To: Stock Watcher who wrote (19420 ) 11/19/1999 12:56:00 PM From: Francois Goelo Read Replies (1) | Respond to of 52051
S.W, MRTO... MerchantOnline.com Offers Clients Free Internet Access; E-Commerce Businesses Relieved of Monthly Dial-Up Fees... BOCA RATON, Fla.--(BUSINESS WIRE)--Nov. 19, 1999-- MerchantOnline.com Inc. (OTCBB:MRTO), a leader in providing one-stop solutions for merchants who set up shop in the Internet, announced today that beginning in December it is offering free Internet access to business customers nationwide. "As merchants venture into the e-commerce arena, many are wary of the technology and the costs of doing business online," said Tarek Kirschen, MerchantOnline.com's president and CEO. "We see free Internet dial-up service as a key to bringing new businesses onto the Internet, and we are confident we will reach future clients this way." "We will exploit the convergence of Internet services, to the mutual benefit of Internet users and MerchantOnline," explains Angel Rodriguez, VP of Operations. "The service will be free, with no obligation of any kind to our potential customers. From the well of dial-up users new net entrepreneurs will naturally emerge, and we will be ready to provide the collateral services to turn them into successful Internet business partners. We anticipate in excess of 5,000 users signing up in December." Internet dial-up service is sold by several industry leaders, including America Online (Nasdaq:AOL), Mindspring (Nasdaq:MSPG), BellSouth (NYSE:BLS), Microsoft (Nasdaq:MSFT) and Prodigy (Nasdaq:PRGY). The average monthly dial-up price for these dial-up services is $19.95. Founded in December 1997, MerchantOnline.com is a global leader in providing a one-stop solution for merchants who want to set up and maintain a store on the Internet -- the world's fastest growing marketplace. 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. MerchantOnline.com's most recent product, MOLpay(TM), is a revolutionary software and hardware package that, for the first time, enables consumers to pay for goods online with their ATM and debit cards. 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. --30--jd/mi* CONTACT: News Media Contacts: MerchantOnline.com, Boca Raton Elaine Fitzgerald or John Massey, 954/345-5342 or Investor Relations: Kevin Spencer, 561/997-5828