Day Trading Solutions

Parlano and xtendx Alliance to Deliver Real-Time Communications Solutions to Swiss Firms

Market Leaders Help Financial Services Firms Quickly Address Instant Group Messaging Requirements to Improve Real-Time Communications Across Organizational and Geographic Boundaries

CHICAGO--(BUSINESS WIRE)--July 20, 2004-- Parlano and xtendx today announce an alliance to provide comprehensive real-time communication and collaboration solutions to the financial services industry in Switzerland enabling better visibility of and access to people and information.
Through this relationship, Parlano and xtendx provide enhanced deployment options for financial services firms, increasing the impact that real-time communications and collaboration solutions have with key business applications and processes. The two companies will collaborate on sales and marketing opportunities leveraging their combined strengths in software development and enterprise-class solution deployment.

"For the past four years, Parlano has delivered enterprise-class instant messaging, group chat and collaboration applications for the financial services industry to improve communications, productivity and address critical issues surrounding security and compliance," stated Nick Fera, chief executive officer for Parlano. "The relationship with xtendx has broadened our market coverage and implementation experience to include a major European financial services center. Together, we jointly offer more complete coverage to our key customers and new prospects in the Swiss market. We look forward to the continued success of this relationship - and leveraging xtendx's customization and development experience to increase the number of solutions built on top of the MindAlign Collaboration Messaging Framework."

The financial services industry is undergoing rapid consolidation, a dramatically evolved regulatory and compliance environment and a tremendous increase in competition across all product and service lines. MindAlign, a real-time communication and collaboration solution, integrates with key business processes and front and back office applications to improve the quality and speed of information, increase regulatory compliance capabilities and establish stronger customer/partner relationships across the largest financial organizations in the world.

"xtendx has a strong history of providing innovative technologies and delivering enterprise-class solutions," stated Charles A. Fraefel, CEO for xtendx. "Working with Parlano has delivered a truly innovative technology upon which we have developed a number of applications to significantly improve customer satisfaction and revenue for our customers. The nature of the MindAlign framework, and its open architecture, is perfect for an organization like ours - one that specializes in combining multiple technologies into critical solutions for our clients."

As part of this agreement, xtendx has standardized its collaboration and instant messaging practice on Parlano's MindAlign Collaborative Messaging Framework.

For additional information regarding the Parlano - xtendx relationship, and our work with joint customers, please visit us on the web at www.parlano.com and www.xtendx.com.

About xtendx

Headquartered in Zurich, Switzerland, xtendx specializes in the integration and deployment of real-time communication technologies with key customer-impacting applications and business processes. xtendx allows companies to leave traditional limits behind and get closer to customers, suppliers and partners. xtendx undertakes to find new sales opportunities, increase employee productivity and customer loyalty by providing innovative solutions and services.

For more information on xtendx, please visit www.xtendx.com.

About Parlano, Inc.

Parlano helps organizations make faster and better informed business decisions. Parlano's MindAlign Collaborative Messaging Framework delivers persistent group and topic-based instant messaging and collaboration to securely connect employees, customers and partners with the right people, information and context to execute business processes more efficiently. Companies including ABN AMRO, ANZ, Group1 Trading, Investec, Standard Chartered Bank, Thomas Weisel Partners, UBS and others rely on Parlano to link trading operations around the globe in real-time. Backed by Golden Gate Capital and Oak Investment Partners, Parlano supports its customers and partners from the company's worldwide headquarters in Chicago, Illinois and its EMEA headquarters in London.

For more information, please visit www.parlano.com or contact us at (866) 727-5266 or (866) PARLANO.

Parlano, MindAlign and the Parlano MindAlign logo are registered trademarks.

All other company and product names may be trademarks of their respective owners.

Copyright (C) 2004 Parlano, Inc.

All rights reserved.

Contacts


Parlano, Inc.
Chris Rechtsteiner (Media), 312-655-8330
pr@parlano.com

[ Comment, Edit or Article Submission ]