VENTUS NETWORKS PROVIDES METAVANTE WITH SECURE CELLULAR CDMA SERVICES

Norwalk, CT, Nov. 29, 2004 - Ventus Networks, a full-service global telecommunications company, has contracted to provide cellular financial transaction routing technology to Metavante, a leading ATM processor and provider of banking and payment technologies.  Metavante is the financial technology subsidiary of Marshall & llsley Corporation.

Metavante selected Ventus CDMA (Code Division Multiple Access) cellular financial transport and routing service to provide their customers with secure and reliable wireless connectivity to drive off-premise ATM terminals.  Under the terms of the contract Ventus will provide a complete managed solution to Metavante, including network monitoring, installation and field service support.

Ventus Networks high-speed cellular transport solution operates in conjunction with TCP/IP and legacy protocols, enabling any remote device to communicate through a single network scheme.  Cellular transport operates over a private cellular (800 MHz) and PCS (1900 MHz) infrastructure and is designed for businesses that have a portfolio of deployed devices facilitating financial transactions.

Ventus uses its proprietary VFN wireless series routers and VNet Constant-Connect software enabling operation in all GSM and CDMA2000 environments.  The company's cellular network runs as part of a virtual private network (VPN) that is enhanced by Triple DES encryption with dynamic key exchange authentication and firewalls, and provides improved security for ATM, POS, or transactional kiosk devices.

"We are committed to provide Metavante with the latest wireless technology coupled with our outstanding customer service and support, "said Keith Charette, Ventus Networks President and CEO.  "We have made secure, wireless technology a marketplace reality.  Being selected to partner with such a highly respected leader in the ATM and banking industry as Metavante is quite a milestone.  Our entire team is energized and ready to work with them to continually strengthen their customer offerings."

"Metavante's new partnership with Ventus Networks adds to our position as one of the leading ATM drivers and to our capability to serve customers with the latest processing technology," said Bruce Hopkins, Senior Vice President, Metavante Payment Solutions Group.  "Ventus provides a very robust solution that doesn't require a long term hardware commitment.  By partnering with Ventus, Metavante gains a wider range of cell suppliers and expands our coverage to virtually the entire U.S."

Ventus Networks, with headquarters in Connecticut provides advanced global fixed wire and cellular telecommunication networks including a suite of managed service solutions.  Ventus Networks secure cellular CDMA/GPRS (wireless) data network is designed for the transportation of sensitive financial orientated data traffic and is capable of operating in a wide variety of accepted communication protocols.  Ventus Networks is a 2004 winner of of the Deloitte & Touche Fast 50, Rising Star category for technology companies in North America.  For more information regarding Networks and their suite of services, or more information regarding cellular financial transaction routing, please call (800)736-8720. Metavante Corporation delivers banking and payment technologies to financial services firms and businesses worldwide.  Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, and electronic presentment and payment.  The company's services are marketed as Metavante or through the Advanced Financial Solutions, Endpoint Exchange Network, Kirchman, Medical Banking Exchange, NuEdge Systems, NYCE, Paytrust, Printing For Systems or Response Data brands, all of which are trademarks of Metavante Corporation. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & llsley Corporation.                                                            

 

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