To: jjs_ynot who wrote (2163 ) 1/14/1999 10:55:00 AM From: James Sinclair Respond to of 2882
HCOM announces internet banking deal with credit unions: ATLANTA--(BUSINESS WIRE)-- Jan. 14, 1999--HomeCom Communications, Inc. (NASDAQ SmallCap: HCOM), a provider of Internet software solutions for the financial industry, announced today that a letter of intent has been signed with Total/1 to build an exclusive real-time version of HomeCom's Personal Internet Banker((PIB) for Total/1's customers. HomeCom will provide a customized version of Personal Internet Banker as well as development and hosting services. Total/1 will make HomeCom's Personal Internet Banker available to the 48 credit unions that utilize its data processing services. Development has begun, and is expected to be completed by mid-March, with deployment for the individual credit unions to begin early in the second quarter. According to Marc Lafitte, president of Total/1, "We chose HomeCom as our Internet banking provider because of the full feature and function of its products. We wanted a product which was fully Microsoft OFX compliant and would integrate seamlessly with our open system architecture. HomeCom's suite of Internet products and services for credit unions combined with our advanced data processing solution, will provide our credit unions with the tools they need to compete in today's marketplace." Brian Thiesen, HomeCom's national sales director, said, "We are very excited to have the opportunity to customize our Personal Internet Banking system for T/1's customers. Our goal is to help T/1 and its customers be more competitive in the marketplace by utilizing Internet technology. All current and future T/1 customers will now have a fully functional, OFX compliant, Internet banking solution that will not only help them retain existing members, but attract new ones as well. I personally look forward to working with all 48 credit unions very soon." Blake Allen, vice president of Banking Services for HomeCom, said, "Total/1 recognizes the impact that the Internet is having on the way that credit unions provide products and services to their members and the benefits of completely utilizing the Internet as a delivery channel. Our partnership with Total/1 and the rollout of our Internet banking product is the first of several steps that we will take in assisting their customers become more competitive and offer the quality of service that their members have come to expect. Total/1 has always been committed to providing exceptional products and services to its customers and HomeCom is very excited to be a part of their long-term strategic initiatives." Total/1, headquartered in Houston, Texas, provides data processing services for 48 credit unions throughout Texas. For additional information, contact Marc Lafitte, president, (713) 526-2111. Financial Industry Technology From HomeCom In addition to custom Web development, HomeCom offers several products designed for e-commerce in the financial services industry. HomeCom's Personal Internet Banker is a Windows(R) NT-based, full-service financial center that provides consumers core account activities in a fully secure, Y2K-compatible online environment. The Personal Internet Banker can integrate with a bank's private network to update host systems with accounting and customer data. It also integrates with the consumer's personal financial systems, Quicken(TM) and Microsoft Money(TM), to synchronize the records. HomeCom's Harvey(TM) One to One Marketing product enables financial institutions to anticipate the needs and interests of its customers and target premium products to online customers. Implemented on a financial institution's Web site, Harvey can dynamically alter the information presented to an online customer, based on that customer's profile. Customizable rules enable the financial institution to control the criteria for one-to-one marketing decisions. About HomeCom HomeCom Communications, Inc. is a publicly-held corporation specializing in Internet application solutions for the financial services market. HomeCom provides all of the professional services and technology necessary to develop an online marketplace for a financial institution and integrate this medium into the institution's business operations. Founded in 1994, the company is headquartered in Atlanta, GA and has offices in New York and in Washington, where its Internet Security Services Division is located. In May 1998, HomeCom was selected by Internet Computing magazine as one of the Top 20 Internet consulting firms in the country. For additional information about this announcement or about HomeCom, call Brian Thiesen at 404-237-4646 ext. 117 or visit the company's website at www.homecom.com For investor relations call 1-888-HOMECOM ext. 122