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[homeservice11]

Wednesday February 16, 7:32 am Eastern Time

Company Press Release

First Ecom.com, Bank of Bermuda Create Joint Venture To
Provide Global Credit Card Payment Processing Solution

HONG KONG--(BUSINESS WIRE)--Feb. 16, 2000--First Ecom.com (NASD OTC BB: FECC), a global leader in Internet payment processing
services, and the Bank of Bermuda, today announced the formation of First Ecommerce Data Services Limited (FEDS), a new joint venture
company that will provide a comprehensive suite of global credit card payment processing services to banks and their merchants -- both
online and brick and mortar.

Subject to the finalization of relevant regulatory approvals, First Ecom.com and Bank of Bermuda have created FEDS to provide banks and
their merchants the FEDS Processing Solution, which includes online and batch transaction processing for Visa, MasterCard, credit and debit
cards. The FEDS Processing Solution includes authorization, electronic data transmission for settlement, and full transaction reporting.

FEDS will grant banks the authority to give their merchants access to the FEDS Processing Solution, which provides a wide range of new
services for researching, retrieving and archiving the data associated with the transactions processed on behalf of the banks and their
merchants.

The Bank of Bermuda will provide the card processing systems, staff, data processing center and other supporting features, including formal
authorization and licenses with regard to the processing of credit card transactions by holders of VISA and MasterCard credit cards.

``This is by far our most significant venture to-date,`` said Gregory Pek, First Ecom.com president and CEO. ``Creating this new joint
venture demonstrates that both companies recognize the importance of working together to create a comprehensive, third-party processing
solution for banks and their merchants all over the world. FEDS represents a unique payment processing outsourcing opportunity for banks,
in that they can work freely with a non-bank, non-competing institution such as FEDS that offers multi-currency payment processing
services and can get banks up and running in a matter of days.``

Pek added that FEDS overcomes many of the common hurdles facing banks in providing payment processing services to their merchants,
including the extreme shortage of qualified technical personnel to build the systems, attracting industry-savvy business partners, increased
operating costs for multinational corporations, and high costs associated with system development, maintenance and ongoing R&D. FEDS
also addresses the risks associated with banks losing merchant business to competitor banks that have effective payment processing
systems because FEDS provides a turnkey solution that can be quickly implemented with any banks existing systems.

``We`ve been working closely with First Ecom.com since earlier last year, and are very excited about what our new FEDS joint venture will
mean, not only for our two companies, but for the vast number of banks and their merchants that understand the clear advantage of
outsourcing payment processing,`` said Alan Richardson, executive vice president, retail clients for the Bank of Bermuda Ltd. ``Payment
processing has always been the cornerstone of e-commerce and other types of credit card transactions, and we believe that FEDS will be
regarded among the best solutions.``

About the Bank of Bermuda

Bank of Bermuda is an international financial institution that provides banking, trust, asset management, fund administration and global
custody services to its corporate, private and retail clients. Founded in 1889, its global headquarters are in Bermuda, and it has offices or
subsidiaries in the Cayman Islands, Cook Islands, Dublin, Guernsey, Hong Kong, Isle of Man, Jersey, Luxembourg, New York, New
Zealand, and Singapore. It has representative offices in Bahrain and London.

About First Ecom.com

As a global leader in Internet transaction processing, First Ecom.com provides secure, easy-to-implement and low-cost online payment
processing services to merchants and banks worldwide. Through strategic partnerships with Banks, ISPs, E-commerce 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 http://www.firstecom.com or contact First Ecom.com at
852.2801.5181 or by e-mail at [e-mail].

Certain statements contained herein are ``forward-looking`` statements (as such term is defined in the Private Securities Reform Act of
1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such
forward-looking statements.

Contact:

Davis.Comm, Inc. (for First Ecom.com)
Jeff Davis or Kevin Manniko (Media), 415/837-3939
[e-mail]
[e-mail]

[citytrader]

In Berlin auf 18 denke das die Kursziele von Spazy nicht übertrieben sind

[puncher]

das ist eine Bombe jungs

[citytrader]

schaut euch den Chart an denke das der wert Richtung Norden ist

[molto]

Wow bid 19,5 zu 20

[superbowl]

Der Kurs ist bei 20 der wert ist absolut hot

[wörner]

Sieht sehr gut aus , das habt Ihr alle schon genug gehört denke das
wir noch einiges von Fecc erwarten dürfen.