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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (937)	4/13/1998 6:57:00 PM
From: john shoemaker	Respond to of 3990

Is there going to be a connection? Take a look at TNSI. They reported earnings today. Take a look at their transaction counts. Below is an article, I know its old but they bought one of CYCH's Merchant Development partners in Switzerland, which Pronoma processes thru Wells Fargo, which is another CYCH partner. The following is a cut from CYCH homepage, notice Switzerland? The momentum created by CyberCash's global achievements in 1997 has positioned us for success in 1998. CyberCash is in discussions with various institutions in markets such as: Australia, Hong Kong, Italy, Spain, Switzerland and Taiwan. TRANSACTION NETWORK SERVICES, INC. ACQUIRES SWEDISH ELECTRONIC COMMERCE COMPANY Deal Establishes Scandinavian Subsidiary RESTON, Virginia, October 29, 1997.Transaction Network Services, Inc. (TNS) (NASDAQ:TNSI) announced today that it has acquired a majority interest in Pronoma Systems AB. Pronoma will now be known as Transaction Network Services (TNS) AB and will operate as a TNS subsidiary, headquartered in Stockholm, Sweden. Jens Claesson, president and CEO of Pronoma, will become president and CEO of TNS AB. "Our acquisition of Pronoma is an important step forward in our international expansion," commented TNS president and CEO John J. McDonnell, Jr. "Pronoma offers us an outstanding pool of transaction processing and software development talent that will greatly benefit us as we build a TNS network in Sweden. The company also has a strong presence and extensive client base in Scandinavia, which we'll fully leverage to expand our transaction transport services throughout those countries." As part of the acquisition, TNS will assume Pronoma's CashLink software, which facilitates secure electronic payments from either personal computers or merchant sites over the Internet. TNS will continue to develop CashLink for worldwide distribution, independently and as a merchant development partner with CyberCash (NASDAQ: CYCH). Does the above mean that TNSI will continue to utilize CYCH technology over there? If so, does this open the door for CYCH to process TNSI transactions elsewhere in the future? On TNSI web site, the slide show had a graph that shows their system as the backbone, a third party transaction processing center(Maybe CYCH?) and of course the customers credit card. TNSI and CYCH are almost neighbors, both in Reston, VA. TNSI processes a tremendous amount of transactions per quarter. Would be a great announcment for CYCH to sign these guys on. I am probably way out there on this one. Shoe

To: TLindt who wrote (937)	4/14/1998 7:41:00 AM
From: Dave Doriguzzi	Respond to of 3990

iCat Gives E-Commerce Software To Small Businesses (04/13/98; 7:18 p.m. ET) By Stuart Glascock, Computer Reseller News Internet commerce developer, iCat is offering a free e-commerce store with up to 10 items for any person or business that has something to sell. The store include a graphic user interface, a shopping cart, the ability to do searching and indexing, facilities for processing credit card payments, and the ability to calculate sales tax and shipping charges. The software is accessed via a browser and requires no installation at the merchant site. All that is needed is Web access to build and manage the store. The offering is part of a new campaign, unveiled Monday, to offer a low-cost method for small and midsize businesses to participate in e-commerce through a set of products and services called iCat Commerce Online. Pricing for larger stores varies. It starts at a 50-item store at just $49 per month and scales up to $299 for a store with up to $3,000 items. "Our goal with iCat Commerce Online is to make it possible for every business and individual to have a high-quality, full-featured store on the Web," Craig Danuloff, president and CEO of iCat, told reporters during a teleconference. The store-building component goes live at www.icat.com on Wednesday. The site also will include service offerings to get new Web merchants started, such as everything needed to register a site with search engines and information on how to buy banner ads and run online promotions. The company has a proven record of working with larger corporations such as Bloomingdale's, Volkswagen, and Coca-Cola, but it now wants to set its sights on the millions of small businesses that can benefit from the Web. Less than 1 percent of small business are selling on the Web today, according to Forrester Research, Cambridge, Mass. "I think we've created something revolutionary," Danuloff said. "The Web has the ability to level the playing field to sell in the world's marketplace, but right now the technology, complexity, and cost has prevented them from doing so. iCat Commerce Online is going to empower them." The company also unveiled several partners in the venture, including UPS, Cybercash, Netcentives, Submit it, DejaNews, C/Net, and WiseWire.