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2004 2003200220012000 |
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uMonitor Announces Strategic Direction
Partnerships in Four Key Markets GERMANTOWN, TN (July 12, 2000) - uMonitor, Inc., a provider of leading-edge, Third Generation Personalization (3G/P) information aggregation services, today announced Memorandum of Understanding's (MOU) with four companies that establishes uMonitor's initial strategic business direction with representation in the Internet Services, Financial Services, Wireless, and Banking markets. ISP Alliance, Towne Services, ORBCOMM, and the Bank of Bartlett have agreed to work with uMonitor to develop a business relationship built around the company's private label information aggregation service to be marketed by the individual companies as part of the products or services they provide to their customers. "We are very pleased to be affiliated with our new partners," said Dinesh Sheth, President and CEO of uMonitor, Inc. "Having representation in each of the four markets that are likely to make up a large portion of our customer base will give us tremendous market knowledge." He added, "The decision to consider using uMonitor.com further signifies these companies' commitment to providing their customers with tools that make managing their lives and businesses simpler and more productive." ISP Alliance, Inc. (ISPA) provides private label, facilities based Internet services and products to Internet Service Provider's throughout the nation. The majority of ISPA affiliates are independent telephone, cable television and utility companies and municipalities. ISPA serves over 100,000 online users. Towne Services, Inc. (Nasdaq: TWNE), is a leading provider of services and products that process sales and payment information and related financing transactions for small and mid-sized retail and commercial businesses and community banks in the United States. The Company delivers these services and products on-line by linking its business and bank customers to its processing systems using the Internet and telecommunication lines. ORBCOMM provides two-way monitoring, tracking and messaging services through the world's first commercial low-Earth orbit satellite-based data communication system. ORBCOMM is owned by Teleglobe Inc. (NYSE: TGO; Toronto) and Orbital Sciences Corporation (NYSE: ORB). Bank of Bartlett, with assets exceeding $200 million, is a community bank focused upon providing personalized banking in suburban communities of Memphis, TN. An innovator in the new personal account management field, uMonitor, Inc. was founded in February 1999. The company's service, uMonitor.com, was created on an advanced secure service platform which allows portals, e-commerce companies, financial services, wireless providers and other B2B and B2C entities to offer a very "sticky application" to consumers. uMonitor.com helps these companies attract and retain customers through the use of its private label as a personalized, added-value service to these firms' own brands. uMonitor, Inc., is based in Germantown, TN, and can be reached at 901-757-1212, info@uMonitor.com, or at www.uMonitor.com. What would uMonitor today?SM Contact: Frances Turner uMonitor, Inc. 901/757-1212, Ext 119 Gentry Brann Archer/Malmo 901/523-2000 |
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