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HomeCom Rolls Out Internet Banking for Colony Bank
March 2, 1999
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ATLANTA--(BUSINESS WIRE)--
Personal Internet Banker(tm), based on Microsoft's Internet
Finance Server Toolkit(tm) (MIFST) goes live
HomeCom Communications, Inc. (NASDAQ SmallCap: HCOM), a provider of Internet software solutions for the financial industry, announced today that Colony Bank has gone live with the first components of HomeCom's financial suite of products.
Colony Bank is the first of the six-member Colony Bankcorp, Inc. (NASDAQ: CBAN) to roll out Personal Internet Banker(TM) (PIB) and Harvey(TM) One-to-One Marketing, to provide Internet banking services. In keeping with Colony Bank's focus on personalized service, PIB will provide convenience for its customers, especially the extended client base, with 24x7 transfers, balance inquiries, bill payment, and other traditional banking activities. The additional members of the six-bank group are on schedule to implement PIB and Harvey.
HomeCom also provided Colony Bank with Web design, development and hosting services. HomeCom's world-class Internet Security Services Division conducted security services for Colony's product implementation. To round out its financial solution, Colony Bank has an option to implement HomeCom's insurance marketplace, InsureRate(tm) and its brokerage offering.
Paul W. Williams, executive vice president of Colony Bankcorp, Inc., said, "Our objective is to allow each of our banks complete decision-making autonomy, while providing them with state-of-the-art technology to meet their customers' needs. We may serve small and mid-sized communities, but our technology will take a backseat to no one. Our relationship with HomeCom is an ideal tool with which to accomplish our objective."
According to Blake Allen, HomeCom's VP of Banking Services, "Colony Bank is a leader in technology and personal banking. By offering a fully functional Internet banking service, Colony is now able to provide customers with a means to manage all their financial needs. I believe that Colony Bank is positioned to accommodate local as well as non-geographic customers with superior Internet services. We are pleased to see the first bank of the Colony Bankcorp family implement its 'cyberbranch', and take the step toward future growth in the computer savvy market."
About Colony Bank
Colony Bankcorp, Inc. is a bank holding company serving a nine county area in south central Georgia. The banks of Colony Bankcorp, Inc. serve there customers through a network of fifteen banking offices in Ashburn, Broxton, Chester, Cordele, Douglas, Eastman, Fitzgerald, Leesburg, Pitts, Rochelle, Sylvester and Tifton. Consolidated assets at December 31, 1998 totaled over $380 million. For more information, contact Paul Williams at 912-426-6009 or by e-mail at paulw@surfsouth.com or visit its Web site at www.colonybank.com.
About HomeCom
HomeCom Communications, Inc. specializes in Internet application solutions for the financial services market, including the professional services and technology necessary to develop an electronic delivery channel, and to integrate this medium into the institution's business operations. HomeCom's integrated Web-enabled solutions for one-stop financial services include a complete range of products and services such as secure banking services, fee-income producing insurance and brokerage products, and intelligent one-to-one marketing. In addition, HomeCom offers custom Web development and hosting services. HomeCom's Internet Security Services Division wraps HomeCom's products and services in a tight security blanket.
HomeCom's Personal Internet Banker(TM)(PIB) is a Windows(R) NT-based, full-service financial center providing consumers with account activities in a fully secure and Y2K-compatible online environment. PIB 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(R) and Microsoft Money(R)) to synchronize the records.
HomeCom's one-to-one marketing product, Harvey(TM), 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.
InsureRate(TM), HomeCom's comprehensive insurance market site, allows consumers direct access to a superstore of insurance products and services, including product information and completely confidential quotes.
Founded in 1994, the company is headquartered in Atlanta and has offices in New York and in Washington, where its Internet Security Services Division is located. In May 1998, HomeCom was selected by ZD Internet Magazine as one of the Top 20 Internet consulting firms in the country.
For more information about this announcement or HomeCom, call Carolyn Hall at (888) HOMECOM ext. 186 or visit the company's Web site at www.homecom.com. For investor relations call (888) HOMECOM ext. 122 or IR@homecom.com.
Certain of these statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The company notes that a variety of factors could cause the company's actual results and experience to differ materially from those expressed in these forward-looking statements.
<<Business Wire, 03-01-99, 07:33 Eastern>>
CONTACT: HomeCom Communications | Carolyn Hall | 888-HOMECOM, ext. 186 | chall@homecom.com | or | Blake Allen | 888-HOMECOM, ext. 103 | ballen@homecom.com | or | HomeCom Communications Investor Relations | Dresner Corporate Services | Spencer Maus | 312/726-3200 | smaus@dresnerco.com | or | For HomeCom | Catherine Laws | 404/264-7206 | catherine@williammills.com
[Copyright 1999, Business Wire] |
