I-WEALTHVIEW CERTIFIED

Vancouver-based Fincentric announced that Microsoft has certified the i-Wealthview Banking system for Windows 2000 Datacenter Server. As the only core-banking platform currently Datacenter certified, i-Wealthview provides exceptionally high levels of availability, fault tolerance and transaction processing throughput. Along with its achievements in Advanced Server and Datacenter certification, Fincentric has also received Microsoft Gold Partner designation for its success in delivering Microsoft technologies through its award-winning wealth management software solutions to financial institutions around the world. Fincentric’s i-Wealthview Banking is a customer-centric front-to-back office banking system for financial institutions. It offers comprehensive applications for deposits, payments, and consumer lending with integration across multiple delivery channels, including, branch, ATM, telephone and Internet banking. i-Wealthview Banking features Customer Value Management capabilities that enable the institution to analyze the value of each member, formulate strategies to maximize their value, and improve retention levels of their membership.

LML 1Q/02

Vancouver-based LML Payment Systems reported that revenues for the quarter ending 3/31/02 were up 9.5% to $2.4 million. For the quarter there was a net loss of $567,579 compared to net loss of $2.5 million in the same year-ago quarter. LML is a financial payment processor providing check processing solutions including electronic check authorization, electronic check conversion and primary and secondary check collection including electronic check re-presentment to national, regional and local retailers. LML also provides selective routing of debit, credit and EBT transactions to third party processors and banks for
authorization and settlement.

SUREFIRE & SHOPRITE

Montreal-based SureFire Commerce has partnered with ShopSite, a developer of shopping cart software, to process transactions for ShopSite’s online
merchants. ShopSite offers shopping cart software to small and medium-sized businesses through hosting providers such as Bizland, Verio, Lexiconn,
YourHost and InterLand. The partnership enables ShopSite’s merchants to accept VISA, MasterCard, and electronic checks online. SureFire Commerce
processes credit cards payments for Internet, mail-order/telephone, and bill payment transactions, as well as processing checks online and by phone.

AEROPLAN PARTNERS

Air Canada’s Aeroplan frequent flyer program has added two partners. By the end of this year, Aeroplan members will be able to accumulate up to one Aeroplan Mile for every one dollar of purchases made at hardware retail outlets operating under Sodisco-Howden national banner PRO or under the Do-it, Ferplus and Bâtitout banners, as well as up to 10,000 Aeroplan Miles on purchases of residential VOXCOM security systems. More than six million members earn Aeroplan Miles toward reward travel to destinations served by Air Canada, its regional airline, Air Canada Jazz, and worldwide partner airlines comprising the Star Alliance network.

TORONTO MASTERCARD

The Toronto Entertainment District Association and MasterCard International have sealed a joint partnership to promote Toronto as a tourist destination. As part of the partnership, MasterCard becomes the
official credit card of the Entertainment District and will be featured prominently at member businesses and in district events. Located in the heart of downtown Toronto, the Toronto Entertainment District encompasses eight square blocks bordered by Queen Street West, York Street, the Gardiner Expressway/Lakeshore Blvd., and Spadina Avenue.

ALL ASIA PASS

MasterCard, Travelocity.ca, and Cathay Pacific have teamed to offer Canadian travellers a special discount on travel to Asia this summer. The All Asia Pass, which includes roundtrip Economy Class airfare between Toronto or Vancouver to Hong Kong and up to 21 consecutive days air travel to 16 Asian cities, is priced at CD$1,599 for Vancouver departures and CD$1,699 for Toronto departures. Travelocity.ca members using a MasterCard card to purchase The All Asia Pass will save an additional $200. The All Asia Pass is available for travel from July 22 to December 4.

DROPS DOT COM

Due to the changing perception of “dot.com” companies over the last year, shareholders of Toronto-based SLMsoft.com Inc. have approved a name change to SLMsoft Inc. The Company also announced a new CFO, Khurram Qureshi, and the appointment of two new board members Eddie Law and Dr. Doobay. SLMsoft provides real-time end-to-end e-banking solutions that include Internet banking, interactive voice recognition, debit and credit card issuing, automated teller machines and point-of-sale network management, retail branch management, and e-CRM enabling technology.

TIGER BONUS

As part of the new American Express Tiger Woods Credit Card program, cardholders were awarded 500 bonus Membership Rewards points in celebration of Tiger’s 2002 U.S. Open win. This is the first “Tiger Bonus” to be awarded under the credit card program which was launched in May. It is the world’s first credit card bearing Tiger’s name and image. AmEx is awarding a 500 bonus Membership Rewards
points each time Tiger wins one of the Major Championships.

OASIS CEO

Toronto-based Oasis Technology has named David Pasieka to the position of president and CEO. Pasieka replaces departing president, chief executive officer and co-founder Ashraf Dimitri, who has led Oasis since its inception in 1989. Pasieka brings more than 23 years of global operations, senior management and business development experience at several technology companies, including World Gaming PLC, AT&T Canada, MetroNet Communications Corporation, 724 Solutions Inc., and Bell Canada. Oasis also noted it expects to close a round of funding with an aggregate value of US$5.8 million this month.

DIRECT DEPOSIT

Montreal-based SureFire Commerce and Edmonton-based Intuit Canada have launched a direct deposit service for small and medium-sized businesses. QuickBooks 2002 Direct Deposit, powered by SureFire Commerce’s transaction processing engine, is available to all QuickBooks 2002 customers and allows approved businesses to begin automated payroll deposits within three business days from the date of application.
SureFire first began offering service to QuickBooks customers in December of 2000. The launch of QuickBooks Credit Card Service allowed small business owners to accept credit cards as payment from their own customers. The service was later extended to include Intuit customers who use Quicken Home & Business.