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Subject: OASIS MEMBER NEWS: Sequoia Software Partners with Zacks and FinanCenter
NOTE: This message from Nate Soucy Schwartz Communications 781-648-6686 nsoucy@schwartz-pr.com FOR IMMEDIATE RELEASE Contacts: David Schreiber Sequoia Software (410) 715-0206 dschreiber@sequoiasoftware.com Wendy Williams Schwartz Communications (781) 684-0770 wendyw@schwartz-pr.com Sequoia Software Partners with Zacks and FinanCenter, Strengthening Sequoia XML Portal Server Functionality for Financial Services Customers Sequoia Focuses on Delivering Industry-Specific Interactive Enterprise Portal Solutions COLUMBIA, Md.--January 18, 2000--Sequoia Software Corporation, the leading provider of interactive enterprise information portals (EIPs) today announced it would provide integrated desktop connectivity for its XML Portal Server (XPS) customers with real-time investment information from Zacks Investment Research, and Web-based financial calculators from FinanCenter. The partnerships support Sequoia's focus on delivering industry-specific interactive EIP solutions--in this case--for the financial services industry. By partnering with Zacks and FinanCenter, Sequoia is providing its financial services customers with desktop access to complementary Web-based content that extends the value of their proprietary corporate information. Sequoia is also establishing strategic alliances with technology vendorsthe most recent being Dallas-based S2 Systems, a leading provider of e-commerce and transaction processing solutions--that are established players in the financial services market. "Up-to-the-minute online information and news, and specialized Web-based financial calculators are essential tools for professional investors and business people who earn their living by making educated financial decisions," said Mark Wesker, president of Sequoia Software. "By partnering with Zacks and FinanCenter to seamlessly integrate these tools within Sequoia XPS, we deliver the information and services our customers need to gain and sustain a competitive advantage." Sequoia XPS is an application used to deploy interactive EIPs that provide a personalized Web desktop from which users can quickly and easily search for, retrieve and act upon information aggregated from an organization's disparate applications and the Web. Zacks Investment Research will bring up-to-the-minute feeds of equity earnings estimates, analyst recommendations and company research through the Internet directly to an XPS user's desktop. These feeds allow users to see at a glance, how their individual or client portfolios are faring, so that they can make fast and effective investment decisions. "Sequoia and Zacks are both committed to getting the most pertinent and valuable information to our customers in the most efficient manner," said Steve Austin, chief operating officer for Zacks Investment Research. "With Zacks' content integrated into the Sequoia XPS desktop, users can access current financial information, stock quotes or company research in conjunction with any other relevant information managed by the portal." Sequoia will also make FinanCenter's "Best of Web" financial calculators available immediately to financial services firms and other customers deploying Sequoia XPS. These calculators--there are more than 120 versions--help users explore various financial scenarios within seconds. Highly specialized, they include versions for home and auto loans, stocks, credit lines, budgeting and retirement. FinanCenter's CalcBuilder also provides Sequoia's customers with the ability to deploy customized "branded" calculators. "FinanCenter's goal is to arm individuals with the tools necessary to make smart financial decisions," said Sherri Neasham, chief executive officer of FinanCenter. "By embedding our financial calculators in the XPS desktop, Sequoia is equipping every user with the ability to immediately determine the merits of a financial decision. We believe this functionality will prove especially valuable to Sequoia's customers in the financial services industry." About FinanCenter, Inc. FinanCenter, Inc., headquartered in Tucson, Arizona, is the leading provider of personal finance decision making tools. The company's success was built on the development and licensing of self-help financial calculators to enable the user to make better personal finance decisions. These calculators are available to businesses in partnership, licensee or ad-share agreements, and can be viewed at www.financenterinc.com. In addition, over 120 calculators in 12 topic areas can be used at the award-winning consumer web site, http://www.financenter.com. About Zacks Investment Research Since 1978, Zacks Investment Research has provided individual and professional investors with accurate and timely research including weekly summaries and value-added analyses of the research produced by the US brokerage industry. The leader in providing investment research to the investor community, Zacks evaluates over 15,000 changes in Earnings Per Share (EPS) estimates and stock recommendations made by over 3,000 stock analysts employed by 250 US brokerage firms on a weekly basis. About Sequoia Software Sequoia Software Corporation, headquartered in Columbia, Maryland, is the leading provider of Interactive Enterprise Information Portals (EIPs). Sequoia's EIP application, Sequoia XML Portal Server (XPS) increases the accuracy of search and retrieval and lets you act on information directly through the portal, dramatically increasing your productivity and effectiveness. Instead of sifting through multiple hits, XPS delivers the specific information you need in one click. With XPS, you view and work with application-specific content through a single, personalized Web page, streamlining your ability to get things done. This unique ability to read and write information directly through the portal is Sequoia's Interactive edge. For EIP solutions that let you do more in less time visit www.sequoiasoftware.com or call Sequoia toll free (888) 820-7917. # # #
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