weComm Launches 'Mobile Trading Desk' in Association With Microsoft

weComm Ltd (www.wecomm.net) today launched mStrIP Financial, a product enabling financial institutions to deliver live proprietary and market data to private clients, traders, sales personnel and analysts, whenever and wherever they are, using wireless mobile devices running Microsoft WindowsPowered Pocket PC.

mStrIP Financial is the first product derived from weComm's proprietary Mobile Streaming Information Platform (mStrIP). mStrIP allows previously unachieved live streaming of time-sensitive data and information across all Pocket PC and Handheld PC devices and over any wireless network.

"mStrIP Financial takes advantage of the true power of Microsoft's Pocket PC platform to deliver breakthrough technology to the unwired world," said Dilip Mistry, mobility marketing manager, Europe, Middle East & Africa (EMEA) Microsoft. "With our Pocket PC platform, weComm has pioneered the delivery of streamed financial data, setting the new standard for financial wireless solutions."

mStrIP Financial collects data from multiple sources and reconfigures it for transmission to the end user. It can provide real time streaming of prices for equities, bonds, foreign exchange, commodities, interest rates and more, as well as news, alerts, charting, real time trading, proprietary research distribution, instant messaging, and e-mail.

"Now, with the Microsoft Windows Powered Pocket PC, private clients, traders and other members of the financial services industry can replicate most functions of their desktop trading systems on a small and portable device whenever and wherever they are," said Derek Goodman, Chief Executive Officer -- Americas, for weComm.

"The design, layout and screen clarity of the devices running Microsoft Windows- Powered Pocket PC mean that we can provide many real-time streaming quotes and several streaming news headlines all on the same page, at the same time," Goodman said.

weComm's proprietary software and platform, mStrIP, allows program developers to enrich their mobile and Internet applications with capabilities for simultaneously sending and receiving streaming data. The "bi-directional streaming" capability can be used over today's 9.6 Kbps wireless networks and tomorrow's high-bandwidth networks such as GPRS and 3G. mStrIP enables programmers to design a variety of mobile applications ranging from simple content distribution to sophisticated bundling and delivery of data from multiple sources into a fully interactive mobile portal.


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