Data Interface Corporation Completes License Sale to AnnuityScout.com
YORK , Oct. 11, 2000
- Universal Data Interface Corporation (UDICo), a middleware software
company, today announced the signing of a license and support agreement
is an independent annuity service for both consumers and the company's
business-to-business alliances. Rated by Online Investor Magazine
(October 2000) as a top personal finance Web site, AnnuityScout.com
is the leading online and offline marketplace for no-load annuities.
Representing more than 50 insurance companies, the comprehensive
"supermarket" is designed to offer products directly to consumers
through AnnuityScout.com's business-to-business partnerships, backed
by its deep technology and distribution competencies.
product, the Universal Data Interface, is a high-speed middleware
product that converts high volumes of data and does large-scale
transaction management in real time. Its UDI Design Tool allows
the creation of conversion specifications quickly and easily using
a graphical point-and-click interface, and its Runtime Server can
perform conversions and transaction management according to these
specifications on a variety of platforms.
is a great validation of the versatility and performance of our
product", said Adam Greissman of UDICo, CTO and Company founder.
"AnnuityScout is on the cutting edge of B2B and B2C e-commerce,
so we're very pleased with their endorsement of our vision of a
real-time e-business platform.
COO and CIO of AnnuityScout.com, said "the relationship with UDI
signifies AnnuityScout's commitment to technology that enables friction-free
commerce and will benefit our relationships with many insurance
companies as well as improve B2B distribution through such outlets
as banks, brokerages, online consumer portals, and more. This purchase
will reduce internal processing, enabling us to serve our customers
The only online
marketplace for annuities offering choices from more than 50 highly
rated insurance companies, AnnuityScout's proprietary technological
platform enables the company to efficiently service the needs of
its B2B alliances and its B2C clients both on and offline. AnnuityScout
employs custom-designed engines, enhancing both the pre- and post-sales
experience. More information about AnnuityScout.com is available
at (800) TAX-CUTS.
About Universal Data Interface Corporation (UDICo)
UDICo is an emerging leader in the data integration needs of today's
growing businesses. Founded in July 2000, UDICo's goal is "data
without borders" for any enterprise that needs it: data that can
be used quickly, openly, and seamlessly across disparate systems.
This lets IT departments get back to mission critical projects without
requiring the time and trouble to custom code solutions to myriad
middleware problems. UDICo is based in New York City and is privately
held. For more information, visit www.udico.com.