By Mark Watson
The Commercial Appeal

P&H Systems to Use Geobot Software

Memphis, TN (June 26, 2001) -- A product of Memphis-based Geobot will be the integration software platform in corporate cash management software systems offered by Politzer & Haney, of Newton, Massachusetts.

P&H's CorPoint Enterprise Suite, the company's fourth-generation product, allows financial institutions to offer instant cash management to their corporate clients. Geobot's InfoSwitch technology will enable the CorPoint Enterprise Suite to make connections across multiple systems and existing networks and allow for the translation of financial messages between different types of communication standards.

In a prepared statement, James M. Foley, Geobot president and chief operating officer, said, "Politzer & Haney's large market position solidifies our entrance into the financial services industry and reflects our commitment to providing a robust and flexible platform to support future products and services."

Daniel Smith, P&H vice president for product management, said in a prepared statement, "As we evaluated other market leading and highly visible integration platforms, Geobot clearly was the best fit for the clients we serve and the environments we encounter."


Contact:
Darren Raybourn
Geobot, Inc.
901-312-7761
draybourn@geobot.com

David Latham
Delta Capital Management LLC
901-755-0949
yearwood@deltacapital.com