SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (85498)7/20/1999 11:27:00 AM
From: VeloSpeed  Respond to of 119973
 
DCTI news out: biz.yahoo.com
-VeloSpeed

July 20, 1999 11:15

Digital Courier Technologies, Inc. Revenues Exceed $800,000 from netClearing's First Full Month of Internet Payment Processing Operations
PARK CITY, Utah, July 20 /PRNewswire/ -- Digital Courier Technologies, Inc. (Nasdaq: DCTI) announced today that its Internet payment processing service, netClearing, reported unaudited June 1999 revenues of over $800,000 on approximately 1.5 Million transactions in its first full month of operations. The revenue derives from the recently completed additions of Secure-Bank.com, Inc. and Access Services, Inc to DCTI's netClearing operation.

"These results validate our decision to reposition the company by divesting the other divisions and concentrating on the Internet payment processing industry," stated Jim Egide, Chairman and Chief Executive Officer of DCTI. "This is just the tip of the iceberg as over the next several months we complete the acquisition of Databank International, SKB and implement our worldwide distribution agreement with ACI," he added. ACI is a subsidiary of Transaction Systems Architects, Inc. (Nasdaq: TSAI), a global leader in the payment processing industry.

"During our next fiscal year (commencing July 1, 1999), we expect our revenues to propel us into a position as a major player in the Internet payment processing arena," stated Mitchell Edwards, Executive Vice President and Chief Financial Officer of Digital Courier. Digital Courier is currently in the process of finalizing the announced acquisition of DataBank International, an international Internet payment processing company, subject to compliance with the SEC's proxy solicitation rules and shareholder approval.

Digital Courier supplies financial institutions, businesses and major web portals with sophisticated e-commerce, payments processing and content delivery software. Its integrated netClearing product provides an end to end Internet payment gateway to the credit card networks, provides payment processing management, and combines real-time access with sophisticated fraud prevention features. For more information about the netClearing product, visit Digital Courier on the internet at www.dcourier.com or www.netclearing.com.

This press release contains forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such forward-looking statements are not guarantees of future performance and involve risks and uncertainties which could significantly affect expected results in the future from those expressed in any such forward-looking statements made by, or on behalf of the Company. Certain factors that could cause actual results to differ materially include, without limitation, risks relating to the integration of Access Services Inc. and Secure-Bank.com, Inc., risks relating to the acquisition and integration of DataBank International, SKB and the potential for increased competition which could affect pricing and profitability.

SOURCE Digital Courier Technologies, Inc.



To: Ron who wrote (85498)7/20/1999 11:28:00 AM
From: Rock_nj  Read Replies (2) | Respond to of 119973
 
PCNA news with AT&T. Legal Website opening August 3rd.

Attorneys Online, Inc. Announces Joint Marketing
Agreement with AT&T

LAKE HELEN, Fla.--(BUSINESS WIRE)--July 20, 1999--Attorneys Online, Inc., a wholly owned subsidiary of The Publishing Company of North America, Inc. (Nasdaq: PCNA - news), today announced that it has entered into a Joint Marketing Agreement with AT&T (NYSE:T - news) whereby AT&T shall be the exclusive communications provider featured
on Attorneys Online's new legal portal scheduled to debut August 3, in conjunction with the American Bar Association's annual meeting in Atlanta, Georgia.

Commenting on the agreement, Dottie Germain, PCNA's Vice President of Marketing and Business Development stated, ''Our portal has been designed to help attorneys more easily navigate the World Wide Web relative to legal issues and topics. In creating our site, we are partnering with companies that work extensively with the legal profession and will offer exceptional products and services to our users. Our agreement with AT&T is designed to market AT&T's services to attorneys nationwide and includes AT&T Wireless Service, AT&T WorldNet Service, and AT&T One Rate On-Line Long Distance Service. The
ability for legal professionals to communicate both efficiently and effectively is critical to the practice of law. As a world leader
in communications, AT&T has the products and services necessary to meet the needs of our users.''

Under the agreement, Attorneys Online will feature AT&T's icon on the front page of its legal portal through which visitors will be taken to the AT&T Communications Center. Attorneys Online will receive royalties for all sales initiated by visiting its legal portal.

The Publishing Company of North America, Inc., and its wholly owned subsidiaries, PCNA Communications Corporation and Attorneys Online, Inc. are integrated full service providers of specialty publishing for bar associations nationwide. While having focused principally on print directories and related products and services, PCNA and its subsidiary companies are aggressively pursuing its online strategy of providing goods and services to the legal profession.

Contact:

The Publishing Company of North America Inc.
Peter S. Balise, President and CEO, 904/228-1000
or
InterWest Associates, 949/645-8325