Press Center : 2002 Press Releases

May 10, 2002
For Immediate Release

Virtually Anywhere to Showcase Bank of America’s
Lockbox Technology

Atlanta, GA: Bank of America announced today that it has selected Austin, Texas based Virtually Anywhere to produce a virtual tour of its new Image Wholesale Lockbox technology. Prior to hiring Virtually Anywhere, Bank of America encouraged prospects to physically visit one of five locations to see the Image Wholesale Lockbox in action. Now, Virtually Anywhere will produce an interactive sales tool that will enable the Bank of America sales staff to showcase the Image Lockbox to prospects in the convenience of the prospect’s office via the Internet or with a CD-ROM.

The Image Wholesale Lockbox system provides customers with online access to images of remittance, check and related correspondence throughout the day. As a result, customers can apply their cash faster, update their credit lines more quickly and better offer their customers service through on-line research capabilities. Bank of America’s lockbox network is second to none in optimizing collection times

With Virtually Anywhere’s proprietary 360-degree virtual tour, prospects can use software screens to become familiar with the environment as the tour demonstrates all facets of this banking product. The project is schedule for completion by September 1, 2002.

With their unique expertise in both design and photography, Virtually Anywhere develops upscale interactive tours that can be deployed across numerous verticals to enhance sales productivity and conversion rates. Virtually Anywhere’s photographic interactive tour technology site moves the photographic image from the flat, two dimensional world into a 3D experience allowing the viewer to explore and examine the detailed virtual world of the client.

“Bank of America prides itself on providing commercial, corporate and institutional clients across the United States and around the world with new and better ways to manage their financial lives,” explains Lea Zywicki of GTS Marketing/Bank of America. “This project with Virtually Anywhere allows us to utilize the innovative technology of a 360-degree virtual tour to showcase the innovative technology of our new Image Wholesale Lockbox system as well as the ingenuity of our people.”

Virtually Anywhere is an interactive firm that provides business communication solutions using 360-degree photographic virtual reality technology. Virtually Anywhere’s unique expertise and experience in virtual reality technology and interface design allows content to be viewed as a continuous, rich media experience.

Virtually Anywhere is a privately held venture funded by individual seed partners whose clients include Luhrs Marine Group, Insignia/ESG, Assista assisted living facilities and GSD&M.
Bank of America enables customers to do their banking and investing whenever, wherever and however they choose through the nation's largest financial services network, including approximately 4,400 domestic offices and 13,000 ATMs, as well as 38 international offices serving clients in 190 countries, and an Internet Web site that provides online access for more than 3 million active users, more than any other bank.

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