WU & Publix Sign

Western Union Financial Services, Inc., a subsidiary of First Data Corp., and Publix Super Markets, Inc., one of the nation’s top 10 supermarkets, announced they have signed a multi-year agreement to offer the Western Union Money Transfer service at the nearly 650 Publix locations throughout Alabama, Florida, Georgia and South Carolina. The addition of these locations significantly expands Western Union’s presence throughout the Southeastern United States.

![][1] The five-year agreement comes on the heels of a successful pilot program in 16 Publix store locations in Atlanta and Miami. Publix, which had not previously offered money transfer services, received excellent customer response to the pilot and will be rolling out the Western Union Money Transfer service at the rest of its locations over the next several months.

“Publix has always sought to provide our customers with a premier shopping experience. That means supplying products and services of the highest quality and value,” says Publix spokesperson Lee Brunson. “The positive response to our pilot program tells us that our customers find money transfer a significant added value and that Western Union is a name they know and trust.”

“The addition of Publix to the Western Union agent network will provide customers with even more convenient locations to conduct money transfers,” said Mike Yerington, president, Western Union North America. “This partnership is a definite win-win proposition. Western Union services have the proven ability to attract repeat customers, giving Publix an opportunity to increase store traffic, and the addition of nearly 650 premium locations will significantly grow our agent network in the Southeast.”

About Western Union

Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE: FDC), is a worldwide leader in consumer money transfer services. Consumers can quickly, safely and reliably transfer money at approximately 101,000 agent locations in more than 185 countries and territories using the Western Union and Orlandi Valuta money transfer networks. Famous for its pioneering telegraph service, the original Western Union dates back to 1851 and introduced electronic money transfer service in 1871. Western Union is celebrating its 150th anniversary in 2001. For more information, please visit the company’s Web site at [http://www.westernunion.com][2].

About First Data Corp.

Atlanta-based First Data Corp. is a global leader in electronic commerce and payment services. Serving more than two million merchant locations, more than 1,400 card issuers and millions of consumers, First Data makes it easier, faster and more secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company’s Web site at [http://www.firstdata.com][3].

About Publix Super Markets, Inc.

Publix is the largest employee-owned supermarket chain in the country, with 2000 sales of $14.6 billion. Currently Publix has 648 stores in Florida, Georgia, South Carolina and Alabama. It has been named one of America’s top 10 places to work in the book, “The 100 Best Companies to Work for in America,” as well as one of the top companies in Fortune’s recent list of best workplaces. For more information, please visit the company’s Web site at [http://www.Publix.com][4].

[1]: /graphic/publix/publix.gif
[2]: http://www.westernunion.com/
[3]: http://www.firstdata.com/
[4]: http://www.publix.com/


Bankrate Survival

The U.S. District Court of the Southern District of New York, Thursday, dismissed the shareholders class action suit against bankrate.com in its entirety with prejudice. The lawsuit was filed against the Company on March 28, 2000. FL-based Bankrate.com has been trying to reduce its cash burn rate as it seeks profitability. Last year, the online personal finance web site lost $12.4 million, cut staff, and pulled the plug on its previous acquisitions. The company also changed its name and stock symbol to bolster investor interest. This year, the Web site lost its NASDAQ listing and now trades on the OTCBB around 50 cents per share. (CF Library 11/9/00; 12/22/00; 1/29/01)


ePort OEM Deal

USA Technologies Inc. announced it had negotiated an OEM agreement to supply its unique e-Port embedded systems technology to Automated Merchandising Systems, one of the Nation’s premier glass front merchandising equipment manufacturers supplying the global vending industry.

The AMS alliance is USA Technologies’ first OEM agreement for e-Port and has the potential of generating $5 million in sales for the Wayne-based Technology Company over the next five years.

The agreement comes within a week of USA Technologies announcing a multi-million dollar Intelligent Vending strategic alliance with global communications giant, Marconi Online Systems.

The alliance is to convert traditional vending machines dispensing beverage and packaged snacks into intelligent “store fronts”, connected to the Internet, and capable of communicating operational data to operators, conducting cashless transactions and providing interactive media at point of sale.

Stephen P. Herbert, President and COO of USA Technologies, said the OEM contract with a leading vending machine manufacturer such as AMS, was an important milestone and endorsement for the USA Technologies/Marconi Alliance.

“Vending machine manufacturers, suppliers and dealers the world over are recognizing the potential of e-Port. Our goal is to assist partners like AMS in providing greater value to their customers,” Mr. Herbert said. “This latest agreement will see our e-Port built into the AMS product on the assembly line.”

AMS considers the inclusion of e-Port in their products as a differentiator from their competition, and could provide AMS distributors with a point of difference in the marketplace.

“AMS is an innovator in the vending industry and it’s our objective to constantly bring to our customers the latest technologies that will add value and satisfaction to their offerings,” said Sharon Shull, President, AMS. “e-Port, with its ability to collect supply chain-or-‘route’ data, allow consumers to make purchases with a credit card, and to view interactive media such as news, sports and weather, will not only improve the value we bring to AMS customers, but will help generate greater revenue for AMS through increased sales of our vending machines.”

e-Port is the world’s first non-PC e-commerce device that can be embedded into vending machines, gas pumps, office equipment and almost any kind of point-of-sale terminal. It comes fitted with an interactive, video screen that features rotating banner advertisements, giving vending machine owners the ability to operate electronic “storefronts” and provide free access to media such as news, sports and weather. e-Port is also a cashless transaction device, allowing consumers to make self service, micro credit card transactions, for as low as $1.00. Marconi’s Intelligent Vending service provides remote monitoring capabilities for vending machines. The service delivers marketing, management and maintenance reports overnight straight to the vending operations’ office. Inventory, cash and damage information is securely transmitted over a wireless network and helps vending operators increase revenue through machines that always are cleaned, filled and working. The combined USA Technologies e-Port/ Marconi Online solution has the potential to fundamentally change the global vending industry.

About USA Technologies

USA Technologies is recognized as a leader in cashless transaction and interactive media technology and associated financial services. USA Technologies provides credit card-activated and other cashless systems, allowing end users, ranging from consumers to business professionals, to communicate, conduct business or make ordinary commerce transactions, outside the home or workplace. USA Technologies is an IBM (NYSE: IBM) Business Partner and an inaugural member of the Sprint Enabling Application Service Provider Program for e-commerce. It also has established relationships with a number of global IT, multimedia and telecommunications companies, including RadiSys Corporation, Double Click, Inc., and Xerox Corporation. Visit the USA Technologies home page at [http://www.usatech.com][1].

About Automated Merchandising Systems

Automated Merchandising Systems, a premier manufacturer of glass front merchandising vending machines, is a privately held company headquartered in Kearneysville, West Virginia. AMS’s patented SENSIT(R) technology guarantees product delivery, eliminating the product hang-ups and misloading problems — thereby increasing reliability and customer satisfaction. AMS’s rugged, temperature controlled machines are cost-effective solutions for vending a wide range of products.

[1]: http://www.usatech.com/



Capital One became the first company to join NACHA since direct membership was opened to financial institutions. Direct membership in NACHA for financial institutions became available this year after NACHA completed a reorganization in 2000. The reorganization was undertaken to streamline the governance of the association, establish new voting rights for financial institutions on the operating rules for the ACH Network, and establish direct membership in NACHA for financial institutions. NACHA now has 30 direct members consisting of nine financial institutions and 21 payments associations, which combined represent 12,000 financial institutions. The other financial institution members are Bank of America, Bank One, Citigroup, First Union, J.P. Morgan Chase, Mellon, Wachovia, and Wells Fargo; under the reorganization these institutions’ memberships were converted from single-bank ACH associations into direct financial institution members. (CF Library 6/20/00)


Blue Brokerage

American Express announced this week Brokerage for Blue, a new benefit of Blue from American Express ([http://www.americanexpress.com/igot blue][1]). Brokerage for Blue is designed to help Cardmembers with Blue from American Express attain financial independence by providing online access to investor education. With Brokerage for Blue, cardmembers gain access to a wealth of information, tools and resources to help them make better investment decisions, regardless of their level of investment experience. Brokerage for Blue includes:

— Investor Strategies — Detailed information, tips, tools and articles to help clients plan to meet their investment objectives — with versions for both beginning and experienced investors. Within each of the investor strategies are direct links to American Express(R) online tools and an account application to help investors create their investment plan.

— Standard & Poor’s Resources — A collection of articles is also available for cardmembers who are seeking a greater understanding on a variety of investing topics including “How to Choose a Mutual Fund” and “How to Weather a Stock Market Correction.”

— Easy Account Opening — A step-by-step guide to opening an American Express Brokerage Account. Access to an online application is readily available for cardmembers to apply for instant account approval.

— American Express Brokerage Challenge, a risk-free trading experience which allows people to hone their skills in an environment that works just like an actual American Express Brokerage account.

“Cardmembers with Blue from American Express are among the most Internet-savvy consumers out there,” said Kathy Marryat, vice president, Blue product management, American Express. “But they may not have a great deal of experience in investing or financial planning. With Brokerage for Blue, we are reaching out to a group of potential investors who want to use the Internet to achieve their financial goals.”

“American Express is well known for helping our customers use the Internet to learn about personal finance, plan for their futures and invest,” said Francois Odouard, vice president, American Express Brokerage. “With Brokerage for Blue, we are taking the best of our financial planning tools and resources, integrating them with customized financial education, and bringing it all together in one place for Blue customers.”

Investing strategies outlined on Brokerage for Blue include:

— Prioritizing financial goals

— Budgeting

— Risk tolerance assessment

— Asset allocation

— Researching stocks and mutual funds

— Monitoring investments

The strategies are organized into two “paths:” one for beginning investors, and one for more experienced investors. No matter which path investors choose, Brokerage for Blue can help them use the Internet to get started in investing and achieve their investment goals.

American Express Company (NYSE: AXP) is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.

At [http://www.americanexpress.com][2] , customers can choose from a range of Internet products and services. Options include the ability to check Card and Membership Rewards(R) account information; pay American Express Card bills online, consolidate and track travel rewards programs, make travel reservations, find last minute travel bargains, and receive special online offers. Consumers interested in financial services can conduct online banking, with free bill payment and ATM rebates, and take advantage of online brokerage services, including low-cost stock trades, comprehensive, integrated online financial planning tools, and access to financial advisors. Resources for small businesses include tips on incorporation, managing staff, and franchising business opportunities. Corporations can choose from merchant, retirement, purchasing and travel and expense management services.

American Express Financial Advisors makes investments, brokerage services and financial planning services available through American Express Financial Advisors Inc. (Member NASD and SIPC). American Express Travel Related Services Company, Inc., offers charge cards, credit cards and travel services. American Express Company is separate from American Express Financial Advisors Inc. and is not a broker-dealer.

Investments are not insured by the FDIC, are not deposits or obligations of or guaranteed by a financial institution, involve investment risks including possible loss of principal. All deposit products and services are offered by American Express Centurion Bank, a federally insured financial institution.

[1]: http://www.americanexpress.com/igotblue
[2]: http://www.americanexpress.com/



Into its 6th year, Cards Asia 2001 is aimed at bringing decision-makers
from major industries such as banking, transportation, healthcare, security
services and government together to talk about the latest card technology
and new business opportunities. Last year’s event drew over 100 conference
delegates and over 3000 visitors to the exhibition.
Cards Asia 2001 is sponsored by big names in the cards industry like
Datacard, RS2 Software, Mastercard, Sema and Visa, is to be held on 25-27
April 2001 at the Singapore International Convention and Exhibition Centre
and is packed with end-user presentations and an impressive list of
exhibitors from around the world.

Delegates and visitors to Cards Asia 2001 will also have the opportunity to
participate in two other relevant events held in conjunction with this
year’s show- Mobile Commerce World Asia and iSEC Asia, focusing on wireless
technologies/solutions and information security. Delegates can purchase
Platinum Passes to these other events.
Whether you are an executive in telecommunications or a specialist in chip
cards and readers- all three events are sure to represent an unparallel
networking opportunity.
Cards Asia 2001 The Conference
This year, the conference features a Keynote Plenary Session fearturing
Donald Tapscott, the highly acclaimed author of The Digital Economy and
Digital Capital Harnessing the Power of Business Web live via video
conference. This talk will give you a rare chance to hear from a
world-renowned observer of the Internet and the digital revolution and its
impact on today’s business environment.

Next up is a series of powerful sessions featuring three top senior
executives from the Singapore teleco, payment and banking industry. Lucas
Chow, CEO of SingTel Mobile, who will talk about the future of m-commerce
in the next five years from an operator’s perspective; and Philippe
Paillart, CEO, for DBS Bank in Singapore; who will touch on financial
institutions and their importance in the value chain of m-commerce, cards
and security. Mark Burbidge, GM & Senior VP of e-Visa, Visa International
will examine how cards/payment solutions will enable total delivery of the
wireless Internet. Conference delegates to all three events- Cards Asia
2001, M-Commerce World Asia and iSEC Asia 2001- will also have the
opportunity to hear from the three headline speakers during a joint Opening
Keynote Plenary Session.

The conference continues with another strong keynote presenter sharing his
expertise on smart cards- the co-founder and Chairman of the Board of
Gemplus- Dr. Marc Lassus.

The rest of the first day is an intensive schedule packed with industry
case studies from around the Asia Pacific region. You can hear from the
Project Director in charge of the Malaysian government’s MultiPurpose Card
Project that has applications in a variety of key areas including Identity
Cards, Driving Licenses, Passport Information, Health Records, E-Cash and
Public Key Infrastructure. Subsequent case studies reveal the keen interest
of Asian governments to use smart card technology in order to streamline
and increase the effectiveness of government programmes.
The day ends with an interactive panel discussion to discuss public and
private sector cooperation in spearheading advanced technology card
programmes. Authorities from the Asia Pacific Smart Card Association and
the Asia Pacific Smart Card Forum will be present to represent the
industry’s keen interest in fostering and maintaining better relations
between the government and private sector in smart card initiatives.

Day Two comprises a strong showing of industry case studies from Japan,
Philippines, Korea, Hong Kong and Australia. A panel discussion entitled,
“Consolidation of Open Interoperable Standards” will discuss standards and
innovations from various software vendors such as RS2 Software, Microsoft,
SUN Microsystems, Gemplus and MAOSCO. The remainder of Day Two will focus
on the synergy between smart cards and mobile commerce, and a discussion of
Internet security.

One-Day Highly Focused SIM Seminar
For those that are interested specifically in SIM technology to add value
and enhance the security aspects of your product, this one-day seminar on
27 April 2001 will provide concise information on multi-application
platforms, smart cards in mobile commerce, Java card technology and case
studies from Europe and the Asia Pacific region.
Hear about the SIMalliance, a collaboration of the world’s leading SIM
manufacturers, who will kick start the day off by talking about the
convergence of the mobile and Internet worlds. Specifically, they will
touch on how to maximise GSM operator benefits from SIM and SIM toolkit
(STK) usage in the growth of value added services.
Cards Asia 2001 The Exhibition
Visitors from over 30 countries came to the event last year. Given the
response from the 2000 show, the exhibition was well received from both the
visitor’s and the exhibitor’s perspectives. As one exhibitor from Gilles
Leroux said, ” There is a constant flow of visitors. We made important
contacts with people who are very interested in our products. They are from
Europe, USA and mostly all over Asia. It is a good show!”
This regional platform will include Card exhibitors such as Visa,
Mastercard, RS2 Software Group, CardTech, DataCard, Philips, Muhlbauer,
Infineon Technologies, Philips Semiconductors, and Fargo Electronics to
name a few.

The exhibition is set to be even smarter this year with exhibitions from
Mobile Commerce World and iSEC Asia co-located in the same venue for
maximum effect. This massive event was marketed through e-newsletters
distributed to users and vendors, advertisements in trade publications,
endorsements from industry associations, and at least 250,000 tickets and
brochures were sent out to potential card customers. It seems that this
will be the place for anyone interested in cards; security issues in
banking; and e-commerce and mobile e-services.
Understanding the latest innovations in card technology through the latest
case studies and meeting your competition are necessary for anyone in the
card business, especially if you intend to stay ahead of the competition.
Both the Cards Asia 2001 Conference and Exhibition will help you get the
most significant information you need to make more intelligent business

You can visit the organiser’s website at www.cards-worldwide.com for
up-to-date cards information and event updates. For Conference information
call Terrapinn’s Registration Hotline on Tel (65) 322 2700 or Fax (65)
223 3554. For more information regarding the Exhibition email
With a conference jam-packed with10 industry case studies and a massive
trade show featuring the latest information on smart card technology and
applications- your cards business is sure to get smarter.



MasterCard International reported performance results for the fourth quarter
and full-year 2000.

Cardholders across the globe used MasterCard-branded products to generate $857
billion in gross dollar volume (GDV) in 2000, a 21.5% increase over 1999. For
the fourth quarter of 2000, GDV rose 19% to $231 billion, marking the seventh
consecutive quarter of double-digit global GDV growth. GDV includes both
purchase activity and cash transactions. In the critical U.S. market,
GDV registered the highest growth rate in six years, rising 20.2% to $423

Global purchasing volume (excluding cash transactions) rose 17.3% to $633.5
billion for 2000, and 14%, to $170.6 billion, in the fourth quarter of the
year. In 2000, MasterCard-branded cards, excluding Maestro, were used for
almost 9 billion purchase transactions worldwide, a 17.4% increase from 1999.
Fourth quarter purchase transactions were up 16.6% to 2.5 billion.

By the end of 2000, MasterCard’s 20,000 member institutions had issued more
than 437 million MasterCard-branded cards globally, a 15.4% jump from the
previous year. This represents the highest year-to-year card growth rate in
more than four years, and is more than double the global growth rate reported
for 1999. In the U.S., the number of cards issued reached 235.1 million by
year-end 2000, 16% above 1999. The card growth rate in the U.S. in 2000 was
more than five times the 1999 growth rate of 2.8%.

MasterCard also reported that, by the end of 2000, its cardholders were
able to
use their MasterCard cards at 21 million acceptance locations worldwide, a
12.7% increase over the previous year. MasterCard’s efforts to ensure that no
card is accepted at more places or by more merchants have yielded notable
results as the number of MasterCard acceptance locations increased by nearly
36% between 1997 and 2000.

Strategy Drives Success

“These impressive results clearly demonstrate the success of our
customer-oriented strategy,” said Robert W. Selander, MasterCard’s president
and chief executive officer. “In 1997, MasterCard embarked on a new corporate
strategy to sharpen our focus on our customers, strengthen our core products
and services, and differentiate ourselves from the competition by building
customized, value-added services. With each passing quarter we’re seeing our
customers rewarding us for focusing on making their payments businesses more

“Our focus, strengthen and differentiate strategy has been remarkably
effective,” Mr. Selander said. “The strategy has proven its resilience as both
our industry and the global economy have changed and remains a strong and
flexible foundation upon which MasterCard can build future growth.”
“With our award-winning Priceless advertising campaign now seen in 81
and in more than 36 languages, the reach and scope of the MasterCard brand is
unsurpassed by any competitor in the industry,” he added.
During the year, both credit and debit showed strong momentum. Global credit
GDV rose 20.7% for the year, to $740 billion. In the debit card arena, GDV
26.3% for off-line debit programs, to reach $117 billion.
By the end of 2000, the number of MasterCard, Cirrus, and Maestro logos that
appeared on credit and debit cards in circulation worldwide exceeded 1.73
billion, compared with 1.46 billion at the end of 1999.

United States Results

For full year 2000, GDV growth in the United States jumped more than 20%. In
the final quarter, GDV rose a healthy 15.9% to $116.5 billion. U.S. purchase
volume was up 18% for the full year and 14.2% for the fourth quarter.
U.S. outstandings stood at $212.7 billion at year-end 2000, up 18.9% from
According to industry analyst MasterCard’s share of outstandings, over the
decade, among general purpose cards, rose by 279 basis points, while Visa
had a
similar decline.
The number of MasterCard-branded cards issued in the United States jumped 16%
in 2000 versus 1999, to 235.1 million. According to BAI Global, a card
firm, MasterCard had a 57% U.S. bankcard mailshare – a leading indicator of
card growth – for the year, considerably above the 45% reported for 1999.
“During a year that saw a slowing economy and declining consumer confidence,
these strong gains in U.S. performance indicate that our members and their
customers are increasingly looking to MasterCard to meet their payment needs,”
Mr. Selander said.

Regional Performance

Strong GDV increases were registered in all regions for 2000 Asia Pacific
(excluding China), 53.9%; Canada, 16.6%; Latin America, 21.5%; Middle
East/Africa was up 14.8%. In Europe, through its alliance with Europay
International, GDV for MasterCard-branded cards rose 15.8%.
The Asia Pacific region (excluding China) recorded particularly strong
as 2000 GDV rose 53.9% for the full year, and 51.2% for the fourth quarter. In
1999, the Asia Pacific region (excluding China) had reported a 16.5%
year-to-year increase, as the region began to recover from an economic crisis.
Contributing to the robust 2000 GDV growth was particularly strong performance
in the following market clusters Korea (up 114.6%), Greater China (excluding
China) (up 39.1%), South East/South Asia (up 27.1%), Australia/New Zealand (up
22%), and Japan (up 18.3%). Asia Pacific (excluding China) also reported
growth in cards issued (up 17.9%), and transactions (up 34.6%). The number of
locations where cardholders can use their MasterCard cards rose 18.9% in the

Latin America also reported substantial growth, with GDV up 21.5% over 1999,
cards up 15.7%, and transactions up 18.7%. Particularly strong GDV growth was
reported in Brazil, which was a 30% increase over 1999, and in Mexico, where
GDV rose 73.4%. In the fourth quarter, Brazil registered a 28.6% increase in
GDV, and Mexico, 68%.

In Europe, France, Italy, Spain, and the United Kingdom drove growth. In
France, 2000 GDV rose 16.7% over 1999, and the number of cards issued rose
almost 9%. In Italy, GDV rose 27.3% year-to-year, and card issuance was up
26.4%. GDV in Spain was up 18%, and 25.3% more cards were issued. In the
Kingdom, GDV increased 13.1%, and card issuance was up 9%.


Maestro, the world’s leading debit program, continues to grow, as the
number of
cards issued worldwide grew to 373.3 million, a 19.4% increase from 1999. The
number of Maestro cards issued in the Asia Pacific region showed particularly
strong growth, rising 37.3% to 111 million cards. Maestro has grown from zero
to over 100 million cards in the Asia Pacific region since its launch in 1993,
an unprecedented growth rate in the industry. At the end of 2000, there were
183.2 million Maestro cards in Europe, a 16% year-to-year increase.

About MasterCard

MasterCard International has the most comprehensive portfolio of payment
in the world. More than 1.7 billion MasterCard(R), Cirrus(R) and Maestro(R)
logos are present on credit, charge and debit cards in circulation today. An
association comprised of more than 20,000 member financial institutions,
MasterCard serves consumers and businesses, both large and small, in 210
countries and territories. MasterCard is the leader in quality and innovation,
offering a wide range of payment solutions in the virtual and traditional
worlds. MasterCard’s award-winning Priceless advertising campaign is now seen
in 81 countries and in more than 36 languages, giving the MasterCard brand
reach and scope unrivaled by any competitor in the industry. With more than 21
million acceptance locations, no card is accepted in more places and by more
merchants than the MasterCard Card. In 2000, gross dollar volume exceeded
US$857 billion.



EPOST announced several leading Canadian
companies that are now sending e-bills to customers through EPOST, the world’s
first electronic post office. The new EPOST mailers include premier Canadian
brands such as Canadian Tire, Enersource Hydro Mississauga, Sears and TELUS.
These companies join the growing list of EPOST mailers, including Columbia
House, The City of Toronto, Costco and Radio Shack, who are already sending
mail through EPOST’s on-line delivery service.

In the coming months, the new mailers announced today will be joined by
the Bay and Zellers, the retail brands of Hudson’s Bay Company, and several
prominent Canadian retailers from National Retail Credit Services Company
(NRCS). NRCS administers the private label credit card process for over 30
major retail organizations throughout Canada. Some of the first NRCS clients
to launch with EPOST will include Holt Renfrew, Home Hardware and Petro-

“As the world’s first electronic post office, EPOST is digitizing the
mail and defining a new market space in Canada. Our primary focus at this time
is to build density in the electronic mailbox so that EPOST offers consumers a
valuable service,” said Peter Melanson, President and CEO, EPOST. “With the
announcement of these new mailers today, we believe we’ve taken another giant
step forward in creating a service that will ultimately benefit all

Consumers who wish to receive and pay their bills through EPOST can do so
by registering for a free Electronic Post Office Box at www.epost.ca. Once
registered, customers create their personal list of mailers and begin
receiving their mail on-line, including e-bills. Customers can modify their
EPOST preferences at any time, adding new mailers to their list as they become

EPOST’s free service has many advantages for consumers including

– Convenience — EPOST keeps mail organized by offering one, convenient
location for receiving the mail consumers choose to move on-line.

– Privacy and Security — All mail sent through EPOST is electronically
postmarked, providing a guarantee that the mail has not been tampered

– Choice — EPOST lets customers choose the companies who they wish to
receive mail from, and it lets them receive any type of mail, not just

– Access — EPOST is a web-based service that lets customers access
their mail when they want, where they want.


EPOST is the world’s first electronic post office. An alliance between
shareholders Canada Post Corporation, Cebra Inc. (Bank of Montreal’s wholly
owned e-commerce subsidiary), and TELUS Corporation, EPOST delivers the mail
on-line for Canada Post. In addition to having over 130,000 Canadians register
for their free EPOST box, 90 companies have committed to participate with the
service. EPOST was named one of the top Canadian e-businesses in an
independent survey by Bain & Company and The Globe and Mail. EPOST ranked
ninth in “The e25,” an exclusive report on the 25 hottest dot-coms in Canada.
For more information on EPOST, visit www.epost.ca.


CyberCash Auction

CyberCash, Inc., a leading provider of electronic payment technologies and services, announced that April 10, 2001 has been fixed as the deadline to submit competing bids for the acquisition of CyberCash’s assets in its ongoing Chapter 11 reorganization. Parties desiring to submit bids on any portion of CyberCash’s assets should comply with the procedures set forth in the court’s order.

“After bidders are pre-qualified through their initial bid submissions, there will be an auction on April 11 managed entirely by CyberCash’s outside counsel and financial advisors,” said John H. Karnes, CyberCash’s Chief Financial Officer. “The process will be conducted under the auspices of the official creditors’ committee in the case and will be subject to review and approval by the bankruptcy judge. Every precaution possible is being taken to ensure that the process is totally open and fair, yet is not disruptive to the continued, uninterrupted services our customers have come to appreciate. Our only desire at this point is to obtain the highest value possible for our creditors and stockholders. We have conducted comprehensive due diligence activities with a number of potential bidders and our financial advisors inform us they anticipate a very competitive bidding process,” added Karnes.

The Company also took the opportunity to reiterate that it was conducting business as usual during its reorganization. In this regard, Karnes stated “We have achieved 100% service availability throughout this entire process and look forward to maintaining our exceptional track record for security and dependability in the future. Our employees have done a superb job moving our business forward. Sales remain brisk and we are adding new merchants daily.”

About CyberCash

CyberCash, Inc., headquartered in Reston, Va., is a leading provider of Internet payment services and electronic payment software for both Business- to-Consumer (B2C) and Business-to-Business markets (B2B). The Company provides service solutions to more than 27,500 Internet merchants and has shipped more than 145,000 copies of its software products. In addition to enabling Internet payments, CyberCash offers merchants state-of-the-art risk management capabilities through its FraudPatrol(TM) Internet fraud detection service, and the opportunity to generate additional sales leads through an affiliate marketing program. CyberCash offers the broadest reach in the payment industry with a comprehensive distribution network focusing on both direct and indirect channels, which include marketing partnerships with financial institutions, Internet service providers, application service providers, storefront solution providers and leading independent software vendors. On March 2, 2001, CyberCash and Network 1 Financial Corporation mutually terminated their previously announced merger. For more information, visit [http://www.cybercash.com][1] .

[1]: http://www.cybercash.com/



AutoBranch Technologies Inc. today
announced an agreement with All Trans Credit Union Limited to provide Dynamic
Branding(TM) financial services to 10,000 All Trans members. This marks a
turning point in the financial services industry, as All Trans becomes the
world’s first financial institution to take advantage of AutoBranch’s shared
ATM network with Dynamic Branding(TM) technology.

Unlike conventional ATM networks, the AutoBranch network allows multiple
financial institutions to seamlessly support their brand and deliver
customized products and services to their clients. Once an All Trans member
puts their card into the ATM, AutoBranch Dynamic Branding technology will
“transform” the ATM into an All Trans ATM. From that point onward, All Trans
will define and deliver its own financial services, provide relevant marketing
messages, and present its distinctive “look and feel” — just as though it had
created its own coast-to-coast network of ATMs.

“This is a great opportunity for our members,” said Mike Alexander, CEO of
All Trans. “By taking advantage of the AutoBranch network, we can extend our
reach at minimal cost while ensuring that our members have national access to
convenient, surcharge-free banking. Looking forward, we can deliver products
and services that today’s traditional ATM technology does not allow. And we
can do it all while building our brand and delivering the All Trans personal

“We are very pleased to be working with a visionary leader like All
Trans,” said John Sinton, President and CEO of AutoBranch. “Financial
institutions have waited a long time for an affordable ATM channel that can
support advanced transactions and CRM initiatives. That capability is
available today. And very importantly, institutions can go live in a matter
of weeks. Now that the first financial institution has made the move from
evaluation to production, we look forward to publicly welcoming many other
institutions to the network over the coming weeks and months.”
All Trans cardholders will go live on the AutoBranch network before the
end of April.

Less than a month following the
agreement between AutoBranch Technologies Inc. of Toronto, Ontario and
Charlotte, North Carolina, and Rogers Video of Richmond, British Columbia, the
first Dynamic Branding(TM) automated teller machines (ATMs) have been
successfully installed in Rogers Video stores in the Greater Toronto Area. As
anticipated, the rollout of the ATMs came very quickly — clearly
demonstrating the potential for a rapid rollout across Canada.

The Dynamic Branding network allows multiple financial institutions to
share a single network of ATMs, offering cardholders more services in more
locations while actually reducing capital and operating costs. Furthermore, it
allows savvy retailers to use the ATM channel to strengthen relationships with
their own customers.

The new combination AutoBranch ATMs / Rogers Video kiosks bring the whole
world of Rogers products and services to the customer. Rogers’ customers can
already get the latest on upcoming releases, receive valuable coupons for
in-store promotions, and learn about Rogers AT&T wireless services — they can
even test their knowledge of movie trivia. Future functionality under
consideration will allow Rogers clients to enroll in the Rogers VIP program,
reserve the latest DVD releases, purchase additional ‘pre-paid’ cell phone
time, and view and pay Rogers AT&T wireless service bills at the ATMs. The new
ATMs also offer full service banking with no convenience fee for cardholders
of financial institutions that participate in the new AutoBranch network, plus
cash withdraw for cardholders from any Interac(R) institution.

“The speed with which we were able to complete this rollout clearly
demonstrates how quickly and easily innovative retailers can take advantage of
this new, patent-pending technology — and, that they can do so with minimal
upfront expense,” said John Sinton, AutoBranch President and CEO. “As
financial institutions join the AutoBranch network in the coming weeks, Rogers
Video customers will be among the first to enjoy the benefits of branded
full-function ATM banking at a convenient and safe location without the
traditional ‘convenience fees’ common in retail locations. This is a real
milestone for AutoBranch, Rogers and the ATM industry.”

“We have experimented with basic cash dispensers in the past, but this is
the first time that a true ATM can interactively support and enhance our
customers’ experience in our stores,” said Pierre Robichaud, Vice President
Business Development at Rogers. “Although the kiosk content is currently
focused around Rogers Video, we see great potential to serve customers across
the entire Rogers family. We are proud to take the lead in delivering this
leading edge technology to our customers.”

The initial rollout includes six Rogers Video stores in the Greater
Toronto Area, with the potential of national implementation. Dynamic Branding
ATMs are currently in operation at the following Rogers Video locations

About All Trans Credit Union Limited
All Trans Credit Union Ltd. strives to help members receive the newest
advancements in banking technology. The company’s vision is to provide
financial services anytime, anyplace to employees of affiliated bond companies
and organizations. More information is available on the corporate Web site at

About AutoBranch

AutoBranch Technologies Inc. operates a financial transaction network that
enables advanced, personalized financial services to be delivered through
automated tellers (ATMs) with dramatically reduced costs. Dynamic
Branding(TM) allows customized services for each financial institution to be
delivered in a cost effective way through a shared network of automated teller
machines (ATM). AutoBranch partners with ATM deployers, switching services,
network technology providers and retail merchants to create and manage a
global, secure network serving its unique, Web-enabled transaction service
capabilities to financial institutions. The company is based in Charlotte,
North Carolina and Toronto, Ontario. AutoBranch and Dynamic Branding are
trademarks of AutoBranch Technologies Inc.



The Co-operative Bank launched its first ever, five-year, fixed-rate VISA
credit card, with an interest rate of just 9.8 per cent APR.
The Co-operative Bank’s new Platinum VISA card offers this competitive rate
on all balances, fixed until 30 April 2006.
The card has no annual fee and offers cardholders up to 46 days’ free
credit. The minimum repayment each month is two per cent of the outstanding

Mick Firth, Deputy Chief Executive at The Co-operative Bank said “We
believe that a credit card with a competitive fixed-rate will be more
attractive to some customers than cards with a so-called introductory rate.
These short-term or ‘teaser’ rates sometimes apply to balance transfers
only, and often revert to much higher standard rates after only a few months.
“Just as with fixed-rate personal loans and mortgages, this credit card
will allow customers to manage their finances in the medium term, with
complete certainty on the rate of interest that will be charged”.
Cardholders, who will have a credit limit from £3,500, will receive
numerous Platinum Travelclub benefits, including up to 15 per cent discount
off thousands of holidays. They will also be able to take advantage of
other travel offers from Co-op Travelcare, including car hire and airport
parking. In addition, they will get for free £100,000 worth of travel
accident insurance; purchase protection insurance for 90 days from the date
of purchase; and emergency cash and card replacement.



Banamex, with the purpose of
expanding its automated teller machine network and to obtain better
coverage for its users, today announced that it has purchased 500 new ATMs
from Diebold Mexico. The machines will be serviced through Diebold’s 39
service centers nationwide. Installation is anticipated to be completed by
July 2001.

This purchase forms an integral part of Banamex’s strategy to support
based technology through its network of self-service terminals. Additionally,
it offers customers more advanced electronic transactions and expands the
financial institution’s presence in the flourishing Mexican retail

“All of our terminals are highly reliable and designed to help banks
increase productivity,” said Ernesto Unanue, vice president and general
manager of Diebold Latin America. “We are very pleased that Banamex, which
has been our customer since 1987, continues to work with us to expand and
improve their customer touch points.”

“By purchasing a variety of ATM models Banamex is tailoring the solution
to the location for optimal use,” Unanue said.

Banco Nacional de Mexico (Banamex) was established in June 1884, following
the merger of Banco Nacional Mexicano and Banco Mercantil Mexicano. A pioneer
in Mexican banking, Banamex was the first to introduce the savings account in
1929, and in 1958, it introduced personal loans and the first Mexican credit
card. Banamex currently employs 29,000 people throughout Mexico and has
1,400 branches. The company forms part of Grupo Financiero Banamex – Accival,
which was founded in 1991. For more information, please contact the company’s
Web site at http//www.banamex.com .

Diebold, Incorporated (NYSE DBD) is a global leader in providing
integrated self-service delivery systems and services. Diebold employs more
than 11,000 associates with representation in more than 80 countries worldwide
and headquarters in Canton, Ohio, USA. Diebold reported revenue of US $1.75
billion in 2000 and is publicly traded on the New York Stock Exchange under
the symbol ‘DBD.’ For more information, visit the company’s Web site at
http//www.diebold.com .