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uMonitor Partners With FundsXpress To Provide Aggregation Services To Financial Institutions Nationwide Germantown, TN (July 24, 2001) -- uMonitor, Inc., a leading information aggregator, has signed with the leading financial industry service provider FundsXpress to provide account aggregation services through uMonitor's comprehensive Information Aggregation Technology Platform. This partnership will allow account aggregation to be offered through FundsXpress' client financial institutions to millions of end-users nationwide. Through its sophisticated account aggregation and monitoring technology, uMonitor enables FundsXpress financial customers a single-point log-in to view and track important financial account information, travel and hotel rewards programs as well as providing net worth statement summaries. uMonitor also provides a wireless capability that will be available to FundsXpress financial institution partners. In addition, uMonitor's patent-pending Valet Access Service will allow unprecedented flexibility and convenience to users. The Valet Access Service allows users to designate viewing rights to others, such as allowing family members to view aggregated data as well as accountants or financial advisors. "Account aggregation plays a large part in having a fully integrated financial offering," said Brent Warrington, President and COO of FundsXpress. "Our due diligence confirmed uMonitor's aggregation technology expertise and their expertise will allow us to provide our clients with yet another highly effective tool for customer retention and relationship building." "Partnerships with cutting-edge financial companies such as FundsXpress enables uMonitor to extend this sophisticated technology platform to an increasing number of financial institutions," said Dinesh Sheth, Founder, President & CEO, uMonitor, Inc. "Further, uMonitor is delighted to provide advanced aggregation technologies through FundsXpress; as FundsXpress clearly understands their financial clients aggregation requirements and goals." uMonitor has the flexibility to design customized platforms for each of its partners. In turn, uMonitor also allows the end user to customize their view of information, layout, and color scheme. uMonitor allows their clients to monitor all of their online accounts through each aggregation module including: the Financial Monitor, Bills Monitor, Market Monitor, Email Monitor, Flight Monitor, Package Monitor and Rewards Monitor. About uMonitor, Inc. uMonitor, Inc. provides a private labeled Information Aggregation Technology Platform to partners in the 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 web site at www.umonitor.com. What would uMonitor? About FundsXpress FundsXpress, Inc., together with its subsidiaries headquartered in Austin, Texas, offers a wide range of secure, reliable and convenient Internet-based financial services and products including the FundsXpress Financial Portal, secure Internet banking, online brokerage and lending. For more information, please visit the company at http://www.fundsxpress.com. FundsXpress and the FundsXpress Logo are registered trademarks of FundsXpress Financial Network, Inc. Portana and FXPortal are also trademarks of FundsXpress Financial Network, Inc. All other company and product names may be registered trademarks or trademarks of their respective companies/holders and are hereby recognized. Contact: Cindy Hofmeister Thomas uMonitor, Inc. 901-757-1212 x113 email: cthomas@umonitor.com Don Mundie Delta Capital Management LLC 901-755-0949 |
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