2007-08-31

Megasol integrates Earthport into its banking platform

Earthport PLC specialises in the international transactional marketplace by providing a highly secure, high volume global collection and payment capability. Earthport services enable the remittance and/or collection of funds quickly and efficiently, to a large and increasing number of international territories.

The beneficial effects of this service for Megasol clients include the improvment of both competitive position and profit margins by streamlining the efficiency and reliability of back office operations, leveraging the investment that Earthport has made in developing its automated Universal Payments Network (UPN), increasing market reach through access to Earthport's global network of territories including payments in over 200 countries and collections in over 50 major countries.

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2007-01-15

USPPINC/Players Investment Company chooses OdysseySuite

USPPINC/Players Investment Company chooses Megasol Technologies' OdysseySuite™ software and services for its Shareholder/Players account management. Chuck Kidd, spokesperson for USPPI, said “Our choice of software was critical to our success and Megasol Technologies' OdysseySuite™ was the only choice for us. Its many capabilities and features benefit not only our company but its customers”.

United States Poker Players Inc. is a Costa Rican based S.A located in San Jose and is a first of a kind Poker Playing Business. As advertised "USPPINC is an Investor/Employee Owned Poker Playing Business. With the agreement of our owners and investors we contract poker players to play online for the company".

USPPINC is the owner of Players Investment Company. "PIC" is a Uruguay-based S.A.F.I. Internationally Licensed Financial Services Company. PIC is authorized to trade in Shares, Metals, Currency's etc. PIC is the transaction arm of the USPPINC for the players to buy and sell shares of USPPINC to the poker rooms and play for those shares.

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-12-06

Southern Star Private International Bank chooses OdysseySuite

Megasol Technologies welcomes new client Southern Star Private International Bank who selected OdysseySuite as its banking platform after a vigorous consultant-managed search for a best-fit solution. A spokesperson for the bank said “Southern Star Private International Bank purchased OdysseySuite because, as a pre-bundled package, it had more options included than we needed giving us the option of adding additional features without the hassle of future software development. The ease of implementation combined with the level of support provided by Megasol Technologies made the decision to purchase quite simple”.

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-11-15

Megasol integrates comprehensive task management into OdysseySuite

Megasol Technologies announced today the general release of Phase 1 of its new Task Manager. Tightly integrated into OdysseySuite, it allows users to create task/step scenarios with allocation of human resources by group or individual user. Tasks may be assigned priorities and may have documents attached to them. A sophisticated image manager allows documents received from clients requesting action on different tasks to be copied or even subdivided between tasks. Back-office staff annotations can be merged and drag-dropped to new tasks. Marten Tornquist, President of Megasol Technologies said, "Task Manager represents our commitment to listen to customer wants and continuously evaluate customer needs and provide new benefits through our all-inclusive annual maintenance programme. Phase 1 of the new Task Manager is a powerful tool for ensuring that our clients can offer consistent and effective actions, both for internal management issues and for customer-related issues. We will continue to provide user-driven, innovative extensions to OdysseySuite which reinforce OdysseySuite's position as the best price/performance banking software available today."

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-09-01

Megasol announces version 2.6 of OdysseySuite

Megasol Technologies is pleased to announce the release of version 2.6 of its OdysseySuite and OdysseyNet platform for private and offshore banks and other financial institutions which exercise depository functions. The new version contains many new features which meet the diverse needs of OdysseySuite users. Paul de Freitas, Director of Customer Services of Megasol Technologies said "This release adds new functionality of extraordinary depth today but, just as important, adds a framework which allows for more rapid integration of new functionality in the future. Most important is a powerful new Task Manager which borrows heavily from Megasol's internal Issue Tracker and which allows our users very specific control over both internal and customer-tasked work activities. We are only too happy to be able to meet the requests of our users for new feature and function in a timely manner under our contractual upgrade policy."

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-06-01

Akelius Fastigheter AB contracts for OdysseySuite

Megasol Technologies is pleased to welcome Akelius Fastigheter AB to its group of OdysseySuite users. A key factor in their decision to use OdysseySuite was the power of the central core software onto which could be grafted in a timely manner a number of special operational tools required by Akelius Fastigheter to suit its unique business model.

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-04-01

Destiny Investment Bank chooses OdysseySuite

Megasol Technologies is pleased to welcome Destiny Investment Bank to its group of OdysseySuite users. Destiny is a licensed “Class B” International Bank in St. Lucia which required a simple but secure banking platform for its use. A few the key factors in Destiny's decision included the ability of OdysseySuite to produce timely financial reports for the local Monetary Authority, ease of use, ability to attach documentation to all transactions and security of online banking access through use of hardware key tokens.

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-02-07

Megasol releases Issue Tracker

Megasol Technologies announced today the availability of Release 1.0 of its Issue Tracker system for use by its clients. The system allows clients to report issues encountered in using software, request enhancements and receive status reports on their own and public issues.

Issue Tracker is web-based and is specifically designed for companies which produce highly customisable software and which require end-to-end overview of a busy development department. Issue Tracker can be customised through CSS to match the look-and-feel of any corporate web presence. It supports unlimited users, products and versions. Users may be tagged as administrators, back-office staff, or customers. Issues can be assigned and managed through Analysis, Design, Programming, Testing and Documentation. Issues are managed by an assigned Issue Manager. Issues are rated for criticallity and priority. All parties to an issue can accept or reject the tasking providing reasons. This allows the Issue Manager to reassign issues on the fly. A range of reports are available in the back-office and on the web.

Megasol Technologies produces the OdysseySuite range of products for banks, companies, trusts and on-line businesses. All Megasol products feature multiple-currency operations for participation in the global economy.

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2006-01-19

Megasol welcomes Hatfield Oak International S.A.

Megasol Technologies welcomes Hatfield Oak International SA to its list of OdysseySuite and OdysseyNet users - see http://www.hatfield-oak.com to contact Hatfield-Oak.

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2005-11-01

Megasol releases OdysseySuite Version 2.5.846

OdysseySuite Version 2.5.846 release adds expanded functionality to control revenue-generating service charges, new reports and enhanced buddy list features. The Payables module now automatically combines multiple payments to a single supplier into one cheque within a single cheque-writing session. OdysseyNet Version 2.5.118 improves recognition of amounts in non-standard formats keyed in during online banking sessions.

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2005-09-23

Moving to new officies

Megasol Technologies has relocated its offices to Gamla Torget in Uppsala. Recently vacated by a bank, Megasol staff worked with the office provider to remodel the offices for functionality and efficiency and to ensure a welcome experience for clients. The full address of the new office is Gamla Torget 5, 75320 Uppsala, Sweden.

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2005-07-12

Megasol releases OdysseySuite Version 2.5.664

This important release exposes powerful document storage capability in both back-office and OdysseyNet online banking. Documents and memos may be attached to individual general ledger transactions. Documents may be tagged as viewable solely in the back-office or also by clients. Clients may also unpload filed or scanned documents from OdysseyNet. A simple but complete Accounts Payable system has been integrated into OdysseySuite complete with cheque printing. The OdysseyAPI interface now allows a wider range of fees for use of the interface by merchants. OdysseyAPI Partners can now connect from multiple IP addresses. OdysseyNet Version 2.5.95 adds a Payments History report which allows clients to see all of their payments (Transfers, Card loads, Bankers Drafts or Wire Transfers) in one place.

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2005-05-21

Megasol releases OdysseySuite ActiveAccess

Megasol Technologies releases OdysseySuite ActiveAccess - a token-based system to secure access to both its OdysseySuite back-office banking software and its OdysseyNet online banking. Based on the Digipass G03 keychain token, the new server application provides a low-cost solution for OdysseySuite clients to protect their customers from fraudulent access to online accounts. Phase 1 provides for access protection. Phase 2, to be released in early 2006, will provide OdysseySuite users with the ability to tailor mandatory use of the token to confirm transactions or tasks in a number of critical areas of both OdysseySuite and OdysseyNet.

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2005-01-03

TimeClock released as a part of OdysseySuite - Small Business Edition

Megasol Technologies announces powerful timeclock tray enhancement for time billing under OdysseySuite Small Business Edition. The tray-resident pop-up form allows the user complete control over the recording of billable and unbillable time and features assignment of time to customer or internal projects, variation of billing rate, automatic timing with ability to manually adjust time for unscheduled interruptions, pause and stop timing sessions, resume timing sessions, and finalise session for time billing. There is no limit to the number of open sessions although only one session can be active at one time for time recording purposes. The OdysseySuite time billing function for professionals achieves new heights of customer satisfaction with the incorporation of this revolutionary and intuitive timeclock.

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2004-08-16

Version 2.5 of OdysseySuite Banking System is released

Megasol Technologies announces the release of Version 2.5 of its OdysseySuite banking system. This new release incorporates major documentary, compliance and messaging enhancements and powerful new accounting features.

Any label on any form displayed within OdysseySuite can by customised for local language idioms by holding down the Ctrl and Alt keys and clicking on the label. A system-wide document repository, DocSafe™, allows for scanning and/or upload of images and documents for attachment to client and account profiles, to individual gneeral ledger or client transactions, and to other parts of the application as required. This features allows client identity and referential documents, payment instructions and other client correspondence, correspondent confirmations, payables invoices, trust and corporate documentation to be stored on-line for immediate review by authorised staff. Secure messaging enhancements allow targeting of messages from clients to back-office staff groups; for message broadcasts to clients, for upload of documents by clients as attachments to secure messages, for forwarding of messages and for logging the completion of message-related tasks. Message responses can be made public within a group or private between individuals. New accounting features include
• unlimited periodic fee templates in addition to the current, very flexible system of transaction-linked service charges
• attachment of source documents to posting transactions allowing for easier distributed regional management of the posting process
• new posting Memo field allowing for an unlimited text description or notation on any transaction
• most parts of a transaction profile can now be locked to prevent editing by data-entry staff and defaults can be supplied for general ledger account number, description and amount
• transactions can be grouped into common transaction sets to encompass repetitive or difficult accounting tasks and allow authorised but lesser experienced members of staff to initiate postings which otherwise they would not have the knowledge or experience to do.
Version 2.5 is a powerful interim release designed to provide existing and new clients with those elements of the Version 3 major release which are available now. Version 3 to be released later in 2004 will build on this new functionality to bring new major modules into OdysseySuite.

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2004-05-10

OdysseySuite Small Business Edition receives 5-star rating™

ColinProof (http://www.colinproof.com), Australia's leading software reviewer, awards OdysseySuite Small Business Edition "5 Thumbs-up". ColinProof's slogan is "If it doesn't break for Colin, it won't break for you!". Particularly noteworthy in the review was the praise for the friendliness, helpfulness and timeliness of the Megasol Technologies staff. The review also noted that OdysseySuite SBE is not just a database with a calculator - it is a fully-fledged accounting and management system with excellent in-built capability and flexible pricing from smaller to larger businesses and their needs.".

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2004-04-21

OdysseySuite Small Business Edition receives 5-star rating™

SharewareJunkies.com, one of the web's longest serving software rating sites, has awarded SBE the maximum of 5 stars in every category. Reviewer Jean Kritz said "First of all lets get a few things straight. This is not a program for balancing your checkbook. This is software for a company that wants an integrated solution for all of their accounting needs. And I do mean all. This is going to be the software that is going to save your company real time and money. This is an approach to accounting needs that no one has taken before."

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2004-04-19

Alliance Asset Management choose OdysseySuite™

Alliance Asset Management has selected OdysseySuite to manage its asset-protection and on-line membership services. A custom version of the banking and trust application will provide products tailored specifically to member needs and will also enhance secure communications with and between member groups.

Jim Yarbrough of Alliance Asset Management said "We chose Megasol Technologies and OdysseySuite because they demonstrated a clear understanding of our very diverse needs and had a platform that was both cost-effective and easily adapted to meet all of those needs."

Paul de Freitas, Director of Customer Relations - Megasol, noted that "The complexity of the Alliance Asset Management (AAM) customer services including secure messaging, on-line member retail and account services, and linkages to diverse third-party organisations was challenging, but the flexibility of our OdysseySuite platform meant that we could provide most of the requirements with little change. We look forward to  helping AAM with its long-term growth and service targets".

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2004-04-14

Megasol Technologies launches OdysseySuite Small Business Edition™

Megasol Technologies today announced the general release of the third in its range of OdysseySuite products – the Small Business Edition. Designed for small to medium-sized businesses, OdysseySuite Small Business Edition (SBE) offers multiple currency accounting and advanced on-line retailing through its WebShop option.

OdysseySuite SBE offers general ledger, asset register, inventory, payables, sales order, receivables, time billing, periodic invoicing, CRM and on-line document storage, together with other advanced multi-lingual features in a low budget package. WebShop, the on-line retail component of OdysseySuite SBE provides direct linkage to inventory and allows such features as pictures, text descriptions and manufacturer warnings to be attached to all products and services sold. Products may be stocked or electronic. Electronic products may be downloaded to customers on either a trial or outright licence basis through a registration process.

Direct linkage to on-line banks running the OdysseySuite Banking™ edition is simple through the optional Merchant Account feature, providing these banks with value-add for both commercial and individual clients through the bank’s web portal.

Mårten Törnquist, President of Megasol Technologies explained the rationale behind OdysseySuite SBE as follows: “We looked at many of the accounting systems out there in the European context, which meant multiple currencies, cross-border commerce and extensive feature sets, including the ability to present multiple languages during a customer’s on-line buying experience. If an accounting package can satisfy European needs, it will be welcome anywhere. What we found was disappointing. Most systems were expensive, short on functionality, and did not address the every-day needs of on-line retailing. We decided that we could produce a system which met those needs at a budget price. The result is OdysseySuite Small Business Edition™, with a single-user starting retail price of EUR 290 and the ability to grow at low cost to multiple users managing multiple companies with a wide variety of features.”

OdysseySuite SBE joins the OdysseySuite™ accounting family, including OdysseySuite Banking™ which provides management for private banks, trusts, companies and funds, and OdysseySuite ComEx™ which provides management for commodity brokerages.

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2004-03-20

Megasol announces release plans for OdysseySuite™ upgrades

Paul de Freitas, Director of Customer Relations, today announced that OdysseySuite™ Version 2.5 will be installed on customer sites after completion of familiarising training with nominated customer trainers commencing April 1st 2004.

Version 2.5 is an interim release incorporating many features requested during the 2003 Customer Census. In particular, it adds significantly to the power and control of the General Ledger module providing further error-reduction methodologies, and it introduces OdysseySuite DocSafe™ which allows system-wide storage of scanned images and documents for attachment to profiles, accounts, people and organisations for instant review on-screen by authorised personnel.

Version 3, the first major release since 2002, will incorporate new Treasury Management functionality and other significant upgrades, preparing the product for the retail banking market.

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2004-01-30

Megasol announces release date for OdysseySuite SBE™

Paul de Freitas, Director of Customer Relations, today announced that OdysseySuite Small Business Edition™ (SBE) would be released in shareware and direct-sales versions on April 1st 2004. Internet customers will be able to obtain SBE from the Megasol web site as well as from other sources.

Mårten Törnquist, President of Megasol, thanked the companies involved in the Beta-testing for their contribution in taking the product's original mandate much further, so that it becomes one of the first "industrial-strength" multiple-currency accounting systems to be offered as shareware.

Initial launch will be for the Swedish market, with an International English version following about one month later. Additional language packs will then be issued roughly at monthly intervals for the standard European languages. Based on customer request, SBE language packs may also be produced for Middle East and Far East customers.

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2003-02-15

Owen and Associates to offer services based on OdysseySuite

Owen and Associates, from their Triple "A" secure data centre based in Amsterdam, The Netherlands,  will be packaging a range of CRM services with OdysseySuite™ and applications from other vendors in a seamless interface. All services will be delivered via the Internet through VPN tunnels to user locations to provide the maximum privacy possible.

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2003-01-13

VoteMaster powers VBOnline Awards in Hollywood

Video Business Magazine, Hollywood, CA, was looking for an on-line real-time system to replace an e-mail based rating system for the Video Premiere Awards. They chose Megasol Technologies to put a solution in place. Enter VOTA - based on our web voting  solution, VoteMaster, which allows service vendors to test market reaction to products, or award givers to provide real-time voting, VOTA, the Video Premiere On-Line Tally Application is up and running, judging the DVD's and videotaped entertainment that you and I view every day, all the way from menus and special features to animations.

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2002-10-01

OdysseySuite SQL released with Commodity Exchange

The first installations of OdysseySuite™ based on Microsoft SQL Server 2000 back-end have now been completed. Featuring in-built browser based query screens and automatic updating of master data via XML, OdysseySuite™ provides a new level of user comfort, together with significantly enhanced security and speed. Unique in the market is the OdysseySuite Commodity Exchange™ module which converts a multi-currency system into a multi-currency/multi-commodity system in which commodities become just another currency. A full Merchant payments option rounds out the system.

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2002-09-03

Brac Informatics selects OdysseySuite for the Cayman Islands

Brac Informatics Centre has reached a non-exclusive agreement with Megasol Technologies to represent Megasol Technologies for sales of the OdysseySuite™ product range in the Cayman Islands, one of the world's five largest offshore centres. BIC will also provide a bureau-based OdysseySuite service to smaller banks, both in the Cayman Islands and elsewhere over secure, high-speed internet connection. BIC recently underwent a full test of their high security data storage and call centre facility as the island of Cayman Brac was hit in successive weekends by Hurricanes Isadore and Lili - and passed with flying colours. In addition to OdysseySuite™ services, BIC will offer leading-edge data vaulting services for disaster recovery and secure documentary access. 

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