CSP
Inc. Announces OEM Partnership Between MODCOMP and Financial
DataCorp
Licensing
Agreement Broadens Use of ViewMax; Bolsters Web Front-End for
Premier Bank Systems
Ft.
Lauderdale, Fla., June 7, 1999 -- CSP Inc. (NASDAQ:CSPI) announced
that its MODCOMP, Inc. subsidiary, a developer of Internet software
solutions, has entered into an OEM licensing agreement with
Financial DataCorp, a software manufacturer, which sells complete
financial systems to credit unions and community banks. Under
the terms of the agreement, Financial DataCorp will bundle MODCOMP's
Web-to-host software, ViewMax(TM), to create a Web front-end
for its bank management solution.
By
integrating ViewMax with its banking solution, Financial DataCorp
will provide credit unions and community banks with intranet
and Internet access to their mainframe data through a Web interface,
allowing bank employees to manage customer account information
from work or home using a browser at their desktops. ViewMax
selectively extends information from legacy systems so users
can access and update the data from a Web browser.
"As
a leading provider of Web-to-host solutions, we continue to
pursue opportunities that strengthen our position in the e-business
market," said Gary Fowler, vice president, sales and marketing,
MODCOMP Internet Products Division. "This agreement with
Financial DataCorp expands our presence into the banking community
and adds to the portfolio of Web-to-host applications supported
by ViewMax."
Using
the ViewMax 3151 terminal interface, MODCOMP and Financial DataCorp
will create the new browser-based front end to the banking solution
without having to modify any of the existing code. Financial
DataCorp runs its applications on AIX¨ machines, such as IBM
RS/6000¨ and Escala¨ servers from Bull Worldwide Information
Systems.
"We
were looking for emulation that was native to the UNIX¨ environment,"
said Bob Mariotti, executive vice president and CTO at Financial
DataCorp. "With MODCOMP's ViewMax, we are able to offer
a server-centric solution using one product, rather than complex
layers of multiple applications. This makes the system easier
for our clients to manage and control."
This new solution will deliver browser-based access to data
across wide area networks (WAN), intranets, and secure Web sites,
offering more flexibility and options than fat client solutions.
Bank customer service representatives, executives, and telecommuting
employees will benefit from the browser capabilities of intranet
and remote Internet access, while tellers can continue to use
a character-based terminal to process customer transactions
in a homogeneous environment.
About
Financial DataCorp
Financial DataCorp is a leading credit union and banking system
provider based in Glastonbury, Conn. Its staff has more than
20 years of experience designing and implementing high quality
and reliable data processing systems that provide better service
through technology. For more information call (888) 202-4181,
email at info@cunix.com, or visit the Financial DataCorp Web
site at www.cunix.com.
About
CSP Inc.
Based in Billerica, Mass., CSP Inc. (NASDAQ:CSPI), and its subsidiaries
develop and market Internet software for e-commerce, image processing
software and systems, network management outsourcing services,
and high performance computer systems. Its MODCOMP subsidiary
is a leading provider of Internet software solutions and systems
integration. MODCOMP works with third parties to develop customized
application solutions in the global e-commerce markets and has
offices in the US, UK, France, and Germany. CSP Inc. wishes
to take advantage of the 'safe harbor' provisions of the Private
Securities Litigation Reform Act of 1995 with respect to statements
that may be deemed be forward-looking statements under the Act.
Such forward-looking statements may include, but are not limited
to, statements regarding the success of the Company's and its
subsidiary's products and services. The Company cautions that
numerous factors could cause actual results to differ materially
from any forward-looking statements made by the Company. Please
refer to the section on forward-looking statements included
in the Company's Form 10-K filed November 25, 1998 with the
Securities and Exchange Commission.
To
learn more about CSP Inc., consult www.cspi.com.
To learn more about MODCOMP, Inc., consult www.modcomp.com.
To learn more about Scanalytics, Inc., consult www.scanalytics.com.
MODCOMP
Corporate Headquarters
MODCOMP, Inc., 1650 West McNab Road, Ft. Lauderdale, FL 33309-1088,
Tel: +1 954 974 1380, Fax: +1 954 977 1900, E-mail: info@modcomp.com,
URL: www.modcomp.com
###
Note
to Editors: MODCOMP is a registered trademark of MODCOMP, Inc.
IBM, AIX, SP and RS/6000 are registered trademarks or trademarks
of the IBM corporation in the UnitedStates, other countries,
or both. UNIX is a registered trademark in the United States
and/or other countries licensed exclusively through X/Open Company
Limited. All other product and company names mentioned herein
may be trademarks and/or registered trademarks of their respective
companies.
99-5
Press contact: Michelle Peloquin Riess,
(408) 230-2268, michelle.riess@attbi.com
is a subsidiary of 