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Subsequent to the publication of this Press Release Aether Systems was fully absorbed
into TeleCommunication Systems and subsequently TeleCommunication Systems was fully absorbed into Stockgroup.
IST DELTASTREAM MOBILE POWERS NEXT GENERATION WIRELESS
FINANCIAL DATA SERVICE
IST licenses DeltaStream Mobile financial data
solution to Aether Systems for new marketStream service
Palo Alto, California, February 19, 2004 - Imperial Software
Technology (IST), the leading provider of mobile financial
data solutions, today announced that Aether Systems Limited
has licensed IST's DeltaStream Mobile technology to power
marketStream, Aether Systems' next generation mobile financial
data service.
IST's Deltastream Mobile is a totally wireless market data
solution utilizing the latest mobile technology to deliver
real-time financial data and trading capabilities to Java
enabled mobile devices such as a PDA, phone or RIM BlackBerry.
By utilizing DeltaStream Mobile technology Aether Systems
has been able to rapidly deploy marketStream to provide
customers with real-time global access to streaming equities,
foreign exchange rates, futures, commodities and fixed income
prices as well as news and charts via their mobile phone or
PDA. marketStream is the successor to Aether Systems' popular
financial paging offering, formerly known as miniREUTERS,
used by top financial institutions throughout Europe with a
peak subscriber base of 15,000 users.
"The successful launch of marketStream is further proof
that by adopting Deltastream Mobile, companies and
institutions looking to provide mobile financial data to
customers and employees can do so without the large investment
inherent in developing their own system from the ground
up" commented Derek Lambert, Managing Director of
Imperial Software Technology. "Deltastream Mobile is a
proven, cost effective solution that removes the barrier to
entry into the wireless financial data market."
"Aether Systems selected IST as its partner for the
marketStream product because IST's DeltaStream technology was
superior to anything else we'd seen, and because of IST's
excellent track record in software engineering" said
Morten Nielsen, Managing Director of Aether Systems Limited.
"Above all, we selected IST because they have a great
team to work with."
A highly scaleable and secure mobile financial data delivery
platform, DeltaStream Mobile encompasses both server side and
client device technology and is fully customizable to support
service provider requirements and data feed preferences.
DeltaStream Mobile provides feature rich, user configurable
data visualization on the mobile device including live
streaming data showing the price changes of stocks and
indices, charting, statistics and news articles. Advanced
technology is used to ensure low bandwidth over General Packet
Radio Service (GPRS) and 3G networks with no compromise on
performance thereby ensuring low overheads, a key requirement
for both data provider and mobile device owner.
Device support includes a wide range of Personal Java or MIDP Java
enabled mobile devices including Pocket PC devices (such as Compaq iPaq), RIM
BlackBerry, PalmOS devices (such as Handspring Treo) and phones from suppliers
such as Nokia and Sony Ericsson.
The Aether marketStream launch follows on from the recent launch of
MoneyAM Mobile, another successful wireless financial data service based on
IST's DeltaStream Mobile solution.
For more information about DeltaStream Mobile please go to the
DeltaStream Mobile
page.
For more details about marketStream see our
marketStream
Story, the
marketStream launch Press
Release,
Stockgroup's marketStream Product
Overview (5.18MB PDF) and
Stockgroup's marketStream White Paper
(PDF).
Alternatively contact IST's
Sales Desk (email:
sales@ist.co.uk)
About Imperial Software Technology
Imperial Software Technology (IST) is a world leader in
software engineering technology. IST's DeltaStream is the
latest development in delivering real-time financial
information and services across the web and to wireless
devices. IST is also the market leader in tools used to
construct graphical user interfaces for application software
running on high-performance workstations such as those
manufactured by Sun, SGI, Hewlett-Packard, IBM, Compaq and
others. Founded in 1982 as a spinout from Imperial College of
Science, Technology and Medicine, the company is privately
held and is based in Palo Alto, California and Reading, United
Kingdom.
About Aether Systems Limited
Aether Systems Limited, a European subsidiary of
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS), is the
leader in providing mission critical financial data to mobile
professionals throughout Europe.
TeleCommunication Systems, Inc. is a leading provider of
mission critical wireless data solutions to carriers,
enterprise and government customers. TCS' wireless data
offerings range from providing location-based Enhanced 9-1-1
services in the U.S. and messaging infrastructure to wireless
operators, real-time market data and alerts to financial
institutions, mobile asset management and mobile office
solutions for enterprises, and encrypted satellite
communications to government customers.
# # #
DeltaStream is a registered trademark and
IST and the IST logo are trademarks of Imperial Software Technology Limited.
TCS is a trademark of Telecommunication Systems Inc.
Stockgroup and marketStream are trademarks of Stockgroup Information Systems Inc.
Other companies, products and service names mentioned herein are trademarks of
their respective owners.
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