Reuters and IMlogic to Deliver Enterprise-class IM Management for Reuters Messaging; IMlogic Enables SEC Compliance, Control, Reporting and Security Across Multiple IM Networks

Business Wire, Oct 21, 2002

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Oct. 21, 2002

IMlogic, Inc., the leading provider of enterprise-class instant messaging infrastructure software, and Reuters, the global information, news and technology group, today announced a strategic alliance to provide enterprise-class instant messaging management for Reuters Messaging customers. The first deliverable of this alliance will be available shortly.

Reuters Messaging customers using IMlogic IM Manager receive benefits across two broad areas. First, IM Manager offers powerful reporting and compliance features for Reuters Messaging customers. Second, for companies using Reuters and other IM systems, IM Manager provides a centralized, enterprise-wide solution for controlling, reporting, archiving and compliance of IM usage.

Lewis Knopf, managing director of Reuters Collaboration Services, said, "Reuters customers have been asking for an open, standards based solution for real time business collaboration. IMlogic IM Manager is a proven enterprise IM management and compliance solution. By linking IMlogic with Reuters Messaging, our customers can focus on servicing their clients, assured that their communications and firms are protecting and meeting industry regulations."

"When leaders collaborate, their clients receive the ultimate benefit of best-in-class solutions backed by unmatched service and support," said Francis deSouza, CEO of IMlogic. "This alliance with Reuters demonstrates the value of the IMlogic technology in helping organizations bring compliance, control, reporting, and security to traditionally unmonitored and uncontrolled IM networks."

About Reuters

Reuters (www.about.reuters.com) is the leading global provider of financial information, news and technology solutions to financial institutions, the media, businesses and individuals. Reuters strength is our unique ability to offer customers a combination of content, technology and connectivity. Our premier position is founded on continuous technological innovation and a reputation for speed, accuracy, integrity and impartiality. We have over 18,000 staff in 97 countries, including some 2,498 editorial staff in 198 bureaus serving approximately 150 countries, making it the world's largest international multimedia news agency. In 2001, Reuters had revenues of (pound)3.9 billion.

Reuters, working with Microsoft and 25 leading financial institutions, has developed Reuters Messaging, a new high security instant messaging (IM) service for the world's financial services industry. The service offers institutions access to a fast, cost effective, encrypted, and firewall-compliant communications channel covering their entire enterprise and reaching out to their customers and suppliers.

Reuters and the sphere logo are the trademarks of the Reuters group of companies.

About IMlogic, Inc.

IMlogic, Inc., headquartered in Boston, Mass, is a pioneer in delivering enterprise-class infrastructure software that helps companies control and leverage the use of Instant Messaging (IM), the world's fastest growing communications medium. IMlogic's strategic vision provides organizations a comprehensive approach for incorporating IM capabilities in business-critical communications and applications. The company's first offering, IMlogic IM Manager, lets enterprises secure, control, and report on IM usage while satisfying regulatory and compliance requirements set by HR and government agencies. IMlogic is backed by leading venture capital firms General Catalyst and Kodiak Venture Partners.