NEWS!!!
Click Here for More Information
Columbia Capital Corp. Signs to Process for Delaware Bank Card
Business Wire - June 11, 1998 11:30
%COLUMBIA-CAPITAL CLCK-BB CLCK %TEXAS %DELAWARE %FLORIDA %COMPUTERS
%ELECTRONICS %COMED %BANKING V%BW P%BW
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 11, 1998--COLUMBIA CAPITAL CORP.
(Nasdaq:CLCK-BB) announced today that it had signed an agreement with Delaware Bank Card to
provide processing services for the Delaware-based card issuer. CLCK's wholly-owned subsidiary, First
Independent Computers, Inc. (FICI) will be providing card embossing and encoding service, as well as
statement processing.
Ken Klotz, President of Columbia stated, "There are many small to medium-sized institutions including
independent sales organizations (ISO's) that are looking to responsive organizations such as Columbia for
their card production and statement processing services. FICI, with its state-of-the-art card production
equipment, high speed laser printers, and mailing equipment is in an excellent position to take advantage
of these lines of business."
Hal Horton, CEO of Delaware Bank Card, stated, "We chose FICI for our outsourcing needs, because
of their commitment, turnaround time and DataCard 9000 card production equipment." President Klotz
also stated, "Once Delaware Bank Card completes their testing and initial marketing activities, they will
begin aggressively signing various financial institutions for the issuance of ATM and check cards.
Columbia Capital Corp. operates through its wholly-owned subsidiary, First Independent Computers,
Inc., which is a multi-faceted information and transaction processing service organization. The services
provided by the Company include credit and debit card processing, transaction processing for the health
care industry, bank and financial services processing and document management and distribution
services. The Company concentrates on a niche market, consisting of small to medium-sized financial
institutions, and health care providers that have not achieved the economies of scale to operate their own
in-house programs and systems.
Forward-looking statements in this press release are necessarily subject to risks and uncertainties, which
may affect the accuracy of such statements. Such risks may include any delays in the addition of
business or loss of existing customers. For a full discussion of such risks, please refer to the Company's
Form 10-KSB for the fiscal year ended December 31, 1997 and subsequent filings. The company
undertakes no obligation to update such factors or to publicly announce the results of any revisions to
the forward-looking statements contained herein.
CONTACT: Columbia Capital Corp.
Charles LaMontagne, 915/674-3110
Search for:
Enter Stock Symbols (eg: IBM, T, GM) or Company Name.
Click Here for More Information
News:
Your Personal News | Search News
Hot Stocks | Internet News | Technology News | Mergers/Acquisitions
Futures/Commods | News by Industry | Personal News Manager
Quotes (free):
Quotes & News | Mutual Funds | Money Market Funds
Company Digest | What's Hot/What's Not | Market at a Glance
Global Stocks
Portfolio:
My Portfolio | Internet Portfolio
Research Corner:
Company Digest | Earnings Surprises | First Call | IPOs | Global Stocks
User Info:
FAQ | Register | View Balance | Update Account Info | Mail | Cancel Account
About News Alert:
Info | Pricing | What's New | Sources |
