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Sprint Unveils Plans for Mobile Banking Services Solution

Posted on: Thursday, 20 May 2004, 06:00 CDT

OVERLAND PARK, Kan., May 20 /PRNewswire/ -- Sprint plans to make it easier and more cost effective for financial institutions to provide banking services to small and independent business owners with Sprint Mobile Loan Officer. The new solution will allow bank employees to process loans, establish accounts, transfer funds and complete other financial transactions using wireless handheld devices certified to operate on the enhanced Sprint Nationwide PCS Network, including the popular Sprint PCS Vision(SM) Smart Device Treo(TM) 600 by palmOne(TM). Sprint will make this solution available through Sprint business sales channels early this summer.

(Logo: http://www.newscom.com/cgi-bin/prnh/20001013/SPRINTLOGO )

"While Sprint Mobile Loan Officer could be useful for financial institutions serving large-scale customers, it will be ideal for those catering to small and independent business owners who are consumed with running their business and find it difficult to get to the bank during traditional hours," said Tom McChesney, director of finance and insurance marketing segment, Sprint Business Solutions. "Utilizing the high-speed capabilities of the enhanced Sprint Nationwide PCS Network, financial-services employees will be able to tap into the information and applications they need to conduct important business transactions, at a time and place most convenient for their customers."

Sprint Mobile Loan Officer is built on the M-Business Anywhere(TM) mobile application platform from iAnywhere Solutions, a subsidiary of Sybase. iAnywhere is a market-leading provider of mobile-database, mobile-middleware and frontline-management solutions, providing mobile workers with anytime, anywhere access to critical business information. Utilizing the secure, high-speed data capabilities of the enhanced Sprint Nationwide PCS Network and open standards of the iAnywhere(R) mobile platform, insurance carriers can easily mobilize a wide variety of existing information systems or develop customized applications for mobile workers.

"By working with iAnywhere, Sprint can leverage our proven mobile technology to quickly and effectively help its business customers extend critical enterprise information to a wide range of mobile devices," said Kate Quackenbush, director of marketing at iAnywhere. "Sprint Mobile Loan Officer can empower financial institutions to deliver the highest level of customer service and convenience to their small-business customers, leveraging the reliability and power of iAnywhere's market-leading mobile enterprise technology."

The financial services industry is a key vertical segment for Sprint and beneficiary of a customized portfolio of voice and data solutions to help keep financial-services firms connected and working well. Sprint Solutions for Financial Services can deliver integrated wireline and wireless technology, top-ranking network reliability, business continuity solutions, industry-leading service level agreements and around-the-clock managed security. Sprint is showcasing solutions for the financial services industry in Boston, Mass., May 19-21 at the Towergroup Financial Services Business & Technology Conference, booth number 22.

Sprint has been recognized for its leadership in vertical markets overall with the 2004 Frost & Sullivan Telecom Services Vertical Company of the Year award. For more information, please visit http://www.sprintbiz.com/solutions/insurance .

About Sprint

Sprint is a global integrated communications provider serving more than 26 million customers in over 100 countries. With approximately 65,000 employees worldwide and over $26 billion in annual revenues in 2003, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all-digital, fiber-optic network and an award-winning Tier 1 Internet backbone. Sprint provides local communications services in 39 states and the District of Columbia and operates the largest 100-percent digital, nationwide PCS wireless network in the United States. For more information, visit http://www.sprint.com/ .

About iAnywhere

iAnywhere is the worldwide market leader in mobile databases, mobile middleware and frontline management solutions. In addition, its AvantGo(R) mobile Internet service has more than ten million registered subscribers. iAnywhere is a subsidiary of Sybase, Inc. , and its mobile technology plays an important role in the Sybase(R) Unwired Enterprise initiative to unlock and deliver enterprise information anytime, anywhere. Visit http://www.ianywhere.com/ for more information.

Sybase, iAnywhere, iAnywhere Solutions, M-Business Anywhere, SQL Anywhere and AvantGo are trademarks, registered trademarks or servicemarks of Sybase, Inc. or its subsidiaries. (R) indicates registration in the United States of America.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001013/SPRINTLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

Sprint

CONTACT: Amy Schiska of Sprint, +1-913-794-2947,aschis01@sprintspectrum.com

Web site: http://www.sprint.com/http://www.sprintbiz.com/solutions/insurancehttp://www.ianywhere.com/

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