To: brad greene who wrote (5422 ) 12/1/1997 6:36:00 PM From: Night Writer Respond to of 26039
bg Internet banking. NW Subj: Crystal Clear Technology Announces i24 Internet Banking... Date: 97-12-01 16:10:51 EST Crystal Clear Technology Announces i24 Internet Banking Product OMAHA, Neb., Dec. 1 /PRNewswire/ -- Crystal Clear Technology, Inc., a subsidiary of Transaction Systems Architects, Inc. (Nasdaq: TSAI), today introduced i24 Internet Banking -- Microsoft(R) Windows NT(R) based software product which will provide a variety of Internet banking services for financial institutions. Services provided include browser-based banking over the world wide web and online support for personal financial management software using the Open Financial Exchange (OFX) messaging standard jointly developed by Microsoft, Intuit, and CheckFree. i24 will be available for initial implementation testing with customers during the second quarter of 1998. "We're designing i24 to support popular consumer Internet software products," said Joel Molyneaux, vice president of electronic commerce at Crystal Clear Technology. "It will enable financial institutions to provide convenient electronic banking services over the Internet, supporting the browsers and PC financial software most often used by their customers." The first release of i24 on Windows NT will support integration with BASE24 remote banking products -- BASE24-telebanking and BASE24-billpay -- available from Crystal Clear affiliate Applied Communications, Inc. (ACI). BASE24 products operate on Tandem(R) NonStop(R) servers and are used to drive devices and authorize and route transactions. Combining the open systems technology of i24 and Windows NT with BASE24's proven transaction processing engine enables Crystal Clear and ACI to meet the needs of financial institutions planning high-volume deployment of Internet banking services. "Using i24 with BASE24, our customers can deliver consistent remote banking services across all delivery channels," said Jeff Hale, vice president of the ACI product company. "An institution which already deploys our BASE24-atm and BASE24-pos products, for example, can consolidate a consumer's remote banking activity -- whether initiated by browser over the Internet or at an ATM or POS terminal -- through a single online network which consistently reflects all electronic transactions. The combination of i24 and BASE24 allows us to offer the end-to-end architecture our customers need to support their rapidly converging electronic delivery channels, including the integration of Internet-based banking into their traditional channels." i24 will utilize key Microsoft NT technologies to achieve high-volume scalability and reliability while allowing customers to leverage and build upon readily available Microsoft NT server products. i24 will take advantage of Microsoft's Component Object Model (COM) architecture, Microsoft Transaction Server (MTS), and Active Server Page (ASP) technologies for Internet transaction processing and will utilize the Microsoft Internet Finance Server Toolkit (MIFST) as a standard foundation for supporting OFX client applications. Crystal Clear Technology, Inc., and Applied Communications, Inc., are subsidiaries of Transaction Systems Architects, Inc. Transaction Systems' software facilitates electronic payments and electronic commerce by providing consumers and companies access to their money. The company's products are used to process transactions involving credit cards, debit cards, smart cards, remote banking services, checks, wire transfers and automated clearing and settlement. Its solutions are used on more than 2,500 product systems in 69 countries on six continents. Visit TSA, Crystal Clear Technology, and ACI on the World Wide Web at tsainc.com . Microsoft, Windows, and Windows NT are registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries. Tandem and NonStop are trademarks of Tandem Computers, Inc., a Compaq company. BASE24 and i24 are trademarks of Applied Communications, Inc., and Transaction Systems Architects, Inc. SOURCE Crystal Clear Technology, Inc. CO: Crystal Clear Technology, Inc. ST: Nebraska IN: CPR MLM SU: PDT