NATS looks strong today. It is nice to see it rebuild its base around 8.5 as the opening of their online brokerage draws near (has to be within the next 7 weeks). Wouldn't surprise me to see a repeat of IAAC as anticipation of the site builds and more people climb on to this low floater. For now, here's a news release today:
National Securities' NSCdirect.com to Implement Sideware's "Dr. Bean" Customer Service Module CHICAGO--(BUSINESS WIRE)--February 7, 2000--National Securities Corporation, a wholly-owned subsidiary of Olympic Cascade Financial Corporation (Nasdaq: NATS and CHX: OLY), announced today that the company has signed a license agreement to implement the Dr. Bean e-Customer Resource Management Technology (e-CRMT), developed by Sideware Systems, Inc. (OTCBB: SDWSF and CDNX: SYD.U) on NSCdirect.com, the online brokerage division of National Securities.
NSCdirect.com will offer online trading and investment services in addition to National Securities' current suite of full service brokerage, cash and asset management, research, and investment banking services. Sideware Systems is a developer of customer service solutions for e-business.
National Securities, Seattle, WA, established in 1947, conducts a national brokerage business with 44 offices located in 20 states, and in several international cities.
Mr. Steven A. Rothstein, Chairman, President and Chief Executive Officer of Olympic Cascade Financial Corporation, says, ``Customer service is of critical importance in the online brokerage marketplace. The Sideware solution will afford our customer service team a complete set of tools to service our client's needs, and optimize our overall efficiency. '
``Providing a nationwide brokerage firm like National Securities with an e-Customer Resource Management is an excellent way to showcase our Dr. Bean e-CRMT to the investment industry,' states James L. Speros, President and COO of Sideware Systems, Inc., adding that, ``We are looking forward to helping National meet the customer service needs of its expanding client base.'
About Olympic Cascade Financial Corporation
Olympic Cascade Financial Corporation is a diversified financial services organization based in Chicago, Illinois. Its wholly-owned subsidiaries include National Securities Corporation, a self-clearing full-service national brokerage and underwriting firm headquartered in Seattle, Washington, and WestAmerica Investment Group, a retail brokerage business headquartered in Scottsdale, Arizona. Additional information on National Securities is available at nationalsecurities.com and nscdirect.com.
About Sideware
Sideware is an IBM ISV and Business Partner providing products, solutions and integration services. The company has coupled Dr. Bean e-Customer Relationship Management Technology (``e-CRMT') with IBM products providing a flexible e-Business ``backbone' for small companies to large corporations. The company is a Java developer and has exclusively built Dr. Bean using Java and Enterprise Java technologies. For further information on Sideware's total solution or turnkey products and services, please visit www.sideware.com. For investment information visit www.techwestmgmt.com/sideware. Sideware Systems Inc., Corporate Headquarters in North Vancouver, BC publicly trades on both the OTC Bulletin Board, ``SDWSF' and in US Dollars on the Canadian Venture Stock Exchange (CDNX) - ``SYD.U'. Sideware Corp., is Headquartered in Herndon, VA, and is the center for the company's product sales and service operations.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to the Company's estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, risks and uncertainties detailed in the Company's Registration Statement on Form S-3 (Registration No. 333-80247), filed with the Securities and Exchange Commission on June 9, 1999, as amended, and the Company's other Securities and Exchange Commission filings, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. |