MindBox Joins Oracle Partner Program; Alliance Brings Intelligent Decisioning Technology to Customers.Business Editors and High-Tech Writers GREENBRAE, Calif.--(BUSINESS WIRE)--Nov. 6, 2000 MindBox(TM), Inc., the worldwide leader in providing intelligent technology that automates complex business and decision processes, today announced that it has joined the Oracle(R) (Nasdaq: ORCL ORCL Oracle (stock symbol) ) Partner Program. The partnership will help bring the benefits of its award-winning ART*Enterprise intelligent decisioning technology and expert consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to 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. customers. MindBox's ART*Enterprise technology and its expert consulting services create applications that automate complex business and decision processes involving the best practices and expert knowledge of an institution. ART*Enterprise's modular, object oriented See object technology and object-oriented programming. architecture provides unmatched flexibility to automate these processes. It also has the ability to allow modification of these policies by business experts according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. business needs and enables deployment of the systems in heterogeneous, enterprise-wide environments. Furthermore, ART*Enterprise is the only decisioning technology available that provides both rule based See rules based. and case based reasoning (artificial intelligence) case based reasoning - (CBR) A technique for problem solving which looks for previous examples which are similar to the current problem. This is useful where heuristic knowledge is not available. . This combination provides an unprecedented level of sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. in its ability to automate complex decision processes. As a member of the Oracle Partner Program, MindBox will gain exposure to Oracle customers via Oracle's Partner Solutions Catalogue, a comprehensive listing of products and services from Oracle's partner community. Focusing on the Financial Services industry will allow both companies the opportunity to reach more clients facing the need for decisioning technology in their applications in order to better service their customers. "We are excited about the opportunity to work with Oracle. We feel we offer Oracle's customers a significant benefit by adding the power of decisioning technology to their business applications," said Paige Mazzoni, vice president of marketing for MindBox. "We are committed to working with the best companies in the marketplace to ensure that we are providing the best possible solution to our customers. MindBox has worked with many of the top lenders and financial institutions in the United States--including Countrywide Home Loans, HomeSide Lending, Upland Mortgage, Fannie Mae Fannie Mae: see Federal National Mortgage Association. and Freddie Mac--to develop automated decisioning systems that optimize customer interactions by providing individually-tailored products and services at any point of contact. MindBox helped these companies gain a competitive edge by creating systems that automate the lending process from end-to-end, allowing consumers to compare rates, options and fees, fill out an application, obtain a decision, and close the deal--all online. The Oracle Partner Program is a global business network of more than 17,000 companies who deliver innovative e-business solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle Partner Program provides partners with the resources they need to be successful in today's Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's leading supplier of e-business solutions. Additional information is available at http://alliance.oracle.com. About MindBox(TM), Inc. Based in Greenbrae, California Greenbrae is a small community in Marin County, California located adjacent to U.S. Route 101 at the opening of the Ross Valley. Part of Greenbrae is in an unincorporated area of the county while the remaining area is inside city limits of Larkspur. The zip code is 94904. , MindBox, Inc. is a technology company that helps financial services companies gain a competitive edge by intelligently automating their complex business and decision processes. The company develops and markets innovative software and consulting solutions that leverage industry and internal best practices to deliver multi-channel, intelligent solutions designed to optimize client interactions. For more information, please visit MindBox's Web site at www.mindbox.com or call (415) 785-3050, or (877) 650-MIND (6463). MindBox(TM) is a registered trademark of MindBox, Inc. All other company and product names may be trademarks of their respective owners. Oracle is a registered trademark of Oracle Corporation. |
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