(COMTEX) B: New H-NET.COM Partnership Further Expands E-Commerce Webs B: New H-NET.COM Partnership Further Expands E-Commerce Website Services and Revenue Streams NIAGARA FALLS, N.Y., Aug 2, 2000 /PRNewswire via COMTEX/ -- H-NET.COM, Inc. (OTC Bulletin Board: HNSP) announced today an international partnership with Cardservice International, a leading provider of electronic commerce and credit card processing, for e-commerce services and credit card processing for websites. The latest partnership alliance adds another important revenue source while significantly expanding e-commerce website services for the company's vision care clients. Anton Stephens, President of H-NET.COM, said, "This latest alliance expands our revenue stream and strengthens our hosting services by adding customer payment processing and cash management as part of the total H-NET(R) services. Cardservice International is a leading transaction service provider serving more than 185,000 businesses and processing more than $12 billion in annual bankcard volume. We also are in discussion with other potential partners who are well positioned to help us move forward." Greg Fassett, President and CEO of Cardservice International, said, "The partnership enhances H-NET(R)'s ability to become a full-service hosting provider by adding world-class payment solutions for its customers. This partnership also allows H-NET(R) to use our 2,200 member sales force to sell all H-NET(R) services." H-NET.COM previously announced partnerships with Network Solutions and Roanoke Technology Corp., that together with the new Cardservice alliance, enable H-NET.COM to provide a full suite of e-commerce website hosting services. These include domain name search and registration, website creation and maintenance using Image Cafe, credit card processing and cash management and website promotion and awareness campaigns. H-NET.COM, Inc. is emerging as the global digital B2B solutions provider for the vision care industry. With its multi-service Internet portal, web hosting services and Internet-based transaction processing services, H-NET(R) provides services to retail opticians, retail chain home offices, optometrists, ophthalmologists and optical labs. For further information regarding e-commerce solutions offered through H-NET(R), contact Matthew Fry at the business development division of Cardservice International at 800-641-8472, ext. 218, or H-NET(R) customer service at 905-475-3249. For more information about H-NET.COM, visit the website www.h-net.net or contact Christine at (905) 475-3249. Email info@h-net.net. For other valuable information, visit Hawk Associates website www.hawkassociates.com or contact Frank Hawkins at (305) 852-2383. Email: info@hawkassociates.com. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the expansion of the Company's operations are forward-looking statements. Words such as "expects", "intends", "anticipates", and "likely" also identify forward-looking statements. Actual results may differ from such forward-looking statements as a result of a number of factors. SOURCE H-NET.COM, Inc. CONTACT: Matthew Fry of Cardservice International, 800-641-8472, ext. 218; or Christine of H-NET.COM, 905-475-3249, or info@h-net.n t; or Frank Hawkins of Hawk Associates, 305-852-2383, or info@hawkassocia es.com, for H-NET.COM URL: hawkassociates.com h-net.net prnewswire.com (C) 2000 PR Newswire. All rights reserved. -0- KEYWORD: New York INDUSTRY KEYWORD: CPR MLM HEA SUBJECT CODE: JVN OTC *** end of story *** |