Business Services Industry

Bankers Trust, part of the Deutsche Bank Group, Selects e-Parcel for Mortgage Backed Securities Data Delivery

Business Wire, July 12, 1999

NEWTON, Mass.--(BUSINESS WIRE)--July 12, 1999--

Bankers Trust's Corporate Trust and Agency Services business, now part of the Deutsche Bank Group, and e-Parcel, LLC, the industry leader in customized software solutions for mission critical deployment of data over the Internet, today announced it has selected e-Parcel for its corporate-wide Internet data delivery needs.

The Corporate Trust Group is the first group to use the "e-Parcel(TM) Delivery Service" to automatically deliver daily mortgage backed asset and securities data to hundreds of corporate customers. Unlike other data delivery mechanisms in which the users must manually retrieve files from a web site, e-Parcel can deliver the data right to the customer's desk or into their existing network. This eliminated the need for any user intervention in order to receive the data, making e-Parcel one of the easiest ways to deploy data.

"The e-Parcel solution was the most appropriate and effective method for delivering our content to our customers" said John Pennington, Product Manager for Structured Real Estate Products in the Corporate Trust and Agency Services business. "Unlike other solutions for data deployment, e-Parcel's automatic delivery service, on-the-fly encryption & compression, ease-of-use for our customers, and the fact that the delivery service is outsourced to e-Parcel were the strengths that we needed for quick and reliable implementation of our data delivery."

e-Parcel provides reliable delivery for Corporate Trust and its customers, especially with e-Parcel's ability to track with date and time stamping to confirm in real-time that the recipient began receiving and completed receiving the data. Additionally, e-Parcel has the ability to confirm whether the data was opened and moved.

"We are excited to be working with Bankers Trust, a part of Deutsche Bank, in providing the Corporate Trust business and its customers with an easy-to-use and easy-to-deploy Internet data delivery mechanism," said Hiroshi Kobata, President and CEO of e-Parcel, LLC. "Our aim is simply to provide the best Internet data delivery solutions for financial institutions."

The Deutsche Bank Group, headquartered in Frankfurt, Germany, is the world's largest financial services group with total assets exceeding EUR800bn. The Group is represented in 68 countries and employs more than 90,000 people. The Bank is split into five business divisions -- Global Corporates and Institutions, Asset Management, Global Technology and Services, Corporates and Real Estate, and Retail and Private Banking.

e-Parcel, LLC, is the industry leader in customized software solutions for mission critical data deployment with over 20,000 corporate customers worldwide and partnerships with Compaq, Toyota, Hakuhodo, and Dai Nippon Printing.

e-Parcel was founded in 1996 as a Division of Mitsubishi and was spun off in April of 1998 and is privately owned.

Products and services provided by e-Parcel include e-Parcel(TM) Delivery Service - secure and reliable data delivery over the internet, e-Parcel(R) SmartLoad/Agent -- agent/server software, e-Parcel(R) Smart Consultant -- remote control and screen emulation software, e-Parcel(R) Enterprise Solutions -- customized data delivery, e-commerce and e-logistics solutions.

e-Parcel competes in the online delivery market along with Tumbleweed Software, UPS Document Exchange, docSpace, and Pitney Bowes and is the only company focusing on directly delivering any type of data straight to the desktop.

For more information visit: http://www.e-Parcel.com or contact Marketing@e-Parcel.com .

Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. For further editorial information,