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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: James Marks who wrote (1)5/20/1998 12:04:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 1020
 
Jim FICI(CLCK) provides a full range of card processing services for 14 customers which consist of 7 banks, 3 retailers and four financial service organizations that do not operate their own in-house services.

Of course these customers include banks like Bestbank of Colorado:

bestbank.com

bestbank.com

I think the following look at future business concerning our company and Bestbank is especially worth repeating:

In October, 1997, Century entered into an agreement with BestBank to service a new program for the introduction of debit cards, commencing on April 1, 1998. Berwyn is in the process of setting up the VISA debit card program for BestBank for this new program. Through the Company's Master Agreement with BestBank, the Company will process and service this debit card program. This program will be marketed by Financial Management Services, Inc. ("FMS"), an unaffiliated third party. The debit cards are to be introduced through the national chain of check cashing retail outlets, Check Cashing Store, Inc. ("CCSI") owned by FMS. FMS is currently testing this program and expects to market this program throughout the country over the next 12 months. The delivery of the debit card product is expected to be completed by August, 1998 in over 3,500 stores in the United States. However, no assurance to this effect can be given.

Regards, Jeff

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