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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (1605)	7/22/1999 2:33:00 PM
From: michael j. brown	Read Replies (2) \| Respond to of 2419

Home - Yahoo! - Help [ Business \| US Market \| By Industry \| IPO \| AP \| S&P \| International \| PRNews \| BizWire \| CCN ] Thursday July 22, 1:14 pm Eastern Time Company Press Release USABanc.com Selected to Provide iToaster with Online Banking Services PHILADELPHIA--(BUSINESS WIRE)--July 22, 1999--Along with other major e-commerce companies, USABanc.com (NASDAQ:USAB - news) today announced that it will serve as a default desktop icon for the new iToaster from Microworkz.com. USABanc.com's icon will take users directly to www.USABanc.com and will offer exclusive online banking services for iToaster customers. ''There's no better way to attract new customers than at the point of sale, and for online customers . . . the point of sale is at the desktop,'' stated Ken Tepper, President & CEO of USABanc.com. ''iToaster is an exciting new product which will make internet access and e-commerce incredibly easy, and I think it's great that we're participating with other e-commerce leaders in providing iToaster important functionality,'' Tepper concluded. USABanc.com intends to pursue additional desktop alliances within the hardware industry as an ongoing channel for customer origination. ''Our iToaster users will have instant access to the best information and services available on the Internet,'' said Microworkz.com CEO Rick Latman. In addition to instant access to these sites, the iToaster has a suite of applications including word processing, a spreadsheet and graphics functions. ''We designed the iToaster to do exactly what the majority of people want to do on their computers - shop online, surf the web, do their e-mail, write letters and keep track of their finances,'' said Latman who predicts that the iToaster's ease of use and low price will entice even the technologically reluctant segments of the market to give the internet a try. Founded in 1991, Microworkz.com has evolved from an independent software vendor to the leading manufacturer of the world's lowest priced computers. Microworkz.com will rollout an initial product shipment of 10,000 iToaster units for national distribution through CompUSA. Forward Looking Statements: Some of the statements contained in this press release discuss future expectations, contain preliminary unaudited results of operations and financial condition and state other ''forward looking'' information. Those statements are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and was derived using numerous assumptions. Important factors that may cause actual results to differ from projections include, for example: general economic conditions, including their impact on capital expenditures; business conditions in the financial services industry; the regulatory environment; rapidly changing technology and evolving banking industry standards; competitive factors, including increased competition with community, regional and national financial institutions; new services and products offered by competitors; and price pressures. Contact: USABanc.com, Philadelphia Brian M. Hartline, COO, 215/569-4200 usabanc.com More Quotes and News: USABanc.com Inc (Nasdaq:USAB - news) Related News Categories: banking, computers, internet Help Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?