Business Services Industry

IntraNet's MTS Software Application Now Available On New IBM eServer; IntraNet Teams With IBM To Provide Powerhouse e-business Platform

Business Wire, Oct 4, 2001

Business Editors

NEWTON, Mass.--(BUSINESS WIRE)--Oct. 4, 2001

IntraNet, Inc. (Nasdaq:TSAI), a leading international provider of enterprise electronic payment solutions, today announced support for the IBM eServer pSeries 690, which was introduced today. Fueled by IBM's breakthrough POWER4 microprocessor and self-managing capabilities, the new IBM eServer is an excellent complement to IntraNet software and an ideal platform on which to run IntraNet's Money Transfer System(TM) (MTS(TM)) payment processing application.

The IBM eServer p690 server increases the range of manageable and scalable IBM platforms for IntraNet's industry leading, high-volume corporate payment processing solution. The combination of MTS and the new IBM eServer system provides a highly reliable and scalable e-business infrastructure.

IntraNet's MTS software provides high-volume, real-time, mission-critical corporate electronic payment processing that employs enhanced routing logic to maximize a bank's ability to accomplish straight-through processing. MTS combines proven reliability with scalability and exceptional flexibility designed to optimize efficiency in corporate-payment processing environments. MTS is an integrated payments solution for domestic and international funds transfers, and is a strategic component of IntraNet's PaymentWare(TM) suite of solutions designed to meet the messaging and payment processing needs of the wholesale banking industry.

"IBM's new p690 will give us the performance boost needed to handle the transaction growth of our largest customers," said Jonathan Edwards, chief technical officer of IntraNet. "AIX 5 provides the reliability and manageability required by our highly critical application and our uncompromising customers."

"Working in partnership with leading software vendors like IntraNet, IBM offers a comprehensive portfolio of solutions to effectively manage a company's e-business infrastructure," said Val Rahmani, vice president marketing operations, IBM Web Servers unit. "As an industry-leading platform for IntraNet's MTS software, the new IBM eServer p690 meets the business-critical needs of our customers' most demanding computing environments."

The IBM eServer pSeries 690 is a datacenter-class UNIX server, containing up to 32 POWER4 microprocessors. POWER4--the world's first dual-processor computer chip--incorporates IBM's innovative copper and silicon-on-insulator technology, providing the p690 with superior performance over the competition.

The IBM eServer p690 also provides mainframe-inspired logical partitioning support to consolidate workloads and improve total cost of ownership. The p690 has an extensive range of flexible configuration options--including support for Linux within a partition--for unmatched compatibility and interoperability.

The IBM eServer pSeries 690 runs AIX 5L, the industry's most open UNIX operating environment. AIX 5L provides increased levels of integration, flexibility and reliability essential for meeting the high demands of today's e-business applications.

About IntraNet, Inc.

IntraNet, Inc. is the industry leader in international payments and messaging processing solutions for financial institutions. IntraNet's PaymentWare(TM) suite of software products provides maximum performance and dependability in highly complex and real-time wholesale financial environments, including large value and bulk file payments processing. Some of the world's largest financial institutions use IntraNet software to move money, settle multiple currencies and streamline back office operations. The success of IntraNet's solutions reflects 25 years of real-time and accounting experience in developing and delivering business-critical banking systems. IntraNet solutions are installed in over 100 financial institutions around the world. They operate on a variety of hardware platforms including IBM's e-server pSeries and Compaq NonStop Himalaya. IntraNet is a Premier Business Partner in IBM's PartnerWorld for Developers program and has an on-going Strategic Alliance agreement with IBM. IntraNet is a division of TSA (Nasdaq:TSAI). Visit IntraNet at www.intranet.com.

For more information about IBM products and services, visit www.ibm.com/servers/eserver.> IBM, the e-business logo, AIX and pSeries are trademarks of IBM Corporation in the United States and/or other countries.

Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.'s ("TSA"), its subsidiaries or third parties' expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially. Factors that could cause actual results to differ include but are not limited to the following.

 

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