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Microcap & Penny Stocks : INTA - Intasys Corp.- Dynamic Growth -- Ignore unavailable to you. Want to Upgrade?

To: R. Bond who wrote (157)	3/29/1999 9:10:00 AM
From: Joe-MA	Read Replies (1) \| Respond to of 378

NEWS TODAY NEW INTASYS SUBSIDIARY TO OFFER E-COMMERCE SOFTWARE Business Editors TORONTO--(BUSINESS WIRE)--March 29, 1999--Intasys Corporation (NASDAQ:INTAF) Stephen J. Roth, Chairman and Chief Executive Officer of Intasys Corporation ("the Company"), announced that the Company will shortly commence the marketing of comprehensive, flexible computer systems that will enhance the ability of a wide range of corporate clients to conduct business over the Internet. The Company is in the process of forming a subsidiary, Intasys Electronic Systems, Inc. ("IES"), that will build on the Company's expertise in developing billing and customer care software solutions that have proven to be mission-critical competitive tools for multi-service providers in the telecommunications and utilities industries. Among the distinguishing features of the Intasys billing system is the Company's propriety rating engine, based on user-defined units, that the Company believes is unique in North America. The Intasys rating engine is not industry-specific and is capable of computing usage charges for all types of goods and/or services. Philip Davis, President, commented: "Our new Intasys subsidiary, IES, will market software systems that are adaptable to almost any business world-wide engaging in e-commerce transactions. We already operate successfully in one of the most transaction-intensive industries, telecommunications, by supplying our clients with cost-effective and functional information solutions. This new family of products and services will apply our advanced telecommunications technology to other industries." Mr. Roth added: "For Intasys, it is part of a natural evolution to make available to other kinds of businesses our software solutions that assist in a broad range of corporate functions - from customer activation to usage-based billing to accounts receivable management. We believe that Intasys has developed the most advanced customer care and billing systems for the telecommunications and utilities industries. The superior qualities of those systems will be incorporated in the Company's new e-commerce software endeavors." Intasys Electronic Systems, Inc. will provide business with complete turnkey electronic solutions including business-to-business systems, business-to-consumer systems and web site design. The IES software will be offered in a modular format so that clients may choose to purchase those parts of the software systems that meet their particular needs. Initially, IES will offer the following modules: online customer service, call center / telemarketing including lead tracking and automated upselling, on-line order entry, on-line payment processing, an automated order processing module that will include inventory control and supply chain management, a flexible billing module, and automated fulfillment and shipping. The fulfillment and shipping module will include order tracking and a bar coding interface. The system will integrate with most accounting packages. Intasys Electronic Systems, Inc. has already commenced working with its first major client in the United States. On behalf of this client, IES is scheduled to implement a solution in July 1999 which will include the design and development of two web sites, integration of multiple remote sales forces into the system, a complete telemarketing system, and full inventory control, order processing and fulfillment.