To: myturn who wrote (44688 ) 4/26/2000 9:18:00 AM From: Tom Allinder Respond to of 150070
Sun Microsystems, Inc. Partners With IFS International to Offer Comprehensive Suite of Open System Solutions to Financial Services Industry TROY, N.Y.--(BUSINESS WIRE)--April 26, 2000--IFS International Inc. (Nasdaq:IFSH - news) has further developed its worldwide alliance with Sun Microsystems, Inc. (Nasdaq:SUNW - news) by working together in the development of leading edge solutions in the EFTPOS and payments management arena. They will jointly offer the technologies and experience to help banks, financial institutions and financial service customers develop, deploy, manage and support their critical retail payments infrastructure. David Fildes, Business Development Director at IFS stated, ``This agreement to link the sale of IFS' TPII and TP-CMS solutions with Sun Microsystems hardware means that both companies can now work together to offer our customers the most appropriate and cost effective solution to develop EFT and card payment systems. The synergy between the way the two organizations approach the market from support before, during and after a sale, ensures that the customer benefits throughout the process.'' According to Nigel Woodward, Business Development Manager, Financial Services, Computer Systems Sun Microsystems, ``The IFS suite of products is very important to Sun as it provides linkages into payments from Sun's growing presence as the platform for new electronic based customer relationships and the B-2-C e-commerce market. Cards and payments always lie at the heart of relationships and the reinforcement of our relationship with IFS helps complete the picture.'' I mentioned the cheap warrants (IFSHW) (in the 2's) yesterday... Warrants are in the money at 5.50 and don't expire until 2002. :))))) Tom