National Discount Brokers to License Corillian's Voyager Platform
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BEAVERTON, Ore., May 4 /PRNewswire/ --
Corillian Corporation (NASDAQ:CORI), a leading provider of eFinance solutions
for the Internet, announced today that National Discount Brokers/ndb.com, a
leading online brokerage and financial services company and subsidiary of
National Discount Brokers Group, Inc. (NYSE:NDB), has signed an agreement to
license Corillian's Voyager eFinance Suite to enhance its online brokerage
services.
"Corillian's expertise in the online financial space and the functionality
of Voyager is helping streamline the implementation process of our current
Internet initiatives," according to Christopher McQuilkin, president and CEO
of National Discount Brokers.
"We look forward to helping NDB expand its online brokerage services,"
said Ted Spooner, chairman and CEO of Corillian. "Our partnership with
National Discount Brokers allows us to work with one of the best online
brokers and provide their customers with the easiest access to their account
information."
Corillian's Voyager eFinance Suite is a high-performance, scalable
solution that enables Internet-delivered services such as online banking and
electronic bill payment and presentment. The Voyager eFinance Suite provides a
link between financial institutions' legacy host systems and customers using
Internet devices, such as browsers, personal financial management programs or
wireless devices. Corillian products are delivered with proven project
management and professional services, ensuring a quality implementation.
About Corillian
Based in Beaverton, Ore., Corillian Corporation is an award-winning
provider of cutting-edge Internet-based technology solutions geared toward
fulfilling the eFinance needs of the financial services industry and its
customers. Corillian applications support Internet-based banking, bill
delivery and payment, brokerage, targeted marketing, and small business
transactions through the comprehensive eFinance software package known as the
Voyager eFinance Suite. Other Corillian client solutions include OneSource,
the data aggregation and display program, and Browser Banker, a customizable
browser-based (HTML) interface. Corillian technology also enables Open
Financial Exchange (OFX) access by personal finance management software
packages such as Quicken(R) and Microsoft(R) Money. For more information on
Corillian Corporation, visit the company's Web site at www.corillian.com.
About National Discount Brokers Group, Inc.
Headquartered in Jersey City, New Jersey, National Discount Brokers Group,
Inc., an S&P Small Cap 600 Index company, is the parent company of two
financial services entities: National Discount Brokers Corporation/ndb.com
and NDB Capital Markets Corporation, formerly Sherwood Securities Corp.
National Discount Brokers, which was recently ranked #1 in the Barron's Best
of Online Brokers survey, at February 29, 2000 had 207,900 customer accounts,
with assets of $12.2 billion. NDB Capital Markets main operations are as a
market maker in approximately 4,300 Nasdaq and other OTC securities as of
February 29, 2000. The Company has offices in Jersey City, New York,
Los Angeles, Chicago, San Francisco, Denver and Boston. Customers can access
National Discount Brokers Corporation/ndb.com at, via the PowerBroker
automated touch-tone telephone system 800-631-8884 or by calling
800-4-1-PRICE.
Matters discussed in this release may include forward-looking statements
that involve risks and uncertainties, and actual results may be materially
different. Factors that could cause actual results to differ are stated in
Corillian's reports and other documents filed from time to time with the
Securities and Exchange Commission, including the prospectus included in its
Form S-1 Registration Statement filed on January 27, 2000.
SOURCE Corillian Corporation
-0- 05/04/2000
/CONTACT: Steve Shaw of The Weber Group, 503-552-3746, or
sshaw@webergroup.com, for Corillian Corporation/
/Web site: corillian.com
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