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Technology Stocks : Merchant Online MRTO -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (125)	10/28/1999 4:29:00 PM
From: Francois Goelo	Respond to of 147

BULLISH NEWS for MRTO: MerchantOnline.com to Acquire Approve.net BOCA RATON, Fla.--(BUSINESS WIRE)--Oct. 28, 1999-- MerchantOnline.com (OTC:MRTO), a leader in providing one-stop solutions for merchants who set up shop on the Internet, has agreed to acquire Approve.Net, a privately held San Diego-based credit card processor. The acquisition is pending shareholders approval. Terms and Conditions were not disclosed. MerchantOnline.com offers real-time credit card processing, shopping cart services, online checking transactions and secure hosting services. "The acquisition of Approve.Net, Inc., with its subsidiary, Charge Solutions, another San Diego based Internet Payment Processor and developer of CS-VPOS Payment Processing Software used by many Internet Payment Processors, enables MerchantOnline.com to offer more advanced state-of-the-art programming and features to its rapidly expanding merchant customer base. This acquisition will add many new technologies and capabilities, increasing Merchant Online's ability to reach new markets," said President and CEO Tarek Kirschen. MerchantOnline.com will also be retaining the key staff and development teams of Approve.net and Charge Solutions, adding to their in-house technical and development capabilities. "Teaming with MerchantOnLine opens new avenues of development that we have only dreamed about in the past. Our name will soon be synonymous with e-commerce in the very near future," states Chief Technology Officer, Jim Terhune Other gateway processors that have been acquired so far this year are: iCat by Chip processor Intel (Nasdaq:INTC), iMall by Excite (Nasdaq:ATHM), Billpoint by EBAY (Nasdaq:EBAY), Authorize.Net by Go2Net (Nasdaq:GNET), and Econex by Nova Corp. (NYSE:NIS). MerchantOnline.com created a buzz in e-commerce circles earlier this month when it unveiled its newest product, MOLpay(tm), which enables consumers for the first time to make online purchases with their ATM/debit cards. The software and card-swipe device that plugs into a user's keyboard, opens the world of e-commerce to the estimated 40 million U.S. consumers who do not use credit cards. With MOLpay, customer account numbers are secure with magnetic encryption, and merchants' transaction fees are substantially reduced. Founded in 1997, MerchantOnline.com, Inc. is a leader in providing a one-stop solution for merchants who want to set up and maintain a store to sell merchandise on the Internet-the world's fastest growing marketplace. MerchantOnline.com offers merchants reliable, safe and cutting-edge eCommerce solutions-from simple-to-use shopping cart software applications to real-time credit card processing. 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. For more information, please visit our website at www.MerchantOnline.com. --30--pp/mi* CONTACT: Fitzgerald Productions, Inc., Coral Springs, Fla. News Media Contacts: Elaine Fitzgerald or John Massey 954/345-5342 or Investor Relations: Excel Financial Services Attn: Kevin Spencer, 561/997-5828

To: Francois Goelo who wrote (125)	11/1/1999 10:16:00 PM
From: Francois Goelo	Respond to of 147

MRTO: MerchantOnline.com Unveils Time-Saving, Secure RememberMe Billing; Latest Service Keeps Web Buying Convenient and Safe... BOCA RATON, Fla., Nov 1, 1999 (BUSINESS WIRE) -- Shopping online can be quicker and more secure with the newest technology available for e-commerce merchants. MerchantOnline.com Inc. (OTCBB:MRTO), a leader in providing one-stop solutions for merchants who set up shop in the Internet, announced today the release of its time-saving RememberMe Billing service, which will slash the amount of time consumers spend making purchases on the Internet. RememberMe Billing offers more features and security than some similar services, and is available at no extra cost to all merchants serviced by MerchantOnline.com. With RememberMe Billing, consumers shopping on any website serviced by MerchantOnline.com need only to enter their billing and shipping information once with their first purchase. After that, the information is stored on a "cookie," and pop-up order forms for all other purchases automatically are filled in with the customer's addresses and phone numbers. "RememberMe Billing saves our clients' customers the often lengthy process of typing in the same data on every purchase," said Tarek Kirschen, MerchantOnline.com President and CEO. The system also allows customers to change their information at any time. The only information customers will have to add for each purchase is their credit card number and expiration date. "Our product offers more security than other similar services on the market," said Kirschen. "Those systems not only store billing and shipping information, but they also require consumers to store a credit card number and expiration date on their computers. This can cause problems if the wrong person finds that information stored on your desktop computer." Also unlike other services, RememberMe Billing allows consumers to make purchases with a variety of credit cards, and does not limit them to just one. Companies with similar services on the market include Amazon (Nasdaq: AMZN), American Express (NYSE: AXP), America Online (NYSE: AOL), Cybercash (Nasdaq: CYCH), Ebay (Nasdaq: EBAY), Go2Net (Nasdaq: GNET), iMALL (Nasdaq: IMAL), Microsoft (Nasdaq: MSFT), and Yahoo (Nasdaq: YHOO). Founded in December 1997, MerchantOnline.com provides businesses with real-time credit card processing, shopping cart services, online checking transactions and secure hosting services at prices unmatched 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 to the Securities and Exchange Commission. For more information, visit www.MerchantOnline.com. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Fitzgerald Productions, Inc., Coral Springs, Fla. Elaine Fitzgerald or John Massey 954/345-5342 or Investor Relations: Excel Financial Services Attn: Kevin Spencer, 561/997-5828