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Sector, Inc. and AXS-One Announce Strategic Alliance
Sector to Offer AXS-One Enterprise Compliance Platform in Hosted, ASP or Hybrid
Environment
NEW YORK, and RUTHERFORD, N.J., March 22 /PRNewswire-FirstCall/ -- Sector,
Inc.(R), a leading managed services, communications and data distribution
provider for the financial services industry, and AXS-One Inc., a leading
provider of enterprise compliance platform solutions, today announced a
strategic alliance enabling both organizations to offer the AXS-One(R)
Compliance Platform for Email and Instant Messaging Archival, Supervision, and
Discovery in a hosted, ASP or hybrid environment. Because the proposed alliance
offers customers several options, they can select the environment that best
aligns with their internal technology infrastructure and operations.
Through the alliance, Sector will utilize AXS-One's Enterprise Compliance
Platform, a platform solution that assists any organization in establishing
centralized policy and enforcement controls for management and compliance
objectives for electronic communications and records management. The Sector
Email and IM compliance solution complements AXS-One's software value by
providing customers with multiple options for deploying and managing acompliant
email archive, with long term retention for SEC Rule 17a-4 managed disposition,
supervisory review functionality for NASD 3010 and for quickly responding to
legal and audit requests. Customers can now have Sector host their software and
subscribe to the Sector fully managed service, or select a hybrid approach of an
in-house and hosted solution. This ability helps businesses to more easily
align their compliance solution with the requirements of their internal
technology infrastructure, while speeding implementation, controlling costs, and
maintaining a high level of security and service.
"In the financial services industry, firms of all sizes and capabilities have
trusted Sector for reliable, cost-effective solutions that provide flexibility
to meet their specific needs," stated Fred Del Gaudio, President and CEO of
Sector, Inc. "Our alliance with AXS-One is a natural fit, given its
long-standing reputation for providing SEC and NASD-compliant solutions for the
financial services industry. Additionally, its Linux alternative for the
archive is very appealing because many larger firms are moving in this
direction. AXS-One's ease of implementation and flexibility has been proven in
all of our implementations."
"We are excited about partnering with Sector to increase the number of options
available to customers to implement the AXS-One Compliance Platform for Email
and Instant Message Management," stated Peter Mojica, vice president, product
marketing and management for AXS-One. "The complementary synergy of AXS-One and
Sector offers highly scalable, complete solutions with unparalleled domain
expertise in the financial services and regulated industries. Together we will
provide rapid activation and implementation of compliant solutions for meeting
the industry's needs for today with constant anticipation of what is needed for
the future."
About AXS-One
AXS-One (AMEX:AXO) is a provider of supply chain management solutions for
service industries that extend the finance function and allow organizations to
work collaboratively with their partners, suppliers, employees, and customers
while preserving investments in existing systems. AXS-One has implemented
high-volume, interoperable, scalable, and secure business solutions for the
global 2000. Its Web Services-based technology has been critically acclaimed as
best of class. AXS-One has approximately 250 employees in offices worldwide,
including Australia, Canada, Singapore, United Kingdom, United States, and South
Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey,
U.S.A. For further information, visit the AXS-One web site at
http://www.axsone.com/.
About Sector, Inc.(R)
Sector, Inc., the subsidiary of the Securities Industry Automation
Corporation(SM) (SIAC(SM)), offers a wide range of high value communications,
networking, and managed services, which include email archival compliance,
outsourcing, facilities management, disaster recovery, E solutions, enterprise
services, network, and data distribution services. Headquartered in New York
City, Sector, Inc. has regional offices in Chicago, San Francisco, and Boston.
More information can be found at http://www.sectorinc.com/.
AXS-One, the AXS-One logo, "Access Tomorrow Today," AXSPoint, and TransAXS are
registered trademarks of, and e-Cellerator, AXS Desk, "AXS-One Collaboration
FrameWorks," SMART, and Tivity are trademarks of, AXS-One Inc., in the U.S. All
other company and product names are trademarks or registered trademarks of their
respective companies.
Sector, Inc. Contact: AXS-One Contact:
Joyce Smith Dawn Ryan
(212) 383-2168 (201) 372-6243
DATASOURCE: AXS-One Inc.
CONTACT: Dawn Ryan of AXS-One, +1-201-372-6243, ; or
Joyce Smith of Sector, Inc., +1-212-383-2168,
Web site: http://www.axsone.com/
http://www.sectorinc.com/