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Gold/Mining/Energy : Xenos Group goes public on the Toronto Stock Exchange XNS -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (34)	12/1/1999 9:15:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 79

(BSNS WIRE) Xenos Group and Just in Time Solutions Partner to Provide a Xenos Group and Just in Time Solutions Partner to Provide a Premier Software Solution for Electronic Bill Presentment and Payment Business and Technology Editors DALLAS/SAN FRANCISCO--(BUSINESS WIRE)--Dec. 1, 1999-- Industry Leaders Deliver EBPP Technology to High-Volume Billers in Mainframe Environments. Xenos Group (TSE: XNS), a leader in software for online statement and bill presentment, and Just in Time Solutions, a leading provider of Internet billing and interactive customer care software, today announced a strategic partnership to deliver a comprehensive electronic bill presentment and payment (EBPP) solution. This bilateral agreement allows the two companies to implement jointly a premier EBPP solution for clients seeking the best-of-breed choice for high-volume online presentment and electronic payment of customer bills. The partnership between Xenos and Just in Time will provide customers of both companies with the total Internet bill presentment and payment package. Through its world-renowned transform technology, Xenos will provide print transformation capabilities to convert legacy print streams into a variety of outputs, including XML. That data then can be rendered by Just in Time's BillCast(TM) software and turned into an interactive EBPP application. "This relationship allows Xenos to deliver leading-edge technology to the pure EBPP marketplace with the addition of Just in Time's turnkey, comprehensive payment solution," says Martin Heenan, President of Xenos Group. "Customers also can use Xenos' scalable solution to seamlessly handle multiple data inputs, on multiple operating platforms, and then present these bills for payment in any of the 'big four' Internet presentment standards: HTML, PDF, TIFF and XML." "With its transformation technology, Xenos has just the right expertise in electronic document presentment that provides the perfect complement to our existing BillCast Data Translation Module," says Douglas S. Thompson, President and CEO of Just in Time Solutions. "Our agreement will enable Just in Time to deliver a robust, scalable data translation solution to high-volume billers in mainframe environments." About Xenos Group Based in Dallas and Toronto, Xenos Group (TSE: XNS; www.xenos.com) is a leader in software for online statement and bill presentment. Using the world's most advanced transformation technology, the company gives customers the ability to convert any high-volume paper document to any electronic format on any platform. Customers such as Bear Stearns, Bank of New York, KeyBank, Merrill Lynch, Manulife Financial, Bell Canada and the Canada Post/Cebra's Electronic Post Office - EPOST, use Xenos Group software to transform and distribute more than a billion document pages every year. Xenos Group's Documorph(TM) software lets companies rapidly implement personalized e-statements and Internet bill presentment, enabling the benefits of 1:1 marketing, cross-selling opportunities and closer customer relationships. About Just in Time Solutions Just in Time Solutions is a leading provider of complete software solutions for Internet billing and interactive customer care. The company's modular BillCast(TM) software suite enables relationship-centric billers to deploy secure, scalable solutions for personalized billing, payment and service delivery that increase the value of each customer interaction. Just in Time Solutions helped pioneer the Open Financial Exchange (OFX) standard for online bill presentment and the thin consolidator model, and continues to champion open standards. Founded in 1995 and based in San Francisco, Just in Time Solutions' customers include some of the largest billing organizations and service providers in the industry, including AT&T, Bank of America, Intuit, Output Technology Solutions, Spectrum and Wells Fargo. For more information, please visit www.justintime.com or call (415) 553-6400. About the BillCast Platform BillCast(TM) 2.0 is a modular, enterprise-class suite of applications designed to provide billers and bill publishers with a sophisticated end-to-end solution for personalized bill presentment, payment and service delivery. Based on open standards, BillCast 2.0 enables billers to use the electronic bill as a platform for delivering advanced self-care applications. Using a single BillCast application, billers can publish e-bills directly on their own Web sites and simultaneously publish bill summaries to consolidators such as home banking Web sites or portals. --30--mj/ny* CONTACT: Xenos Group Linda Montgomery/Angela Vanderburg 905/709-1020 marketing@xenosgroup.com or Environics Communications (media only) Megan McDonnell, 203/325-8772, ext. 14 mmcdonnell@environics-usa.com or Just in Time Solutions, Inc. Victoria Schreiber, 415/553-6427 victoria@justintime.com KEYWORD: TEXAS CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET E-COMMERCE SOFTWARE BANKING PRODUCT MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *