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Technology Stocks : Edify (EDFY) IPO -- Any Comments? -- Ignore unavailable to you. Want to Upgrade?

To: LES READ who wrote (194)	4/16/1999 11:49:00 AM
From: TLindt	Respond to of 355

Since its introduction in 1996, Edify's Electronic Banking System has become the leading on-premise Web banking solution, with more than one hundred financial institutions as customers worldwide -- thirteen of them among the top 100 U.S. banks including Chase Manhattan Bank, First American National Bank, and Huntington Bancshares, as well as de novo Internet-only banks including Net.B@nk and Compubank. If you go back to some January releases...you will see where Edify announced at their edification 1999 show they had with their customers they announced the 100th license sale of EBS. This release says 60 are live....the one before said 50 were live. SO the point? From 1996 to the end of 1998...they had 50 Banks live for EBS, since the first of the year...that's expanded to over 100 EBS licenses sold and 60 Banks are now live. That's a healthy backlog considering it is all of what they had done in the first 2 years....and this is only the first few months of 1999....that's all.