What's New at Ezenet?

On February 5th, 2001 Ezenet completed the acquisition of privately held Fitech Inc., a developer of web-based financial planning software.

This acquisition combines the strengths of Ezenet's wealth management solutions and Fitech's financial planning, budgeting and sales technologies to provide quicker time to market and accelerated development of the Ezenet Personal Financial Portal.

"With the close of this acquisition, we are ramping up to provide financial institutions with our integrated personal financial technology, targeted for the mass market customer," stated Jay Cashmore, President and CEO of Ezenet Corp.

The Ezenet Personal Financial Portal will enable clients of financial institutions to utilize financial planning tools while accessing the real time status of their investment portfolio. The portfolio will be consolidated within the sponsoring institution and aggregated from other institutions where the client has account relationships. By leveraging the integrated technologies within the EZENET Personal Financial Portal, financial institutions will enable their clients to execute real time investment transactions across all delivery channels including wireless and Internet.