To: Jay Lyons who wrote (6102 ) 1/12/1999 12:06:00 PM From: Susan Saline Read Replies (1) | Respond to of 43080
DCTI I'm in at 7 3/4 thanks jay for alert Tuesday January 12, 11:42 am Eastern Time Company Press Release SOURCE: Digital Courier Technologies, Inc. WeatherLabs Provides Services to American Express Interactive SAN FRANCISCO, Jan. 12 /PRNewswire/ -- Digital Courier Technologies, Inc. (Nasdaq: DCTI - news) announced today that it has licensed its WeatherLabs service to American Express Travel Related Services Company, Inc. The weather services are available to American Express Corporate Services customers who subscribe to AXI Travel, the online corporate travel booking system. AXI Travel, which was launched in the first quarter of 1998, is already being used by employees of more than 170 US companies for making business travel reservations via the Internet within their company's specific travel policies. It is being marketed to corporate customers of American Express Travel, the largest travel agency in the US, with more than $17.4 billion in worldwide travel sales. AXI Travel users will now be able to access Web-based weather information provided by WeatherLabs in over 7,000 cities worldwide, while they are making their business travel reservations. Weather information includes detailed weather forecasts for the morning, afternoon, evening and overnight segments of the day, 5-day forecasts, weather maps, Doppler radar maps, and current weather conditions. ''Many of the Fortune 500 rely on American Express' AXI Travel for critical and timely travel information,'' stated Mike Higgins, Digital Courier's V.P. of Sales. ''Now these users will be able to check for forecasted airport delays or get the weather forecasts for destination cities all over the world '' Digital Courier Technologies Inc. supplies businesses and major web portals with sophisticated e-commerce, payment processing and content delivery software. The software is based on a powerful matrix of server-side Java software components. Its netClearing division offers sophisticated and secure credit card and payments processing services and technology on the Internet. Its current content offerings, which utilize the powerful e-commerce and content delivery software, include: WeatherLabs, a premier online weather information service (www.weatherlabs.com), VideosNow, (www.videosnow.com), and BooksNow (www.booksnow.com). Among Digital Courier's strategic partners utilizing the Company's software and/or services are major Internet companies such as America Online, Excite, Netscape, @Home and Preview Travel. American Express Corporate Services assists mid-sized and large companies in managing their business travel and purchasing expenses. It counts over 70% of Fortune 500 companies among its client base, providing them with business travel agency services, the Corporate Card and the Corporate Purchasing Card. It is a unit of American Express Travel Related Services Company, Inc., a wholly-owned subsidiary of the American Express Company -- a diversified worldwide travel and financial services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, network services, insurance and international banking. SOURCE: Digital Courier Technologies, Inc.