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Press Release
Reuters Selects FaceTime as OEM Provider for Its Reuters Messaging Compliance Solution
Reuters to offer Reuters Messaging Compliance Manager to Provide its Customers with FaceTime's True Compliance Capabilities
NEW YORK, NY and FOSTER CITY, Calif. - April 25, 2005 - Reuters (LSE: RTR, Nasdaq: RTRSY), the global information company, today announced it has selected FaceTime Communications, the premier provider of solutions that secure, manage and extend instant messaging (IM) and peer-to-peer (P2P) applications, as its Original Equipment Manufacturer (OEM) provider for its Reuters Messaging Compliance Manager.
The new compliance solution, which Reuters plans to release later this year, will support customers' needs to meet strict compliance and corporate governance requirements imposed on the highly regulated financial services sector. This announcement complements Reuters existing relationship with FaceTime under the Reuters Messaging Compliance Partner Program.
FaceTime's industry unique TrueCompliance™ are a collection of features that support the need for strict regulatory compliance for IM and P2P networks. These features will support the upcoming Reuters Messaging 5.0, to include forms and multi-party persistent chat.
David Gurle, EVP, Global Head of Collaboration Services at Reuters, said: "The world's leading financial services firms rely on Reuters Messaging to conduct business. As such, it is critical that our compliance platform supports our customers' needs to meet the most stringent regulatory requirements. We teamed up with FaceTime because of their advanced technology and market leadership."
Kailash Ambwani, President and CEO at FaceTime Communications, said: "FaceTime is proud to collaborate with Reuters, the dominant provider of messaging solutions for the world's financial services firms. Through this alliance, Reuters Messaging customers stand to benefit from the world's only solution that truly complies with all government regulations."
FaceTime was selected by Reuters for FaceTime's longstanding leadership in both innovation and market share in the IM compliance, management and security space; the robust functionality, stability and scalability of its product suite; and a successful track record with OEMs.
As a next step, Reuters plans to make Reuters Messaging Compliance Manager available on a hosted basis. For more information about Reuters Messaging Compliance Manager, please visit www.reuters.com/messaging.
About Reuters
Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 14,500 staff in 91 countries. This includes 2,300 editorial staff in 196 bureaus serving 129 countries, making Reuters the world's largest international multimedia news agency. In 2004, Reuters Group revenues were £2.9 billion.
Reuters and the sphere logo are the trade-marks of the Reuters group of companies.
About FaceTime Communications
FaceTime Communications enables the safe and productive use of instant
messaging, Web usage and Unified Communications platforms. Ranked number one by
IDC for four consecutive years, FaceTime's award-winning solutions are used by
more than 900 customers – including nine of the 10 largest U.S. banks – for
security, management and compliance of real-time communications. FaceTime
supports or has strategic partnerships with all leading public and enterprise
IM network providers, including AOL, Google, Microsoft, Yahoo!, Skype, IBM,
Reuters and Jabber.
FaceTime is headquartered in Belmont, California. For more information visit
http://www.facetime.com or call 888-349-FACE.
The FaceForward blog, at http://blog.facetime.com,
offers thoughts and opinions about the changing nature of Internet communications.
PR Contact:
Emily Chamberlin
650-762-2945
echamberlin@ar-edelman.com
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