Blazinpicks.com Electronic Newsletter - blazinpicks.com
Company Name I-Transaction.net Inc.
Shares Outstanding 10,000,000 (appx.)
Shares in Public Float 375,000 (appx.)
Recent Price $2 1/16 x $2 1/4
Market Capitalization $21 Million (as of 8/19)
52 Week Trading Range $1.28 -$ 8.44
Company Website(s) i-transcation.net,
epasscanada.com, dynavis.com
I-Transaction.net Inc. (OTCBB: ITNI) has been successfully developing
software and e-commerce solutions for businesses in North America and the
Caribbean for over a year. Through its proprietary license to market
cutting edge revolutionary software, the Company plans to change the face
of business worldwide during the next two years. The Company has formed
partnerships, strategic alliances, and made acquisitions that have laid
the groundwork necessary for ITNI to become a major player within its
field.
Dynamic Visions, Ltd.
In December 1999, I-Transaction.net announced the acquisition of Dynamic
Visions, Ltd., a developer, manufacturer and retailer of high-end 3D
virtual reality arcade systems, for 700,000 shares of ITNI stock.
Dynamic Visions holds exclusive contracts with several computer game
software companies such as Activision, Interplay and 3DO. The company
has also entered into agreements with the Canadian Department Of National
Defense, as Dynamic Visions has developed a virtual reality simulator for
military training.
Dynamic Visions' Orion Game System is outfitted with the latest in 3D and
virtual reality (VR) gaming gear, software and hardware. The Orion Game
System offers its players a completely futuristic and interactive gaming
experience and is currently in use at various top entertainment facilities
and theme parks worldwide. Players stand on a 10-square-foot platform
equipped with the necessary VR headgear and peripherals and play
action-adventure games.
Orion Game Systems can be networked to other systems within the same
location or to others across the country via modem and sophisticated
telephony networks. Current programming and development strategy will
bring the systems to the World Wide Web using a centralized gaming server
and affiliated web site. This Internet business initiative will result in
many e-commerce possibilities, as members of the web site would pay fees.
Online merchandise, pay-per-use transactions and play passes would account
for a significant portion of the overall revenue.
On August 3rd, the Company announced that Dynamic Visions has entered into
a revenue share agreement with Fun Time Hospitality, a leading Location
Based Entertainment complex. Fun Time Hospitality is the Canadian licensee
for Dave and Buster's (NYSE: DAB). Under the agreement, Dynamic Visions
will place four Orion GameSystems at the new Dave and Buster’s location
in Toronto, Canada. Other such agreements within the rapidly expanding
Location Based Entertainment market present substantial revenue potential
to the Company. On August 9th, the Company announced that Dynamic Visions
has won a $100,000 development agreement with Essential Reality LLC (ER) a
New York-based hardware manufacturer. Under the contract, DVDC will
provide the underlying technology for ER's new Glove Interface Device
(GID). Recent deals such as this and the one with Fun Time Hospitality
are evidence of the Company’s plans to expand and move forward with its
technology endeavors. For more information about Dynamic Visions, visit
the company website at www.dynavis.com.
Athon Graphics and Marketing
In March 2000, the Company announced it had acquired Athon Graphics and
Marketing, a full service design and communications company headquartered
in Eastern Ontario. Since 1995, Athon has delivered unique strategic and
creative solutions for their clients utilizing all forms of media. Working
as an idea lab, Athon's core team assembles industry professionals to meet
specific client needs. This fluid organizational plan means low overhead
combined with the ability to offer the best creative and executional
thinking. Through its flexible structure, Athon has been able to take on
projects both large and small, depending upon the demand of the client.
The Athon acquisition has enabled I-Transaction.net to offer clients
integrated communication solutions that include strategic web development
and the creation of innovative marketing materials. Athon will develop
marketing strategies focused on the client's needs and build programs that
encompass the client's website and advanced communication techniques.
e-P@ss™ Canada Inc. ITNI’s most noteworthy subsidiary is e-P@ss™ Canada
Inc. In March 2000, I-Transaction.net announced that it has acquired 100%
of the common shares of e-P@ss™ Canada Inc., a developer of web-based
database and e-commerce solutions for total consideration of
USD$2,200,000. In today's technology driven marketplace, the need to
access and provide information to clients and employees is crucial to
staying competitive and getting an edge on the competition. Mobile
computing has become a way of life for the business world; from the local
flower shop owner to the CEO of a multi-national conglomerate, the need to
access your business from anywhere is a must.
We all know that in this internet revolution, just about every business is
driven by good internet communication tools and especially a database that
allows the business to establish and maintain an excellent client history
and profile that promote good customer relations. Now not every business
can afford a large commercial database as well as the implementation of
costly network management team. We also know that 24/7 access is extremely
valuable in an ever competitive markets and so an eP@ss™ database is only
a click away and accessible through a customized eP@ss™ website.
Say, for example, that you are starting a business and have a small budget
for your IT needs. eP@ss™ enables you to manage your entire business using
the internet. eP@ss™ combines power with absolute simplicity. With eP@ss™
you will close the loop between information delivery, customer
interaction, e-comerce transactions, inventory management, and office
management. All in real time.
eP@ss™ is not just about collecting data, it is about data-interaction,
demographics, profiling and communication. eP@ss™ is a powerful
data-driven engine designed to give you the contact management edge you
need in today's growing, web-based business to business economy.
This is a series of business modules providing web-based data management,
and Internet communication. eP@ss™ can be a total, intergrated solution,
or employed as stand-alone modules. Whatever you need, this system
intergrates a variety of tasks to ease the flow of information and the
efficacy of customer, employee and supplier communications.
The eP@ss™ business process can be broken down into two areas; The
consumer front-end and he management of the back end.
The Front-end management involves: the initial design and set-up of your
website. Create a personal look, add shopping cart functionality, list
your products and enable your site visitor to browse them, and a variety
of other marketing and sales related functionalities.
The back-end tools enable your business to manage a variety of processes
including: contact and customer management and communication using e-mail
and fax blast, order entry, inventory control, technical support, as well
as AP/AR/GL and other accounting related processes. Your fully functional
site wil allow employees, supplies, managers, and customers to log-on from
anywhere in the world, and view the information relevant to their needs.
eP@ss™ serves as a: Client retention and relationship management tool
Competitive sales advantage
Vehicle to expand your sales volume within existing clients
Robust e-business solution
eP@ss™ integrates: Without additional hardware or IT Personal required
In weeks not months
Without extreme upfront capital costs
As a pay-as-you-use service
Businesses will benefit from:
Streaming production workflows-cutting costs and increasing productivitiy
Customizing sites for each of customer's unique needs - strengthening your
vender-customer relationship
Minimizing miscommunications, missed deadlines and errors by keeping
everyone on the same page
Establishing your branded e-commerce site without an extensive investment
in or maintenance of hardware or software Designing and delivering your
e-business site in weeks, at an affordable price, with cost effective
pay-as-you-use fees
Managing multiple jobs from multiple customers, with all relevant
information and assets shared in one place
Reaching and keeping new customers with more responsive service
eP@ss™ Instant Messenger I-Transaction.net recently announced the release
of eP@ss™ Instant Messenger version 1.01. Unlike other messenger
products, eP@ss' Messenger operates on variable triggers. For example, if
a user requested information on the results of their favorite sporting
event, the eP@ss' Messenger could deliver that information to the users
computer, cell phone, pager, or Palm Pilot. The software is available
for free download at 209.135.76.96
Joint Venture with IdeaFX
In July 2000, i-Transaction.net announced the licensing of the eP@ss™ name
and eP@ss™ wordmark to IdeaFX Inc. As such, IdeaFX now operates under the
name ePass Design & Print. By creating a comprehensive alliance with a
digital design company, ITNI, through its subsidiary ePass Canada Inc.,
will better enable itself to build extended brand-name recognition in the
marketplace as well as seamlessly offer turn-key technology, digital
design and printing solutions.
The team of knowledgeable professionals bring decades of experience to
every project and will assist ePass™ clients with their digital printing
needs. Through this venture, ePass™ delivers a higher level of service to
existing clients and enhances its overall client base. IdeaFX will utilize
the high-speed connections provided by eP@ssª to enable clients to send
files direct to press. Currently project turn-around times range from
three to five days. With the implementation of eP@ss™ technology, the
company will be able to turn around printing in as little as two hours.
Conclusion
Through the utilization of its aggressive growth strategy,
I-Transaction.net’s recent acquisition will serve as the building blocks
for a powerful B2B enterprise. ePass offers both large and small
companies a cost-effective solution for generating a successful internet
business. Its proprietary applications enable business to effectively
communicate with their clients in real-time. This makes transactions,
information delivery, customer interaction, e-commerce transactions,
inventory management, and office management easily accomplished through
ePass’s powerful data-driven engine. Through the use of such applications
and the continuance of its acquisition, partnership and joint venture
strategy, I-Transaction.net looks poised to capture a significant portion
of the Information Technology market.
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