Unisys Corporation has announced that First Travelcorp, of Raleigh, North Carolina, has selected another Unisys Travel Alliance Services solution, UniTracs, a service that provides travel agencies with a fully integrated back office accounting and reporting solution. This agreement expands the suite of travel solutions and services that First Travelcorp outsources from Unisys. In January, the two companies jointly announced that First Travelcorp had selected UniRes, the Unisys on-line automated travel reservation system, as the exclusive business travel booking software for its corporate clients Unisys teams with Montclair Financial Technology to enhance MAXIMIS investment management system MFT`s Investor and Global Performance Workstation solutions will be offered to North American insurers as "front-end" to Unisys MAXIMIS solution Unisys Corporation has announced that it has signed an agreement with Montclair Financial Technology, (MFT), Hoboken, N.J., to add sophisticated inquiry, analytic, and performance analysis capabilities to the Unisys MAXIMIS system. The two companies will work together to integrate MFT`s Investor Workstation (IVW) and Global Performance Workstation (GPW) technology with MAXIMIS. The MAXIMIS solution delivers investment accounting and portfolio management back-office support to the U.S. and Canadian insurance marketplace. It offers an information-rich database to its users, and accounts for a full range of investment securities including derivatives. MAXIMIS conforms to the National Association of Insurance Commissioners (NAIC) regulatory reporting requirements and provides interfaces to several regulatory filing products. Unisys Natural Language understanding toolset chosen as " Product-of-the-Year " by CALL CENTER Magazine Unisys Corporation has announced that CALL CENTER Magazine has given the Unisys Natural Language Speech Assistant (NLSA) its prestigious Product-of-the-Year award. "This award validates that the Unisys NLSA approach to spoken language development is recognized as an emerging standard in the marketplace", said Joe Yaworski, general manager of the Natural Language program at Unisys. "Our tools are now being licensed by over 40% of the IVR vendors offering large-vocabulary speech recognition. Unisys Natural Language Speech Assistant was chosen as Product of the Year because it has the potential to significantly advance the adoption of speech-based applications." Unisys and Parity Software create first-ever packaged spoken language environment for interactive voice response applications Parity Spoken Language CD-ROM inaugurates new "NL Enabled" branding for Unisys Natural Language partners Unisys Corporation and Parity Software have announced the first commercially available, tightly integrated speech application development and runtime system delivered on CD-ROM. The prepackaged system installs seamlessly into the Parity Developer`s Desktop interactive voice response (IVR) application development toolkit. This solution makes it easier than ever for the thousands of developers worldwide who use Parity VOS IVR development tools to create large-scale speech-enabled applications. The integrated system contains all of the necessary components to use Parity VOS, the Lernout & Hauspie ASR1500 speech recognition engine, and Unisys Natural Language Speech Assistant tools Unisys completes call of $200 million of 10 5/8% senior notes due October 1, 1999 Unisys Corporation stated that it had completed its previously announced call of $200 million of its $330 million outstanding 10 5/8% senior notes due on October 1, 1999. The notes were redeemed at 101.77% of the principal amount, plus accrued interest. The company funded the early redemption through the proceeds of its $200 million offering of 7 7/8% senior notes due 2008, which were successfully placed at the end of January. "This is another important step in our ongoing efforts to reduce interest expense and improve the company`s capital structure," said Unisys Chairman, President, and CEO Lawrence A. Weinbach. "Over the past six months, we have cut debt by more than $800 million and slashed our annual interest payments. While we have much more.
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