Al-Faris Technologies signs 1.5 million dollars deal with Al-Muzaini | Al-Faris Technologies signs 1.5 million dollars deal with Al-Muzaini -
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Al-Faris Technologies signs 1.5 million dollars deal with Al-Muzaini

Kuwait: Tuesday, July 16 - 2002 @ 17:23

This concludes a 1.5 million dollars deal with Al-Muzaini to optimize its e-Infrastructure Technology to build enduring relationships with its trading partners.

Al-Muzaini will take advantage of the latest evolving technologies to interact, transact and collaborate its services with its customers, business partners and backend money transfer and payment processors.

AL-Faris’s e-Infrastructure solutions facilitate further efficiency improvement to automate the process of identifying, managing, tracking and servicing their business resulting in increased service levels and improved employee productivity.

Under the new agreement, Al-Muzaini’s critical business operations will be powered by the best of the breed technology used by Al-Faris including IBM’s Unix based pSeries eServer systems running the AIX operating system and Oracle 9i Database in a Real Application Clustering configuration. The infrastructure will provide services to 18+ branches of Al-Muzaini all over Kuwait.

Additionally, iExchange™, Oracle E-Business Suite and ATG Enterprise Portal Suite will seamlessly be integrated with TrustedPay™ online payment service and SWIFT to further optimize and streamline the business processes, improve productivity and more efficiently manage transactions to improve customer service capabilities.

“The growing importance of E-business in today’s economy requires a solid e-Infrastructure. Al-Faris’s Innovative e-Business Solutions platform we have chosen will allow us to standardize on a single platform and further expand the consistent services we provide to our local to regional clients and trading partners,” said Mr. Adel Al-Muzaini, Board Member and Deputy General Manager of Al-Muzaini Exchange Co. “AL-Faris® will enable us to further extend our e-business activities in the future without any restrictions. In doing so, we expect to realize significant cost savings” Mr. Al-Muzaini continued.

“We are pleased to see Al-Muzaini continue to invest with us to deploy the latest evolving technology that can enable responsive and efficient e-business structure” said Haitham S. Al-Fairs, President & CEO of Al-Faris® Information Technologies Co KSCC. “This new infrastructure will leverage Al-Muzaini adoption of iExchange™ money exchange solution with scaled Oracle e-Business Suite and load balanced and clustered IBM servers to accommodate the growing different type of transactions of Al-Muzaini business” Haitham Al-Faris continued.

“As businesses transform into e-businesses, there are new standards set for the availability of the infrastructure to allow customers to run their mission critical applications. IBM has invested heavily in the project e-liza to develop self optimizing, self managing and self healing servers to bring the IBM e-Server product line to the market” said Mr. Olivier Mouries, General Manager of Khorafi Business Machines. “The IBM pSeries product line is the flagship of IBM’s open systems architecture, capable of running Al-Muziani’s mission critical application, The Al-Muzaini Exchange is a landmark project which reflects KBM’s strong commitment to the strategic “As businesses transform into e-businesses, there are new standards set for the availability of the infrastructure to allow customers to run their mission critical applications; IBM has invested heavily in the project e-liza to develop self optimizing, self managing and self healing servers to bring the IBM e-Server product line to the market” said Mr. Olivier Mouries, General Manager of Khorafi Business Machines. “The IBM pSeries product line is the flagship of IBM’s open systems architecture, capable of running Al-Muziani’s mission critical application. The Al-Muzaini Exchange is a landmark project which reflects KBM’s strong commitment to the strategic partnership with Al-Faris® to develop solutions that can bring great value for the customers”, Mr. Mouries Continued.


“Today’s business climate demands that companies work more effectively with customers, partners and suppliers while creating as much internal efficiency as possible,” said Husam Dajani, vice president, Oracle Middle East. “Oracle’s database and applications software have been engineered specifically to function as an integrated platform on which a company can run a collaborative business smoothly and at low cost. With Al-Faris performing the implementation, Al-Muzaini can rely on the combined strengths of world-leading Oracle software and the expertise of a trusted local Oracle partner.”

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Tuesday, July 16- 2002 @ 17:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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