Aether Systems Chosen by Juniper Financial To Wirelessly Enable New Financial Banking Services.Business Editors/Hi-Tech Writers OWINGS MILLS, Md.--(BUSINESS WIRE)--Sept. 26, 2000 Aether aether: see ether, in physics and astronomy. Aether god of whole atmosphere. [Gk. Myth.: Jobes, 42] See : Air to Develop Front End for Juniper's Wireless Offerings Aether Systems, Inc. (Nasdaq: AETH), a leading provider of wireless data products and services, announced today that it has been selected by the online consumer 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. venture, Juniper Financial, to develop and enable the wireless component of Juniper's service offering. Under the terms of the deal, Aether will develop the wireless front end to Juniper's banking services, which will be available on a variety of platforms including web-enabled phones, RIM and Palm devices. Aether will develop a browser-based custom application to support the wireless banking service, which will be offered as a free value-added feature to Juniper's customers. These users will be able to use their handheld wireless devices to access account balances, move money between accounts, pay bills, and communicate with customer support. Juniper Financial (www.juniper.com) is the consumer financial services venture founded by credit card and banking executives Richard Vague and Jim Stewart Jim Stewart might refer to:
A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and technology companies. "This agreement with Juniper not only strengthens Aether's mission to provide the best available wireless financial applications, it also allows us to leverage our expertise and leadership in moving strongly into the online banking market," said Aether Chairman and CEO David S. Oros. "This is a very exciting agreement for Aether, and we're thrilled Juniper chose us to deliver the backbone of its wireless online banking service." Wireless transactions will be securely routed from the user's handheld device through the Aether Network Operations Center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. , and then forwarded to Juniper through an encrypted connection, allowing for seamless end-to-end security for all user transactions. "Partnering with Aether will allow us to offer industry leading wireless capabilities to our customers," said Richard Vague, CEO of Juniper Financial. "Our relationship with Aether will help us to further redefine online banking while pushing the envelope in the m-commerce marketplace in general." One factor in Juniper's decision to work with Aether to develop its wireless offering was Aether's reputation for speed-to-market delivery. Aether was able to develop the necessary infrastructure to support Juniper's service in less than three months. About Aether Systems Aether Systems, Inc. is a leading provider of wireless and mobile data products and services allowing real-time communications and transactions across a full range of devices and networks. Using its engineering expertise, the ScoutWare(TM) family of products including the Aether Intelligent Messaging An earlier messaging system from Banyan Systems that ran on NetWare and VINES servers and incorporated Banyan's popular Streettalk directory service. It included a basic mail program, which could be upgraded to the more advanced BeyondMail system. See ePresence. (AIM) software platform, and its network operations and customer care center, Aether seeks to provide comprehensive, technology-independent wireless and mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings solutions. Aether develops and delivers wireless data services across a variety of industries and market segments 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 internationally. For more information, please visit www.aethersystems.com About Juniper Financial Juniper Financial was founded with funding from Benchmark Capital Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups, including eBay. In 1995, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999 and resulted in one of Silicon in January, 2000 by Richard Vague, co-founder of First USA, the largest Visa credit card issuer in the world; and Jim Stewart, former CEO of Wingspan Bank. Using wireless, internet and other breakthrough features, Juniper Financial seeks to bring unprecedented convenience and time savings to its customers day-to-day financial lives, especially with unique credit card, checking and bill paying services. Privately held, Juniper Financial is based in Wilmington, Delaware Wilmington is the largest city in the state of Delaware and is located at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. . Additional information about the company and employment opportunities can be found online at www.juniper.com or send email to questions@juniperfinancial.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. based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks, uncertainties and assumptions about Aether that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the ability of Aether and Juniper Financial to successfully develop the services described in this press release and the marketplace acceptance of such services. These risks and other risk factors are described in Aether's 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. with respect to the fiscal year ending December 31, 1999 and other documents filed with the Securities and Exchange Commission. Aether undertakes no obligation to update the forward-looking statements contained in this press release. |
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