ECONNECT - Debuts eCashPad Infomercial; 5-Minute Advertisement Accessible - at www.econnectholdings.com eConnect continued its mass-market introduction of the eCashPad, posting a 5-minute infomercial on the home page of the Company's web site, at econnectholdings.com. New York, New York, Nov. 30, 2000 (Market News Publishing via COMTEX) -- "Over the next 30 days, we plan to add national radio exposure and regional television commercials," said Manny Vavolizza, eConnect's Director of Communications. The eCashPad, now on sale for $59.95, is a common-sense solution to online fraud, consisting of a "plug-and-pay" PC peripheral approximately the size of a PC mouse. By swiping a credit card, smart card or ATM card-with-PIN, the consumer routs financial information directly to the financial institution that settles the online purchase and pays the merchant. The consumer's financial information is neither seen nor stored by the merchant, who is charged a flat fee per Bank Eyes Only(TM) transaction. Equipped merchants can still make non-Bank Eyes Only(TM) transactions with customers who do not yet own an eCashPad. Safe Harbor: Certain statements in this release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities and Exchange Act of 1934 and are subject to the safe harbor created under those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements. -0- TEL: 310-788-2850 Fred Biddle, Member of the Firm TEL: 310-788-2850 Fred Biddle, Member of the Fir Sitrick And Company, for eConnect INET : econnectholdings.com |