FOSTER CITY, Calif., June 3, 2002 -- Continuing
to build on its rapid sales momentum in deploying instant messaging
business applications for financial services, FaceTime
Communications, the premier provider of network-independent instant
messaging (IM) applications for business, today announced that both
Capstone Investments, a full service investment firm, and
Liquidnet, the fastest-launching alternative trading system (ATS)
for buy side institutions, have chosen FaceTime's IMAuditor product
to enable compliant real-time communications for institutional
traders. IMAuditor gives Capstone Investments and Liquidnet 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. "Capstone views its choice
of FaceTime's IMAuditor as a significant competitive advantage for
our traders who can now continue to use already familiar IM tools
without a disruptive change to proprietary offerings to conduct
time-sensitive business transactions inside and outside the
enterprise," said Steve Capozza, President of Capstone Investments.
"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." "At Liquidnet,
we felt it was vital to plan for the future and partner with a
company that has a proven track record in providing
enterprise-level communication tools," said Eric LeGoff,
Liquidnet's COO. "Our members have come to rely on IM as a critical
communication tool and we wanted to proactively address the logging
and auditing compliance concerns without affecting their ability to
continue using their existing buddy lists. We chose FaceTime
because of the company's ability to provide us with a solution that
was easy to install and configure, had no impact on our staff and
members, and satisfied our compliance requirements." "Our latest
customer wins in the financial services industry demonstrate the
agility of the IMAuditor product," said Glen Vondrick, FaceTime's
President and CEO. "FaceTime's technology can be scaled for use by
small, medium and large-sized firms who are seeking to gain control
of IM while being able to simultaneously meet compliance
regulations. IMAuditor enables both Capstone and LiquidNet's
traders to continue using familiar IM networks from providers such
as AOL, Microsoft, Yahoo! or Lotus, for real-time communication
with other institutional traders who use IM. Their decision to work
with FaceTime further validates IMAuditor'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 IMAuditor provides IT professionals the confidence and
information security controls to manage public and private IM
networks in the enterprise. The FaceTime IMAuditor 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. About Capstone Investments
Capstone Investments has specialized services to provide
professional managers with the tools essential for effective fund
management. These services are tailored specifically to meet the
individual needs of fund managers across a wide array of investment
strategies and operational demands. These services include capital
introductions, soft dollars, trading platforms, research and an
agency trading desk. Simply put, our goal is to reduce the burdens
associated with operating a fund and to allow managers to focus on
maximizing returns for their clients. About
Liquidnet
Liquidnet is an Alternative Trading System (ATS) for large
institutional investors designed to allow the trading of large
blocks of stocks anonymously with little to no market impact costs.
Liquidnet's unique architecture and model have solved the major
problem facing B2B exchanges and ATSs -- building a critical mass
of liquidity. Through advanced Internet-enhanced technologies,
Liquidnet has created a community of large institutions that
delivered massive liquidity beginning on day one. Liquidnet is a
registered broker/dealer, headquartered in New York City with
offices in Boston, Chicago, Los Angeles and London. Liquidnet
Europe Limited is regulated by the Financial Services
Authority.
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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