Monday December 18, 8:46 am Eastern Time
Press Release
Leading Financial Companies Manage Online Communications With Tumbleweed Solutions
Tumbleweed MMS ensures financial enterprises meet regulatory guidelines for secure Internet communications
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec. 18, 2000-- Tumbleweed Communications Corp.® (NASDAQ: TMWD - news), a leading provider of secure Internet communications services, today announced that Columbia Management Company, ING Variable Annuities, Merrill Lynch, and UBS Warburg are using Tumbleweed Messaging Management System (MMS)(TM) to secure, monitor and manage the e-mail communication stream between their employees, partners and customers on the Internet.
Over 90 financial service companies use Tumbleweed MMS, a set of e-mail management products that enable companies to protect sensitive business data on the Internet and comply with SEC regulations governing e-mail retention. MMS also includes Messaging Monitor, a product financial enterprises can use to retain and review e-mail as well as to maintain long term archives. MMS can set and implement policies for Internet e-mail by applying content control, encryption, access control, attachment management, virus scanning and digital signature policies that are administered centrally and enforced universally across an enterprise.
``Tumbleweed MMS offers ING VA a comprehensive messaging management solution that makes Internet e-mail a secure, reliable channel for communicating with our customers and business partners,'' said Joel McMillan, Manager of Imaging Technologies, ING Variable Annuities. ``We can centrally create policies to manage and control the flow of online communications - so we can maintain compliance with SEC regulations governing client communication - without requiring our end-users to change their software or business practices.''
``At Columbia Management Company we desired a complete online management solution to assist with SEC compliance regulations surrounding Internet communication, and we saw an opportunity to strengthen ties with our customers and partners via the Internet,'' said Bill Hulsman, Director of IT Operations, Columbia Management Company. ``We needed a solution for managing our e-mail communications stream now and as it grows. With Tumbleweed MMS we can centrally define and enforce compliance with our own policies for Internet e-mail usage, without taxing either our end users or our vital IT resources.''
``Each of our financial services customers has built a sophisticated communications network with its customers, business partners and suppliers. Every day, these customers use their networks to transmit important business information through e-mail messages, which must be archived. In fact, we archive over a million messages a day for our largest customers,'' said Jeffrey C. Smith, President and CEO, Tumbleweed Communications Corp. ``Our financial service customers apply MMS as a comprehensive solution to centrally manage and monitor communications, to implement security policies, and to protect their information assets traveling over the Internet.''
About Tumbleweed Communications Corp.
Tumbleweed Communications Corp. is a leading provider of advanced e-mail solutions for business communications. Our products and services enable businesses to create and manage secure online communication channels that leverage established e-mail networks and enterprise applications. Tumbleweed Integrated Messaging Exchange is a platform and set of applications for creating secure communications channels between a business and its customers, partners, and suppliers. Tumbleweed Messaging Management System is a comprehensive solution that extends internal e-mail systems to the Internet through centralized security, policy enforcement, filtering and archiving. Used together, Tumbleweed IME and Tumbleweed MMS automatically apply security policies and redirect sensitive e-mail for secure, trackable delivery. Companies that rely on Tumbleweed IME or MMS products include American Express, Chase Manhattan Bank, Datek Online, the European Union's Joint Research Council, the Food and Drug Administration, Northern Trust, UPS, Pitney Bowes, TD Waterhouse, and the United States Postal Service. |
