NR tonight:
Infowave and Investment.com offer wireless access
Infowave Software Inc IW
Shares issued 17,891,176 Jan 12 close $22.00
Wed 12 Jan 2000 News Release
Mr. Charles Desjardins of Global Investment.com reports
Investment.com Anywhere is delivering wireless access to Investment.com's
wide range of investment tools and resources.
Through a licence agreement between Investment.com and Infowave Software
Inc., Investment.com Anywhere allows Investment.com users to check the
status of their investments and conduct on-line investment transactions
away from their desktop computers.
Investment.com gives investors everything they need to research investment
options, conduct transactions and track their entire portfolio -- including
stocks, bonds, mutual funds, real estate, insurance and collectibles --
on-line. Investment.com delivers comprehensive investment-related content,
investment tools such as message forums, calculators and calendars, and
access to on-line transaction facilities including banking, stock trading
and collectible auctions.
"Investment.com is about offering people control of their own investments.
To do this, investors need to access investment information, track their
portfolios and perform on-line transactions any time, anywhere," said
Charles Desjardins, Investment.com president and chief executive officer.
"This one-of-a-kind wireless access establishes Investment.com as a leader
in the on-line investment world."
The growing demand for wireless solutions and convergence has been well
documented. The number of North American mobile data subscribers is
predicted to triple between 1999 and 2002 -- an increase from 3.38 million
to 10.64 million in only three years. Demand is expected to be even greater
in Europe where a recent report in the Financial Times (U.K.) indicated
that the penetration rate for wireless phones in Europe is expected to
reach 56 per cent by the end of 2000.
"People want access to information and services wherever they are and
whenever they need it," said Ron Jasper, vice-president of marketing for
Infowave Software Inc. "With the growth of on-line investing and the
breadth of Investment.com's services, having anywhere, any time access to
this information using Infowave's wireless technology is crucial."
About Infowave for the Net
Infowave for the Net is client/server software that provides mobile access
to the Internet via a nationwide wireless data network. Infowave for the
Net provides a number of key features for secure, reliable and optimized
wireless Internet access using standard Web browsers.
With a laptop or hand-held computer running Windows CE and a wireless data
modem, users access Internet sites in exactly the same way they would if
they were connected via a phone line or their corporate network. Infowave
for the Net supports both the popular Internet Explorer and Netscape
Navigator browsers.
Infowave for the Net dramatically increases wireless Internet access speeds
by removing the extra overhead associated with the Internet protocol and by
compressing all data sent and received. Other efficiency gains are achieved
through the use of filtering rules to remove unnecessary data (such as
graphics, scripts and so forth) and through specific wireless network
optimizations. Enterprise grade authentication and state-of-the-art
encryption technology creates an end-to-end secure pipe that ensures all
data transmitted remains private.
Investment.com Anywhere will be available at the end of January.
Investment.com Anywhere can be accessed through any Windows CE hand-held
device or laptop. |
