HUNTINGTON BEACH, CALIF. (April 14) BUSINESS WIRE -April 14,
1999--iChargeit Inc. (OTC BB:ICHG) (formerly Para-Link - OTC BB:PLNKD)
today announced that the Company has partnered with HomeCom (NASDAQ
SmallCap:HCOM) a provider of Internet software solutions for the
financial services industry.
The agreement will provide direct online access and online promotion
for InsureRate(TM), HomeCom's insurance delivery system. This service
can be accessed via the iChargetit.com site www.ichargeit.com.
Consumers can obtain comparative price quotes, as well as, insurance
from participating financial institutions.
Tim James Higham, President of InsureRate(TM) stated, "United States
consumers pay approximately $750 billion per year in premiums. This
enormous market will be well served by the Internet. We are pleased
iChargeit will assist us with our marketing as well as the overall
visibility and fulfillment of our financial services."
"The Internet will continue to be a substantial resource for educating
consumers, especially when making critical decisions on all types of
insurance," stated Jesse Cohen, President and CEO of iChargeit.
"InsureRate(TM) is a welcome addition to iChargeit and we look forward
to sharing this site with our current investors and future
shareholders."
HomeCom Communications, Inc. specializes in Internet application
solutions for the financial services market. HomeCom provides all of
the professional services and technology necessary to develop an online
marketplace for a financial institution and integrate this medium into
the institution's business operations.
InsureRate(TM), HomeCom's comprehensive insurance market site, allows
consumers direct access to a superstore of insurance products and
services, including product information and completely confidential
quotes.
Founded in 1994, the company is headquartered in Atlanta and has
offices in New York and in Washington, where its Internet Security
Services Division is located. In 1998, HomeCom was selected by ZD
Internet Magazine as one of the Top 20 Internet consulting firms in the
country.
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 Inc.'s
key partners and anchor tenants include, but are not limited to,
Massimo Da Milano (OTC BB:MDMI), Preferred Voice International (OTC
BB:PFVI), Winners Internet Network (OTC BB:WINR), Innovative Holdings
and Technologies Limited (OTC BB:IHTL) and Pacific Medical Group (OTC
BB:PMGI). Statements made in this news release that relate to future
plans, financial results, market growth, or other projections, events
or anticipated results are forward-looking statements within 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.
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CONTACT: Investor Contacts: iChargeit Inc.
DeMonte Associates, New York
Cynthia DeMonte/Sean Leous
212/473-3700
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