Xenos Becomes First in Electronic Document Presentment Market to Offer Support for Popular Linux Operating System
E-doc Presentment Leader Enables Clients to Run Its Software On All Contemporary Production Platforms.
TORONTO and DALLAS--(BUSINESS WIRE)--Dec. 14 1999-- Xenos Group (TSE: XNS - news), a leader in software for online document, statement and bill presentment, today announced Linux operating system support for its Documorph(TM) and transform product families. Linux, a free UNIX-type operating system, supports a wide range of software and is rapidly becoming a popular OS in the booming e-commerce industry.
''The addition of Linux support to our product line enables Xenos to deliver on its promise to clients: we provide best-of-breed solutions in the electronic document presentment business -- period,'' says Martin Heenan, President of Xenos. ''This reaffirms Xenos' position as the leader in the North American online document, statement and bill presentment industry, which is predicted to grow at lightning speed.''
Xenos continues to define the electronic document presentment market space, a subset of which Killen & Associates, a leading market research and consulting firm, recently has examined. In fact, a study Killen recently conducted for Xenos predicted a $32 billion North American electronic statement and electronic bill presentment and payment (EBPP) market by 2005.
''The e-statement market in North America is emerging as one of the fastest-growing presentment markets, with average annual growth rates ranging almost 50% through 2005,'' says Michael Killen, President of Killen & Associates. ''Xenos Group is well positioned by focusing on this emerging market.''
About Xenos' product line
A flexible and robust solution for online customer communications, Xenos' Documorph is the only product today that successfully handles all of the ''big four'' presentment standards: HTML, PDF, TIFF and XML. The software enables companies to rapidly and seamlessly implement their e-documents, e-statements and e-bills. The company's transform products are ''filters'' that take a print stream in a specific format and restructure it to be compatible with a different printer data stream.
''Adding support for Linux ensures that our clients can run our software on all contemporary production platforms, including MVS, S/390, AIX, HP UX, Sun Solaris, NT, and now Linux,'' says Stephen D. Poe, Chief Technology Officer for Xenos. ''Our products deliver cutting-edge technology to help customers address their business needs on all contemporary production platforms.''
Linux support will be available for Xenos' Documorph and the entire family of transform program products in beta versions in the first quarter of 2000.
Linux is a freely distributed implementation of UNIX. It supports a wide range of software, and corporations are increasingly using the OS as a production server. Linux includes true multi-tasking, virtual memory, shared libraries, demand loading, proper memory management, TCP/IP networking, and other features consistent with UNIX-type systems. You can find more information at www.linux.org.
About Xenos Group
Based in Dallas and Toronto, Xenos Group (TSE: XNS - news, www.xenos.com - news) is a leader in software for online documents, statements and bills. Using the world's most advanced transformation technology, the company gives customers the ability to convert high-volume printed paper documents to any electronic format on any contemporary production 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 e-documents, e-statements and e-bills, enabling the benefits of cost savings, cross-selling opportunities and closer customer relationships.
-- For participation in the beta program, please contact sales@xenos.com.
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Contact:
Xenos Group
Angela Vanderburg (marketing contact)
(905) 709-1020
marketing@xenosgroup.com
or Stephen Poe (technical support contact)
(972) 857-0776
spoe@xenosgroup.com
or
Environics (media only)
Megan McDonnell
(203) 325-8772, ext. 14
mmcdonnell@environics-usa.com
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