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To: Jorjenzak who wrote (213)7/13/1999 9:16:00 AM
From: SCOOBEY-DO  Respond to of 266
 
News Release:

July 13, 1999 08:27

eConnect licenses Thundergo software to bring new technology to Internet sites

LOS ANGELES--(BUSINESS WIRE)--July 13, 1999--eConnect (OTC BB: ECNC), a fully reporting company, announced today that it has reached a licensing agreement with Interleisure SA, allowing eConnect to use Thundergo(TM) software on Internet sites that it operates. eConnect will initially use Thundergo(TM) to enhance the customer experience at it's eSportsbet Internet site.

According to an eConnect spokesperson, "Our P.E.R.F.E.C.T.(TM) services enables internet merchants to accept same-as-cash(TM) ATM card payments. Thundergo(TM) enables the consumer to visually interact with the internet site. The result is a substantial development for increased Internet commerce."

Thundergo(TM) is an ecommerce enabled software wrapped around netmeeting 3.0 which allows users to see and hear each other during an Internet session. This vastly improves the Internet experience for the consumer, who can now choose to see and talk to a real human being on the other end of an Internet connection. Video can be two-way, or one way if the consumer prefers privacy.

Consumers need not have any special equipment at their home, to be able to see someone at a web site using ThunderGo(TM). Only a microphone is required for conversation. Most consumers can download the communicator portion of ThunderGo(TM), which is freeware, and immediately begin using ThunderGo(TM).

The result is a quantum leap past previous systems in terms of being able to communicate by home videoconference without requiring a high speed connection; bringing this capability into the average home on a practical and reliable basis for the first time.

"Possibilities for the use of ThunderGo(TM) are endless," states a spokesperson for Interleisure. "For instance, while shopping on the Internet, if you have a question about your purchase, click on a button and be connected to a customer service representative whom you can see while you talk. Or, if you prefer a 'casino experience' while gaming on-line, log on to a site using ThunderGo(TM), and see the dealer, or even other gamers, in the game with you. This technology will drive more volume and revenue to Internet sites that take advantage of it."

"We are actively seeking licensees, and are very excited about working with eConnect. They share our vision, that there is a tremendous opportunity for Internet merchants, services, and bill payees to use ThunderGo(TM) to increase both revenues, and customer satisfaction. In addition to increasing revenue and volume for existing sites, whole new business models can emerge.

"Imagine using ThunderGo(TM) to enable a medical practice or law office to consult face-to-face with clients on the other side of the world, via the Internet. ThunderGo(TM) software includes a billing module, with flexible options that allow professionals to bill according to the time spent in conference with clients. Combine this service with the eConnect P.E.R.F.E.C.T.(TM) same-as-cash(TM) service and the Internet eCommerce potential substantially increases."

eConnect is focused on eCommerce. eConnect owns and operates its own Internet sites and kiosks, and markets P.E.R.F.E.C.T.(TM) products and services to enable other Internet merchants to accept ATM same-as-cash(TM) payments from consumers. eConnect is already generating revenue from web sites that it operates or licenses technology to, such as 777wins and esportsbet; and projects revenues to grow rapidly as new web sites are acquired, and as P.E.R.F.E.C.T.(TM) processing services are provided to other Internet merchants.

Interleisure is a private company, involved in the development and marketing of Internet Technologies and services.

This press release contains forward looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development.

CONTACT: eConnect: Carnegie cook
Anita Goldberg, 800/262-2331 (investor relations)
or
ET&T: Prima Capital
Elias Argyropoulos, 800/600-8599
or
Interleisure for Interleisure and ThunderGo(TM)
Hilly Ehrlich, 809/535-6664



To: Jorjenzak who wrote (213)7/19/1999 12:36:00 PM
From: SCOOBEY-DO  Respond to of 266
 
Hi All,
Here is a message from Tom:

Here is an update for the thread on non gaming business development.

1. We are on schedule for an August pilot of P'E'R'F'E'C'T' which in this case is narrowly defined as moving an ATM card with PIN same-as-cash transaction across the Internet.

Implementation: We will be using a hardware mag stripe reader that will DES encrypt the PIN, which will then be again wrapped in a larger message that is then also encrypted before being sent by modem to our bank host for card authorization.

P'E'R'F'E'C'T' will have 3 distinct parts; a plug in that works with the consumer's browser; a plug in for the merchant; and our host.

P'E'R'F'E'C'T' will enable home card read credit card transactions and will also enable home same-as-cash transactions by ATM card and PIN.

Activation: The Internet consumer will simply click the P'E'R'F'E'C'T' button on the site such as ACME Electric Company (to begin the simple process of P'E'R'F'E'C'T' same-as-cash payment by ATM card and PIN.

P'E'R'F'E'C'T' payees: By presenting their bills to consumers on their ACME Electric Company site, a savings of between $1.50 to $3.00 is accomplished by ACME Electric Company.

Add in the fact of the consumer being able to converse face to face through ThunderGo software (see our press release) and the ability of the consumer to elect to pay by P'E'R'F'E'C'T' same-as-cash, and you can readily see where this is heading.

P'E'R'F'E'C'T' Standards: eConnect has the window of opportunity to set the standards for P'E'R'F'E'C'T' same-as-cash payments.

At present, Gaming is driving in revenues. EzyShop is now active and P'E'R'F'E'C'T' is attracting the attention of name companies who you will be reading about in the next 90 days. We are readying eConnect for a rapid departure from our present unknown company status with 99% of the Wall Street brokers.
*******************************
2. EzyShop: This is the widest definition of P'E'R'F'E'C'T' as it encompasses the usage of credit, ATM cards and EzyCards.

Implementation: We are presently advertising a 30 second commercial which began July 13. For those who would like to see the commercial, we are preparing a web site for you to view it.

Focus: The marketing for the balance of 1999 is focused on the South Bay which 2 million plus ADI.

Description: The usage of the EzyShopper (see hpos.com and click PayMaster) along with recognized catalogs to effect P'E'R'F'E'C'T' purchases. We freely distribute the EzyShopper to the locations.

We have learned from our placement at the American Airlines San Jose Admirals Club that consumers can better access the EzyShopper if they are standing up and we are creating podiums upon which to place the EzyShopper to meet this need.

We are focused on 100 EzyShoppers in place by September in the South Bay.
***************************************************************************

Consider this overview report as the first of what will be many reports,
once per week, to the Thread... with the goal of reaching every thread.

GO ECNC!

Tom




To: Jorjenzak who wrote (213)7/21/1999 2:14:00 PM
From: SCOOBEY-DO  Respond to of 266
 
To all ECNC shareholders and Interest Parties:

Our EzyShop web site is now running our EzyShop commercial. This is the commercial that is running on cable channels in the Los Angeles South Bay.

Web site: ezyshop.cc

Cable Channels:

A&E
CNN
Discovery
ESPN
TNT
USA

The focus of our marketing for the rest of 1999 is the Los Angeles South Bay which encompasses the following cities and over 2 million plus people:

El Segundo
Gardenia
Harbor City
Hawthorne
Inglewood
Lawndale
Lomita
Manhattan Beach
Redondo Beach
Hermosa Beach
San Pedro
Rolling Hills, Rancho Palos Verdes, Palos Verdes Estates
Torrance

The EzyShopper locations will also lend themselves to EzyGame for Powerball and Lottery when approved by individual States. We are presently working with a past State lottery director as a consultant for this effort. The EzyShopper locations will also lend themselves to self service EzyPay, where at the same location, one can pay a utility bill by ATM card and PIN or for the non banked by an EzyCard.

The EzyPay aspect will begin with small companies such as a local weekly paper or public radio station or church charity being able to receive EzyPay transactions. Later, we hope to bring in self service utility payments.

The same EzyShop location can also lend itself to a self serviced EzyCash service similar to Western Union whereby the senders pay by either ATM card and PIN or be EzyCard.

EzyPay, EzyCard, EzyGame, and EzyCash are not working systems yet. They are future systems. EzyShop is being actively developed today in the South Bay.

Also keep in mind that some early adapters will be willing to purchase an EzyShopper for home usage. Today they will only be able to shop from our catalogs, but as other EzyShopper services are added on such as EzyPay, then these too will be possible from the home.

GO ECNC.

Tom