FOSTER CITY, Calif., April 2, 2002 -- FaceTime
Communications, the premier provider of network-independent instant
messaging (IM) applications for business, today announced that
Wachovia Securities, a leading provider of financial services
throughout the East Coast and the nation, has chosen FaceTime's
IMAuditor product to enable compliant real-time communications for
institutional traders. IMAuditor gives Wachovia the ability to
leverage the power of public instant messaging networks such as
America Online (AOL) for time-sensitive business communications,
while ensuring administrative controls are in place to comply with
government regulations. "The widespread use and easy availability
of public IM services have caused financial services firms to take
a hard look at the compliance issues surrounding instant messaging
with clients, " said Andy Nybo of TowerGroup. "Although many firms
have turned a blind eye to the use of these services in the past,
the pressure from regulators and the potential for abuse of company
resources have forced securities firms to re-evaluate internal
instant messaging policies." "Wachovia views its choice of
FaceTime's IMAuditor as a significant competitive advantage for our
traders who can now use an already familiar IM tool to conduct
time-sensitive business transactions," said Tony D' Agostino, COO,
Wachovia Equity Capital Markets. "FaceTime's proven ability to
provide the only solution that can manage and control IM usage for
any network, solidified our decision to rapidly put IMAuditor into
production." "We are pleased to have another financial services
leader choose FaceTime as the standard for auditing instant
messaging use in the enterprise," said Glen Vondrick, FaceTime's
President and CEO. "IMAuditor enables Wachovia's traders to
continue real-time communication with other institutional traders
who use public IM networks like the AOL Instant Messenger (AIM),
without any change in user experience. Wachovia's decision further
validates FaceTime's strength in enabling enterprise employees to
use any IM network." 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 network
partnerships provide IT professionals the confidence and security
they need to allow access to the public IM networks via IMAuditor.
The FaceTime IMAuditor enables IT departments to install a back-end
software server behind their Internet firewall in order to manage
and monitor instant messaging communication across any IM network.
IMAuditor provides the following capabilities:
-
IM Compliance Supervision - the ability to
monitor IM message content for words or phrases restricted by
employee roles
-
IM Access Control - the ability to allow or
disallow certain employees to use IM, and to enforce the use of
only business professional IM screen names
-
IM Identity Management - the ability to map IM
screen names with corporate employee Ids
-
IM Export - the ability to export complete IM
conversations as e-mails to any corporate e-mail system, e-mail
compliance systems, or storage systems
The FaceTime IMAuditor includes an easy installation and
configuration process, no change in behavior for users of instant
messaging clients, Web-based reports, and support for existing
corporate proxy servers. About Wachovia
Wachovia Securities is a full-service investment bank providing
clients with equity, fixed income, and convertible research,
financial sponsors coverage, corporate finance and mergers and
acquisitions advisory services. In addition, Wachovia Securities
provides such products as debt and equity financing, loan
syndications, derivatives, equity investments, asset
securitization, treasury services and international correspondent
banking. Wachovia Corporation (NYSE:WB), created through the Sept.
1, 2001, merger of First Union and Wachovia, had assets of $330
billion at Dec. 31 and $28 billion in stockholders' equity.
Wachovia is a leading provider of financial services throughout the
East Coast and the nation. The company operates full-service
banking offices under the First Union and Wachovia names in 11 East
Coast states and Washington, D.C., and offers full-service
brokerage with offices in 49 states and global services through
more than 30 international offices. Online banking and brokerage
products and services are available through wachovia.com and
firstunion.com.
About Actiance, Inc. (Formerly FaceTime Communications, Inc.)
FaceTime Communications became Actiance, Inc on January 11, 2011 following an agreement to
transfer the FaceTime trademark to Apple.
FaceTime Communications enables the safe and productive use of Unified Communications and Web 2.0,
including instant messaging, blogs and social networking. Ranked number one by IDC for five consecutive
years, FaceTime's award-winning solutions are used by more than 1,500 customers for the security,
management and compliance of real-time communications. FaceTime supports or has strategic partnerships
with all leading IM, unified communications providers and social networks including AOL, Google, Yahoo!,
Skype, Microsoft, IBM, Cisco, Facebook, LinkedIn and Twitter.
FaceTime is headquartered in Belmont, California. For more information visit
http://www.facetime.com or call 888-349-3223.
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