Ericsson and FinGo announce GPRS compatibility of jointly developed mobile financial applications 

As part of their new-generation wireless internet applications partnership (GPRS ­ UMTS) FinGO and Ericsson have demonstrated the compatibility of FinGO-developed applications with GPRS (General Packets for Radio Service) enabled mobile phones. As an intermediate step in the transition to UMTS, GPRS significantly boosts data transmission speeds. These trials are contributing to the development of mobile telephony industry standards ­ GPRS and UMTS ­ and are contributing to the take-off of wireless Internet services.

In April 2000, Ericsson France and FinGO signed a partnership agreement involving joint development of wireless Internet finance and stock market solutions. FinGO offers a range of wireless finance solutions with a number of functionalities, including access to financial data, alerts, and transmission of stock market trading orders. The range is designed for on-line brokers, banks and telcos. Ericsson France is thus providing FinGO and its customers with the benefit of its technological consultancy services and experimental networks in order to develop tomorrow¹s wireless Internet.

FinGO was among the first to offer GPRS applications. The positive outcome of GPRS compatibility trials in Ericsson¹s MAI Gate environment proves its technological expertise. Ericsson France is delighted with this success, which forms an integral part  of the ongoing wireless Internet revolution, and sees FinGO as one of its privileged partners,² said M. Marciguey, Ericsson France Business Development Manager.

The compatibility of GPRS applications developed by FinGO is a major step forward in our relations with Ericsson. This highly-successful outcome validates FinGO technology and cements our partnership with Ericsson. The initiative is in line with our strategy of offering the finance professions a one-stop solution for all platforms and thus provide solutions to the problems of multiple wireless Internet standards,² says FinGO CEO, Frédéric Thuard.

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