REDMOND, Wash., and CHICAGO, Dec. 14, 2001 — Microsoft Corp. and Bank One Corp. today announced a three-year strategic relationship valued at more than $30 million to jointly promote and develop services and products for the two companies U.S. customers, focusing on consumers and small and midsize businesses.
As part of the agreement, Bank One will use the power of MSNs reach through the MSN® Advantage Marketing Program to help accelerate the adoption and use of Bank Ones suite of financial service products, and will integrate offerings with Microsoft Great Plains and the Microsoft® bCentral™
small-business portal to deliver financial services to small and midsize businesses. Bank One also will incorporate a number of other Microsoft technologies, including the Microsoft .NET Alerts Service, which makes it easy for individuals to receive relevant information from Bank One any time, any place and on any device.
“Microsoft is the worlds leader in creating technology to make life easier and better for consumers and businesses,”
said Jamie Dimon, chairman and CEO of Bank One.
“This expertise is a key reason why Bank One chose to work with Microsoft to reach our customers and potential customers with financial solutions that best meet their needs and to develop future products utilizing Microsoft technology.”
“We are very excited about the opportunity to work with Bank One, a leader in the financial industry committed to providing a compelling and more relevant online experience for millions of customers,”
said Steve Ballmer, CEO of Microsoft.
“Microsofts world-class technology, including our .NET Platform and services, and the increasingly popular MSN, will help Bank One reach a broad universe of new customers, provide new services to existing customers and help streamline how these services are delivered.”
The companies will market existing and emerging services and products to their customers, including these:
Microsoft .NET Alerts Service will quickly and efficiently notify customers of pertinent financial information, such as account activity information and bill payment reminders, based on their control and consent.
Bank One will use MSN Advantage Marketings next generation of advanced digital advertising solutions to market financial products and services through deep integration into MSN Money as well as other MSN properties.
Microsoft Great Plains will integrate a range of Bank Ones commercial solutions into its distribution channels to help small and midsize businesses manage their finances more effectively.
will provide online small-business services to Bank One customers in areas such as Web hosting and online scheduling. These solutions will be available via the bCentral and Bank One Web sites.
Bank One will market MSN Internet Access, a premier Internet service, to its customers.
The two companies will continue to evaluate future development and promotion of other new products and services.
The agreement signifies one of the largest commitments to the MSN Advantage Marketing Program. The program is designed to help large companies take their online marketing efforts to a higher level, through the ability to access new advertising products from MSN as they become available and to incorporate other Microsoft technology, such as .NET services, into their marketing plans.
About Bank One
Bank One (NYSE
) is the nations sixth-largest bank holding company, with assets of more than $270 billion. Bank One offers a full range of financial services to commercial and business customers and consumers. It can be found on the Internet at http://www.bankone.com/ .
Founded in 1975, Microsoft (Nasdaq
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.
Microsoft, MSN and bCentral are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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