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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (80419)	5/4/1999 6:10:00 PM
From: Process Boy	Respond to of 186894

Amy J and Intel Investors - Intel's iCAT division teams with VISA for e-commerce Provider Program intel.com ================================================================== External Press Release Intel's iCat Division Teams With Visa For New E-Commerce Provider Program SEATTLE, Wash., May 3, 1999 -- iCat, a division of Intel Corporation, today announced the iCat E-commerce Provider Program, which helps companies build branded online stores without having to develop, design, administer or host their own solutions. Through this program participating companies can offer E-commerce capabilities to their own customer bases of small- to mid-sized businesses. iCat's E-commerce Provider Program also offers the benefits of the Visa Purchasing Card to provide merchants with an automated payment process. The program is aimed at financial institutions, telecommunication companies, ISPs and business-focused Internet sites that already serve as Internet "portals" for their small- to mid-sized business customers, and would like to also offer their customers the value and convenience of an integrated E-commerce capability. "The iCat E-Commerce Provider program allows companies to immediately establish presences as providers of E-commerce solutions for their own business customers without having to shoulder the substantial cost of development," said Doug Schulze, general manager of the iCat division of Intel. "This lets Provider companies participate in the booming Internet economy while providing more value to their customers and promoting their brand name -- all through a simple program that streamlines the entire process." Intel's iCat division provides the hardware, software, communications and services required to host and serve the Internet stores established through the iCat E-Commerce Provider Program. This allows a provider to focus on marketing the service to its customer base. The Visa Purchasing Card provide merchants with a solution to automate the payment process while helping to reduce transaction expenses and improve cash flow. "Our involvement in the iCat E-commerce Provider Program will expand Visa Purchasing Card acceptance to small- to medium-sized businesses," said Ryan Ross, vice president, New & Emerging Markets, Visa U.S.A. "The Visa Purchasing Card will offer customers of merchants accepting the card the added value of enhanced transaction information when making online purchases." Merchants who build online stores through a participating iCat Provider will have the option to access the same marketing services and support a merchant would receive by building a store directly through the existing iCat Commerce Online service. These include assistance in establishing a merchant account and online real-time payment processing, as well as securing space in the iCat Mall. Merchants also have the ability to register their stores with Internet search engines, creating their own unique addresses and monitoring their site position on leading search engines. iCat's services also enable merchants to advertise through banner ads, and send direct e-mails to their customers and prospect lists as well. The iCat E-commerce Provider Program is the first new service offering from iCat since it became a division of Intel in February. About iCat iCat, based in Seattle, was founded in 1993 and provides small- and mid-sized businesses worldwide with the information, technology, marketing services and personalized support they need to sell products online and be successful in E-commerce. In addition to the iCat E-commerce Provider Program, iCat offers an Affiliate Program that allows revenue sharing with Web sites that refer customers to iCat. In February 1999, iCat became a division of Intel. For more information, or to build an online store, visit the iCat Web Site at www.icat.com. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom