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To: CIMA who wrote (81398)	3/7/2001 1:09:33 PM
From: Jim Bishop	Respond to of 150070

VIAP ViaPay Partners with Oasis Technology LONDON, Mar 2001 (BUSINESS WIRE) -- ViaPay Limited (OTCBB:VIAP) - announced today a strategic partnership with Oasis Technology, a leading provider of m-commerce, Internet and real-world e-payment software products, to jointly develop network system platforms and marketing initiatives for the rapidly expanding e-payment market. The strategic partnership with Oasis provides ViaPay with access to more than 300 international banks representing an exceptional opportunity to accelerate the global roll-out of ViaPay's payment mechanism and vertical applications. The agreement also aims to spur a number of bilateral initiatives, including shared technology platforms and marketing efforts, in order to enhance revenue growth. Tony Horrell, President and CEO, ViaPay, commented: "We are delighted to be working with Oasis Technology and believe very strongly in the ability of this partnership to drive our businesses forward through the generation of immediate revenue. Furthermore, an alliance with the largest provider of open payment systems worldwide constitutes a significant endorsement of ViaPay's business model." Ashraf Dimitri, President and CEO, Oasis Technology, commented: "As a leading provider of payment technology for more than 10 years, Oasis is ideally placed to partner with ViaPay's experienced team. We share ViaPay's vision of banks capitalizing on their roles as trusted brokers, bringing buyers and sellers together through electronic marketplaces." Oasis Technology Ltd. delivers leading mCommerce, Internet and real-world ePayment software products to banks, retailers, and processors in more than 70 countries worldwide. Today, Internet payment systems powered by Oasis software currently process more than five billion transactions annually. Oasis' international client base includes ABN Amro, American Express, The Bank of Montreal, Citibank, Credicard/Redecard Brazil, Diners, Europay, Golden Card (China), MasterCard and Visa International. With corporate headquarters located in Toronto, Canada, Oasis Technology also operates offices in California, England, France, Florida, Malaysia and United Arab Emirates, and supports an extensive network of international partners and sales representatives. ViaPay's proposition encompasses the first end-to-end, multi-channel payment and fulfillment framework. Specifically, it stands to reposition banks as the key financial intermediaries and empower them to generate revenues from e-commerce, m-commerce and t-commerce (digital television). ViaPay's total electronic channel solution incorporates a multi-account payment service which interfaces directly with the banks' own systems through a global, secure virtual private network architecture. By revolutionizing the way e-commerce currently operates, ViaPay will allow banks and merchants to conduct global business in a secure and convenient manner, at a lower cost than available alternatives. ViaPay's proposition gives participating banks the ability to offer their retail customers a sophisticated online shopping experience in their own currency and language, from payment through to delivery. This press release contains statements of a forward-looking nature relating to future events or future financial results of ViaPay. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider various factors, which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in ViaPay reports and documents filed from time to time with the Securities and Exchange Commission. ViaPay disclaims any duty to update the material contained in this press release. CONTACT: ViaPay Ltd. Hans Turitz E-mail:hans.turitz@viapay.com Tel: 44-208-757-5800 or E-mail: ir@viapay.com or Tel: 888-656-2683 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. -0- KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET SOFTWARE TELECOMMUNICATIONS * end of story *