To All: ABYT news! Alpha Bytes Goes Live With H-NET(R) and Deploys First E-Commerce Capabilities for Healthcare Industry
NIAGARA FALLS, N. Y., June 30 /PRNewswire/ -- Alpha Bytes, Inc. (OTC Bulletin Board: ABYT - news) announced today that the company went live Tuesday with the initial release of H-NET®. The Internet-based transaction network and software enables vision care doctors and retail outlets to process insurance claims, credit card charges and maintain inventory control. Upon successful completion of the initial period, Alpha Bytes plans a nationwide rollout of H-NET®.
The company also announced deployment of its first e-commerce solution for the healthcare industry. The system allows the management of sales and promotions, the easy application of discounts and sales offerings and unique personalization features for system users. Customer records can be immediately accessed at any time, giving system users individual historical purchase reports in an attractive user interface.
Hosted by H-NET®, client sites have full credit card and electronic check clearing capabilities in addition to the state-of-the-art authorization and fraud protection. Client sites can be programmed to run sales promotions, price promotions, special offers and cross-sell promotions encouraging customers to consider purchasing related products by following a link. It is also possible for H-NET® clients to produce income from their e-commerce sites through advertising.
Anton Stephens, chairman and CEO of Alpha Bytes, said, ''This is not only the beginning of an exciting new era for the vision care industry, but also a major step forward for Alpha Bytes in providing transaction services for the broader healthcare industry. Our ongoing consultations with healthcare providers and groups are driving the development of innovative solutions for automating and streamlining their office and administrative functions by capitalizing on the Internet's e-commerce capabilities.''
Alpha Bytes is emerging as an early leader in executing a global e- commerce transaction strategy for the healthcare industry. With a streamlined network and a strong existing international customer base in the vision care market, Alpha Bytes is making significant R&D investments to facilitate a rapid deployment of H-NET® to as many users as possible. The relationship with the alliance partners Microsoft Corporation (Nasdaq: MSFT - news) and Compaq Computer Corp. (NYSE: CPQ - news) is designed to assure the company of the most powerful solution for an Internet based transaction network that will set the standard of excellence in the healthcare industry.
For more information about Alpha Bytes, Inc. please visit our website www.alphabytesusa.com or contact Christine Stephens at (905) 475-3249. Email info@h-net.net. For copies of press releases, SEC filings, current price quotes, stock charts and other valuable information visit Hawk Associates website www.hawkassociates.com or contact Frank Hawkins or Julie Marshall, Hawk Associates, Inc. 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'', ''believes'', ''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, including but not limited to, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed in periodic reports filed by the Company with the Securities and Exchange Commission.
SOURCE: Alpha Bytes, Inc.
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