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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