COMPAQ BREAKS NEW GROUND WITH MOBILE COMMERCE SOLUTION FOR WIRELESS TRANSACTIONS Compaq First to Deliver End-to-End Solution for Wireless Mobile Commerce HOUSTON, Feb. 29xet, Compaq Computer Corporation (NYSE: CPQ) today announced the industry's first end-to- end, business-grade wireless solution for service providers. It enables mobile customers using handheld devices to receive Internet-based data and to actually complete commercial transactions reliably and securely. The Compaq Mobile Internet Platform is a next-generation mobile commerce solution that incorporates advanced middleware, including Wireless Application Protocol (WAP) technology, which enables wirefree users to trade stocks, make point-of-sale purchases, exchange e-mail, and complete business-to-business transactions. The solution announced today is part of Compaq's broader wireless Internet strategy to give mobile business users and consumers "everywhere, everyway" wirefree access to Internet-based data and voice services. As part of the end-to-end solution, Compaq will provide systems and business application integration, support, and portal/content relationships. To complete its fully packaged, end-to-end solution, Compaq is delivering powerful handheld devices that customers use to access the new wireless services. In a related announcement today, Compaq announced its WAP-enabled Wireless Connectivity Suite, a handset that enables end users to browse the Internet, exchange e-mails via short messaging service (SMS) technology, and send documents to a fax machine. The suite includes an award-winning Aero 1500 or 2100 palm-size PC, a connecting cable, a WAP browser, Web browser, and fax software. The Compaq Mobile Internet Platform is aimed at service providers worldwide, including major telecommunications carriers, wireless applications service providers (WASPs), Internet service providers (ISPs), and others who are focused on attracting and keeping new customers with innovative, revenue- producing wireless services. Wireless Internet transactions are complex and require the very highest levels of mission-critical availability, scalability, data integrity and security. The Compaq Mobile Internet Platform leverages the company's traditional strengths in these areas, as well as its convergent experience in both telecommunications infrastructure and financial services. Larry Schwartz, Vice President and General Manager, Compaq Telecommunications, said: "As convergence accelerates, we're seeing a dramatic transformation in the way people use the Internet. Analysts foresee that in five years, almost 830 million wireless devices will be accessing the Internet, making them the access devices of choice." "Increasingly, those mobile users will want to make purchases and complete commercial transactions. That means money changing hands in real time, securely and without fail. This has always been Compaq's core strength, and today's announcement extends this heritage into the wireless Internet market." Compaq is a founding member of the Mobile Wireless Internet Forum (MWIF). Compaq will demonstrate this solution as well as advanced capabilities of its Aero-based Wireless Connectivity Suite at its booth (#8247, Hall J) at CTIA Wireless 2000 in New Orleans. Compaq Solution to Incorporate TANTAU's WAP-Enabled Platform At the heart of Compaq's Mobile Internet Platform is robust, wireless Internet software provided by TANTAU, which makes Internet applications available to wireless devices such as cellular telephones, personal digital assistants and pagers. TANTAU's comprehensive solution is the first to allow enterprises to take full advantage of the mobile commerce revolution without sacrificing security, scalability or a direct link to the customer. TANTAU's wireless Internet platform features multiple protocol support (WAP 1.1, SMS, HTTP), gateways for integration with back-end applications and data sources, and the ability to create personalized applications based on user preference. Under a recent strategic agreement with TANTAU, Compaq will develop, market and support applications built on the TANTAU wireless Internet platform. Compaq Solution Delivers Flexibility and Performance Needed by Service Providers Beyond WAP, Compaq's Mobile Internet Platform will support emerging standards, such as Global Packet Radio Switching (GPRS), Bluetooth and Unified Mobile Telephony Services (UMTS), as they come to market. Service providers will also have the flexibility to build this solution on any of Compaq's proven communications hardware platforms, depending on their individual needs. The Compaq Mobile Internet Platform is available immediately on Compaq NonStop(TM) Himalaya(TM) systems and later in April on its AlphaServer(TM) systems running Tru64(TM) UNIX(R). Compaq's Mobile Internet Platform is optimized for what service providers need to profitably deliver wireless Internet services to their subscribers: 1) continuous availability even with extremely high transaction volume; 2) seamless scalability to grow from tens of thousands of subscribers to tens of millions; 3) transaction security; and 4) tight linkage with back-end business applications, databases, and content portals. For additional information, please visit compaq.com. Compaq Background Compaq Computer Corporation, a Fortune Global 100 company, is the largest supplier of computing systems in the world. Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop and portable products, and consumer PCs for the NonStop(TM) Internet world. Compaq products and services are sold in more than 200 countries directly to businesses, through a network of authorized Compaq marketing partners, and directly to businesses and consumers through Compaq's e-commerce Web site at compaq.com. Compaq markets its products and services primarily to customers from the business, home, government, and education sectors. Customer support and information about Compaq and its products and services are available at compaq.com. About TANTAU Software Inc. TANTAU Software, Inc. is the first provider of software and services that enable enterprises to conduct high-volume secure mobile e-commerce transactions while maintaining direct access to their customer. Founded in February 1999 by a core team of developers from the Tandem Division of Compaq Computer Corporation, TANTAU's technology and experience is applied to solving mobile e-commerce requirements, including scalability, security, availability and transaction integrity. Headquartered in Austin, Texas, TANTAU is a global company with development and sales offices around the world, including Australia, Finland, Germany, Switzerland, the United Kingdom and the United States. For more information, visit TANTAU at tantau.com. Compaq, Aero, AlphaServer, Himalaya, NonStop,and the Compaq logo, registered U.S. Patent and Trademark Office. UNIX is a registered trademark of The Open Group in the U.S. and other countries. Product names mentioned herein may be trademarks and / or registered trademarks of their respective companies. This release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include the failure to close the contemplated transaction with Inacom; failure of systems associated with order fulfillment; the failure to close certain contemplated sales; changes in product mix; inventory risks due to shifts in market demand; continued competitive factors and pricing pressures; and market responses to pricing actions and promotional programs. Further information on the factors that could affect Compaq's financial results are included in its SEC filings, including the annual report on Form 10-K for the year ended December 31, 1998, and the latest quarterly report on Form 10-Q. SOURCE Compaq Computer Corporation (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: David Collins of Compaq Computer Corporation, 408-285-9233, or email, d.collins@compaq.com /Photo: newscom.com PRN Photo Desk, 888-776-6555 or 201-369-3467 WEB PAGE: tantau.com GEOGRAPHY: Texas INDUSTRY CODE: CPR MLM TLS SUBJECT CODE: PDT *** end of story *** |