Kim .. CBQI just announed a deal with Signio ... who is owned by IBM, Intoti (Quick Books) and Norwest bank.
CBQ, Inc., The E-Business Marketplace to Power PriorityCASH With Signio
Internet Payment Platform
Business Editors
DALLAS--(BUSINESS WIRE)--Oct. 26, 1999--CBQ, Inc. (OTC BB:CBQI),
The E-Business Marketplace and Signio, a leading provider of
e-commerce payment services, today announced a strategic reseller
partnership and the integration of Signio's Internet Payment Platform
into CBQ, Inc.'s PriorityCASH(TM) E-Business Payment Service.
Today's announcement enables CBQ to provide a broad range of
Internet-enabled electronic payment services to its customers. The
combining of PriorityCASH customer driven interface with Signio's
Internet payment processing platform instantly brings enhanced
capabilities, a reliable payment platform and increased efficiencies
to customers of The E-Business Marketplace.
Signio offers integrated payment services for real time credit
card authorization, debit card, purchase cards, and pay-by-check
services guaranteed by Telechek(TM) for a flat monthly fee. Automated
Clearinghouse (ACH) transactions and fraud detection are also
available through the Signio platform. Integrating the Signio payment
platform also allows CBQ to offer its customers processing services
for over nine currencies and provide for International credit card
processing.
"With the easiest to deploy payment service in the marketplace,
Signio gave CBQ the ability to move from the CyberCash platform and,
in one day integrate their highly reliable platform with our own
PriorityCASH system. This upgrade to Signio clearly establishes a
solid foundation for our E-Business Service to grow from," stated John
Harris, CEO of CBQ, Inc.
Said Philippe Courtot, Signio CEO and chairman, "We are extremely
pleased the company has chosen to integrate our payment platform into
PriorityCASH, and make it even easier for businesses to leverage the
power of the Internet with a fully functional a e-commerce web site."
About Signio
Signio, Inc., (formerly known as PaymentNet) is committed to
bringing simplicity and excellence to Internet payment processing and
help businesses profit from the rapidly expanding e-commerce market.
With its flat fee monthly pricing model and growing menu of services,
Signio brings affordability and convenience to the process of selling
online.
Signio provides seamless connectivity across the Internet from
e-commerce applications to all major back-end payment processors and
quickly enables companies to authorize, process, and manage multiple
payment types, multi-currency options and different payment schemes.
Signio has a growing list of impressive customers, with such notables
as CBS Sportsline, C/NET Store.com, Furniture.com, Network Solutions,
Inc., Prime Sports Interactive, wine.com, and WebMD. Signio is
headquartered in Redwood Shores, Calif. For more information about
Signio, visit signio.com.
About CBQ, Inc.
CBQ, Inc. The E-Business Marketplace, is a total end-to-end
provider for implementing customer driven e-business solutions.
Through its subsidiaries, Cyberquest, Inc., Reliance Technologies,
Inc. and Priority One Electronic Commerce Corp it can design,
implement, host, build traffic and process payments for its customers
e-business initiatives.
This news release includes forward-looking statements related to
CBQ Inc. that involve risks and uncertainties, including, but not
limited to, quarterly fluctuations in results, the management of
growth, market acceptance of certain products and other risks. These
forward-looking statements are made in reliance on the "safe-harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
For further information about these factors that could affect CBQ's
future results, see the company's filings with the Securities and
Exchange Commission (the "Commission"). Prospective investors are
cautioned that forward-looking statements are not guarantees of future
performance. Actual results may differ materially from management
expectations.
For more information about CBQ Inc., The E-Business Marketplace,
visit: www.cbq.com or contact Investor Relations at 972/732-1100.
--30--lr/da*
CONTACT: CBQ Inc., Dallas
John Harris, 972/732-1100
investors@cbq.com
or
Signio, Inc., Redwood Shores
Amy Kavanaugh, 650/622-2236
Akavanaugh@signio.com |
