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Press Release
ZANTAZ Partners With FaceTime to Offer Regulatory Compliance Solutions for Instant Messaging Over Public Networks
ZANTAZ Integrates FaceTime IMAuditor Product With its DigitalSafeTM Archiving Services to Support IM Needs of Financial Services Industry
PLEASANTON, CA and FOSTER CITY, CA (December 17, 2001) -- ZANTAZ, a leader in regulatory and legal compliance technology solutions for the financial services industry, and FaceTime Communications, the premier provider of instant messaging (IM) applications for business, today announced that they have entered into a reseller agreement. As part of the agreement, ZANTAZ will integrate FaceTime's
IMAuditor with ZANTAZ DigitalSafeTM archiving services to provide a comprehensive instant messaging logging and archiving solution that complies with federal and industry regulations for financial services companies.
The combined ZANTAZ/FaceTime solution offers brokerage and other financial firms the ability to manage and monitor IM communication across all major public IM networks, including AOL, MSN and Yahoo! -- while complying with relevant SEC and NASD regulations. FaceTime will also develop an IM Connector that enables instant messages to be automatically routed to the ZANTAZ DigitalSafe for archiving, searching and immediate retrieval capabilities.
"We are pleased to partner with an instant messaging leader like FaceTime to further strengthen and expand our compliance technology solutions for the financial services industry," said Steve King, president and CEO of ZANTAZ. "The ZANTAZ/FaceTime partnership is another powerful demonstration of how ZANTAZ is helping financial services companies solve urgent regulatory and audit compliance problems through innovative and cost-effective technology, our proven DigitalSafe archiving infrastructure and Professional Services expertise."
"Financial institutions continue to discover widespread heavy use of instant messaging by broker-dealer-traders for time-sensitive business communications," said Glen D. Vondrick, President and CEO of FaceTime. "FaceTime's unique ability to offer an enterprise solution that provides integration with the public instant messaging networks from AOL, MSN, and Yahoo!, enables these firms to seamlessly integrate compliance solutions with their existing processes. Our partnership with ZANTAZ ensures all instant messaging conversations on any network are archived and supervised in conjunction with the secure, scalable ZANTAZ DigitalSafe services."
About FaceTime Communications
Founded in 1998, FaceTime Communications is the leading provider of security solutions for the management and
control of greynet applications such as adware/spyware, instant messaging, webmail, P2P file sharing, web
conferencing and instant voice. FaceTime delivers the industry's first IMPact Index, which assesses "point-in-time"
risks posed by viruses, worms and other malware propagating through greynet applications. FaceTime's award-winning
solutions are used by over 600 customers, among them seven of the eight largest U.S. financial institutions.
FaceTime supports or has strategic partnerships with all leading public and private IM network providers, including
AOL, Google, Microsoft, Yahoo!, IBM, Bloomberg, Jabber and Reuters.
FaceTime is headquartered in Foster City, California. For more information visit http://www.facetime.com or call 888-349-FACE.
About Zantaz
ZANTAZ is a leading provider of electronic archiving and information management solutions designed to meet the regulatory and legal compliance needs of financial services companies and other organizations. Based upon the ZANTAZ Digital SafeTM archiving infrastructure, proprietary technology and Professional Services expertise, the company solves urgent audit, regulatory and litigation problems that involve the capture, restoration, retrieval and long-term preservation of vast amounts of data. Launched in 1998 and located in the San Francisco Bay Area, ZANTAZ is a privately held company that is backed by leading corporations and venture capital investors. For further information, visit the Website at www.zantaz.com, or call (800) 636-0095.
PR Contact:
Emily Chamberlin
650-762-2945
echamberlin@ar-edelman.com
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