OANDA Launches in Conjunction with NOKIA One of the First WAP (Wireless Application Protocol) Services Seen in the World and Releases Its Latest Currency Converter for AOL

Mar 23, 1999, 00:00 ET from OANDA

    ZURICH, Switzerland, March 23 /PRNewswire/ -- On February 23, 1999 OANDA
 became one of the first Internet players to introduced WAP services when a new
 pilot service was premiered at the GSM World Congress 99 in Cannes, France.
 As a member of the Nokia Artus Developers Program, OANDA has partnered with
 Nokia Telecommunications to develop Value Added Services for mobile operators.
 This service, which provides OANDA Internet content (its currency exchange
 rates) to the wireless domain, is formatted especially for the small screens
 of mobile devices using Wireless Markup Language (WML).  It was unveiled along
 with the new NOKIA 7110 media phone; the world's first media phone for
 Internet access based on WAP.  It was the first demonstration of WAP services
 seen in the world.
     OANDA also launched last week its latest customized currency converter,
 having developed a new and sophisticated Currency Converter for AOL Travel.
 This new service is now up and running on America Online and available to the
 large base of AOL subscribers.  Its features include the newest version of
 OANDA's trademark 'Cheat Sheet for Travelers.'  Where after converting a
 specific amount with the cash or credit card rate, one can conveniently
 retrieve this useful table to print out and carry along as a reference for
 those going abroad.  Another dynamic added feature is an historical graph,
 which can visually plot a currency's tract over the last 12 months.
     About OANDA
     Undoubtedly, OANDA's most popular product is its 'Customizable Currency
 Converter' & 'Customizable Cheat Sheet for Travelers.'  Both these converter
 tools can be integrated onto any website for a Value Added Service to provide
 site visitors.  Clients using such Currency Converters powered by OANDA
 include: CNN Interactive and CNNfn, TIME.COM, Swissair, and AOL.
     As many other major websites continue to sign on to OANDA's customized
 converter services, its own site (http://www.oanda.com, providing daily
 currency exchange rates) has a variety of currency converter tools and
 forecasting models for both those in modest need of currency information and
 the more serious foreign exchange traders and investors.  Its best example of
 how it configures its vast data into readily useable forms is a tool set
 called the 'FX Playground,' a Java-based application that can graph the
 historical behavior of various major currencies in 6 different ways.  Also,
 the 'Directional Forecast,' 'Timing Indicators' and 'Today's Market Insight'
 are powerful forecasting information aids for FX traders and investors,
 providing forecasts of up to 3 months for the world's major currencies.
     CONTACT:  Jenny Zhan Sidler of OANDA, +41-1-386-4904, or jzhan@oanda.com.