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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Senator949 who wrote (73943)	12/16/1999 3:05:00 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Thursday December 16, 2:23 pm Eastern Time Company Press Release SOURCE: Compaq Computer Corporation Compaq Extends Wholesale E-payment Solution to NonStop(TM) Himalaya and Tru64 UNIX Compaq Offers Banks Broadest Platform Choice; Partners with Fundtech, and Software Integrators to Deliver Integrated Solution HOUSTON, Dec. 16 /PRNewswire/ -- Building on its overall Compaq NonStop(TM) eBusiness strategy, Compaq Computer Corporation (NYSE: CPQ - news) today announced it has expanded capabilities of the Compaq NonStop(TM) Payments Factory to provide the industry's most scalable wholesale payments e-payment solution. The Compaq NonStop(TM) Payments Factory was introduced as a Windows NT® Server-based intra-day liquidity management solution that reflects the activity enterprise-wide across the wholesale bank. This solution not only provides intra-day liquidity functions but also integrates legacy wholesale banking-related applications with data and processing functions making high- value payments processing more efficient and cost-effective. Compaq now offers these solutions on the Compaq NonStop(TM) Himalaya servers and a version that runs on the Compaq Tru64 UNIX® platform will be available early next year. In addition to a choice of platforms, Compaq provides the applications, services, and the support needed for a robust wholesale e-payment solution-key elements for mission-critical banking. ''With today's global businesses moving to 24 hour operations and industry consolidations increasing, the risk inherent in high value payments processing also increases,'' said Andrea Klein, vice president of Financial Services Industry Solutions at Compaq. ''Compaq offers the choice of multiple platforms and the high availability and scalability of systems that are essential for a continuously available wholesale payments solution for banks of all sizes. The Compaq NonStop(TM) Payments Factory solution addresses these changes in the industry and supports straight-through processing and real-time gross settlement practices that help reduce costs and risk of human error, as well as expedite the settlement of payments in real time.'' Platform Choice Provides Scalability The Compaq NonStop(TM) Payments Factory solution is currently available on the industry leading Compaq ProLiant NT servers running on Windows NT Server, as well as the highest available and fault-tolerant Compaq NonStop(TM) Himalaya servers. Providing more choice and yet another level of high performance, Compaq will offer the solution on Compaq AlphaServer systems running the Tru64 UNIX operating system. The solution provides seamless integration of the applications on combinations of these platforms, as well as the consistent and accessible data required for risk monitoring in commercial banks, central banks and multibank agencies. Compaq Services provides a complete set of professional services for the Compaq NonStop(TM) Payments Factory solution including consulting, customization, integration, and installation of the hardware and software that ensures conformance with domestic payment systems such as FedWire and international funds transfer systems such as SWIFT. Partners Bring Expertise and Pre-Integrated Software Solutions Partnerships are an integral part of the Compaq NonStop(TM) Payments Factory and key to meeting the unique needs of banking customers. Compaq has partnered with best of breed experts Fundtech and Software Integrators, to integrate specialized software with Compaq hardware platforms. Fundtech -- Provides PAYplus RTGS, a client/server funds transfer payment system that supports payment processing, liquidity management, and Real Time Gross Settlement capabilities on Compaq ProLiant and AlphaServer platforms. -- Software Integrators -- Provide COPE and STAR, which serve as the central control point where the integrated payments database, real time monitoring and reporting, and payment processing capabilities take place. This solution scales to the very largest financial institutions and runs on Compaq NonStop(TM) Himalaya servers. These new partnerships expand on the relationships already in place with FICS, Fircosoft, Financial Systems Technology, Insider Technologies, and NEON, adding value and functionality to Compaq's product offerings on one or more platforms. Availability The Compaq NonStop(TM) Payments Factory solution on Compaq ProLiant and NonStop(TM) Himalaya servers is available immediately worldwide. The Tru64 UNIX system version will be available worldwide in early 2000. The prices of these versions will depend on each customer's requirements and current infrastructure. For more information on the Compaq NonStop(TM) Payments Factory solution please visit, compaq.com. Compaq Background Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, enterprise and network storage solutions, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at compaq.com. Compaq, Himalaya, NonStop, ProLiant, and the Compaq logo registered U.S. Patent and Trademark Office. AlphaServer and Tru64 are trademarks of Compaq Computer Corporation. Windows NT is either a registered trademark or a trademark of Microsoft Corporation in the United States and/or other countries. UNIX is a registered trademark of The Open Group in the U.S. and other countries. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. SOURCE: Compaq Computer Corporation More Quotes and News: Compaq Computer Corp (NYSE:CPQ - news) Related News Categories: computer hardware, computers