Here's the 8/26/97, Press Release showing what Siemens & FNTN are working on. Investors, this is why we are buying FNTN now & holding longterm:
This is why FNTN is going to be Hot, Hot, Hot!!!
28/08/97 - Siemens Pyramid
Siemens Pyramid Server Technology to
Power World's First Online Secure Video
Network for Financial Community
New York-based Financial Intranet selects
Siemens Pyramid to drive high-end, multimedia
network providing video training, product,
marketing and communications services to
brokers, dealers and mutual fund agencies
SAN JOSE, Calif. (August 26, 1997) -- Siemens Pyramid
Information Systems, Inc. today announced that Financial
Intranet, Inc. (OTCBB: FNTN) has selected Siemens Pyramid(R)
to provide hardware, software and other components for its
multimedia information delivery system serving the financial
community. New York-based Financial Intranet is scheduled to
deliver video-on-demand learning services, interactive video
teleconferencing, customer lead generation, mutual fund product
information and state-of-the-art communications services to its
members via a secured intranet connection starting early fourth
quarter 1997.
Financial Intranet's high-end network linking independent brokers,
dealers and mutual fund agencies will be the world's first
video-on-demand resource delivering secured video information to
the financial community. The network will serve as Financial
Intranet's primary information delivery channel to its subscribers in
the United States, Canada, Europe and the Pacific Rim.
"In addition to serving our subscribing members, we will use
Siemens Pyramid servers on our Web site for individual investors
looking for an online resource to help them evaluate their
investment options," said Michael Sheppard, president and chief
operating officer of Financial Intranet. "When evaluating
technology to help deploy our services, we found that Siemens is
the only company that offers all the products and services we
need. We expect that Siemens Pyramid is only our first partner
among the Siemens group of companies."
Sheppard added, "Along with the performance that's critical to our
real-time information delivery, Siemens Pyramid brings proven
experience in creating advanced data warehousing solutions to
our team."
Supported by an RM600 E enterprise server and three RM400 C
workgroup servers from Siemens Pyramid, the network will unify
Financial Intranet's diverse resources and future international
branches, establishing an easily accessible, virtual storefront for
customers to receive investment data and services.
Initial financial resources and services provided by the network
include:
MULTI-CAST DISTANCE LEARNING, which will facilitate
training through the use of real-time video and stored
multimedia presentations. This service will include digital,
on-demand access to training and sales fulfillment material
from participating mutual funds and other creators of
investment products. This will also offer presentations and
training materials to prepare brokers and dealers for exams
administered by the National Association of Securities
Dealers and the National Futures Association.
MULTI-CAST VIDEO CONFERENCING, which will enable
mutual fund agencies to interact with brokers and answer
their questions on new products and services in real-time
video. Multi-point video conferencing will make these
sessions available via the Internet or dedicated lines,
depending on the subscriber's needs.
ONLINE INFORMATION RESOURCES, which will give
individual investors real-time access to financial information
over the Internet. Through data mining search systems,
investor candidates will be profiled and matched with the
appropriate broker or dealer.
REAL-TIME MARKET DATA, which will provide
subscribers with the latest information on private
placements, IPOs, mergers and acquisitions, and quote
pages from stocks, commodities, options and mutual
funds.
"With the thousands of mutual funds that investors have to
choose from, the financial service providers who can deliver the
most value to their clients will be those who have nearly
instantaneous, up-to-date knowledge of the investing world at their
fingertips," said James Guilmart, senior vice president of sales
and marketing at Siemens Pyramid. "By centrally housing this
vast array of information and distributing it to its subscribers via a
secured, high-speed network, Financial Intranet demonstrates
how technology can revolutionize and improve the business model
in today's information age."
About Financial Intranet, Inc
Financial Intranet, Inc., headquartered in New York City, is a
developer of a secured intranet that enables all participants to
increase asset base, lead generation and marketability to the
public and the financial community, as well as reduce costs for
real-time financial data, communications, advertising, education
and training. The company's network will allow all participants
Internet access, video-on-demand, live interactive video
conferencing, state-of-the-art communications services and
access to Financial Intranet's databases. The company's Internet
address is fntn.com.
About Siemens Pyramid Information Systems, Inc
Siemens Pyramid is a leading provider of scalable enterprise
servers delivering the industry's most complete range of
computing solutions from the desktop to the data center.
Together, Siemens Pyramid and parent company Siemens
Nixdorf Informationssysteme AG have a presence in 58 countries
and more than 230,000 UNIX and NT system installations
worldwide. The Siemens Pyramid and Siemens Nixdorf combined
mid-range systems operations represent over $1.9 billion in sales
worldwide and make the combined company one of the largest
providers of systems in the commercial server market. Siemens
Pyramid provides premier strategic services for business-critical
environments complemented by a full suite of professional
programs and support tools that help customers successfully
implement scalable enterprise computing. Additional information
is available on the Siemens Pyramid World Wide Web site at
siemens-pyramid.com.
Pyramid is a registered trademark of Siemens Pyramid
Information Systems, Inc. All other trademarks used herein are
the property of their respective owners. |
