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First Ecom Announces Asian Deal, Applies To NASDAQ

Tax-news.com

07 February 2000

Payment processing innovator First Ecom.com has announced a new partnership with leading global e-Business content delivery network Digital Island Inc to promote the further growth of e-commerce in Asia.

As a member of Digital Island's Global Partner Program, First Ecom.com will be promoting Digital Island's interactive network and content delivery services, which allow companies competing in global markets to quickly implement e-Business initiatives. Digital Island customers can also have access to First Ecom.com's multi-currency Internet Payment Gateway, which has been designed to enable banks to offer payment processing services to businesses worldwide.

"We are excited to be working with Digital Island to help further the growth of e-Business," said Gregory Pek, president and CEO of First Ecom.com. "The unique combination of Digital Island's technologies and global network, and First Ecom.com's multi-currency Internet Payment Gateway will help drive the growth of e-commerce transactions."

"Digital Island clients can now take advantage of First Ecom.com's real time, multi-currency Internet Payment Gateway," said Catherine Carlton, regional manager of Greater China for Digital Island. "This is a major value-add to services that we offer to companies who seek to conduct e-Business without limits around the globe."

In yet another milestone for the Bermuda based company, First Ecom.com has also announced that it has applied to be listed in the NASDAQ index, the yardstick for technology stocks performance.

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