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2004 2003200220012000 |
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uMonitor Inc. Forms Partnership
with Atlas Brokerage Company L. P. to Provide Account Aggregation
Services to Registered Representatives GERMANTOWN, TN (November 20, 2000) -- Atlas Brokerage Company, L. P. and uMonitor, Inc. announced today that they have signed an agreement forming a partnership to offer an information aggregation service that provides users a convenient, time-saving tool to collect, personalize, monitor and manage personal information via the Internet and wireless devices. “This partnership will enable Atlas to become one of the first Broker/Dealers in the country to offer information aggregation services to their Registered Representatives,” said Mike McCormick, President, Atlas Brokerage Company, L.P. Commenting on their selection of uMonitor, Inc. as a partner, he added “uMonitor has the best service by far. They offer the ultimate flexibility to our users and their robust technology is interactive and fully integrated with wireless devices. No other company could offer us that flexibility.” “We know that this technology will give Atlas Brokerage Company a competitive edge and an opportunity to offer services to their Representatives and their Strategic Partners that will simplify their lives while keeping them abreast of the latest changes in their financial portfolios via Internet or wireless devices,” said Dinesh Sheth, President and CEO, uMonitor, Inc. Atlas Brokerage Company expects to offer the service to their Representatives and Strategic Partners by the end of 2000. “Atlas Representatives will be able to review and advise their clients regarding their bank, insurance and brokerage accounts, just to name a few possibilities. But, the major benefit of the uMonitor, Inc. service is that it enables the end user total access to their life management tools, not just investment tracking and enhances our ability to service our Representatives as well as our clients,” added Brian Fisher, Operations Supervisor, Atlas Brokerage. uMonitor, Inc. is first to launch an information aggregation service on mobile phones, pagers and PDA devices. “uMonitor Mobile,” as this application is called, brings information from thousands of sites to wireless users without waiting for those sites to be wireless compatible. The company already has over 4,400 site interfaces on the Internet. That is more than the top two competitors combined. A recent Celent Communications Report (October 2000) refers to uMonitor, Inc.’s wireless capabilities as “the most prominent feature” of this new solution. The report further concludes that “less than half of the information aggregators provide an in-house solution.” uMonitor, Inc. is one of the providers that do deploy an in-house wireless solution without using a third party. uMonitor, Inc. technology allows users to view and perform transactions on all of their accounts in one location. This revolutionary technology is a rapidly changing the way people use the Internet. uMonitor, Inc., headquartered in Germantown, TN, was founded by Dinesh Sheth after he began using the Internet to monitor his own accounts. As online transactions became prevalent, he saw a need for combining many functions at one location. uMonitor, Inc. provides technology to other channel partners in the financial services, wireless industry, portal sector and Internet service providers’ market. For more information on uMonitor, Inc., visit the web site at: www.uMonitor.com. What would uMonitor ?SM Contact: Cindy Hofmeister Thomas uMonitor.com, Inc. 901-757-1212 x113 email: cthomas@umonitor.com Don Mundie Delta Capital Management LLC 901-755-0949 |
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