Texas Holdem Poker Directory

iPlanet(TM) And Oasis

17/01/2001

California, USA - January 17, 2001 (Press Release Network): iPlanet(TM) E-Commerce Solutions, a Sun-Netscape Alliance, and Oasis Technology today announced that they have begun developing compatible software solutions for financial institutions, enterprises and service providers. Using the iPlanet(TM) BillerXpert and iPlanet BillerXpert B2B Edition software and Oasis' secure, reliable ePayment software, these organizations can quickly deploy an end-to-end Internet Bill Presentment and Payment (IBPP) solution.

Pairing the iPlanet and Oasis products leverages the "always on" access of the Internet to rapidly deploy the extended bill presentment and payment features required by online billers in B2B and B2C environments. For small and medium-sized businesses, the integrated solution offers a cost-effective alternative to large-scale, proprietary EDI systems that are costly to install and maintain. Large-scale business customers can use iPlanet BillerXpert to extend existing invoicing, bill payment and reporting services without altering their existing infrastructure. Businesses can also choose to provide bill payment through a bank-hosted web portal powered by BillerXpert, further reducing business application and infrastructure costs.

"Internet bill presentment and payment solutions enabled by iPlanet and Oasis can be deployed in multiple environments to best serve the business needs of our customers," said Stanford Au, vice president of customer relationship management solutions. "Whether it is a bank that wants to set up its own Internet bill payment portal for business customers or consumer companies that want to extend their existing customer relationships through consolidated IBPP capabilities, BillerXpert provides a ready-to-deploy solution that integrates seamlessly with their existing application services."

iPlanet BillerXpert software offers features that provide powerful competitive advantages for any business that needs to implement an end-to-end Internet billing solution. Features range from deep statement analysis and detailed reporting services, to the ability to conduct interactive marketing campaigns. iPlanet BillerXpert is fully integrated with the iPlanet Platform, the powerful infrastructure behind iPlanet commerce applications, adding scalability and reliability to the already robust billing software. By consolidating and streamlining the bill payment process for its customers, iPlanet BillerXpert enables customers to extend their services for stronger one-to-one relationships with their business and consumer customers. iPlanet BillerXpert software and Oasis' ePayment software are sold separately.

While many online billing services now offer limited services to address Internet bill payments, the vast majority of invoices are still processed manually, with expenses running between $.50 and $1.50 for the average paper-based bill payment transaction. The iPlanet BillerXpert solution opens up new opportunities to dramatically reduce the costs associated with paper-based bill presentment and payment processing from $.50-$1.50 in paper world to $.30-$.40 in IBPP, while driving recurring revenues through additional IBPP portal services like cross-selling and up-selling of new goods and services.

"As a leading provider of ePayment technology for more than 10 years, Oasis is ideally positioned to bring its payment expertise to the Internet billing market through a product like BillerXpert," said Ashraf Dimitri, president and CEO of Oasis. "Our open, component-based architecture and robust ePayment processing engine are a natural fit with iPlanet BillerXpert. Now, business customers can choose an IBPP solution that provides the security, reliability and flexibility they're looking for, while reducing the deployment and maintenance costs."

About Oasis Technology Ltd.

Oasis Technology Ltd. delivers leading mCommerce, Internet and real-world ePayment software products to Internet and traditional banks, e-tailers, retailers, and processors in more than 70 countries worldwide. Today, Internet payment systems powered by Oasis software process more than four billion transactions annually. Oasis Internet payment software products are designed for end-to-end payment processing throughout the entire payment lifecycle, bridging the virtual and real worlds of electronic payments. The company's international client base includes ABN Amro, American Express, The Bank of Montreal, Citibank, Credicard/Redecard Brazil, Diners, Europay, Golden Card (China), MasterCard and Visa International. With corporate headquarters located in Toronto, Canada, the company also operates offices in Kuala Lumpur, Malaysia, Miami, Florida, San Jose, California, and Watford, England, and supports an extensive network of international partners and sales representatives. Oasis is ISO 9001 registered. Visit Oasis online at http://www.oasis-technology.com.

About iPlanet E-Commerce Solutions

iPlanet E-Commerce Solutions, a Sun-Netscape Alliance, was established in March 1999 by America Online, Inc. (NYSE: AOL) and Sun Microsystems, Inc. (NASDQ: SUNW) to power the next wave of the Net Economy through thought leadership, technical innovation, expert services and the creation of exceptional customer satisfaction. The iPlanet(TM) Internet Service Deployment Platform is the industry's leading software environment designed to enable rapid assembly and deployment of scalable Internet services. Based on best-of-breed, open and proven technologies, the platform includes the world's #1 Messaging, Directory, Web and Application Servers. For more information, consult the iPlanet E-Commerce Solutions Web site at http://www.iplanet.com.

Sun, Sun Microsystems, the Sun Logo, iPlanet, iPlanet BillerXpert, are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. Netscape and the Netscape N logo are registered trademarks of Netscape Communications Corporation in the U.S. and other countries. Other Netscape logos, product names, and services names are also trademarks of Netscape Communications Corporation, which may be registered in other countries.

Contact: Keith Briscoe
Company: Oasis Technology
Phone: 416-228-8000
Email: kbriscoe@oasis-technology.com

Contact: Lois Long
Company: iPlanet
Phone: 408-276-5699
Email: llong@iplanet.com

Texas Holdem Poker Directory - Education