To: Denis who wrote (46 ) 4/27/1998 10:55:00 AM From: Denis Read Replies (2) | Respond to of 1341
mmmmmm... I'd say this as got to be good. One agreement with Compaq and one with Microsoft. MPACT IMMEDIA SELECTED BY MICROSOFT TO PROVIDE PAYMENT GATEWAY FOR NEW SITE SERVER 3.0 COMMERCE EDITION 1998-04-27 MONTREAL, QUEBEC BuyWay plays key role in major Internet Commerce initiative MPACT Immedia today announced it is providing payment-processing services for the Microsoft(R) Site Server 3.0 Commerce Edition, the highly anticipated new member of the BackOffice family. Market studies indicate that the value of e-commerce on the Internet will hit $325 billion by the year 2002 and many experts believe that the introduction of Microsoft's new server systems will be a breakthrough to simple and cost-effective Internet purchasing. These Internet Commerce servers can automate corporate purchasing and supply chain management on Intranets as well as facilitate online storefronts for merchants selling goods on the Internet. "MPACT Immedia's solution is very compelling for companies that need to offer their customers a simple, complete, online payment solution," said Russell Stockdale, Group Product Manager, Applications Group, Microsoft Corp. By providing a payment processing gateway that supports the Site Server 3.0 Commerce Edition, MPACT Immedia's BuyWay(TM) can accept credit cards from any purchaser at any location in the world and provide settlement with almost all North American banks. The solution uses industry-standard security software which supports popular Internet browsers. It will also incorporate future security standards, including the new Secure Electronic Transaction (SET) protocol currently being sponsored by MasterCard and Visa International. "The combination of the Microsoft Site Server 3.0 Commerce Edition with MPACT Immedia's BuyWay payment service will be the key that unlocks the door to exponential growth in Internet purchasing," said Brian Edwards, President and CEO of MPACT Immedia. The Microsoft Site Server 3.0 Commerce Edition is the comprehensive Internet server for conducting business online. It enables large and medium-sized businesses to build cost-effective e-commerce sites. Companies gain time-to-market and reduced development costs through integrated features to engage customers and partners, transact securely and reliably, and analyze online business. The Site Server 3.0 Commerce Edition enables companies to easily expand their online business to automate corporate purchasing and supply chain management as well as online storefronts with both business-to-business and business-to-consumer capabilities. MPACT Immedia Corporation, a worldwide leader in Electronic Commerce, offers both EDI Commerce and Internet Commerce products and services through its offices in Montreal, Livonia (Michigan), and Toronto. By marketing with strategic partners, MPACT Immedia has developed a client list of many of the Fortune 1000 companies, including such global players as Bell Atlantic, Bank of America, Citibank, Mercedes-Benz and British Aerospace. Its advanced technology e-commerce solutions enable organizations to better compete in the global marketplace. To learn more about the Company's products and services, visit the Internet website at www.mpactimmedia.com. For more information on this press release, please contact: Rory Olson Barry V. Engel Executive Vice President and Executive Vice President, Corporate COO Affairs (514) 397-9747 (ext. 277) (514) 397-9747 (ext. 202) Email: olson.rory@mpact.net Email: engel.barry@mpact.net John Davidson Director of Communications (514) 397-9747 (ext. 210) Email: davidson.john@mpact.net