EONTEC EXPANDS EUROPEAN OPERATIONS Thursday 22 March 2001 PDF Print Stand number GFA24 (6), Hall 18, Bank-Finanz-Systeme, CeBIT, 22-28 March 2001, Messe, Hannover Irish software vendor localises sales and customer support in Germany CeBIT, Hannover, 22 March 2001 β Eontec, the global provider of Enterprise JavaBeanβ’ (EJB)-based multi-channel banking software, today announced plans to capture the German retail financial services market. At the centre of Eontecβs plans is the opening of a new office in Frankfurt to support project management and sales operations in Germany, Austria and Switzerland. Eontec has also chosen Frankfurt - recognised as the centre of the banking community in Germany - as the location for Eontecβs series of Enterprise Java Banking Briefings scheduled to take place in May 2001. The events will provide a forum for the leading strategic and technological innovators, including Sun Microsystems, BEA and Forrester to discuss issues concerning the transition of retail banking technology. Through the briefings, key members of the retail banking community can discover how to manage the migration of technology to incorporate multiple delivery channels and environments that service customers from the location of their choice. The risks and key factors associated with deploying complex e-channel banking software, from integration and performance to the individual customer experience, will be examined and independent analysts and industry peers will provide insight into the role and importance of key delivery channels to the financial services industry. βThe market for software in Germany is renowned as the third largest in the world, with banking being recognised as one of its most dynamic growth sectors. Germany is at the forefront of innovation and there is a clear market for flexible niche solutions which utilise the latest technology,β comments Martin Purdy, executive vice president business development at Eontec. βThere is an emerging adoption of EJB component technology within German retail banks and Eontec, as a global leader, is in a position to work with them to provide software solutions and multi-channel platforms. It is essential that we maintain our first mover advantage in this field by making a clear commitment to the market.β Purdy notes: βEnhanced support to our expanding network of clients and engaging with strategic partners at a local level is essential in order to deliver the comprehensive, scalable and extensible products that European customers require. Our expansion of operations into Germany is a clear illustration of our dedication to the market." To register for the Enterprise Java Banking Briefing, Hilton Frankfurt, 23 May 2001 visit: http://www.eontec.com/briefings/ About Eontec: Eontec is the global leader in the provision of multi-channel banking solutions. Eontecβs flagship product, BankFrameβ’ is delivered through βJavaBanking.comβ the worldβs first web portal for banking developers, and via a worldwide network of system integration partners. BankFrameβs multi-channel, scalable EJBβ’ component-based solutions and tools enable banks to quickly assemble distributed banking solutions, helping them roll out new products and delivery channels. Eontec was founded in 1994 and has its headquarters in Dublin. The company has over 200 employees worldwide with offices in Ireland, US, India and UK. Current partnership agreements include: IBM, Sun Microsystems, BEA, and Perot Systems. www.eontec.com For further information: Karin Clark/Sara Toal Write Image Tel: + 44 (0) 207 959 5400 E: Karin@write-image.co.uk E: Sara@write-image.co.uk Lisa Kelly Eontec Tel: + 353 1 500 9200 E: Lisa.Kelly@eontec.com This press release was distributed by ResponseSource Press Release Wire on behalf of Metia LTD (formally Write Image Ltd) in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.