Xenos Group becomes first company in the EBPP market to join the World Wide Web Consortium
A leading provider of online statement and bill presentment software to further develop the future of the Web and its services.
DALLAS, TX, & TORONTO, ON, October 5th 1999 - Xenos Group (TSE: XNS), a leading provider of software for online statements and bills, today announced that it has joined the growing ranks of the World Wide Web Consortium (W3C). Xenos is the first W3C-member organization representing the electronic document presentment and electronic bill presentment and payment (EBPP) market space.
As a member of the W3C, Xenos will further enhance its position as a leader in the ongoing development of the Internet and its services. The Company also will play a key role in the formation of Web standards and guidelines in the future.
"This represents an incredible opportunity for Xenos Group to have a clear voice in developing standards that fuel the World Wide Web," said Martin Heenan, President of Xenos Group. "As the first W3C member hailing from the electronic document presentment and EBPP market space, Xenos has a unique perspective to bring to the W3C table. For example, we work closely with major financial institutions, insurance companies and telcos, so we understand their businesses and the standards that they would require to work competitively and successfully on the Web."
Xenos brings to the W3C 20 years of industry knowledge and know-how, as well as experience in developing and deploying superior electronic document presentment solutions. For example, Xenos' DocumorphTM software is the only product today that successfully handles all of "the big four" presentment standards: HTML, PDF, TIFF and XML. The software enables companies to rapidly and seamlessly implement their e-statements and e-bills.
The W3C has more than 350 members today, including leading organizations such as America Online, Apple Computer, CompuServe, Microsoft, Netscape, Sun Microsystems and more.
"We look forward to taking an active role in the Consortium. We want to help form the future of HTML, XML and accessibility standards," Heenan added.
About Xenos Group
Based in Toronto, ON, and Dallas, TX, Xenos Group (www.xenosgroup.com) is a leader in software for on-line statements and bills. Using the worlds most advanced transformation and presentment technology, Xenos gives companies the ability to convert any high-volume printed document into a personalized e-document. Customers such as Bear Stearns, Bank of New York, Merrill Lynch, Manulife Financial, Bell Canada and the Canada Post Electronic Post Office use Xenos Group software to transform and distribute more than one billion document pages every year.
Xenos Group's Documorph software lets companies rapidly implement e-statements and Internet bill presentment, enabling the benefits of 1:1 marketing, cross-selling opportunities and closer customer relationships.
About the World Wide Web Consortium
The World Wide Web Consortium (www.w3.org) exists to realize the full potential of the Web. W3C is an industry Consortium of more than 350 organizations that develops common standards for the evolution of the Web by producing specifications and reference software. It was created to lead the Web to its full potential by developing common protocols that promote its evolution and ensure its interoperability. It is an international industry consortium jointly run by the MIT Laboratory for Computer Sciences (LCS) in the USA, the National Institute for Research in Computer Science and Control (INRIA) in France and Keio University in Japan. Services provided by the Consortium include: a repository of information about the World Wide Web for developers and users; a reference code implementation to embody and promote standards; and various prototype and sample applications to demonstrate use of new technology.
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