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Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP?

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To: David H. Zimmer who wrote (890)2/3/2000 8:17:00 AM
From: EPro   of 1203
 


Thursday February 3, 7:45 am Eastern Time
Company Press Release
SOURCE: Interface Systems, Inc.
Interface Systems to Provide ComGraphics With MyCopy Internet/Intranet Statement Delivery Software
ANN ARBOR, Mich., Feb. 3 /PRNewswire/ -- Interface Systems, Inc. (Nasdaq: INTF - news), the leading provider of Legacy-to-Internet technology (L2i(TM)), today announced an agreement to provide ComGraphics, Inc., with its MyCopy(TM) online client statement delivery software. Value of the transaction was not disclosed for competitive reasons.

The agreement marks one of many for Interfaces' Internet/Intranet statement delivery software in the securities brokerage industry, which is a primary target market for Interface.

ComGraphics, (CGI) a Chicago-based computer services company, will use MyCopy to aid brokerage firms in reducing the cost and time associated with the delivery of duplicate client statements to their brokers.

``MyCopy is ideally suited to the brokerage industry, where extensive networks of investment consultants require timely access to thousands of client accounts,' said Robert Nero, CEO and president of Interface. ``We're pleased that a progressive, technology-based company such as CGI has recognized the benefits of MyCopy and plans to offer it to their brokerage customers on a transaction charge basis.'

``Interface's MyCopy software will help our customers reduce internal delivery of client statements from days to hours,' said Bill Dwyer, president and CEO of CGI. ``By eliminating the need for second copies, MyCopy saves our customers time and money. At the same time, our customers will improve their customer service by having the statements available to brokers online where they can be accessed quickly.

``By having an online copy identical to the one mailed to investors, brokers will see an exact copy of the client's statement so that when a client has a question on a statement, they can instantly access the statement, go directly to the page where the client has a question, and help the client immediately,' Dwyer said. ``Brokerage executives will spend less time on the phone answering questions plus they will be providing faster service with more accurate answers.'

Interface is currently working with ComGraphics on implementation at two major brokerage firms.

About CGI

ComGraphics, Inc., is a computer services company that provides a complete range of output services. CGI was a pioneer in the computer output microfilm (COM) services business. CGI is one of the largest cut-sheet laser printers in the Chicago area. CGI also has broadened its product offerings to include finishing, mailing and distribution services, optical scanning and CD-ROM services, as well as additional mainframe services. CGI has made the transition from a COM service bureau to a successful, diversified computer output services company.

About Interface

Interface Systems, Inc.'s Legacy-to-Internet (L2i) technology allows any Internet application to access and make full use of information stored on legacy systems. The company specializes in Internet bill presentment and payment, as well as electronic delivery of statements and other legacy content to the Internet, fax, email, and other destinations. Interface helps its customers extend the life, the reach, and the value of their existing information systems. Interface's headquarters are in Ann Arbor, Mich., and markets its products worldwide. More information on Interface and its products can be found at: intface.com .

MyCopy and L2i are trademarks of Interface Systems, Inc.

SOURCE: Interface Systems, Inc.
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