Atlantic Data Services Partners with Corillian as Systems Integrator to Implement Voyager Internet-Based Banking, Bill Payment and Bill Presentment Platform.QUINCY, Mass.--(BUSINESS WIRE)--Jan. 19, 1999--Atlantic Data Services, Inc. ("ADS") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 leading provider of IT strategy consulting and systems integration services to financial institutions, today announced its alliance with Corillian Corporation, a leading provider of Internet banking solutions. ADS will provide systems integration and customization services for the implementation of Corillian's Voyager system. Corillian's Voyager platform offers banks and financial institutions a flexible platform for Internet banking. It is designed for the financial institution requiring a middleware server that translates messages between a collection of separate processing systems and front-end client software applications over the Internet. This partnership allows Corillian to take advantage of the explosive market for Internet Banking solutions by extending Corillian's implementation capabilities while maintaining a consistently high level of customer support. "In the very near future, a financial institution's retail delivery strategy will not exist without a reliable Internet solution. An alliance with Corillian augments our ability to provide our customers with full-service consulting and execution of an electronic commerce strategy," comments Robert Howe There have been several people named Robert Howe:
"Atlantic Data Services' 19 years of experience in IT systems integration for financial institutions uniquely positions their support of Corillian's Voyager platform," states Kirk Wright, President of Corillian. "ADS brings a specialized knowledge of managing complex integration projects to the Corillian product implementation." The Voyager platform is a high performance middleware server built on the Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. that is designed to handle Internet delivered core banking, bill payment, brokerage, and bill presentment See EBPP. transactions. The Voyager platform provides a link between financial institutions' legacy host systems and customers using OFX-enabled personal financial management software and browser-based (HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. ) financial interfaces. About Corillian Corporation Based in Beaverton, Oregon Beaverton is a city in Washington County, Oregon, United States, seven miles west of Portland in the Tualatin River Valley. As of May 2006, its population is estimated to be 84,270,[1] 9.1% more than the 2000 census figure of 76,129. , Corillian is the leading provider of end-to-end Internet banking solutions enabling financial institutions to deliver services on-line. The Voyager platform is built on the Windows NT operating system and uses the latest Microsoft communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry , Distributed COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. (DCOM (Distributed Component Object Model) Formerly Network OLE, it is Microsoft's technology for distributed objects. DCOM is based on COM, Microsoft's component software architecture, which defines the object interfaces. ). Voyager server applications support core banking and bill payment transactions. Future applications will support brokerage, bill presentment, small business and cash management transactions. Voyager handles transactions for Corillian's customizable browser-based (HTML) financial interface, Corillian's MoneyPAD(tm) Personal Finance Appliance (PFA PFA Pacific Film Archive PFA Professional Footballers Association PFA Paraformaldehyde PFA Predictive Failure Analysis PFA Perfluoroalkoxy PFA Protection From Abuse PFA Parent-Faculty Association PFA Popular Flying Association ), and OFX-enabled personal financial managers like Quicken(R) and Microsoft(R) Money. About Atlantic Data Services, Inc. ADS, based in Quincy, MA, provides information technology strategy consulting and systems integration services to customers exclusively in the financial services industry. Employing more than 350 employees across the United States, 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 five areas: IT Strategy Consulting, Consolidations and Conversions, Year 2000 Resolution, Application Outsourcing, and Electronic Commerce. Corillian Contact: Denise Montoya, 503.627.0729, denisem@corillian.com, 3601 SW Murray Blvd.,Suite 300, Beaverton, OR 97005, http://www.corillian.com. ADS Contact: Kim Freedman, 617.770.3333 ext. 4135, kim.freedman@adsi-net.com, One Batterymarch Park, Quincy, MA 02169, http://www.atlanticdataservices.com. Forward-looking statements and contents in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements relating to, among other things, events, conditions and financial trends that may effect Atlantic Data Services, Inc.'s (the "Company") future plans of operations, business strategy, growth of operations and financial position are not guarantees of future performance and are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. Factors that might cause such risks and uncertainties are set forth under "Risk Factors" in the Company's Registration Statement on Form S-1, as amended, as filed with the Securities and Exchange Commission and declared effective on May 21, 1998. |
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