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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: $Mogul who wrote (63835)9/29/1999 7:39:00 PM
From: puborectalis  Read Replies (1) of 120523
 
I have a good feeling about NXCD...NextCard Named One of the Most Important
Companies of the Internet Economy by The Industry
Standard

Internet Visa Pioneer listed among 'The Standard 100'

SAN FRANCISCO--(BUSINESS WIRE)--Sept. 16, 1999--NextCard (NASDAQ:NXCD - news), creator of The First
True Internet Visa, today announced it has been recognized by The Industry Standard (www.thestandard.com) as one of the
100 most important and influential companies in the Internet economy. The leading issuer of online credit cards, NextCard
(www.nextcard.com) joins Charles Schwab, E-Trade, Reuters, Nasdaq and select others as one of the ten most important
companies in the financial services category. The inaugural Standard 100 is a listing of the top 100 companies defined by
importance and influence in the Internet economy.

''Jeremy Lent (founder and CEO of NextCard) saw the obvious long before the credit card titans did,'' the magazine stated.
''So far, the credit card companies haven't even caught up with the NextCard model.''

''NextCard is pleased to be included in the company of so many clear industry leaders,'' said Jeremy Lent, founder and chief
executive officer of NextCard. ''This is certainly another validation of NextCard's achievement in redefining the banking
experience for the Internet consumer. Our vision has already changed the face of the US credit card industry, with instant online
approvals, customized offerings and end-to-end e-commerce services. We intend to continue to lead the revolution of online
banking both in the US and elsewhere in the world.''
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