KING OF PRUSSIA, Pa., March 29, 2001 - XRT, recognized as an "advanced partner" in the deployment of e-business technologies by IBM, has begun certifying its solutions with this world leader in information technology. According to the terms of the partnership agreement, IBM will provide XRT with international development and marketing support to enhance its advanced technology solutions and open up new development perspectives.
The certification process began in December 2000 with the XRT Pilot 5 Server software. It will eventually cover all Collaborative Treasury Management solutions from XRT. The certification validates the ease of integration between XRT solutions and IBM hardware platforms, including "Netfinity ServerProven" NT environments, AIX (RS/6000), and the ASP Prime solution center.
The agreement will enable XRT to expand into new markets by providing Collaborative Treasury Management solutions and related services to financial departments equipped with IBM servers. It will also provide IBM with growth opportunities in the treasury management market. Expansion of the companies’ distribution networks will also be a key driving force in this partnership, which will initially cover Europe and the United States.
"This new partnership with IBM will enable XRT to pursue international growth with the help of IBM’s technical environment, support and services," said Jean Beaufort, manager of the XRT Business Partners Organization. "It will also help promote technological innovations in collaborative financial flow."
"Compatibility tests performed with XRT software and IBM’s xSeries servers guarantee the overall consistency of the solution, in terms of application features and the technology platform," said Philippe Beauchamp, manager, products and solutions for the IBM xSeries. "This comprehensive approach provides real added value for our customers and represents a terrific growth opportunity for our companies."
Joint presentations for treasury and finance managers will showcase a complete range of products, including certified hardware and software solutions. End users will benefit from the excellent integration, proven security, and high availability for these applications.
XRT (Paris Second MarchÃ© : XRT-CERG, code 5458) is established as an architect of secure financial flow systems for companies. Having been the precursor of Collaborative Treasury Management, XRT offers a truly global solution to meet companies' need to control their treasury, financial risks and payments in an environment which provides complete security for companies' internal as well as external financial flow chain. XRT has formed strategic alliances with technology companies such as Citrix, Cognos, Microsoft, Novell and Oracle; world-renowned information service providers (ISVs) such as Business Objects, GEAC, JD Edwards, People Soft and SAP; and banking partners such as ABN-AMRO, Chase, Commerzbank, CrÃ©dit Agricole, Ing Bank and La Caixa. These partnerships combined with XRT's international presence (clients in 55 countries) and its high level of expertise has enabled the Company to achieve a client base of over 10,000. For more information, please visit our website at www.xrt.com.