Stock-Borrow.com(R) Integrates Bantu, Inc.'s Presence and IM Platform Into Financial Services Site

Real-Time Communications to Enable Faster, Easier Transactions



Apr 23, 2001, 01:00 ET from Bantu, Inc.

    WASHINGTON, April 23 /PRNewswire Interactive News Release/ -- Stock-
 Borrow.com, a financial services Web site that displays its member companies'
 securities that are available for loan, announced today a partnership with
 Bantu, Inc., a leading provider of presence and instant messaging (IM)
 technology for enterprise software and services companies.  Through extensive
 integration of Bantu's Web presence and IM tools, Stock-Borrow.com's 60-plus
 member companies, including American Express Financial Advisors, Goldman
 Sachs, Merrill Lynch, and UBS PaineWebber, will be able to search for,
 communicate about, and negotiate loans on securities listed on the site more
 efficiently.
     "Bantu's platform will significantly speed up transactions between our
 member traders," said Damian Henry, President and CEO of Stock-Borrow.com.
 "Throughout the Stock-Borrow.com site, presence technology enables traders to
 see which other members are currently online, and simply click on an icon to
 initiate real-time IM conversations with them," said Henry.  "By having
 instant access to one another for questions and exchanging information,
 borrowers and lenders can quickly resolve issues and close deals."
     Through the Bantu Presence Application Programming Interface (API), names
 of traders who are associated with a security available for loan can appear
 throughout the Stock-Borrow.com Web site (for example, on message boards or on
 a stock needs list).  Wherever their names appear, they can be instantly
 contacted by a borrower or lender, regardless of whether they're on that
 person's IM contact list.
     "Stock-Borrow.com's partnership with Bantu demonstrates the growing desire
 of Web-based businesses to use presence and IM to increase their
 competitiveness," said Larry Schlang, President and CEO of Bantu, Inc.
 "Bantu's platform is particularly well-suited for financial services companies
 and other organizations whose online communication exchanges must be highly
 secure."
     Bantu's enterprise-focused IM platform addresses the unique security
 requirements of Stock-Borrow.com and other business-to-business exchanges.
 Through Bantu's patent-pending technology, all messages sent between users are
 fully encrypted.  In addition, the Bantu platform enables Stock-Borrow.com
 members to comply with regulations by saving time-stamped transcripts of
 trader dialogues.
 
     About Bantu, Inc.:
     \ban' too\ 1 : Swahili word for "The People;" 2 : Leading provider of
 presence-based, platform independent, instant communications technology for
 enterprise software and services companies.  Bantu's flagship product, Bantu
 Messenger, is the first hosted instant messaging solution that easily
 integrates into enterprise software and services, enhancing their
 competitiveness.  Based on patent-pending techniques, Bantu Messenger combines
 simple-to-use functionality with secure, interoperable technology.  It is the
 only thin-client messenger that is easy to implement and customize,
 multilingual, and firewall friendly. Bantu Messenger interoperates with other
 IM Networks, including MSN, Yahoo! and ICQ.  Bantu, Inc., is based in
 Washington, D.C., and boasts an impressive customer list including HighWired,
 Prospero, SageMaker, SAIC, Sequoia Software Corporation, Sprint, and Texas
 Instruments. To learn more, visit http://www.bantu.com .
 
     About Stock-Borrow.com:
     Stock-Borrow.com is a B2B Web site that displays its members' securities
 that are available for loan.  The purpose is to save time, make stock searches
 easier, reduce calls for locates and provide other valuable services.  Stock-
 Borrow.com features four specific functions:  Stock Locating provides timely
 box lists to all members, eliminating faxes and allowing members to obtain all
 information from one source.  Hot Stocks lists securities at reduced rates.
 Needs List allows the user to enter a list of securities into the system,
 which then notifies the user when the positions become available.  Message
 Bulletin Board allows the user to communicate with other members about
 specific security needs, loan positions, or information sought.  Stock-
 Borrow.com's members include current members of National Depositories Clearing
 Corporations and Hedge Funds, as well as non-clearing brokers, traders and
 retail branches.  To learn more, visit http://www.stock-borrow.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X32782257
 
 

SOURCE Bantu, Inc.
    WASHINGTON, April 23 /PRNewswire Interactive News Release/ -- Stock-
 Borrow.com, a financial services Web site that displays its member companies'
 securities that are available for loan, announced today a partnership with
 Bantu, Inc., a leading provider of presence and instant messaging (IM)
 technology for enterprise software and services companies.  Through extensive
 integration of Bantu's Web presence and IM tools, Stock-Borrow.com's 60-plus
 member companies, including American Express Financial Advisors, Goldman
 Sachs, Merrill Lynch, and UBS PaineWebber, will be able to search for,
 communicate about, and negotiate loans on securities listed on the site more
 efficiently.
     "Bantu's platform will significantly speed up transactions between our
 member traders," said Damian Henry, President and CEO of Stock-Borrow.com.
 "Throughout the Stock-Borrow.com site, presence technology enables traders to
 see which other members are currently online, and simply click on an icon to
 initiate real-time IM conversations with them," said Henry.  "By having
 instant access to one another for questions and exchanging information,
 borrowers and lenders can quickly resolve issues and close deals."
     Through the Bantu Presence Application Programming Interface (API), names
 of traders who are associated with a security available for loan can appear
 throughout the Stock-Borrow.com Web site (for example, on message boards or on
 a stock needs list).  Wherever their names appear, they can be instantly
 contacted by a borrower or lender, regardless of whether they're on that
 person's IM contact list.
     "Stock-Borrow.com's partnership with Bantu demonstrates the growing desire
 of Web-based businesses to use presence and IM to increase their
 competitiveness," said Larry Schlang, President and CEO of Bantu, Inc.
 "Bantu's platform is particularly well-suited for financial services companies
 and other organizations whose online communication exchanges must be highly
 secure."
     Bantu's enterprise-focused IM platform addresses the unique security
 requirements of Stock-Borrow.com and other business-to-business exchanges.
 Through Bantu's patent-pending technology, all messages sent between users are
 fully encrypted.  In addition, the Bantu platform enables Stock-Borrow.com
 members to comply with regulations by saving time-stamped transcripts of
 trader dialogues.
 
     About Bantu, Inc.:
     \ban' too\ 1 : Swahili word for "The People;" 2 : Leading provider of
 presence-based, platform independent, instant communications technology for
 enterprise software and services companies.  Bantu's flagship product, Bantu
 Messenger, is the first hosted instant messaging solution that easily
 integrates into enterprise software and services, enhancing their
 competitiveness.  Based on patent-pending techniques, Bantu Messenger combines
 simple-to-use functionality with secure, interoperable technology.  It is the
 only thin-client messenger that is easy to implement and customize,
 multilingual, and firewall friendly. Bantu Messenger interoperates with other
 IM Networks, including MSN, Yahoo! and ICQ.  Bantu, Inc., is based in
 Washington, D.C., and boasts an impressive customer list including HighWired,
 Prospero, SageMaker, SAIC, Sequoia Software Corporation, Sprint, and Texas
 Instruments. To learn more, visit http://www.bantu.com .
 
     About Stock-Borrow.com:
     Stock-Borrow.com is a B2B Web site that displays its members' securities
 that are available for loan.  The purpose is to save time, make stock searches
 easier, reduce calls for locates and provide other valuable services.  Stock-
 Borrow.com features four specific functions:  Stock Locating provides timely
 box lists to all members, eliminating faxes and allowing members to obtain all
 information from one source.  Hot Stocks lists securities at reduced rates.
 Needs List allows the user to enter a list of securities into the system,
 which then notifies the user when the positions become available.  Message
 Bulletin Board allows the user to communicate with other members about
 specific security needs, loan positions, or information sought.  Stock-
 Borrow.com's members include current members of National Depositories Clearing
 Corporations and Hedge Funds, as well as non-clearing brokers, traders and
 retail branches.  To learn more, visit http://www.stock-borrow.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X32782257
 
 SOURCE  Bantu, Inc.