Transaction Network Services Releases Set Version Of CashLink Internet Payment Software.STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--April 30, 1998-- New Software Reduces Cost and Eliminates Complex Integration Transaction Network Services, Inc. (TNS TNS transcutaneous neural stimulation. )(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 :TNSI TNSI Transaction Network Services Inc. TNSI The Natural Step International ), through its Swedish subsidiary Transaction Network Services TNS AB, has released a SET-compliant version of its CashLink internet payment software. CashLink now enables Swedish web merchants to quickly set up secure SET payment services on the Internet without the high cost of human and hardware resources associated with SET implementation. Minimal software integration is required on the merchant server, and the CashLink SET terminal functions as a SET engine so that no dedicated SET server is required at the merchant site. With CashLink, Internet merchants can offer SET payments from their homepages within just a few hours. To assist in the simple software installation and integration on the merchant end, TNS has chosen Gladius GLADIUS. In our old Latin authors, and in the Norman laws, this word was used to signify supreme jurisdiction, jus gladii. Production AB as its partner. Gladius will handle SET software installation, integration, and support on behalf of TNS AB. Gladius is a leading information technology company specializing in web application service and support. CashLink is available initially to the four Swedish banks currently participating in a SET pilot, S-E-Banken, Handelsbanken, Foreningsssparbanken, and Postgirot, and to the companies working with those banks for the pilot program. This pilot program is expected to be completed this summer. Transaction Network Services, Inc. (TNS), headquartered in Reston, Virginia Reston is an internationally known planned community whose goal was to revolutionize post-World War II concepts of land use and residential/corporate development in American suburbia. , provides 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. services for transaction-oriented applications. The company is listed on the NASDAQ National Market under the symbol TNSI. Transaction Network Services TNS AB, a TNS subsidiary headquartered in Stockholm, Sweden, is a pioneer in the Internet payment market and takes active part in the development of SET. Additional company information is available on the TNS website at www.tnsi.com. CONTACT: Transaction Network Services, Inc. Karen Kazmark, 703/453-8406 or Transaction Network Services TNS AB Jens Claesson, 011-468-717-9880 |
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