93PA Ecobank 24s

RNS Number:9370Y
Ericsson(L.M.)(Telefonaktiebolaget)
15 February 2001


Ericsson and IBM join forces to help financial services companies
- Offer next generation Mobile Internet services

Ericsson and IBM today announced they will work together to help financial
services companies deliver Mobile Internet offerings that go beyond
today's Business-to-Consumer services such as retrieving checking account
information. The two companies will develop and implement technology that
enables high-value, high-volume Business-to-Client services such as wealth
management, account aggregation, mobile trading, and credit card and
payment alerts.

The alliance will combine the wireless telecommunications expertise of
Ericsson with the financial services and information technology expertise
of IBM. The two companies will develop and market a joint offering
tailored to the needs of financial services companies. The aim is to give
financial institutions a standard, highly scalable and secure end-to-end
infrastructure for implementing robust, high-volume services across
multiple financial channels.

The companies' joint offering will combine Ericsson Mobile Internet
application building blocks such as Ericsson Mobile e-Pay, Safetrader and
WAP Gateway with the IBM WebSphere infrastructure family of products,
including WebSphere Everyplace Suite, and the IBM eServer family of
products. IBM Global Services will provide business innovation consulting
and IT integration services.

"The alliance between Ericsson and IBM is a powerful proposition. Given
the depth of IBM's relationships with the world's leading banks and
Ericsson's pioneering work in the mobile commerce space, we anticipate
great interest among the financial community," said Remus Brett, manager,
Financial Services Technology Practice, Datamonitor. "We firmly believe
next generation mobile services are going to be critical for banks in the
next two to three years. This alliance should enable banks to position
themselves favorably regardless of future changes in networks, devices and
payment technologies."

"Many of the wireless projects underway at banks and financial services
firms today are in pilot stage, involving only a few hundred consumers and
undertaken on a one-off basis to gain first-mover advantage," said Dr.
Mark N. Greene, vice president, Strategy and Solutions, IBM Global
Financial Services Sector. "While many benefits have been realized,
financial services companies now are faced with the challenge of
delivering higher value financial services to hundreds of thousands of
customers located around the globe. The IBM and Ericsson alliance will
develop the necessary infrastructure for financial services companies to
integrate Mobile Internet into their multi-channel strategy, allowing them
to easily offer the next generation financial services to build customer
loyalty."

"The Ericsson and IBM alliance is an important step in realizing our
strategy to create and drive Mobile Internet applications. It aims to
bring a unique combination of expertise to the market to enable financial
institutions eager to capitalize on the opportunities of Mobile Internet,"
said Lars Boman, president, Ericsson Internet Applications. "It will
accelerate the uptake of Mobile Internet for financial services and will
drive the development of additional applications and traffic volume for
GPRS and 3G in this sector."

Phone Conference
Ericsson and IBM will host a teleconference to discuss today's
announcement at 1 p.m. CET on Thursday, February 15, 2001.

The dial-in number is +44 208 240 82 46, code IBM/Ericsson.
A replay option will also be available for five working days by calling
+44 208 288 44 59, code 699752.

Ericsson is the leading communications supplier, combining innovation in
mobility and Internet in creating the new era of mobile Internet. Ericsson
provides total solutions covering everything from systems and applications
to mobile phones and other communications tools. With more than 100,000
employees in 140 countries, Ericsson simplifies communications for
customers all over the world.

Read more at http://www.ericsson.com/pressroom

FOR FURTHER INFORMATION, PLEASE CONTACT
Vivienne Almqvist, Press Manager, Ericsson Internet Applications
Phone: +46 70 526 2231; E-mail: vivienne.almqvist@bct.ericsson.se

Andris Zvejnieks, Country Communications Manager, IBM Sweden
Phone: +46 8 793 5187; E-mail: andris.zvejnieks@se.ibm.com

Jennifer Atkins, Global Communications Manager, IBM Global Financial
Services Sector
Phone: + 1 914 642 5414; E-mail: jatkins@us.ibm.com

About IBM
IBM's Financial Services Sector is the world's leading provider of
comprehensive, integrated e-business solutions to the banking, financial
markets and insurance industries. Working directly with its financial
services customers, IBM develops and deploys mission-critical industry-
specific technology solutions. Those solutions comprise the full range of
IBM capabilities including consulting, software, hardware, research and
services. Additional information about IBM can be found at
www.ibm.com/solutions/financialservices.

IBM, WebSphere, WebSphere Everyplace Suite and eServers are registered
trademarks of IBM in the United States and other countries.


------------------------------------------------------------
This information was brought to you by BIT  http://www.bit.se
The following files are available for download:
http://www.bit.se/bitonline/2001/02/15/20010215BIT00010/bit0001.doc 
http://www.bit.se/bitonline/2001/02/15/20010215BIT00010/bit0001.pdf 

Ecobank 24s (LSE:93PA)
Gráfica de Acción Histórica
De Feb 2025 a Mar 2025

Ecobank 24s (LSE:93PA)
Gráfica de Acción Histórica
De Mar 2024 a Mar 2025