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Gold/Mining/Energy : Aastra Technologies - telephony, e-cash, mini-ATM -- Ignore unavailable to you. Want to Upgrade?


To: Murray Nightingale who wrote (98)5/5/1999 10:12:00 PM
From: sPD  Read Replies (1) | Respond to of 233
 
Thanks Murray - did you get a chance to discuss a potential move to the TSE (or even Nasdaq given preponderance of US business)?




To: Murray Nightingale who wrote (98)5/5/1999 10:15:00 PM
From: sPD  Read Replies (1) | Respond to of 233
 
ATM in the hand worth high-tech push?

by Shannon Sutherland, Financial Post, May 3/99

Here's some good news for those who got off the technology train at the Commodore 64 and never bothered to board again. A computer isn't required for those at the forefront of the next technological innovation in home-banking and e-cash.

A mini-ATM that allows users to withdraw electronic cash and transfer money between personal smart cards via their home phone line will be trial-tested in Sherbrooke, Que., by Royal Bank clients by mid-1999. There are no electronic hoops to jump through as there are with setting up an Internet banking account, and the device was designed to work much like public ATMs. Plug the six-by-four-inch box into the phone jack, insert the card, punch in a PIN number and make a transaction.

The hardware and embedded Java software that drives the device was developed by Calgary's AudeSi Technologies Inc. - the technology recently garnered the company an Innovations 99 award at the Consumer Electronics Show in Las Vegas last January. Of course, AudeSi's remotely upgradeable technology allows all these types of programs to be loaded on to the device. The device, which was designed by Aastra Technologies Ltd. using AudeSi's technology, also supports services such as Caller ID, visual call waiting, and voice mail.