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��Press Release
Press Contact: Julie Bower, Rivercalm. Tel: 020 7665 1636. Email:
[email protected]
Mobile Payments Solution Unveiled at Intel's UK Solutions Centre
Stratus and Mosaic Software Demonstrate Latest Banking Solution
Intel Solutions Lab, Reading England, 7th January 2002 - Stratus
and its banking solutions partner, Mosaic Software UK, recently
demonstrated a joint commitment to providing a fully-integrated
Mobile Payments solution that leverages a best-of-breed approach
to product selection.
The out-of-the-box solution offers Postilion Realtime as the
online authorization, transaction switching and terminal-driving
application running on Stratus ftServer fault-tolerant Windows
2000 servers. The solution enables a fast, cost-effective route to
mobile online authorization.
By using Thyron Technologies' PayCell mobile Point of Sale (POS)
terminal, payments transactions can be authorized online anywhere
a standard mobile carrier signal can be detected, thus offering
the benefits of online security in environments where a fixed line
connection is not an option.
Built using Intel� Pentium III Xeon� processors and supporting the
Microsoft� Windows 2000 operating system, the Stratus ftServer
series provides the powerful option of a fault-tolerant family of
servers at industry-standard prices. The inherent reliability of
the hardware's fault-tolerant design, which includes both dual-
modular redundancy and triple-modular redundancy, integrated with
unique software-availability features and service technology,
prevents downtimes and data loss and protects users and
applications from component outages.
Peter Rist, Partner Business Manager at Microsoft Ltd, who was on
hand to watch the demonstration, observed "This Mobile Payments
solution is extremely impressive, particularly since it deploys
Windows 2000 and SQL 2000 as a sound foundation for 24x7 mission
critical systems".
When a payment authorization request is initiated the transaction
is transmitted securely as GSM data over the wireless network to a
Postilion GSM Gateway. The gateway acts as a 'concentrator' for
mobile devices, passing the request to a Postilion Realtime funds
authorization server. The authorization server either authorizes
that transaction locally or switches it to the card issuer. From
the perspective of the cardholder the transaction appears just
like any other Point of Sale transaction, even to the point of
allowing PIN entry where required.
Steve Whiting of Mosaic Software UK says, "This exciting
development demonstrates that by combining the Postilion Realtime
application with Microsoft Windows 2000 and Stratus ftServer
hardware we are now able to offer a shrink-wrapped industrial
strength solution that readily meets today's fast changing mobile
EFTPOS business requirements. We are particularly pleased to see
the emergence of real-world examples of mobile payments and pre-
payments over GSM and GPRS that are enabled in conjunction with
Postilion Realtime by devices such as Thyron's PayCell."
About Mosaic Software
Mosaic Software is a leading edge provider of electronic funds
transfer (EFT) software for consumer-generated electronic
transactions, and is the market leader for web-enabled ATM and
prepay software solutions. The company is held by strategic
partners GE Equity and Comparex Holdings, and Mosaic Software
management. With offices in the UK, the US, South Africa and
Australia, Mosaic Software has a strong global presence.
The company is firmly established in the financial services
industry and its EFT solutions drive operations in a large number
of multinational companies and industry leaders around the globe.
Clients include financial institutions, retailers, Internet
service providers, card issuers, telcos, data processing service
providers and some of the foremost players in the emerging online
industry.
Mosaic Software's European clients include Retail Decisions (ReD),
Transaction Network Services, Royal Sun Alliance, GE, and Ashburn
UAB.
For further information please seeMosaic Software
About Stratus
Stratus Technologies offers a proven range of continuously
available computer platforms, application solutions, professional
services, and technologies for mission-critical business
operations. Many Stratus customers are highly visible industry
leaders such as prominent U.S. securities firms, major credit card
companies, the largest stock exchange in Asia, the largest options
exchange in the world, and 15 out of the world's 20 largest banks.
The Stratus 24-7 Technologies Division licenses technology for
fault tolerance to technology companies. Stratus has offices and a
comprehensive network of customer service centers worldwide, and
1,100 employees.
For further information please see:Stratus
Press Contact: Kirstina Reitan, AUGUST.ONE COMMUNICATIONS. Tel:
020 8434 5559 Email: [email protected]
About Microsoft
Founded in 1975, Microsoft Corp. (Nasdaq "MSFT") is the worldwide
leader in software, services and Internet technologies for
personal and business computing. The company offers a wide range
of products and services designed to empower people through great
software -- any time, any place and on any device.
For further information please seeMicrosoft
About Thyron Technologies
Thyron Technologies is the market leading supplier of Mobile
Payment Solutions. The company's advanced range of products
includes PayCell, which is the only mobile, portable or fixed
payment terminal which is independent of communications networks,
card technologies and geographical location; and Financer, a
family of intelligent, programmable, portable hand-held card
processing terminals for portable EFTPoS, retail, electronic
commerce and electronic banking.
The products have a full development environment, and Thyron
offers comprehensive training courses. The company operates
through technology partners around the globe through its Mobile
Alliance Partner (MAP) Programme.
Thyron supplies Card terminals for UK Merchants and develops
advanced Payment solutions for Banks and Corporates.
For further information please seeThyron
Contact: Tel: 01923 236 050 Email: [email protected]
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