MODCOMP
Adds Interface Systems Inc. Legacy-to-Internet (L21™) to Its
E-Business and Legacy Conversion Capabilities
July
10, 2000, Ft. Lauderdale, FL - MODCOMP®, Inc. (www.modcomp.com),
a subsidiary of CSP Inc. (NASDAQ: CSPI) and a leading developer
of E-commerce solutions, today announced that MODCOMP will add
Interface Systems' L2i technology to its E-business and M-business
solutions and services.
Both
companies specialize in solutions that link legacy data to the
Web for E-business and have each recently announced wireless
access protocol (WAP) support for these solutions. Under the
terms of the agreement, MODCOMP will sell the L2i technology
to both its existing and new client base.
MODCOMP
and Interface expect the alliance to help address the growing
demand for legacy-to-Internet solutions and services in the
financial services industry, which relies heavily on legacy-based
back office data.
"Interface
has built a great reputation in the financial services sector
and we are looking forward to introducing the L2i technology
to our own sales channels," said Rob Crigler, vice president
E-business sales and marketing, MODCOMP E-commerce Division.
"In addition, our independent WAP capabilities have put us on
the same wavelength when pursuing new business."
According
to Crigler, MODCOMP is extending its e-services strategy by
using its ViewMax® integration software as the foundation
to provide rapid deployment of mobile applications to access
enterprise systems. Interface Systems also has recently added
wireless access protocol (WAP) support to its legacy-to-Internet
(L2I) technology platform to enable its customers to access
key financial information in a mobile environment.
"MODCOMP's
expertise in the transactional legacy access arena complements
Interface's L2i technology," said Robert Granger, vice president
of Interface's Internet Applications Group. "For firms wanting
to transfer their years of experience and technology to the
Web, the MODCOMP-Interface combination is an excellent solution."
About
Interface:
Interface Systems, Inc.'s Legacy-to-Internet (L2i) technology
allows any Internet application to access and make full use
of information stored on legacy systems. The company specializes
in Internet bill presentment and payment, as well as electronic
delivery of statements and other legacy content to the Internet,
fax, email, and other destinations. Interface helps its customers
extend the life, the reach, and the value of their existing
information systems. Interface is headquartered in Ann Arbor,
Mich., and markets its products worldwide. For more information
on Interface and its products, call (734) 769-5900, email kmah@intface.com,
or visit www.intface.com. L2i and MyCopy are trademarks of Interface
Systems, Inc.
About
MODCOMP Inc. (www.modcomp.com):
MODCOMP, Inc. is a CSP Inc. subsidiary based in Ft. Lauderdale,
Fla. The company's E-commerce Division 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 U.S.,
U.K., France, and Germany. For more information about MODCOMP,
Inc., call (800) 322-3287, email info@modcomp.com, or visit
http://www.modcomp.com.
About
CSP Inc.:
Based in Billerica, Mass., CSP Inc. (NASDAQ:CSPI) and its subsidiaries
develop and market Internet software for E-commerce solutions,
image processing software, network management integration services
and high performance computer systems. For more information
about CSP Inc., call (978) 663-7598 or visit http://www.cspi.com.
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
17, 1999 with the Securities and Exchange Commission.
To learn more about CSP Inc., consult http://www.cspi.com.
To learn more about MODCOMP, Inc., consult http://www.modcomp.com.
To learn more about Scanalytics, Inc., consult http://www.scanalytics.com.
MODCOMP,
Inc. contact: Robert Crigler, (678) 417-1731, crigler@modcomp.com
Press contact: Michelle Peloquin Riess,
(408) 230-2268, michelle.riess@attbi.com
###
Note
to Editors: MODCOMP and ViewMax are registered trademarks of
MODCOMP, Inc. All product and company names mentioned herein
may be trademarks and/or registered trademarks of their respective
companies.
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