SOURCE: Kabira Technologies, Inc.

July 14, 2008 03:00 ET

Baldwin Hackett & Meeks, Inc. and Kabira® Technologies Sign Joint Marketing Agreement

Companies to Deliver Payment and Settlement Systems to Global Market

SAN MATEO, CA and OMAHA, NE--(Marketwire - July 14, 2008) - Kabira Technologies, Inc. (Kabira), a leader in high performance transaction processing software for global enterprises, today announced that it had signed a joint marketing agreement with Omaha, Nebraska-based Baldwin Hackett & Meeks, Inc. (BHMI). The two companies have agreed to work together at select accounts to integrate BHMI's Concourse-ESP™, a powerful EFT settlement and reconciliation platform with Kabira Payments 2.0, a real-time payments system for card payments processing.

"Our Concourse-ESP settlement platform is an ideal complement to Kabira's payment system," said Jack Baldwin, BHMI chairman. "We are able to deliver a flexible, robust, rules-driven back office settlement solution based on a continuous processing model. Concourse-ESP can accept a continuous transaction feed from Kabira's Payments application and process the incoming information as it arrives. This philosophy of near real-time data loading allows the processing of transactional data to be spread across the day and is a standard feature of all business services and processing within the Concourse suite."

"The combination of BHMI's offerings with Kabira's highly-available and low-latency transaction technology is ideal for card issuers and acquirers who are interested in streamlining or upgrading their operations," added Chris Clabaugh, vice president of business development at Kabira Technologies. "Together, we can provide customers with a high-performance, scalable open systems environment, designed to enable enterprises to improve service, provide architectural flexibility, and dramatically reduce the cost per transaction."

Both Kabira and BHMI support a global customer base through a combination of direct sales, system integrators and channel partners. To schedule a customer briefing or Webinar highlighting the advantages of the combined offering, please send an email to sales@kabira.com or sales@bhmi.com.

About Kabira Technologies, Inc.

Kabira Technologies, Inc. ("Kabira") provides proven "extreme transaction processing" software for large enterprises. Its products are designed to meet the demanding requirements of real-time, always-on business processes. Kabira supports mission-critical business applications, including card payment processing and real-time charging and provisioning for telecom services. Kabira software is designed to be implemented rapidly with much higher performance and at substantially less cost than alternatives. Kabira has installed its products for over 100 customers in over 40 countries. VISA, France Telecom, AT&T Corp., Bank of America, Alcatel and others rely on Kabira to support some of their vital business processes. Kabira Technologies is a privately held company.

Kabira, Kabira Charging, Kabira Payments, Kabira Transaction Platform, the Kabira logo and certain other trade names, trademarks and logos which may be registered in the United States, Australia and Europe, are owned by Kabira Technologies, Inc. or its affiliates. These marks may not be used in connection with any product or service that does not belong to Kabira, unless expressly permitted by a license with Kabira, and may not be used in any manner likely to cause confusion among customers, nor in any manner that disparages or discredits Kabira, its licensor, its subsidiaries or affiliates. All other trademarks are the property of their respective owners.

About Baldwin Hackett & Meeks, Inc.

Baldwin Hackett & Meeks, Inc. (BHMI) has been creating large-scale online transaction processing software in the financial services industry for more than 22 years. Concourse, one of BHMI's leading product offerings, is a powerful PCI-compliant back office software suite that has set a new standard for managing electronic payments. Its rules-based technology and continuous processing architecture combine to form one of the world's most reliable and flexible EFT settlement, disputes and fees processing solutions. Designed for use with a wide variety of hardware platforms, operating systems and databases, Concourse-ESP™ is the settlement and reconciliation module of the Concourse product family. Concourse-ESP also includes a powerful online transaction activity repository that provides up-to-the-minute data access via a secure browser-based interface.

Contact Information

  • Press Contact for Kabira
    Sharon Kawaguchi
    650.931.3700
    Email Contact

    Press Contact for BHMI
    Casey Scheer
    Director of Marketing & Sales
    +1-402-333-3300
    Email Contact