Newell at 617/770-3333 ext. 4110, e-mail mary.newell@adsi-net.com, or write One Batterymarch Park, Quincy, MA 02169. Visit its Internet site at www.atlanticdataservices.com. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which are made pursuant to the safe-harbor of the 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. You can identify these forward-looking statements when you see us using words such as "expect," "anticipate," "looking forward to," "believe," "intend," "may," "predict," and other similar expressions. These forward-looking statements cover, among other items: events, conditions and financial trends that may affect our future plans of operation, business strategy, growth of operations and financial position, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc working with our customers to integrate BROKAT's dynamic platform and products. Any forward-looking statements are not guarantees of future performance and are necessarily subject to a number of risks and uncertainties, some of which are beyond our control. Actual results could differ materially from those anticipated and the forward-looking events discussed in this press release might not transpire. BROKAT, BROKAT Financial Systems and Twister are trademarks of BROKAT Infosystems, AG in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. |
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