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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (11520)	7/14/1999 9:52:00 AM
From: Joe Copia	Respond to of 108040

MRTO news!! Wednesday July 14, 9:24 am Eastern Time Company Press Release MerchantOnline.com Signs Letter of Intent With EOCnet.com BOCA RATON, Fla.--(BUSINESS WIRE)--July 14, 1999-- MerchantOnline.com Inc. (OTC BB:MRTO) announced that it has signed a letter of intent with EOCnet.com to provide e-commerce services offshore. Tarek Kirschen, president and chief executive officer of MerchantOnline.com, stated: ''We believe that our ability to provide a more flexible and cost-effective e-commerce solution through Bermuda-based EOCnet.com will give us the competitive edge necessary to gain greater marketshare.'' Bermuda-based EOCnet.com formed Charter Alliance Partners with Sterling Commerce, Bank of Bermuda, Cable & Wireless, PriceWaterhouseCoopers and VISA International, enabling client companies the ability to conduct business electronically offshore. MerchantOnline.com is one of the first e-commerce providers to use and deliver the benefits of the EOCnetwork. MerchantOnline.com (www.merchantonline.com) is a total one-stop e-commerce provider offering real-time credit card processing checks online and shopping-cart services. This Boca Raton-based company is one of the fastest-growing e-commerce providers in the industry. Forward-looking statements in this release are made pursuant to the ''safe-harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. Contact: MerchantOnline.com, Boca Raton Tarek Kirschen, 561/395-3585 Info@merchantonline.com www.merchantonline.com