To: Anthony@Pacific who wrote (5783 ) 3/10/2000 3:49:00 PM From: Chuck Rubin Read Replies (1) | Respond to of 18222
ANTHONY DAMN IT!! CALL YOURSELF AND INVESTIGATOR, LOOK AT THIS NEW RELEASE: IDIG) eConnect and Pilot Island Establish Unique PalmPilot LicensingArrangement to Use PALM VII Platform in a First-Ever Wireless Internet TerminalLink to PalmPilot Fri Mar 03 05:15:00 EST 2000 WINTER GARDEN, Fla., Mar 3, 2000 (BUSINESS WIRE) -- Will Use PalmPilot(TM) Proxy Servers to Receive Incoming PocketPay(TM) Internet Credit/Debit Transactions Pilot Island Publishing, a wholly owned subsidiary of International Digital Holding (OTCBB:IDIG), and its PocketPay Joint Venture partner, eConnect (OTCBB:ECNC), have structured a licensing arrangement with PalmPilot to enable first-ever wireless hand-held Internet terminal transactions. The PocketPay, which will be a hand-held combination Palm VII, phone and bank card Internet terminal, will send encrypted ATM card with PIN or credit card data to the Palm VII proxy server center, which in turn will then send on the data to the eConnect/RGTecq Linux Transaction server, which in turn will pass on the transaction to the eConnect Host systems for bank card authorization. Initial services will be eConnect2Trade, whereby a mobile consumer will be able to open an Instant Cash Trading Account with an ATM card with PIN Internet cash payment originating from the PocketPay. PocketPay prototype testing will commence in the third quarter of this year. Profits are generated through merchant transaction fees, and business-to-business applications are substantial. Explosive growth and rapid acceptance of the Palm series of hand-held computers bodes well for innovators exploiting this new technology. Globally placed eConnect Host centers, beginning with the United States, Hong Kong, Austrialia, Ireland and the Dominican Republic, will drive the PocketPay transactions. Pilot Island Publishing is an industry leader in developing software products and accessories for the Palm-Top computing market. Products are sold through major computer retailers worldwide as well as the Internet. Pilot Island's parent company, International Digital Holding Inc., based in Winter Garden, functions as a holding company, specializing in cutting-edge Internet, software and telecommunications subsidiaries. eConnect is the leader in development of global Internet ATM card and PIN cash payment transactions. The eConnect system consists of the eCashPad, the eConnect/RGTecq Linux Transaction server and the eConnect bank hosts, which are being established on a global basis beginning with the Dominican Republic, Ireland, Hong Kong and Australia. Safe Harbor: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved.