Tech...,
I trust when Z mentions ML, he's referring to the former Midland Walwyn,now ML Canada; First Marathon Calgary branch, if my memory is accurate, achieved Cartaway fame.
BCE Emergis press release follows;
For those that aren't aware of the parties mentioned: MSFT surpassed GE in market cap last year and now has the world's largest market cap; BCE is the largest publicly held Canadian Corporation; Bell Canada, one of its holdings can call upon a Systems Staff of more than 4000 professionals, the banks listed represent more than 90% of the retail banking business in Canada; ...
Wednesday February 3, 10:25 am Eastern Time
FULL TEXT-BCE Emergis in e-commerce deal
(Full text of press release from ISDN Wire Service)
BCE EMERGIS SELECTED FOR ELECTRONIC BILL PRESENTMENT, ONE OF THE LARGEST E-COMMERCE INITIATIVES IN NORTH AMERICA
BCE Emergis, working with Bell Canada and Microsoft Corporation, announced today that it has been selected by e-route inc. to enter into exclusive contract negotiations for a long-term contract, for the provision to e-route of an electronic bill presentment service.
e-route is a company owned by Canada Trust, CIBC, Desjardins, National Bank of Canada, Royal Bank of Canada and TD Bank Financial Group. ''Bill Presentment enables consumers and businesses to receive and review their bills electronically, offering advantages of cost and speed. In the North American market, according to McKinsey & Company, Electronic Bill Presentment and Payment (EBPP) could save billers, customers and other constituents over $2 billion annually by 2002'', stated Brian Edwards, President and CEO of BCE Emergis Inc. ''Moreover, Killen & Associates lists EBPP as the most important e-business application to date and projects that EBPP market revenues will grow fifty-fold by 2005.'' ''By teaming with BCE Emergis, we will provide e-route inc. with the first seamlessly integrated Internet bill presentment and payment service,'' said Simon Witts, General Manager of Microsoft Canada. ''This new on-line technology benefits businesses and consumers while enhancing the role of financial institutions. The solution combines BCE Emergis' technology with bill presentment software developed by MSFDC, the joint venture of Microsoft and First Data Corp.'' Negotiation of the contract begins immediately with the pilot project expected thereafter and full production in 2000. BCE Emergis delivers network-centric e-commerce business solutions that enable organizations to better compete in the global marketplace. Combining e-commerce services, network infrastructure, security services, and payments solutions through industry vertical applications, BCE Emergis offers a full suite of core technologies that are the essential building blocks for electronic commerce. BCE Emergis, one of the top tier electronic commerce providers in the world is now part of the TSE 300 Composite Index. For more information, please refer to 1. This news release contains certain forward-looking statements that reflect the current views and/or expectations of BCE Emergis with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. For more information: Anne Belliveau General Manager, Corporate Communications BCE Emergis (514) 868-2232 - Email: 1
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