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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (479)	4/9/1998 7:43:00 AM
From: John Mav	Read Replies (1) \| Respond to of 2882

As far as ECHOnline it is operational and being used currently by merchants and ISP's, this release on ECHOlink is to a service used in conjunction w/ ECHOnline. re USPS trial From 10q United States Postal Service ("USPS") Pilot Program In November 1995, CBC was awarded a contract to design and build 575 Electronic Money Order Dispensers ("EMOD") for the USPS. The First Article Test of the EMOD system was approved in February 1997. In May 1997, 175 "Stand-Alone" EMOD units were deployed in the Dallas, Texas area. The Company has been informed by the USPS that it will review the pilot program in January, 1998 and decisions regarding further deployment after the pilot program will be made at that time. In management's opinion, the EMOD system will be found to be responsible for significant savings in time and money for the USPS due to the lower cost of money order issuance and management relating thereto, and the system's ability to electronically transfer daily accounting information to regional headquarters, lowering administrative and accounting costs accordingly. Other USPS issues remain concerning securing a printing company that can economically produce the desired EMOD form stock with the necessary security components. The Company has not been informed by the USPS of any further decisions regarding further deployment after the pilot program has completed. There are some indications made by USPS personnel that some number of units will be deployed to contract sites to provide the ability to electronically submit daily accounting information... In Jan the USPS asked for redevelopment of the printer and delayed deployment decisions for another 6 Months eg June... The USPS is paying for the additional development, which i believe is a good sign.