Great News:
biz.yahoo.com
Modem Media Selects First Ecom.com To Deliver Electronic Payment Processing
To Global Client Base
Best-in-class partnership to help drive e-commerce
HONG KONG--(BUSINESS WIRE)--Feb. 23, 2000--First Ecom.com (NASD OTC BB: FECC), a global provider of electronic payment processing, and Modem Media (Hong
Kong) (NASDAQ: MMPT - news), the exclusive builder and marketer of customer-focused Me-business(SM) services, today announced that First Ecom.com will join Modem
Media's Me-business solution offering.
Modem Media offers international clients best-in-class Internet technology, complemented by strategic marketing communications, research and consulting, digital creative,
production expertise, and program tracking and measurement. Modem Media can now add value and offer its extensive client base e-commerce technology through First
Ecom.com's payment gateway, a secure, low cost solution for e-payment services. Modem Media's client base in Hong Kong includes large multi-national corporations such as
Intel, AT&T, IBM, Citibank and General Electric.
``We are delighted to announce this agreement with Modem Media to help further e-commerce and e-business growth,' said Gregory Pek, president and CEO of First Ecom.com.
``Modem Media knows the importance developing a total understanding of customers and their needs, and with First Ecom, they can now better serve a worldwide client base by
providing a secure, easy-to-implement and low cost electronic transaction capability.'
``Modem Media's clients can now leverage First Ecom.com's real time, multi-currency payment processing payment gateway,' said Eve Chu, Modem Media managing director for
Hong Kong. ``This partnership reinforces Modem Media's Me-business commitment to providing the best e-commerce solution for our clients by combining creative and strategic
Me-business thinking with First Ecom.com's state-of-the-art technology. '
About Modem Media
Modem Media (www.modemmedia.com) is the exclusive builder and marketer of Me-business solutions, a customer-focused approach to Internet business. Driven by customer
needs, Modem Media identifies Me-business opportunities, and utilizes its conceptual, technological and marketing expertise to build, distribute and manage unique Me-business
solutions for global companies and Internet ventures.
Headquartered in Norwalk, Connecticut, Modem Media's expanding global presence includes offices in New York City, San Francisco, Toronto, London, Paris, Munich, Tokyo,
Hong Kong, Singapore, and an affiliate office in Sao Paolo. With more than 700 professionals worldwide, Modem Media has created customer-focused Internet solutions for
global brands such as 3M, Citibank, Intel, Delta Air Lines, E*Trade, General Electric, IBM, Sony Computer Entertainment of America and Unilever.
About First Ecom.com
As a global provider of electronic payment processing, First Ecom.com provides secure, easy-to-implement and low-cost online payment processing services to merchants and
banks worldwide. Through strategic partnerships with banks, ISPs, e-commerce product suppliers, system integrators and storefront solution providers, First Ecom.com will
process credit card transactions made over the Internet in multiple currencies, either domestically or offshore in a tax-neutral jurisdiction.
For more information, visit firstecom.com or contact First Ecom.com at +(852) 2801-5181 or by e-mail at merchant@firstecom.com.
Contact:
First Ecom.com
Investor Relations, 888/305-8233
or
Davis.Comm, Inc. (for First Ecom.com)
Jeff Davis or Kevin Manniko, 415/837-3939
jdavis@daviscomm.com
kmanniko@daviscomm.com |
