Stockmeister and Radim, let me add some more to the new FNTN story. When I talked to the company last, I mentioned that there was a lot of speculation about what was going on with the company. I posed several possibilites to Mr. Sheppard. He replied that all we needed to do was to go back to this joint PR from Siemens and FNTN and read the words that were there! I include a copy of the PR for your pleasure. It was posted in August of 1997. I think if you couple this PR with the e-mail we posted earlier, you have as full a picture as we are going to get. I will also add, that there is much to make us believe that there is going to be a major release SOON. I have not date, but I believe that it will be in the next week or two. I know this is a bit "hype-ridden" but if you look at the support that a major company like Siemens is giving to this upstart company, things start to fall in place. I also encourage you to go to the web site and play the stock holder meeting video and listen to Stephen Weller. He is an Exec from Siemens that was given permission by Siemens to sit on the BOD. If you don't think that is supportive, you best be in BONDS!
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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., Aug. 26 -- PRNewswire -- Siemens Pyramid Information Systems, Inc. today announced
that Financial Intranet, Inc. (OTC-Bulletin Board: 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.
SOURCE:
Siemens Pyramid Information Systems, Inc.
Contact:
Karen O'Brien of Siemens Pyramid Information Systems, Inc.,
408-428-7169
kobrien@siemens-pyramid.com
or Michael Bendel of A&R Partners
415-363-0982 ext.234
or Michael Sheppard, 914-693-5049 or Maura Marx, 914-693-2771
both of Financial Intranet, Inc.
Copyright © 1998, Financial Intranet, Inc.
Questions? Comments? Email us at info@fntn.com
Corporate Offices: 914.693.5060 |
