SYNL news , going ..
Syntellect (Nasd:SYNL)
Recent price-$2.38
52 Week high-$3.38
52 Week low-$1.63
Shares Outstanding 13.6 milion
Float-6.5 million
SYNL develops, markets and integrates voice and integration voice and
information processing asystems and application software worldwide, and
provides an interactive transaction based service bureau for customers
who prefer to outsource their voice procesing applications.
Revenues decreased 13% to $48.2 million in 1997 with net income
increasing to $141,000 vs. loss of $2.8 million. Results included one
time patent gain of $7.9 million.
Institutions own 19.9% vs. 45.5% average for communications Equipment
industry.
Cox Communications-8.5%
T Rowe Price-5.18%
Insiders own 25%.
Gross margin-46.7% vs. industry average 42.9%
Nelson
.10 for 1998
.23 for 1999
2 analysts-Brean Murray Foster-Market Perform
Kaufmann Brothers-Buy
News Today
Thursday May 7, 8:02 am Eastern Time
Company Press Release
SOURCE: Corillian Corporation
Syntellect Inc. & Corillian Corporation Join Forces to Deliver
Integrated Banking Solutions
Linking Syntellect's VISTA(TM) & Corillian's Voyager Platform Delivers
Unified Architecture for Internet Banking and Voice Response
BEAVERTON, Ore., May 7 /PRNewswire/ -- Syntellect Inc. (Nasdaq: SYNL -
news), a leader in voice response solutions and Corillian Corporation,
the leader in home banking software, today announced a strategic
alliance to link their platforms and move toward a unified, integrated
architecture for delivering one virtual access platform to both
telephone banking and Internet banking customers.
The alliance combines Syntellect's open Vista(TM) software platform for
Interactive Communications Management (ICM), with Corillian's Voyager
platform for Internet based transactions. By working closely together,
the companies are able to optimize the synergy between their
architectures. The unified architecture, which is based on Windows(R) NT
and DCOM allows a common set of business rules to be shared by multiple
user interfaces. The result is an integrated voice response (IVR) and
Internet commerce solution that shares database access to critical
end-user functions like core banking and bill payment.
''This alliance supports our vision of application inter-operability,''
according to Corillian's chairman and CEO Ted Spooner. ''This is a prime
example of integrating two delivery products, designed with different
business logic, to a common platform.''
Commenting on the alliance with Corillian, Larry Bradner, Syntellect's
CEO said, ''this alliance will open the doors for our customers who want
to integrate their existing IVR architecture with a leading Internet
banking platform.'' ''Corillian has demonstrated their skills in
developing and delivering a high performance Internet banking solution
to a number of innovative financial institutions,'' continued Bradner.
Syntellect's Vista platform provides the universal experience of
delivering financial services transactions over telephones, screen
phones, pagers, faxes and related technology devices. Vista's open and
scalable client-server architecture makes it very easy for financial
institutions to implement large call center operations and applications.
The Voyager platform, used by many of the country's top 100 financial
institutions and processors, provides a complete Internet commerce
solution that supports Browser-based (HTML) user interfaces, and
OFX-enabled personal financial management software packages. Voyager
simplifies a financial institution's implementation of Internet Banking
by providing turnkey server application modules for banking, bill
payment, brokerage and host connectivity.
About Syntellect Inc.
Founded in 1984, Syntellect Inc. is a leading global provider of
comprehensive Interactive Communications Management solutions. Products
and services for enterprise call centers include interactive voice
response, interactive web response, predictive dialing technology,
computer telephony integration, and Syntellect Interactive Services --
one of the world's largest fully automated call centers for those
customers that prefer to outsource their calling requirements.
Syntellect is the only company in the world to provide comprehensive
inbound and outbound systems, systems integration, and out-sourced IVR
services. The company has installed over 13,000 systems for more than
3,000 customers in 55 countries worldwide, making Syntellect's installed
base one of the largest in the industry. Syntellect focuses on
financial, telecommunications, media, healthcare and utilities
industries. The company is headquartered in Atlanta, Georgia and has
offices in Phoenix, Arizona and in the United Kingdom. For more
information visit Syntellect at syntellect.com.
About Corillian Corporation
Based in Beaverton, Oregon, Corillian is the leading provider of
end-to-end Internet banking solutions that help financial institutions
become on-line financial service providers. The Voyager platform is
built on the Windows NT operating system and uses the latest Microsoft
communications technology, Distributed COM (DCOM). Voyager server
applications support banking, bill payment, and brokerage transactions.
Voyager handles transactions for Corillian's customizable browser-based
(HTML) financial interface, Corillian's MoneyPAD(TM) Personal Finance
Appliance (PFA), and OFX-enabled PFM's like Quicken(R) and Microsoft(R)
Money. The Voyager server solution is the first and only server to be
certified by Prosoft, the OFX alliance's certification partner. For more
information visit corillian.com.
SOURCE: Corillian Corporation
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