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Microcap & Penny Stocks : USWE - US Wireless Data (formerly USWDA)

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To: plantman who started this subject9/17/2002 10:30:56 AM
From: leigh aulper   of 370
 
Vital Launches New Wireless Payment Services Through Reseller Agreement with U.S. Wireless Data

Vital Solution Provides Maximum Wireless Coverage And Cost-effective

Solution for all Wireless Transactions

TEMPE, Ariz., Sept. 17 /PRNewswire/ -- Vital Processing Services(R) (Vital(R)), a recognized leader in technology-based commerce enabling services, announced it has signed a reseller agreement with U.S. Wireless Data, Inc. (USWD), the leader in wireless transaction delivery and gateway services for the payment processing industry. With this new agreement, Vital now offers the broadest range of geographic wireless coverage available in the market today, with its wireless payment services now available across 90 percent of the wireless coverage areas in the United States.

"Vital's end-to-end suite of wireless transaction processing services enables our clients to penetrate the emerging mobile merchant market, said Denise Lewis, executive vice president of products and marketing for Vital. Lewis explained that previously the high cost of wireless, lack of broad geographic coverage and cumbersome merchant set-up processes slowed merchant acceptance of wireless payment processing. "Our partnership with U.S. Wireless Data has addressed all of these issues, " Lewis added.

Vital's wireless offering supports credit and offline and online debit transactions over the Lipman Nurit 3010 and the Thales Artema POS wireless terminals. Both terminals are Class A Certified to Vital's processing network and are fully supported on Vital's world-class 24 x 7 Merchant Help Desk. Additionally, Vital now offers USWD's Synapse Adaptor((TM)) that acts as a "plug-and-play" tool to instantly convert a merchant's in-store dial-up terminal into a wireless workstation.

Vital selected USWD as its partner because USWD's Synapse(SM) platform has the broadest range of geographic coverage and wireless products and services available in today's market. Vital's Wireless Service will be delivered via Synapse over two wireless networks - CDPD and Motient. CDPD services are available from network providers Verizon, Alltel and AT&T.

"We are proud that Vital Processing Services is using our service and technology to build this important new offering," said Dean M. Leavitt, chairman and CEO of U.S. Wireless Data. "This agreement is a clear validation of our Synapse platform by one of the driving forces in delivering innovative payments solutions."
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