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Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP? -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (990)	2/29/2000 12:58:00 AM
From: David H. Zimmer	Read Replies (2) \| Respond to of 1203

There have been several very interesting developments over the last week in the ESP (Electronic Statement Presentment) market. Here are a few: Last Monday, Sears, Roebuck and Co. (S) and Carrefour Supermarche SA (CARR.PA) announced GlobalNetXchange, the first global business-to-business online exchange for the retail industry. The exchange will be based on eOracle, Oracle Corp.'s (ORCL) eBusiness solution. Last Tuesday, British handheld computer maker Psion PLC announced the SyncML initiative. SyncML is being developed in conjunction with IBM (IBM), Lotus, Motorola Inc. (MOT), Nokia Corp. (NOK), Palm Inc. and Starfish Software. Its intent is to develop an open platform-independent standard for synchronizing remote data with handheld devices. Friday, Reuters reported an Oracle (ORCL) announcement that it will power a business-to-business online procurement network linking General Motors Corp. (GM), Ford Motor Co.(F) and DaimlerChrysler AG (DCX)(DCXGn.DE), a deal expected to generate billions of dollars in transaction fees. Also on Friday, IBM Corp. (IBM) and AT&T Corp (T). announced an alliance to enable businesses to provide access to corporate networks to mobile workers using wireless handheld devices and cell phones. This Monday, America Online Inc. (AOL) announced partnerships to enhance its AOL Anywhere strategy which will allow its millions of members to access several AOL features such as news and financial information using mobile devices. Partners include cellular phone makers Nokia Corp. (NOK) (NOK1V.HE) and Motorola Inc. (MOT), Canadian wireless device maker Research in Motion Ltd. (RIMM), wireless service providers Sprint PCS (PCS)(NYSE:FON) and BellSouth Corp. (BLS), and paging services company Arch Communications Inc. (APGR). Tomorrow morning, you will read that IBM Corp. (IBM) unveiled its WebSphere Transcoding Publisher, software that would make it easier to obtain information from the Internet using a wide variety of wireless devices and appliances. WebSphere Transcoding Publisher will make it possible to take current Web content and deliver it in a format that can be used by a wide variety of wireless devices. WebSphere eliminates the need to rewrite applications by customizing the content to match the capabilities of the receiving device. The software runs on Microsoft Windows 2000, Windows NT, Linux, Solaris and AIX platforms and will be available in 10 languages beginning March 31. The transcoding technology has already been introduced for real-time, interactive service for the computer reservation system and travel services company Sabre Holdings Corp. (TSG) and Nokia Group (NOK), allowing travelers to change flight plans and receive flight information from airlines using a Nokia wireless phone. Each is interesting in its own right. However, there seems to be a common theme. Quietly, Interface Systems, Inc (INTF) is rapidly establishing itself as the unquestioned leader in the Legacy-to-Internet segment of the ESP market. Oracle's eOracle uses INTF's L2i engine, IBM uses Interface's Document Server technology, and those who toured the Interface facility after the shareholders' meeting will recognize Nokia as the brand of cell phone used in the wireless demonstration, though there has been no formal announcement of an alliance. These facts place Interface squarely in the middle of each of these news items and this shows clearly that Interface is the leader of a rapidly growing market. Revenues from these deals should begin to affect the bottom line one to two quarters from now. As a result, Congressional Securities would like to reiterate its Strong Buy rating for INTF. Additional information is available upon request. To receive updates submit your email address to dhzone@concentric.net.