FOR IMMEDIATE RELEASE
Lori Scribner                                   Tom Toperczer
For WiredRed                                  WiredRed Software	
619-328-1114                               (858) 715-0970
lori@wiredred.com                            ttoperczer@wiredred.com	  

Davenport & Company LLC Chooses WiredRed’s e/pop® for Secure,
Company-wide Instant Messaging

San Diego, California – December 2, 2003 – WiredRed®, a technology leader in enterprise real-time communications software, today announced that Davenport & Company LLC, a full-service firm offering comprehensive investment services, has deployed e/pop® for more efficient communications. WiredRed’s e/pop is a secure instant messaging and comprehensive real-time communications system designed for business.

e/pop is used by Davenport’s 400 brokers, sales support and IT personnel in 19 branch offices throughout Virginia, Maryland and North Carolina to securely deliver important market information, notify personnel about urgent phone calls and to send company-wide alerts about IT-related issues.

According to Mike Eckler, Davenport’s Vice President of Information Services, e/pop has become an invaluable component of the company’s communication infrastructure that has decreased dependency on the phone system to deliver critical information.

“We realized several years ago that we needed a secure, high priority communications channel that relays information with a sense of urgency not provided by email,” Eckler said. “With e/pop we can group individuals by department to allow sales support to talk with brokers. We have it set up so the IT department can IM the entire company in seconds to notify all personnel that a particular application is down or about potential network outages.”

Davenport & Company LLC also utilizes WiredRed’s e/pop Audit and Reporting Server as a method to achieve compliance with U.S. regulations requiring the recording and archiving of electronic communications. The e/pop Audit and Reporting Server is the only product currently available that meets key requirements for supervisory access to electronic correspondence. Using a roles and permissions-based approach, the Server allows a company to designate specific individuals with the right to access multiple levels of data in the e/pop system based on a company’s own unique supervisory hierarchy.

About Davenport & Company LLC
Davenport & Company LLC is the largest independent stock brokerage firm headquartered in Virginia. It is a full-service firm offering a complete range of investment services, including comprehensive stock and bond brokerage, investment management, research, financial planning, insurance, public finance and corporate finance services.

Davenport & Company LLC is a New York Stock Exchange member firm, a member of NASD, and a Registered Investment Advisor under the Investment Advisors Act of 1940. Davenport, headquartered in Richmond, has 19 branch offices in Virginia, North Carolina and Maryland.

About WiredRed
WiredRed Software is a technology leader in enterprise real-time communications. The company's e/pop is a superior software solution for commercial and government networks that offers unparalleled security, speed, ease-of-use and IT management controls. It is designed to provide busy, security-conscious IT staff with a
fast and easy solution to secure instant messaging, company-wide alerts and web conferencing challenges.

WiredRed Software holds a significant share of the enterprise instant messaging software market, with more than 3,000 e/pop customer installations including ADP, Baker & Merrill Lynch, Royal Bank of Scotland, Scottrade, Southwest Airlines and Wells Fargo. e/pop has also been deployed throughout hundreds of schools, as well as local, state and federal government agencies including Northwestern University, U.S. Army, Bureau of Land Management, National Institute of Health, Environmental Protection Agency and the Federal Bureau of Investigation. The company licenses its software, development kits, and underlying real-time routing components to corporate and government IT organizations and a growing network of business partners.

For more information visit the WiredRed web site at http://www.wiredred-epop.com or contact the company directly at sales@wiredred.com.com or 858-715-0970.
 

 

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e/pop and WiredRed are registered trademarks of WiredRed Software.
All other marks are property of their respective owners.