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Compaq and Corillian Announce Financial Services Reseller Agreement.


Business Editors/Technology Writers

SAO Sa´o

n. 1. (Zool.) Any marine annelid of the genus Hyalinæcia, especially H. tubicola of Europe, which inhabits a transparent movable tube resembling a quill in color and texture.
 PAULO, Brazil--(BUSINESS WIRE)--June 20, 2001

Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
 (NYSE NYSE

See: New York Stock Exchange
:CPQ CPQ Compaq
CPQ Conseil du Patronat du Québec (Canada)
CPQ Configure-Price-Quote
CPQ Conseil de Presse du Québec (Québec Press Council, Canada)
CPQ Companion Parrot Quarterly
) and Corillian Corp. (Nasdaq:CORI), a leading global provider of eFinance solutions, today announced at the CIAB CIAB Council of Insurance Agents & Brokers
CIAB Coal Industry Advisory Board (International Energy Agency
CIAB Community In A Box (online communications platform)
CIAB Consorzio Italiano Arredobagno
 -- Febraban 2001 show the signing of a 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.
 reseller agreement to provide financial institutions in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies.  with robust and innovative Internet-based banking services.

Compaq will market, resell and implement Corillian's Voyager Internet banking solution to financial institutions looking to provide Internet banking services to their customers. Through Corillian's Voyager, consumers have real-time access to their financial accounts to conduct various banking transactions and manage their financial history. This agreement extends Corillian's presence in the Latin American market and expands on the previous partner relationship between the two companies -- Compaq is a certified integrator of Voyager and Corillian is a certified Compaq solution partner.

"More and more financial institutions are looking to take advantage of the Internet as a strategic delivery channel," said Enrique Godoy, director, financial services industry solutions, of Compaq Latin America. "Through this relationship with Corillian and our extensive reach in Latin America and other regions, financial institutions now have a true end-to-end Internet banking solution."

Corillian Voyager -- The 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.
 for eFinance(TM) -- is a high-performance platform that allows for the delivery of financial services to customers over the Internet by providing a link between a financial institution's legacy host system and its consumers, using Internet browsers, personal financial management programs and Internet-ready wireless devices. Voyager's open architecture design allows the institution to quickly integrate emerging technologies, deploy the platform in-house or in a secure data center, and customize the entire Internet banking presentation to its customers.

"This new agreement with Compaq is a significant step in the international expansion of Voyager as a product and Corillian as a company," said Ted Spooner This biographical article or section is written like a resume.
Please help [ improve this article] by revising it to be and encyclopedic.
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Corillian. "We are excited about the opportunities in Latin America and other regions of the world that this agreement offers. Also, with a partner like Compaq that not only knows the market well, but already has vast knowledge of our product, we are able to provide the kind of industry expertise and knowledge that financial institutions are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 in a solution provider."

About Compaq

Compaq Computer Corporation, a Fortune Global 100 company, is a leading global provider of technology and solutions. Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop and portable products, and consumer PCs that are sold in more than 200 countries. Compaq is a leading company in Latin America. Within this market, its products are offered with a direct buying option in its e-stores, call centers and through distribution channels. Information on Compaq and its products and services is available at www.compaq.com.

About Corillian Corporation

Based in Oregon, and with international offices in Europe, Asia and Australia, Corillian Corporation is an award-winning provider of eFinance-enabling software for the financial services industry. Built on the Microsoft Windows 2000 platform, Corillian applications support Internet banking, bill delivery and payment, brokerage, customer relationship management, enhanced data aggregation, and small business transactions. Voyager can be deployed on-site at the financial firm or in the state-of-the-art Corillian Data Center. Corillian technology also enables Open Financial Exchange (OFX OFX Open Financial Exchange
OFX Outer Fix
OFX Open Effects
) access by finance management software packages such as Quicken(R), QuickBooks(R) and Microsoft(R) Money. For more information about Corillian Corporation, visit our Web site at www.corillian.com.

Matters discussed in this release may include forward-looking statements that involve risks and uncertainties, and actual results may be materially different. For example, statements regarding the potential for additional sales of Corillian Voyager in Latin America or other regions as a result of the Compaq and Corillian relationship are forward-looking. Factors that could cause actual results to differ include the risk that Corillian's solutions do not gain market acceptance in Latin America or other regions of the world, that Corillian faces pricing pressure in winning deals in Latin America and other regions of the world and, that Compaq is not successful in marketing or implementing Corillian Voyager. Other risks include those stated in Corillian's reports and other documents filed from time to time with the Securities and Exchange Commission including its report on Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended March 31, 2001.

www.businesswire.com/ipo/cori.shtml
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 2001
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