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EASYE Easylink Services (MM)

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Share Name Share Symbol Market Type
Easylink Services (MM) NASDAQ:EASYE NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Selestia Selects EasyLink's Production Messaging 2.0 Service to Automate Broker Communications

01/09/2005 12:30pm

Business Wire


Easylink Services (NASDAQ:EASYE)
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EasyLink Services Corporation, (NASDAQ: EASYE), a leading global provider of services that power the exchange of information between enterprises and their customers, today announced that Selestia has selected EasyLink's Production Messaging Service to automate broker communications. Selestia, an award-winning fund supermarket, provides a sophisticated suite of investment tools to the broker community in the United Kingdom, giving them the ability to construct and maintain investment portfolios, taking into account investor risk, asset allocation and fund selection, as well as obtain an audit trail. Online access, consolidated valuations, automatic portfolio rebalancing and back office integration are just some of the features provided by Selestia's service platform. Selestia has incorporated EasyLink's Production Messaging 2.0 Service into its service platform to automate the distribution of trade confirmations. To support Selestia, EasyLink developed a customized XML interpreter to process received XML data from an existing Selestia application, after which buy and sell requests are sent to brokers through EasyLink's global network. Pippa Russell, Selestia's Head of Corporate Communications, Selestia said: "This link up with EasyLink means we will be able to improve our operational efficiency by enhancing our dealing system. We are committed to developing a fully automated electronic trading platform and the addition of the EasyLink service is an important step towards this." Les Russell, Managing Director, EasyLink Services International, said: "The Selestia brand is a strong addition to EasyLink's current portfolio of blue-chip financial services providers and we look forward to developing our relationship with Selestia over the coming months. This deal demonstrates how EasyLink, through the Production Messaging 2.0 Service can customize a solution to meet a customer's exact requirements, quickly delivering significant value to their business." EasyLink Production Messaging 2.0 Service is a next generation business process automation solution for electronic distribution of high volumes of transaction documents originating in back office systems to a multiple destinations, typically as fax or e-mail messages. Customers can choose from a range of formatting options for submitting data to the EasyLink network as well as from a full set of data conversion, business rules and compliance checking capabilities, multiple options to secure the content of messages, archive and retrieval functions and message delivery via fax, e-mail, or other message or data formats. Once customers choose the level of automation and functionality required, EasyLink configures a custom solution tailored to their exact needs. About EasyLink Services Corporation: EasyLink Services Corporation (NASDAQ: EASYE), headquartered in Piscataway, New Jersey, USA with its European headquarters in London, UK is a leading global provider of services that power the exchange of information between enterprises, their trading communities, and their customers. EasyLink's clients include seven of the top ten and more than half of the Fortune 100 companies. EasyLink's networks facilitate transactions that are integral to the movement of money, materials, products, and people in the global economy, such as insurance claims, trade and travel confirmations, purchase orders, invoices, shipping notices and funds transfers, among many others. EasyLink helps companies become more competitive by providing the most secure, efficient, reliable, and flexible means of conducting business electronically. For more information, please visit www.EasyLink.com. This news release may contain statements of a forward-looking nature relating to the future events or the future financial results of EasyLink. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in the Company's reports and documents filed from time to time with the Securities and Exchange Commission.

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