I-TRANSACTION.NET INC., ANNOUNCES LICENSE AGREEMENT
WITH CHASE EQUITY GROUP.
March 9, 2000? Hollywood, Florida ? I-Transaction.net Inc. (OTCBB: ITNI) announced today that it?s wholly owned subsidiary eP@ss Canada Inc. has licensed its proprietary eCRM module to Chase Equity Group (Chase).
Chase, a Toronto based investor relations firm, purchased the software for $100,000.00 USD and in addition will pay a royalty on a per use basis for access to I-transaction?s Integrated Communication Engine (ICE). ICE allows Chase to disseminate information via e-mail and fax within minutes to all of its clients. This is extremely important for timely disclosure and allows its clients to react in real-time to changes in market conditions.
Chase is a boutique merchant bank, corporate communications and investor relations firm specializing in assisting high growth companies in the emerging technology sector, raise capital and bring awareness to the investment community.
Chase provides investor relations services to publicly traded companies and has over 10,000 clients. All employees of Chase can now access their own personal data securely whether they are in or out of the office through a secure web interface. Chase can now easily group its clients by size, type and interest, and communicate with its clients by predefining rules. For example, a customer who follows the technology sector could be automatically notified when the variance between his purchase price and the market price exceeds 50%.
Domenic Franco, Vice President, Chase Equity Group, says, ?After implementing and managing data bases for various Investor Relations, brokerage and call center firms over the years I have finally found the solution for my contact management needs. User friendly, portable and seamless is the only way I can describe ICE.?
Within the next few weeks, it is expected that Chase will begin to implement eP@ss? data base driven instant messaging product as well.
eP@ss is not just a software product, it is a completely integrated system comprised of software modules, hardware components and advanced telecommunications facilities. It allows organizations to have access to critical client information and provide timely response to client requests. This product is ideal for companies who have front-end solutions, such as web sites, that need strong back end support infrastructure
ITNI develops and deploys business-to-business and consumer-to-business e-commerce solutions as well as offering electronic funds transfer, advertising, marketing and database support. The website is located at www.i-transaction.net
For Investor Relations Information Contact Either: The Bullen Capital Group
Jody Bullen: (416) 917-0199
Keith Bullen: (416) 350-2794
Fax (416) 865-1249
www.bullen.net
The Chase Equity Group
Domenic Franco: (416) 864-0808
Toll Free: 1-877-847-7719
www.chaseequity.com
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