Xignite Partners With Grand Central Communications to Enhance on Demand Financial Applications With Award-Winning Integration

Xignite Partners With Grand Central Communications to Enhance on Demand Financial Applications With Award-Winning Integration

Partnership Enables Xignite Customers to Leverage Grand Central's Business Services Network to Build and Integrate On Demand Financial Applications

FOSTER CITY, Calif., Feb. 8 /PRNewswire/ -- Xignite, provider of on demand web services for the financial services market, has partnered with Grand Central Communications, Inc., the leading provider of Integration On Demand(SM) solutions, to deliver Grand Central's award-winning Business Services Network to their customers. The alliance enables Xignite customers to easily integrate financial Web services with other enterprise applications through a cost effective, risk-free, on demand integration approach, which scales far beyond traditional point-to-point enterprise software solutions.

Firms are increasingly looking to Web services to collect the data and deliver the functionality they need to power their financial applications. However, financial Web service components capable of supporting complex business processes are not always readily available. Xignite solves that problem by providing a single, integrated on demand service for all these components, including quotes, news, interest rates, security information and more.

"Grand Central's Integration On Demand solution naturally complements our On Demand financial Web services platform," said Stephane Dubois, Xignite's CEO. "This partnership provides our customers with a risk-free solution for building powerful on demand financial applications from scratch, or for integrating our financial Web services with their existing applications."

"Integrating financial market data with enterprise applications has traditionally been a complex and risky exercise. The lack of standard protocols and an integration solution that allows data to flow seamlessly between diverse applications has cost companies millions of dollars in time and money," said Halsey Minor, chief executive officer and founder of Grand Central Communications. "Through our partnership with Xignite, enterprises can now rapidly integrate the financial market data they need into their other applications to create new and reusable business processes and then share them throughout their extended enterprise."

About Xignite, Inc.

Xignite helps its clients build cost-effective on demand financial applications by providing the largest collection of financial components -- including quotes, news, interest rates, filing, security information and more -- on one integrated Web services platform. Xignite clients use its Web services to power financial, enterprise, wireless, portal, and other mission-critical applications without the integration costs and delays of traditional solutions. A pioneer in the field, Xignite introduced its first commercial Web service in 2003 and now serves millions of Web service requests to more than 100 enterprise customers worldwide.

About Grand Central Communications

Grand Central Communications provides Integration On Demand(SM) solutions through its award-winning, subscription-based Business Services Network. Together with our community of on demand service provider and system integrator partners, we enable enterprises to easily integrate and share applications, data, and processes throughout the extended enterprise, without installing, maintaining, or supporting costly hardware or software. By offering integration as an on demand service, Grand Central and its partners dramatically increase the success and eliminate the risk of business integration, providing a better alternative to complicated, lengthy, and expensive traditional software deployments.

Grand Central's market-changing approach has received significant recognition in the industry, including InfoWorld's Technology of the Year Award for "Best Web Services Integration Solution" for 2004 and 2005, and being named as a finalist in PC Magazine's 21st Annual Awards for Technical Excellence in the category of Enterprise Software.

The company is headquartered in San Francisco, California. Call 1-800-845-4313 or visit www.grandcentral.com for more information.


Source: Grand Central Communications, Inc.

CONTACT: PR Department of Xignite, Inc., +1-650-655-3700; or
Suzanne McCormac of Grand Central Communications, +1-415-344-3160, or
smccormac@grandcentral.com; or Julia Blystone of Outcast PR, +1-415-392-8282,
or julia@outcastpr.com, for Grand Central Communications

Web site: http://www.grandcentral.com/


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