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      schrieb am 11.09.00 17:29:07
      Beitrag Nr. 1 ()
      Monday September 11, 10:40 am Eastern Time

      Press Release

      Edge Tech / Data Intelligence Group to Use First Ecom`s Payment
      Processing Services as Default Solution for IPOS Terminals

      Edge Tech / DIG`s IPOS Terminals Will Be Enabled to Process Transactions
      via the Internet Using First Ecom`s E-Payment Solutions

      HONG KONG--(BUSINESS WIRE)--Sept. 11, 2000-- First Ecom.com, Inc.
      (Nasdaq:FECC - news; BSX:FECC, FECC BH), a global provider of electronic
      payment processing solutions, today announced that it has signed a
      letter of intent to establish a co-marketing and development alliance
      with Hong Kong-based Edge Tech Limited and its affiliate, Data
      Intelligence Group Limited, (collectively ``Edge Tech/DIG``).

      Edge Tech/DIG provide multimedia in-store advertising services to retail
      outlets delivered through in-store, Internet-enabled point-of-sale
      (IPOS) terminals.

      It is anticipated that Edge Tech/DIG will incorporate First Ecom`s
      e-payment processing solution in all IPOS terminals deployed and made
      available to their existing and future retailing customers. First Ecom`s
      e-payment processing system will be integrated into the IPOS terminals
      deployed by Edge Tech/DIG as an ``out-of-the-box`` solution, making
      First Ecom the ``default`` e-payment solution.

      The proposed agreement will enable retailers to channel and process all
      card-based transaction data over the Internet using First Ecom`s
      processing solutions, incorporated into Edge Tech/DIG`s services. By
      utilizing First Ecom`s solutions, Edge Tech/DIG`s retailing customers
      will be offered the opportunity to enhance their productivity,
      management, and financial controls through the ability to readily
      consolidate operational data. In addition, customers will benefit from
      reduced costs in that there will no longer be a need to employ dedicated
      leased or fixed lines which are currently required to facilitate
      traditional card transaction processing. Most importantly, retailing
      customers will be offered the ability to achieve a convergence of their
      physical and virtual distribution networks by processing over First
      Ecom`s common processing platform.

      IPOS transactions will be considered a traditional point-of-sale
      operation by card issuing banks, since the consumer is physically
      present during the purchase. Edge Tech currently has equipment installed
      at 100 locations and within the next few months has plans to expand its
      coverage to at least 6,000 IPOS terminals throughout the Asia Pacific
      region.

      ``We are targeting to have a final agreement in place within three weeks
      or so, at which time we will vigorously start the integration with First
      Ecom`s payment solutions so that we can quickly make this service
      available to our customers,`` said Adrian Petter, CEO of Edge Tech
      Limited and Data Intelligence Group Limited. ``Through this strategic
      alliance with First Ecom we will be able to offer our retailing
      customers and their banks a new and exciting way to process physical and
      virtual transactions efficiently and more cost-effectively.``

      ``We are enthusiastic about this new relationship with Edge Tech/DIG.
      Utilizing First Ecom`s transactional platform as a means of capturing
      and processing both traditional point-of-sale as well as e-commerce
      transactions via the Internet is a tremendous step forward for both
      consumers and merchants,`` said Harold Hutton, President and CEO of
      First Ecom. ``Retailers who have embraced the Internet as a new means of
      achieving enhanced distribution stand to benefit significantly from a
      standardized processing environment that enables them to globally manage
      their physical and virtual storefronts in a cost-efficient manner. We
      are pleased to be forging this alliance with Edge Tech/DIG to enable
      them to make First Ecom`s processing solution a viable and exciting
      proposition for their retail customers.``

      About Edge Tech Limited

      Edge Tech Limited is Asia`s first solution and contents provider of
      multimedia in-store advertising through integration with retailers`
      existing point-of-sale systems. All advertisements are multimedia
      enabled and distributed through the Internet and/or Intranet. Once this
      distribution network is built, it will also provide the necessary
      backbone communication platform for Data Intelligence Group`s loyalty
      programmes and First Ecom`s payment processing solutions to ride on. The
      whole concept is branded under the ``Vision Channel`` logo.

      About Data Intelligence Group Limited (DIG)

      Data Intelligence Group`s primary purpose is to build an integrated
      technology platform to facilitate the running of various loyalty
      programs linking a wide variety of retail merchants, initially
      throughout South East Asia and ultimately globally. Loyalty cardholders
      will earn points in relation to the amount they spend at participating
      merchants and be able to redeem their points in a wide variety of ways,
      including cash. The proposed infrastructure will provide a direct link
      from the participating merchant`s existing point-of-sale equipment to
      DIG`s back office system. The system will record all data pertaining to
      loyalty cardholders` transactions including a detailed breakdown of
      items purchased. The system will also provide online access to both
      participating merchants and cardholders via the Internet for viewing
      up-to-date statements.

      About First Ecom

      As a global provider of electronic payment processing, First Ecom
      provides secure, easy-to-implement and low-cost online payment
      processing services to banks and their merchants worldwide. Through
      strategic partnerships with banks, ISPs, e-commerce product suppliers,
      system integrators and storefront solution providers, First Ecom will
      process credit card transactions made over the Internet in multiple
      currencies, either domestically or offshore in a tax-neutral
      jurisdiction.

      For more information, visit www.firstecom.com or contact First Ecom at
      +(852) 2801-5181 or by e-mail at info@firstecom.com.
      Avatar
      schrieb am 11.09.00 17:31:51
      Beitrag Nr. 2 ()
      sorry für die reißerische überschrift.

      es muß natürlich heißen: "FIRST ECOM beabsichtigt, mit Data Intelligence Group zu kooperieren"
      Avatar
      schrieb am 11.09.00 17:40:31
      Beitrag Nr. 3 ()
      bzw: "FIRST ECOM beabsichtigt, mit Edge Tech/DIG zu kooperieren"

      so, jetzt stimmt aber alles. :laugh:
      Avatar
      schrieb am 11.09.00 17:49:38
      Beitrag Nr. 4 ()
      endlich ;)
      Avatar
      schrieb am 11.09.00 20:26:22
      Beitrag Nr. 5 ()
      hallo goo,

      danke für den infoservice

      gruß esidisi


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