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CBT Development Progress Board Report 01

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Longterm commitment to fax

Fax server marketplace trends
The fax server market is in a consolidation phase and growth rates of server systems have declined in recent years. This is despite the fact that fax continues to be an essential component in many critical business processes. Fax has many advantages given its real-time nature, the difficulty of interception and the simplicity of fax devices. Several traditional providers of fax solutions have accepted the stabilisation of the marketplace and decided to concentrate their corporate strategy and main growth efforts on other business lines. Others have become part of larger Enterprise Content Management and Data Capture companies for which the fax business is at best of minor interest to their corporate strategy and revenue. This consolidation and reduction in interest by major players is a process that is expected to continue

Ongoing investment and modernization
As a long established, privately owned independent company not influenced by the stock market and private equity crises INTERCOPE is committed vis-à-vis our current and future customers to making ongoing investments in the Fax market segment and to offering a solution utilising the latest technology standards and providing high availability options and high quality 24/7 support.

Highly attractive trade-in options
Envisaging and recognising the changes taking place in the traditional fax server market INTERCOPE is offering highly attractive trade-in options for current users of the increasing number of fax solutions which are no longer seen as strategic by their vendors. These options help companies to protect investments and at the same time remove some of the risks associated with products whose future is no longer certain.

Bank Austria - pilot customer for CBT certification

Bank Austria has signed an agreement with Intercope enabling the bank to use the new CBT, InterAct, and FileAct functions of BOX for SWIFTNet currently under development by Intercope (see Announcement-01.pdf). As part of this agreement Bank Austria has commited to perform the customer testing required for the SWIFT certification of these new features of BOX for SWIFTNet.

Bank Austria is currently using BOX for SWIFTNet for the Relationship Management Application (RMA) and to handle messages relating to the Single Euro Payment Area (SEPA). As the graphical user interface for Bank Austria’s SEPA Message Warehouse, BOX for SWIFTNet provides a journal of bulk files and individual SEPA transactions together with reconciliation options and facilities to manually repair erroneous SEPA messages.

Bank Austria plans to use additional standard functions provided by BOX for SWIFTNet to replace their legacy MERVA solution with a state of the art application supporting the latest SWIFT standards and protocols whilst also providing the rich application functionality of MERVA, but based on modern industry standard technologies. The new BOX CBT, InterAct, and FileAct functions will enable Bank Austria to handle all their SWIFT requirements with a single application which includes the lower protocol levels as well as sophisticated application functionality.

Manfred Bibars, SWIFT expert from Bank Austria, states: “We chose Intercope’s BOX for SWIFTNet because it meets our basic rule – a total solution from one source. Also key is our experience with Intercope’s flexible implementation regarding requests and timelines. Last but not least the solution meets our price-performance criteria.”

Bank Austria, a member of the UniCredit Group, is the largest bank in Austria with total assets of EURO 207.7 billion and a market share of 88% for large corporate enterprises. Within Austria, the bank provides a network comprising of some 300 offices with about 8,000 employees in addition to its international operations in some 20 countries in Eastern Europe.