Sector, Inc. and AXS-One Announce Strategic Alliance
March 22 2004 - 8:30AM
PR Newswire (US)
Sector, Inc. and AXS-One Announce Strategic Alliance Sector to
Offer AXS-One Enterprise Compliance Platform in Hosted, ASP or
Hybrid Environment NEW YORK, and RUTHERFORD, N.J., March 22
/PRNewswire-FirstCall/ -- Sector, Inc.(R), a leading managed
services, communications and data distribution provider for the
financial services industry, and AXS-One Inc., a leading provider
of enterprise compliance platform solutions, today announced a
strategic alliance enabling both organizations to offer the
AXS-One(R) Compliance Platform for Email and Instant Messaging
Archival, Supervision, and Discovery in a hosted, ASP or hybrid
environment. Because the proposed alliance offers customers several
options, they can select the environment that best aligns with
their internal technology infrastructure and operations. Through
the alliance, Sector will utilize AXS-One's Enterprise Compliance
Platform, a platform solution that assists any organization in
establishing centralized policy and enforcement controls for
management and compliance objectives for electronic communications
and records management. The Sector Email and IM compliance solution
complements AXS-One's software value by providing customers with
multiple options for deploying and managing acompliant email
archive, with long term retention for SEC Rule 17a-4 managed
disposition, supervisory review functionality for NASD 3010 and for
quickly responding to legal and audit requests. Customers can now
have Sector host their software and subscribe to the Sector fully
managed service, or select a hybrid approach of an in-house and
hosted solution. This ability helps businesses to more easily align
their compliance solution with the requirements of their internal
technology infrastructure, while speeding implementation,
controlling costs, and maintaining a high level of security and
service. "In the financial services industry, firms of all sizes
and capabilities have trusted Sector for reliable, cost-effective
solutions that provide flexibility to meet their specific needs,"
stated Fred Del Gaudio, President and CEO of Sector, Inc. "Our
alliance with AXS-One is a natural fit, given its long-standing
reputation for providing SEC and NASD-compliant solutions for the
financial services industry. Additionally, its Linux alternative
for the archive is very appealing because many larger firms are
moving in this direction. AXS-One's ease of implementation and
flexibility has been proven in all of our implementations." "We are
excited about partnering with Sector to increase the number of
options available to customers to implement the AXS-One Compliance
Platform for Email and Instant Message Management," stated Peter
Mojica, vice president, product marketing and management for
AXS-One. "The complementary synergy of AXS-One and Sector offers
highly scalable, complete solutions with unparalleled domain
expertise in the financial services and regulated industries.
Together we will provide rapid activation and implementation of
compliant solutions for meeting the industry's needs for today with
constant anticipation of what is needed for the future." About
AXS-One AXS-One (AMEX:AXO) is a provider of supply chain management
solutions for service industries that extend the finance function
and allow organizations to work collaboratively with their
partners, suppliers, employees, and customers while preserving
investments in existing systems. AXS-One has implemented
high-volume, interoperable, scalable, and secure business solutions
for the global 2000. Its Web Services-based technology has been
critically acclaimed as best of class. AXS-One has approximately
250 employees in offices worldwide, including Australia, Canada,
Singapore, United Kingdom, United States, and South Africa. AXS-One
was founded in 1978, and is based in Rutherford, New Jersey, U.S.A.
For further information, visit the AXS-One web site at
http://www.axsone.com/. About Sector, Inc.(R) Sector, Inc., the
subsidiary of the Securities Industry Automation Corporation(SM)
(SIAC(SM)), offers a wide range of high value communications,
networking, and managed services, which include email archival
compliance, outsourcing, facilities management, disaster recovery,
E solutions, enterprise services, network, and data distribution
services. Headquartered in New York City, Sector, Inc. has regional
offices in Chicago, San Francisco, and Boston. More information can
be found at http://www.sectorinc.com/. AXS-One, the AXS-One logo,
"Access Tomorrow Today," AXSPoint, and TransAXS are registered
trademarks of, and e-Cellerator, AXS Desk, "AXS-One Collaboration
FrameWorks," SMART, and Tivity are trademarks of, AXS-One Inc., in
the U.S. All other company and product names are trademarks or
registered trademarks of their respective companies. Sector, Inc.
Contact: AXS-One Contact: Joyce Smith Dawn Ryan (212) 383-2168
(201) 372-6243 DATASOURCE: AXS-One Inc. CONTACT: Dawn Ryan of
AXS-One, +1-201-372-6243, ; or Joyce Smith of Sector, Inc.,
+1-212-383-2168, Web site: http://www.axsone.com/
http://www.sectorinc.com/
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