Fiserv (FISV) to Expand AltiGen (ATGN) Distribution Agreement

November 16, 2009 6:55 AM EST

AltiGen Communications, Inc. (NASDAQ: ATGN) announced today that Fiserv, Inc. (NASDAQ: FISV) is expanding its distribution agreement for AltiGen Unified Communications solutions from its credit union customers to now include its banking customers.

Through its ConvergeIT group, Fiserv has been selling the AltiGen Unified Communications solution to its credit union customers, marketed under the name of the ConvergeIT telephony suite. With more than 250 credit union customers having already sucessfully deployed the AltiGen solution, the ConvergeIT telephony suite will now also be sold to Fiserv banking customers.

The ConvergeIT suite has been developed to specifically address the unique requirements of financial institutions. The solution, based upon AltiGen's Unified Communications software platform, delivers a single integrated system for IP Telephony and Call Center capabilities, tightly integrated with Fiserv core processing solutions.


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