In Brief: eBalance Has New Software Version

SAN RAMON, Calif. - eBalance Inc., which collects financial data from 1,300 financial institutions including banks, mutual funds, and stock accounts on the Internet, has introduced version 2.0 of its software.

Version 2.0 builds on the original eBalance software, which was introduced in the last quarter of 1999 to enable consumers to manage their investments, purchases and financial assets over the Internet.

eBalance moves account data into a single database where users can consolidate them, access online service providers, and interact with the information at their own pace from any location with Web access.

"eBalance provides users with a complete look at their financial position, including updated transactions that can be accessed in real time, reviewed, and consolidated immediately," said Myles Suer, eBalance president and chief executive officer. "We also let users add to or edit information, reconcile data, and write reports, which no aggregator does."

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