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Technology Stocks : 724 Solutions (NASD: SVNX, TSE:SVN) -- Ignore unavailable to you. Want to Upgrade?


To: caly who wrote (199)3/21/2000 4:35:00 PM
From: caly  Read Replies (1) | Respond to of 337
 
Tuesday March 21, 10:27 am Eastern Time

Company Press Release

SOURCE: Harris Trust and Savings Bank

Harris Bank First to Enroll Wireless Customers Delivers Mobile Banking Via The Sprint PCS Wireless Web

CHICAGO, March 21 /PRNewswire/ -- Harris Bank, in conjunction with 724 Solutions Inc. (Nasdaq: SVNX - news; Toronto: SVN - news) and Sprint PCS (NYSE: PCS - news), began enrolling customers for the second phase of a market trial for its Harris Wireless banking service today, making it the first U.S. bank to publicly deliver wireless access to banking and investment services,

``We launched a controlled market trial of Harris Wireless last December,' said Charlie Piermarini, Executive Vice-President, Electronic Channels, Harris Bank. ``We incorporated the feedback of users by both fine-tuning and enhancing this breakthrough service.'

Over 100 Harris Bank customers have signed-up to begin using the service this week. General availability of the service is expected this Spring.

Using the Internet infrastructure technology developed by Toronto-based software company 724 Solutions and the Sprint PCS Wireless Web, Harris Wireless provides completely mobile, secure and easy access to financial products and services via Internet-ready phones provided by Sprint PCS and Samsung Telecommunications America.

``724 Solutions is proud to continue its work with Harris Bank as it moves forward with its wireless service offering,' said Greg Wolfond, Chief Executive Officer, 724 Solutions. ``Harris Wireless is a living, growing example of the appeal and potential of wireless banking technology. This is a new era for financial services.'

``Sprint PCS pioneered the Wireless Web as consumers know it today,' said Charles Levine, chief sales and marketing officer for Sprint PCS. ``In conjunction with leaders like Harris Bank and 724 Solutions, Sprint PCS is taking our Wireless Web services to the next level by providing leading-edge, personalized financial services in a clear, mobile environment.'

Customers who use Harris Wireless will be able to:
Bank online
View account balances and transaction histories
Transfer funds between Harris accounts
Request check re-orders
Request stock and index quotes
View personal investment portfolios
Create and receive stock alerts
Check news, weather and horoscopes.
Harris Wireless, known as Veev in Canada, was introduced last December in a controlled market trial. The service will soon expand to provide access through other popular, portable Internet-enabled devices such as Palm computing devices and pagers.

Harris Bank, with $27 billion in assets, is one of the largest community bank networks in Illinois, a nationally recognized provider of private client and personal trust services, and a major Midwest mid-market corporate bank. Harris Bank, is a member of the Bank of Montreal (NYSE: BMO - news) Group of Companies. BMO is one of the largest financial institutions in North America. Visit www.harrisbank.com and www.bmo.com for more information.

Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at sprintpcs.com . Spring PCS is a wholly owned tracking group of Sprint Corporation trading on NYSE under the symbol ``PCS.'

Sprint is a global communications company at the forefront of integrating long distance, local, and wireless communications services and one of the world's largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber optic network and is a leader in advanced data communications services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers.

724 Solutions provides an Internet infrastructure solution to financial institutions that enables them to offer personalized and secure online banking, brokerage and e-commerce services across a wide range of Internet-enabled wireless and consumer electronic devices. The Company's solution currently enables consumers to access online banking and brokerage services through network service providers using digital mobile phones, personal digital assistants, two-way pagers and personal computers. 724 Solutions' common shares are listed on the Nasdaq National Market (SVNX) and the Toronto (SVN) stock exchanges. Headquartered in Toronto, Canada, the company has offices in London, San Francisco, Sydney, and Tokyo. For additional information visit www.724.com .

SOURCE: Harris Trust and Savings Bank