It appears the FNTN & Siemens relationship is strong:|
To: Tomato Man (6724 )
Friday, Sep 25 1998 4:00PM ET
Reply #6791 of 6802
Tomato & Gang (must read):
Recently, I posed these questions directly to Siemens.
Today, I received the following response:
I was the National Manager for Emerging Technologies in 1997 and
responsible for the sale and implementation of new multi-media services in North
America. I was fortunate enough the convince Financial Intranet (FNTN) that Siemens
was better prepared to provide a "total" solution, worldwide, then any of our
To answer your specific questions:
Q. 1.Financial Intranet publicly refers to Siemens as a "Strategic
Partner." Can you both confirm this claim and define the term as Siemens' understands
A. Siemens-Nixdorf, Inc. OEC, the Siemens computer division's Multi-Media
development arm considers FNTN a Strategic Partner, as do I. FNTN is one of our
first Multi- Media customers in North America. My goal is to make FNTN a
Multi-Media showcase and a conduit for new emerging technologies and applications...
a goal shared by my European counterparts.
Q 2. Financial Intranet claims to be using proprietary technology
co-developed by Siemens and Financial Intranet. Is this accurate and can you elaborate
on the uniqueness of the technology?
A. I would rather use the term "Open Technology with proprietary
enhancements". The FNTN platform uses, as a base, openly available hardware and
software technologies. This allows FNTN (and Siemens) to take advantage of the
"best-of-breed" products at the most cost effective prices. Proprietary enhancements
are then "layered" onto the open platforms, providing performance enhancements and
FNTN product uniqueness. When new releases of Hardware, Operating system and
application software are released, FNTN can easily upgrade. Siemens uses this
Q. 3. Since you are a supplier to Financial Intranet, I would like to
secure some form of recommendation from you concerning their company. I am not
looking for stock tips. I would like to know whether or not you would recommend them
based on business dealings - particularly in regard to integrity and reliability.
A. I am not quite sure how to answer your question. FNTN is a start-up company and
subject to all the risks that new companies face. However, FNTN is current on all
payments and has been a good customer. I have known Michael Sheppard for about
four years and have high regard for his personal integrity. I have never had
occasion/reason to think otherwise.
I hope this answers your questions,