Netzee Introduces Integrated Product Offering to Simplify Back-End Bank Operations.Business Editors & Technology Writers ATLANTA--(BUSINESS WIRE)--Sept. 5, 2000 Integration of PortPro(R) Bond Accounting and CALLREPORTER(R) will simplify and speed reporting processes Netzee, Inc. (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 : NETZ), a leading provider of Internet banking products and e-commerce solutions for community financial institutions, has introduced an integrated solution composed of the company's PortPro Bond Accounting and CALLREPORTER III products. The seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of the two products provides an automatic transfer of bond accounting data into CALLREPORTER III regulatory reports whenever the user opens the monthly PortPro accounting file. PortPro Bond Accounting provides financial institutions of all sizes with a complete and affordable bond portfolio accounting solution. Its advanced Internet delivery features a familiar browser-based interface that is compatible with both Microsoft Internet Explorer See Internet Explorer. (a) and Netscape Navigator An earlier Web browser for Windows, Macintosh and X Windows from Netscape that provided secure transmission over the Internet. Soon after its introduction in 1994, Navigator, or just "Netscape," as it was commonly called, quickly became the leading browser on the Web. (b). The solution's integration with CALLREPORTER III means that banks can benefit from CALLREPORTER's Timesaver Timesaver is a well-known model railroad train shunting puzzle created by John Allen. It consists of a specific track layout, a set of initial conditions, a defined goal, and rules which must be obeyed while performing the shunting operations. (TM) import capabilities, audit reports, Federal Financial Institutions Examination Council The Federal Financial Institutions Examination Council, or FFIEC, is a formal interagency body of the United States government empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Call Report instructions, Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. and Federal Reserve Board edit and validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. checks, automatic annual disclosure statement, electronic call report submission and other advanced features. "The integration of these two products provides a new robust functionality that will increase overall efficiency for community financial institutions," stated Michael E. Murphy, chief technology officer for Netzee. "Current and future users of the PortPro product will be able to leverage the features and benefits of CALLREPORTER in a seamless manner that will make their regulatory reporting a breeze. We see this development as part of Netzee's ongoing effort to provide community financial institutions with the most advanced solutions available." About Netzee Netzee provides financial institutions with an integrated retail suite of Internet-based products and services, including full-service Internet banking, bill payment, cash management, online brokerage, Internet commerce services, online check reordering re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. , custom Web design and hosting, implementation and marketing services. Netzee also provides financial institutions with an integrated wholesale suite of products and services, including regulatory reporting software The following is a list of notable reporting software. Commercial software
in mathematical terms the points at which a curve cuts the two axes of a graph. Group, Inc. (Nasdaq: ICPT ICPT Inductively Coupled Power Transfer (electronics) ICPT Institute for the Certification of Pharmacy Technicians ICPT Integrated Contractor Procurement Team ). Netzee became a public company in November 1999, raising approximately $61.6 million in gross proceeds from its initial public offering. Netzee currently serves over 7,000 institutional customers with one or more of its products. The company's stock is traded on the Nasdaq National Market under the symbol "NETZ." Netzee can be found on the Internet at www.Netzee.com. This release contains statements which constitute 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. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include all statements that are not statements of historical fact regarding the intent, belief or expectations of Netzee and its management with respect to, among other things: (1) trends affecting our operations, financial condition and business; (2) our growth and operating strategies; (3) our ability to develop, test, sell and support new, enhanced integrated products, services and features in a timely manner or at all; (4) our ability to achieve our sales objective; (5) the continued and future acceptance of and demand for our products and services by our customers and their customers; and (6) whether our current or future strategic marketing alliances will be successful in generating sales or in improving our business, results of operations or financial condition. The words "may," "will," "anticipate," "believe," "intend," "plan," "allow," "strategy" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected in the forward-looking statements as a result of risks related to the integration of acquired assets and businesses; the Company's ability to achieve, manage or maintain growth and execute its business strategy successfully; its dependence on developing, testing and implementing enhanced and new products and services; Netzee's ability to sell its products and services to financial institution customers and their customers; Netzee's ability to respond to competition; the volatility associated with Internet-related companies; and various other factors discussed in detail in Netzee's filings with the Securities and Exchange Commission, including the "Factors that May Affect Our Future Results of Operations or Financial Condition" section in Netzee's 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. for the fiscal year ended December 31, 1999 as filed with the SEC on March 29, 2000, as amended on May 1, 2000, and other periodic reports filed by Netzee under the Securities Exchange Act of 1934, as amended. Netzee undertakes no obligations to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. (a) Indicates a trademark or registered trademark of Microsoft Corporation. (b) Indicates a trademark or registered trademark of Netscape. |
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