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uMonitor Unveils Wireless Account Aggregation Technology At Bankers' Conference

GERMANTOWN, TN (September 11, 2000)
- uMonitor, a start-up company that provides users a convenient, time-saving tool to collect, personalize, monitor and manage personal information via the Internet, unveiled today their new wireless application during a banking industry conference in Washington D. C. The conference, entitled Account Aggregation 2000, is sponsored by the American Banker Association and Thomson Financial Media and brings together more than 150 CEOs, CIOs and marketing directors from financial institutions and industry participants across the country.

"We're excited about this new application of our technology," said Dinesh Sheth, President and CEO of uMonitor, Inc. "The wireless capabilities that we presented today keep us at the forefront of this emerging industry. We're the first company to offer this service on mobile phones, pagers and Palm devices. uMonitor Mobile brings thousands of sites to wireless users without any work or changes required of those sites to be wireless compatible. We also have over 4,000 site interfaces for account aggregation on the Internet. This is more than our top two competitors combined."

Sheth said that the conference was a perfect opportunity to unveil "uMonitor Mobile" since financial institutions are prime candidates for uMonitor service with mobile applications. The company has already signed an agreement with a nationwide wireless messaging leader to provide the account monitoring service to their customers. uMonitor is also seeking partners in the telecommunications field, portal sector and Internet service providers' market.

The Washington D.C. conference is the first of many trade shows uMonitor plans to attend according to Sheth. "There are some great shows coming up this fall where we intend to have a presence," said Sheth. "I anticipate this being a huge growth period for us since we support such a large number of sites and are wireless ready today, not tomorrow. Combining that with the simplicity of our service and the flexibility of the program and our company, I feel confident that we will have millions of users by the end of 2002."

An innovator in the personal account management field, uMonitor, Inc. was founded in February of 1999. The company is focused on delivering tools that allow individuals and businesses to manage their personal and work environments in a simpler, more productive manner. More information on uMonitor can be found at the company's web site at www.uMonitor.com on the Internet. What would uMonitor today?


Contact:
Gina Smith
uMonitor, Inc.
901/757-1212, Ext 100

Gentry Brann
Archer/Malmo
901/523-2000