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Monday September 29 3:17 PM EDT
Company Press Release
NCR and IA Corporation Sign Global Strategic Alliance
NCR's ImageMark Products to Incorporate IA's CheckVision Software to
Address Exploding Market
DAYTON, Ohio--(BUSINESS WIRE)--Aug, 28, 1997--NCR Corporation (NYSE:NCR) and IA
Corporation (NASDAQ:IACP) today jointly announced a global strategic alliance agreement
to offer world-class item-processing solutions to financial institutions.
The agreement marries NCR's global breadth and experience in consumer banking with
IA's leading enterprise software applications for the financial services industry.
Under the agreement, NCR will sell IA's CheckVision(R) products around the world under
the banner of ImageMark(TM), the new enterprise-wide family of image-based
item-processing solutions already in use in several banks in the U.S. and abroad. The IA
products, particularly CheckVision Archive, will be incorporated into the ImageMark(TM)
Archive and Delivery (IAD) platform, to provide an all-items archive and advanced information
delivery services to bank customers.
As part of the IAD platform, CheckVision Archive enables banks to capture financial
transactions including images, store this information in a transaction repository, and then
deliver the information to bank customers in any way that they can access the bank,
including bank branches, call centers, home banking systems and self-service terminals.
The agreement also establishes a technology alliance for IA and NCR to jointly develop
software to enhance the suite of CheckVision products.
``A scaleable transaction archive that also supports cash management and other
applications is in great demand right now by the financial services industry. With advanced
archive solutions built upon an open system at the center of their operations, banks can
offer both retail and corporate customers many new attractive revenue generating
services,'' said Bill Hipps, NCR Vice President of Deployment.
``NCR chose IA's CheckVision software to be an important part of the centerpiece of
NCR's ImageMark(TM) strategy because of its proven success in 16 of the largest U.S.
banks.''
``IA has a solid technology base in transaction processing software development and a
successful line of archive and advanced cash management products,'' said Thierry Leger, IA
Vice President of Marketing. ``This global strategic alliance significantly expands our
product distribution capability.''
NCR hardware and CheckVision software are already in combined operation at several
banks such as Crestar, National City, UMB and Union Bank of California.
NCR Corporation Background
NCR supplies banks and other financial institutions with Banking Solutions in the Age of the
Consumer -- solutions that are tailored to NCR customers' individual needs so that they can
offer the best services to their consumers. Apart from item-processing systems, these
solutions include Automated Teller Machines (ATMs), relationship management systems,
and consumer delivery systems.
NCR Corporation's computer systems, store automation, banking systems, consulting and
support services are used by customers in more than 130 countries around the world.
NCR is located on the World Wide Web at ncr.com .
ImageMark(TM) is a registered trademark of NCR Corporation.
IA Corporation Background
IA Corporation is headquartered in Emeryville, Calif. and listed on NASDAQ (IACP). The
company develops, markets, implements and supports software solutions for financial
services organizations that require flexible automation of high-volume, complex transactions.
The Company currently sells two leading application framework software products for
advanced cash management services, CheckVision and RemitVision(R), which are built
upon the Company's advanced, client/server complex transactions management software
platform, WorkVision(TM).
IA offers scaleable, enterprise-wide application framework software products that enable its
customers to manage and automate their business processes from end to end. These
software products are deployed through professional services that include comprehensive
installation, training, ongoing maintenance, support and development services.
The Company's customers include Harris Bank, Mellon Bank Corp., Sanwa Bank California,
Ltd., UMB Bank, NA and Wachovia. IA can be found on the World Wide Web at:
iacorporation.com .
Contact:
IA Corporation
Thierry Leger, 510/450-6816
Thierry.Leger@ia-us.com
iacorporation.com
or
Mesa Communications
Shawn Fontenot, 817/355-0032
yujuico@aol.com
or
Edelman Public Relations
Mark McCall, 312/240 2640 (for NCR)
mmccall@edelman.com
More news for referenced ticker symbols: IACP, NCR, and related industries: banking,
computer.
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