biz.yahoo.com
Tuesday April 6, 7:29 am Eastern Time
Company Press Release
iChargeit.com Launches Internet Pay Terminals -IPT-
Terminals Enabling Internet Access and e-Commerce Transactions In
Shopping Malls, Airports, Hotels, and Retail Outlets
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--April 6, 1999-- iChargeit Inc. (OTC BB:
ICHG - news; formerly Para-Link - OTCBB:PLNKD) today announced that it is launching
Company-branded Internet Pay Terminals(IPT) that will provide Internet access, e-mail,
e-Commerce abilities and video tele-conferencing.
The IPT's will be marketed and Company-branded terminals leased to retail outlets,
shopping malls, airports, hotels and a number of industries. Internet access, e-mailing,
banking, video-teleconferencing, e-Commerce transactions, and on-line credit approval
can be available in a variety of locations, other than home or at the office, responding to
increasing market demands. From these terminals a printed copy of any transaction will be provided to the user.
Additionally, IPT's will allow the large audience of potential Internet users to have on-line access without incurring the costs
of buying a computer concurrently generating revenue for the IPT-lessor. Financing for the terminals can be approved
within twenty-four hours and within two weeks consumers will be in possession of their fully operational terminals. These
IPT's will be manufactured for iChargeit by Info Touch Technologies, which is headquartered in Burnaby, British Columbia.
iChargeit, Inc., entered an agreement with Leasing Group, www.leasinggroup.com, which provides a full suite of financial
products including but not limited to: financing, lease lines of credit, technology lines of credit, master leases, and consumer
leases. Through iChargeit.com, and for an investment of as little as $200.00 per month (dependent on credit worthiness),
on-line applications can be processed and approved within twenty-four hours for these Internet Pay Terminals. A full line of
IPT's will be made available for on-line viewing and purchase at www.iChargeit.com. The Company's alliance with the
Leasing Group will also provide qualified iChargeit users the means to purchase any item, regardless of price, from any of
the iChargeit's related sites. Founded in 1988 to serve the needs of DELL Computer Corporation (Nasdaq: Dell - news), the
Leasing Group has partnered with CompUSA (NYSE: CPU - news), Staples (Nasdaq: SPLS - news), NEC and Micron
Electronics (Nasdaq: MUEI - news).
Jesse Cohen, CEO of iChargeit, stated, ''The potential that the IPT's possess is tremendous in increasing internet usage,
responding to the needs of businesses while contributing to their bottom line, and creating centralized locations for users.
Additionally, this unique and aggressive approach is part of our strategic initiative to create greater visibility for iChargeit in
the investment community, ultimately adding great value for our shareholders.''
iChargeit Inc., is an Internet based Company whose iChargeit.com Cybermall and Virtual Arcade as well as the iChargeit
Cyberswapmeet.com websites, began Phase I deployment on March 1, 1999. iChargeit's key partners and anchor tenants
include, but are not limited to: Preferred Voice International (OTC BB:PFVI - news), Winners Internet Network (OTC
BB:WINR - news), Innovative Holdings and Technologies (OTC BB: IHTL - news), Pacific Medical Group (OTC BB:PMGI -
news) and Massimo Da Milano (OTC BB: MDMI - news).
Statements made in this news release that relate to future plans, financial results, market growth and other projections,
events or anticipated events are forward-looking statements with the meaning of Section 27A of the Securities Act of 1933,
as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Actual results may differ materially
due to a variety of factors including competitors with more resources available to them.
Contact:
CONTACTS: DeMonte Associates, New York
Investor Contact:
Cynthia DeMonte/Sean Leous
e-mail: cdemonte@aol.com
or
IChargeit Inc., Huntington Beach
888/815-4390
e-mail: ichargeit@ichargeit.com
www.iChargeit.net |
