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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect
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To: SCOOBEY-DO who wrote (79)6/30/1999 8:53:00 AM
From: jmhollen   of 18222
 
In response to some questions about patents on RagingBull....

*****************************
For your information, from Tom Hughes:

What we have patented is the Utility and Methodology of "..PERFECT...".

The utility refers to the patented PayMaster, which we are now calling the "..EzyShopper.." TM.

The "..SLICK..", which refers to Secure Line Internet Computer Keyboard, and the
"..PocketPay..", which is a combination phone and EzyShopper in your pocket are also patented.

The Methodology refers to how the transaction moves from the hardware to the eConnect
bank host for the authorization of a credit card, ATM card or EzyCard TM

All Patents were originated by (Tom Hughes) and are licensed to ET&T; which in turn has
licensed the patents to eConnect for implementation of PERFECT.

The technology we use is no different than what you see at the gas station or supermarket. We have simply evolved the technology to a remote site usage, the "..R.." in PERFECT.

We would be happy to supply the threads with the Patent numbers so that they can review the
Patents.
(eom)
*****************************

Specific patent numbers will be forthcoming when I receive them, and have time to post that information.

Regards,

John M. Hollen, EE
eConnect
Director of Corporate Alliances
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