Points International signs commercial agreement with eBay Toronto, February 21, 2003 – Points International Ltd (TSX Venture Exchange: PTS) is pleased to announce that it has entered into a formal agreement with eBay Inc. The agreement engages Points to develop a number of custom technology solutions for eBay. The new relationship, details of which will be forthcoming in a subsequent release, also involves other Points technology solutions – including pointscorporate and pointsintegrate, among others. The contract lasts until December 2005, subject to certain exceptions.
Points and eBay will announce further information as the solutions launch, expected during the second quarter of 2003.
More about Points International Ltd and Points Solutions
Points International offers innovative solutions to enhance the loyalty experience. Through a portfolio of Points Solutions, Points is forging rewarding partnerships with the world’s leading loyalty players to deliver compelling value propositions.
The cornerstone of Points’ unique loyalty program asset management system is pointsxchange™ - the world’s first loyalty program currency exchange that allows consumers to earn rewards faster by making all of their points count. A growing portfolio of custom solutions also includes the innovative pointspurchase™ solution, powering the online sale of miles and points to members of leading loyalty programs including American Airlines, Air Canada, America West Airlines, Alaska Airlines, Cathay Pacific Airways and US Airways. A pointspurchase solution for Six Continents Hotels is coming soon.
Based in Toronto, Points International’s shares trade on the TSX Venture Exchange under the stock symbol PTS.
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For more information, visit www.points.com or contact:
Moira Wright Points International Ltd 416-596-3257 moira.wright@points.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE |