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Sun Microsystems Launches Java Financial Object Xchange; Open Forum for Latest on Java, Object-Development in Financial Services Industry.



MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 7, 1996--Sun Microsystems, Inc. today announced the launch of its Java(TM) Financial Object Xchange (J.F.O.X.(TM)) web site (http://www.jfox.com).

J.F.O.X. provides a centralized forum for Java developers and technology managers to exchange Java-based information and software components that are uniquely suited for use by the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 industry.

J.F.O.X. offers its members a wide variety of technical resources to facilitate software development and promote advanced implementations of Java and distributed object Distributed objects are software modules that are designed to work together, but reside either in multiple computers connected via a network or in different processes inside the same computer.  technologies. Membership is free.

J.F.O.X. members have easy access to Java classes, applets and applications posted by contributing members. All posted software is free and is intended to demonstrate useful Java functionality as well as the capabilities of the contributing developer or firm.

Members can send comments and questions directly back to contributors via a direct e-mail link. Prior to being posted, software is pre-screened by the J.F.O.X. evaluation team to ensure quality and applicability.

"Sun is committed to helping developers build sophisticated applications that can be re-engineered quickly to respond to the constantly changing requirements of the financial services community. Java and reusable objects are key technologies for this type of development," said Rob Hall, vice president of World Wide Financial Services Team, Sun.

"J.F.O.X. enables developers to create financial applications faster by providing a library of Java and reusable object building blocks that everyone can share and improve upon."

"J.F.O.X. helps us to introduce our Java-enabled applications to a wide audience of developers and end users who 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.
 financial services components," said Tom Jasek, VP and general manager, financial services division of TIBCO TIBCO The Information Bus Company , Inc. "We are very enthusiastic about the increased product visibility and demand, and we anticipate receiving a great deal of feedback from high-level users in the banking industry."

J.F.O.X. maintains a vast library of technical white papers, late-breaking news items, press releases and a membership roster to help promote discourse among participants. J.F.O.X. helps developers share experiences and learn how to take advantage of the new Java APIs There are three types of Java Programming Language Application Programming Interfaces (APIs) :
  • the official core Java API, contained in the JDK or JRE, of one of the editions of the Java Platform.
 and distributed object methodologies. The web site includes a bulletin board, discussion group, and live special events with featured Java guests and experts.

"We have long called for a direct communication channel between financial services developers," said Mark Luppi, senior vice president of trading services at Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. . "There is clearly a need to set industry standards for software common to all financial institutions, to enable developers to focus on applications that differentiate the underlying services offered by these organizations."

Members can move through the J.F.O.X. web site in one of two ways. A graphically based palette of icons offers an easy way to browse the site and get a complete picture of the scope and breadth of its content. For members already familiar with the site or those that are looking for specific information, a powerful search engine is available at the control panel on each page.

J.F.O.X. encourages participation from vendors, customers, users and research institutions (for a current list of members please see the J.F.O.X. web site). To apply for J.F.O.X. membership, complete the application posted on the web site at http://www.jfox.com, or contact J.F.O.X. Administration at 415/786-3877.

With annual revenues exceeding $7 billion, Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Inc. provides products and services that enable customers to build and maintain open network computing See ONC.

Open Network Computing - (ONC) Sun's network protocols.
 environments. Widely recognized as a proponent of open standards, the company is involved in the design, manufacture and sale of products, technologies and services for commercial and technical computing.

Sun's SPARC (Scalable Performance ARChitecture) A family of RISC CPUs from Sun that runs mostly under Sun's Solaris, but also under Linux and BSD operating systems. After development began in the mid-1980s by David Patterson of the University of California at Berkeley and Bill (TM) workstations, multiprocessing servers, SPARC microprocessors, Solaris(TM) operating software and ISO-certified service organization each rank No. 1 in the UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
(R) industry. Java, Sun's platform-independent programming environment, provides a comprehensive solution to the challenge of programming for complex networks, including the Internet.

Sun Microsystems was founded in 1982, and is headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see .
Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains.
. For more information see Sun's Web site at http://www.sun.com. -0-

Note to Editors: Sun, the Sun logo, Sun Microsystems, Solaris, J.F.O.X. and Java are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. All SPARC trademarks are used under license and are trademarks or registered trademarks of SPARC International, Inc. in the United States and other countries. Products bearing SPARC trademarks are based upon an architecture developed by Sun Microsystems, Inc. UNIX is a registered trademark in the United States and other countries exclusively licensed through X/Open Company, Ltd.

Press announcements and other information about Sun Microsystems are available on the Internet via the World Wide Web using a tool such as Netscape or NCSA (1) (National Center for Supercomputing Applications, Urbana-Champaign, IL, www.ncsa.uiuc.edu) A high-performance computing facility located at the University of Illinois at Urbana-Champaign.  Mosaic. Type http://www.sun.com at the URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 prompt.

CONTACT: Sun Microsystems Computer Company

David Bailey, 415/786-4007

david.bailey@corp.sun.com

or

NADEL NADEL National Association of Democratic Lawyers (South Africa)  PHELAN

Paula Phelan, 408/439-5570

paula@nadelphelan.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 7, 1996
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