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To: scouser who wrote (8933)9/2/1999 8:28:00 PM
From: CIMA  Respond to of 150070
 
ECNC - Got this in my E-mail (and I own some):

EConnect - econnect.lisbot.com

To print and to put above your bed. The beginning of your wealth:

LOS ANGELES--(BUSINESS WIRE)--Aug. 31, 1999--eConnect, Inc. (OTC BB: ECNC -
news), a fully reporting company, announced today the grand opening of its
Internet Auction portal at econnectauction.com.

This new initiative creates the world's largest on-line or off-line
exclusive sports memorabilia auction. The auction is now live 24 hours a
day, 7 days a week and features a variety of rare collectibles from
throughout the sports world.

''eConnect Auction represents a revolutionary Internet Auction platform
which, unlike its competitors, specializes in personalization and
customization features for the benefit of its users. Matching specific items
with a customer's demographic profile represents a giant leap in the on-line
Auction arena'' stated E. James Wexler, President of eConnect-Auctions.

The eConnect Sports collectibles site is a natural expansion of our
eSportsbet.com gaming site which is scheduled for opening this week.
eConnect's Sports collectibles Auction is the company's first on-line
Auction and we are planning expansion into other market segments over the
next 60 days. We have now increased our third quarter earnings potential as
our pre registered users bring an active revenue generation to our sports
collectibles auction site which will also act as a test site for our
Same-As-Cash(TM) Internet transactions,'' stated Thomas S. Hughes, Chairman
and CEO of eConnect.

eConnect is both an Internet and non Internet company focused on the global
processing of P.E.R.F.E.C.T which are personal encrypted transactions
originating from consumer friendly terminals which enable the public or home
user to pay with either ATM card with PIN Same-As-Cash or by secure terminal
sent credit card transactions.

eConnect consists of two Divisions: the eConnect eGate Division is now
actively launching EzyShop,(www.ezyshop.cc) with revenues and earnings
expected to be reported in the fourth quarter; the eConnect- Auction busines
s unit and the service of Same-As-Cash which is the payment of Internet
purchases with ATM card with PIN on line debit. eGaming consists of
eSportsbet.com which is presently generating non Internet gaming revenues,
and 777WINS.com. eConnect's strategic alliance with E-SAFE will enable
eConnect to soon test Same-As-Cash pay per play gaming transactions from
Australia to eSportsbet.com and 777WINS.com plus the INSTANT GOVERNMENT
TAXATION of these winnings which eConnect believes will set the business
model for globally accepted Internet gaming transactions.

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 may include 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:

For eConnect: Carnegie Cooke
Anita Goldberg, 800/262-2331, (Investor Relations)
or
For E-SAFE:
Bruce McWilliam, 011-61-2-9267-7555
or
For ET&T:
Prima Capital,
Elias Argyropoulos, 800/600-8599
web sites: www.e-connect.cc
www.ezyshop.cc
for eConnect recent interview see
www.emergingcompany.com

It's nice to be important, but it's more important to be nice :-)? Go to
websucces.com

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