July 29, 1999 14:16
NextCard Internet Visa Hits a Hole-in-One With chipshot.com
Leading Internet Visa and #1 Online Golf Site Team Up to Provide Credit Cards For Golf Lovers
SAN FRANCISCO and SUNNYVALE, Calif., July 29 /PRNewswire/ -- NextCard, Inc. (Nasdaq: NXCD), creator of The First True Internet Visa, and chipshot.com, the Internet's direct source for tour-quality golf equipment, today announced a strategic card marketing agreement. Under the terms of the agreement, the NextCard Internet Visa becomes the exclusive credit card on chipshot.com. Golf lovers who apply for the card at www.chipshot.com will receive a $50 credit towards custom clubs or merchandise and be eligible for on-going promotions.
"In a continuing effort to enable commerce on the Internet, NextCard is excited to collaborate with chipshot.com to design distinctive credit card products for the avid golf community," said Dan Springer,
chief marketing officer at NextCard. "Golf lovers will now be able to design a completely customized golf credit card the same way they can design their customized golf club at chipshot.com."
"We are pleased to work with NextCard to provide our customers with the latest and greatest in online customization," said Amar Goel, chief executive officer of chipshot.com. "Our customers are people who
love the game of golf, we expect they will enjoy having the
opportunity to show off their love of the sport, as well as being able to take advantage of discounts and promotions on chipshot.com."
About NextCard, Inc.
NextCard, Inc. ( nextcard.com ), creator of the First True Internet Visa, is considered the industry's leading issuer of consumer credit on the Internet. Since its launch in December 1997, over 2
million people have applied for the NextCard Internet Visa, making it one of the premier online credit cards. The Company continues to innovate with its Double Rewards program, complete GoShopping! tools,
personalized PictureCard design, a one-click digital wallet, and exceptional online customer service. NextCard was recently named a "HOT 100 Company" by Upside Magazine.
About chipshot.com
chipshot.com is the Internet's direct source for tour-quality golf equipment, accessories, apparel and information. chipshot.com's vertically integrated manufacturing and retailing e-commerce model bypasses traditional channels to sell high-quality equipment directly to the consumer at significant savings. With chipshot.com's "PerfectFit" customization tool, golfers can research and order tour-quality golf clubs, customized to their physique and style of play, for less than half the price of comparable brand names. In
addition, chipshot.com sells the best brand name equipment and hundreds of great accessories, and offers site visitors a comprehensive library of golf tips, lessons and tutorials. chipshot.com was founded in August 1995, and is based in Sunnyvale, Calif. The company's investors include Sequoia Capital, Oracle
Venture Fund and others. The company has marketing agreements with top Web properties, including AOL, Lycos and Yahoo!. For more information, see the company's Web site at chipshot.com.
The Safe Harbor Statement Under The Securities Litigation
Reform Act of 1995
Information contained herein as to NextCard's expectations and goals are forward-looking statements. Actual results could differ from those projected in these statements due to portfolio characteristics, economic conditions, competition in the industry and other factors detailed from time to time in the Company's Securities and Exchange Commission filings.
NOTE: NextCard is a trademark of NextCard, Inc.
CONTACT: Michelle DesMarais of NextCard, Inc., 415-836-9792, or michelle.desmarais@nextcard.com; or
Hani Durzy of chipshot.com, 408-731-3712, or hdurzy@chipshot.com.
SOURCE NextCard, Inc.
/CONTACT: Michelle DesMarais of NextCard, Inc., 415-836-9792, or
michelle.desmarais@nextcard.com; or Hani Durzy of chipshot.com, 408-731-3712,
or hdurzy@chipshot.com/
/Web site: chipshot.com
/Web site: nextcard.com |
