Reuters and FaceTime to Deliver Enterprise-wide, multi-network IM Compliance Solution as part of Rollout of Reuters Messaging

New York, SIA Technology and Management Conference, June 19th, 2002 - FaceTime Communications, the premier provider of network-independent instant messaging (IM) applications for business, and Reuters, the global information, news and technology group, today announced a strategic alliance to make Reuters Messaging compatible with FaceTime’s IM Auditor product. Working together, the two companies will enable Reuters Messaging clients who are also using other IM networks to meet their regulatory auditing requirements by content logging messages from both Reuters Messaging and other IM systems.

FaceTime IM Auditor will record, store and supervise messages generated on Reuters Messaging and then aggregate them with all other IM communications in the enterprise. This functionality will give corporate compliance a single enterprise-wide IM compliance solution while enabling IT management to gain control of all IM communications through a single user interface.

Reuters Messaging, a new high security instant messaging (IM) service for the world’s financial services industry, is currently undergoing final testing with twenty-five global financial services institutions and is due for launch across the industry in Q3. It will offer institutions access to a fast, cost effective, encrypted, and firewall-compliant communications channel covering their entire enterprise and reaching out to their customers and suppliers across the globe. Customers using Reuters Messaging as their single solution will be supported by the auditing and logging capabilities of this service.

" To unlock the potential of IM in the financial services industry, firms need an open and standards based solution which allows them to respond to IT and business challenges in real time without compromising reliability or the ability to meet regulatory requirements." said Lewis Knopf, Managing Director of Reuters Collaboration Services. " Our open strategy supports integration with leading technology suppliers and we are extremely pleased to be working with FaceTime. The FaceTime IM Auditor solution is fast becoming a standard IM compliance solution, and together with Reuters Messaging, it will give our customers enhanced enterprise-wide control and manageability across all IM network communications."

"FaceTime is excited that the leading provider of content, technology and connectivity around the world has chosen to certify IM Auditor with Reuters Messaging,” said Glen D. Vondrick, FaceTime’s President and CEO. Reuters Messaging is clearly a key messaging solution for the financial services industry and FaceTime’s IM Auditor has become the standard for auditing IM use in the enterprise. Linking IM Auditor with Reuters Messaging, with its proven ability to log and audit IM communications on any network, gives Reuter’s customers the ability to provide unified compliance reporting with other IM networks in use within the enterprise and provides centralized management control of IM communications."

As part of the alliance, Lewis Knopf will join FaceTime’s Advisory Board to further strengthen its strategic vision around instant messaging and collaboration.

FaceTime's unique technology advantage, IM expertise, and ability to provide customers with authorized application access and integration to any network, enables the company to deliver practical, value-add solutions on multiple IM network infrastructures for any business. FaceTime’s IM Auditor provides IT professionals the confidence and information security controls to manage public and private IM networks in the enterprise. The FaceTime IM Auditor includes an easy installation and configuration process, no change in behavior for users of existing instant messaging clients and buddy lists, Web-based reports, and support for existing corporate proxy servers.

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