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Delta Employees Credit Union Offers Members New Wireless Services: Check Account Balances, Transfer Funds, and Review Transaction History Using the Air2Web Platform

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By Business Wire
August 20, 2001

Delta Employees Credit Union (DECU), the 20th largest credit union in the country, Monday announced that beginning in October members will be able to wirelessly check their account balances, transfer funds and review transaction history using the Air2Web Mobile Internet Platform.

DECU's 165,000 members will be able to access their accounts via any digital text-enabled cell phone or web-enabled device including phones, Palms and RIM pagers.

DECU, which has $1.8 billion in assets and eight offices around the country, already offers its members online banking and bill payment.

"This new wireless service offers our members another tool by which to better manage their accounts," explained Joe Williams, president and chief executive officer of DECU.

DECU serves active, retired and former employees of Delta Air Lines (NYSE: DAL) and its wholly owned subsidiaries and their family members.

"DECU members are often traveling so we felt having wireless access to their accounts would be especially beneficial, giving them an added convenience while they are on the road," said Williams.

"However, we had to choose a wireless platform provider who we knew could handle our 165,000 geographically dispersed members, as well as our transaction volume. Knowing that the likes of UPS, Bass Hotels, ABN AMRO, and Motorola's Credit Union had chosen Air2Web's solution helped us be confident in our selection of Air2Web."

"Air2Web is pleased to be working with such an outstanding financial institution as DECU," said Sanjoy Malik, president and CEO of Air2Web.

"DECU has been a longtime proponent of giving their members access to their accounts 24 hours a day, seven days a week. Thus, this wireless initiative is merely extending this benefit and exemplifies DECU's commitment to providing its members with account access anytime, anywhere, and from many digital, wireless devices."

Over 27 banks, credit unions and other financial institutions have been wirelessly enabled using the Air2Web Platform including Motorola Employees Credit Union-West, Enron Federal Credit Union, NetBank, and ABN AMRO.

Additionally, the Mobile Internet Platform has enabled customers such as UPS, Digital Insight, DotsConnect, Bass Hotels & Resorts (Crowne Plaza, Holiday Inn), The Weather Channel, and Lexmark International to create, deploy and deliver enterprise applications to their customers and employees using any digital wireless device including Short Message Service (SMS) and web-enabled phones, personal digital devices (PDAs), and pagers.

About Delta Employees Credit Union (DECU)

DECU is a state-chartered credit union based in Atlanta. As the country's 20th largest credit union and Georgia's largest, it has 165,000 members and $1.8 billion in assets. It serves active, retired and former employees of Delta Air Lines, and its wholly owned subsidiaries and their family members. DECU currently offers its members web access, as well as web-bill payment services.

DECU maintains eight offices in Atlanta, Los Angeles, Dallas, Cincinnati and Salt Lake City, and employs 220 people. For more information about Delta Employees Credit Union, please visit http://www.decu.org.

About Air2Web

Air2Web's Mobile Internet Platform, which can be installed behind the customer's firewall or hosted by Air2Web, provides the most powerful, flexible, and comprehensive technology for wirelessly enabling corporate data across any carrier, network or device.

Air2Web's customers comprise the largest number of enterprises with the highest-volume production applications including UPS, ABN AMRO, Delta Employees Credit Union, Lexmark International, Bass Hotels & Resorts, The Weather Channel, ADC Telecommunications, Digital Insight, CBS SportsLine, and other leading finance, travel & hospitality, media & entertainment, health care, retail, and, transportation companies.

For more information about Air2Web, please visit http://www.air2web.com.

COPYRIGHT 2001 Business Wire, 2001 Gale Group

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.