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Curl Corporation and adisoft AG Enter Into Agreement to Support 500,000 European Online Banking Customers; adisoft AG to Develop Future Online Banking Software in Curl.


Business/Technology Editors

CAMBRIDGE, Mass./KARLSRUHE, Germany--(BUSINESS WIRE)--Aug. 2, 2001

Curl Corporation, a developer of Internet infrastructure software, and adisoft AG, a leading German provider of online home banking software, today announced a broad strategic alliance which includes upgrading 500,000 users of adisoft AG's online home banking application to the Curl(TM) Content Language.

Curl and adisoft AG have also committed to developing future online banking applications in the Curl Content Language as well as to jointly introduce adisoft AG's revolutionary MobileManager mobile data transmission product that uses adisoft AG's patent-pending radio wave protocol in the U.S. In addition, adisoft AG will create a call center desk to support the Curl Content Language on behalf of Curl Content Language adopters in Germany, Austria and Switzerland. The alliance is expected to result in incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 revenues to both companies of approximately US $10 million annually.

By using the Curl Content Language to develop future software products, adisoft AG will provide faster, more frequent and more flexible customization of its online banking products and services to each of its banking customers while significantly reducing deployment and upgrade costs. To date, adisoft AG has delivered more than 1,000,000 copies of online software products to end-user customers served by more than 3,400 banking institutions it supports in Germany.

"Over the past decade, adisoft has earned its dominant market position by employing innovative technologies to our customers' needs. We continue to be committed to using advanced technologies that enable our customers to deliver value-add services to their own end-user customers," said Karl Schlagenhauf, 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 adisoft AG. "adisoft AG is pleased to be the first in our market to exploit Curl's revolutionary Internet software technology to help banking institutions maintain their competitive advantage while gaining an experienced marketer of software infrastructure technology 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.  for our MobileManager product line."

The groundbreaking Curl Content Language combines text formatting, scripting, rich 2-D and 3-D graphics, and a full object-oriented programming object-oriented programming, a modular approach to computer program (software) design. Each module, or object, combines data and procedures (sequences of instructions) that act on the data; in traditional, or procedural, programming the data are separated from the  environment in a single platform.

Robert A. Young Robert A. Young III (November 27, 1923 – October 17, 2007) was a Democratic politician from the state of Missouri who served five terms in the US House of Representatives. , chairman and CEO of Curl, said: "adisoft AG has established a reputation for providing leading-edge software products to the 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. With the Curl technology, adisoft AG has the power to develop products for this market with greater usability and data visualization See information visualization. . Curl's complete Web software environment offers adisoft AG the ability to change applications dynamically on the fly, and deliver an unprecedented level of rich, interactive functionality."

Robert Young Robert Young or Bob Young may refer to several different people:
  • Robert J Young (historian)
  • Robert A. Young III (1927–2007), Member of the US House of Representatives (1977–1987)
 added further that "adisoft is renowned in Germany for its high-level of customer support. We welcome adisoft AG's application of such award winning customer support to Curl's products and technologies in Germany."

adisoft AG's decision to partner with Curl in both Europe and the U.S. reflects Curl's unique leadership position in providing advanced technology to markets that demand rich, fast, highly interactive Web applications.

About adisoft AG

adisoft AG is a leading software company in the areas of online banking, brokerage and payment systems, and mobile data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . adisoft AG customers include financial service providers and other companies that need secure, rapid and cost-optimized data communications. With its patent-pending 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
 and the use of the latest development tools, adisoft AG sets new standards for the design of e-business solutions. adisoft AG products are used in the financial domain by computer centers, banks and savings banks. In the communications sector, the company's customers include leading insurance companies, public administration offices, telephone companies and Internet service providers Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
. For more information visit www.adisoft.de.

About Curl Corporation

Curl Corporation enables Web content providers, creators of e-commerce sites and programmers to develop and deploy next-generation Web pages and applications by providing full application-level functionality and a substantially richer, more interactive user experience. Curl's client-side processing capability significantly boosts performance and dramatically improves the online experience for conducting business, supporting e-commerce and enhancing entertainment. The Curl technology substantially reduces file sizes typically associated with rich media. This allows for faster downloads at a cost lower than standard Web content delivery. Curl, located in Cambridge, Mass., was founded by a team of internationally renowned computer scientists from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, . For more information, visit www.curl.com.

Also for Curl Corporation: Brenda Nashawaty or Christine Stuart, CHEN Chen - Peter Chen  PR, Inc., 781-466-8282.

Curl, Surge and Surge Lab are trademarks of Curl Corporation. All other trademarks appearing in this news release are the property of their respective owners.
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:Aug 2, 2001
Words:734
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