20042003200220012000
uMonitor Partners with VisualCalc for
Delivery of Aggregation Services


Germantown, TN (July 16, 2001) -- uMonitor, Inc., a leading information aggregation technology provider, announced today that they have partnered with VisualCalc a leading provider of web-based analysis and presentation software. uMonitor will deliver the industry's most comprehensive Information Aggregation Technology Platform to VisualCalc's financial services clients, expanding the uMonitor offering with VisualCalc's analysis and presentation services. VisualCalc will provide uMonitor customers the ability to graphically analyze relationships among aggregated data.

VisualCalc, was founded in May of 1999 and enjoys a rapidly growing list of customers and partners such as (Invesco Funds, The Montgomery Funds, First Merchants Bank, Heartland Advisors, The Golden One Credit Union, etc.). The founders have 40+ years of experience in spreadsheet and presentation graphics software, as well as in handheld applications. VisualCalc provides innovative, visual, vivid financial tools to financial service providers in the banking, investing, mutual funds, insurance, and financial portals market segments.

"uMonitor offers the "best of breed" in account aggregation services, said Amit Mazumdar, VisualCalc, Founder and CEO. "After some in-depth research, uMonitor was found to be the most customizable aggregation platform in the market today."
 
"The VisualCalc-uMonitor partnership will offer our mutual clients an integrated service," continued Mazumdar. "Having access to data is wonderful. Customers have to understand what they are seeing and that's where the 'aha' factor of VisualCalc applications comes in." 

"Account aggregation gives companies a competitive edge while enhancing customer retention," said Dinesh Sheth, Founder, President & CEO, uMonitor, Inc. "uMonitor is delighted to increase our partners' market share by providing aggregation tools complete with financial calculators and powerful presentation tools that meet and exceed industry expectations. With VisualCalc we will expand our reach to more clients and offer integrated solutions to our existing and potential clients." concluded Sheth.

About uMonitor, Inc.

uMonitor, Inc. provides a private labeled Information Aggregation Technology Platform to partners in various markets such as: financial services, wireless industry, portal sector and Internet service providers' market. The uMonitor platform offers aggregation and analysis of private, public and proprietary account information. Bank accounts, brokerage accounts, email, bills, weather, flight schedules, package tracking, rewards programs may be monitored anywhere via desktop or wireless device. For more information on uMonitor, Inc. and our partners, visit the website at  www.umonitor.com. What would uMonitor? 

About Visual Calc

VisualCalc, Inc. provides a visual, graphical, interactive data analysis software platform, which includes the personal financial analysis tools. The data analysis platform allows rapid application development for data analysis in many markets including financial services and CRM. VisualCalc applications are device independent and run on the Web, on PCs and on handheld devices. For more information on VisualCalc and its partners, visit www.visualcalc.com.


Contact:
Cindy Hofmeister Thomas
uMonitor, Inc.
901-757-1212 x113
email: cthomas@umonitor.com

Don Mundie
Delta Capital Management LLC
901-755-0949