Brixlogic Joins IFX Forum

Will Help Develop Standards for Electronic Exchange of Financial Data

Mountain View, CA (PRWEB) January 8, 2004 --Brixlogic, a provider of application platform software solutions for the financial services and insurance industries, today announced that it has become a corporate member of the Interactive Financial eXchange (IFX) Forum. The IFX Forum is a non-profit consortium of financial institutions, service providers and independent software vendors (ISVs) whose members work together to develop a robust XML framework for the electronic business-to-business exchange of data among financial service institutions around the world.

Brixlogics software solutions address the needs of hardware providers, ISVs and corporate development groups for an IFX based application platform that ensures that the latest IFX standards are implemented, while providing an easy process to modify IFX based applications to adhere to new IFX standards versions as they evolve.

We are excited to be affiliated with the IFX Forum," said Xavier Wartelle, CEO of Brixlogic. Our experience working with ATM and POS (Point of Sale) hardware vendors and software vendors that are providing IFX-based solutions, as well as financial service institutional developers, will allow us to provide valuable input regarding the development of IFX standards. As a result of our association with the IFX Forum we will continue to be on the forefront of providing solutions to the industry that adhere to those standards, ensuring interoperability among vendors and users."

About the IFX Forum
The Interactive Financial eXchange (IFX) Forum is a non-profit standards-developing organization made up of leading financial institutions, service providers and software vendors. The IFX Forum's mission is to facilitate the development and maintenance of specifications and standards necessary for interoperable and interactive financial exchange.

Membership in the IFX Forum is open to anyone interested in contributing to the development of open financial standards that harness the power of XML. The IFX Forum is currently organized into the following Working Groups: ATM/POS; Business Banking; Electronic Bill Presentment & Payment; and Web Services. IFX Forum Working Groups, in concert with an Architecture Committee to coordinate their efforts, develop open Internet-compatible messages for all sectors of the financial services industry. To learn more about IFX Forum standards or the benefits of IFX Forum membership, please visit www.IFXForum.org.

Brixlogic Background
Brixlogic provides application platform software solutions for the financial services and insurance industries that make business process integration easy between internal organizations or with business partners. Brixlogic solutions simplify the process of transitioning to new XML- based transaction protocols and dealing with the complexity of multiple transaction protocols such as IFX, OFX, FIX, ISO 8583 and ACORD XML and their multiple versions. The Brixlogic Application Platform provides a complete solution, including a graphical based design and customization tool, pre-built protocol specific application scenarios for business logic prototyping, simulation modules for pre-deployment testing and a run time environment for full application deployment.

Brixlogic, Inc., a private company founded in 2002, has its headquarters in Mountain View, California as well as a development and sales office in Paris, France. For more information please visit our website at: www.brixlogic.com.
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