AspireCard.com Teams With iXL and WestWayne for its Credit Card Marketing Communications.ATLANTA--(BUSINESS WIRE)--Oct. 20, 1999-- AspireCard.com, Inc., on-line marketer of the Aspire(R) Visa(R) credit card, announced today that it has engaged the services of iXL, Inc. for on-line internet marketing See Internet advertising. communications, and WestWayne, Inc., an integrated marketing communications Integrated Marketing Communications Definition The American Marketing Association suggests that integrated marketing communications (IMC) is “a planning process designed to assure that all contacts received by a customer or prospect for a product, service, or firm, for off-line, traditional communications. "We have an excellent team in place to establish www.AspireCard.com as the premier site for on-line credit card marketing," said Richard House, president of AspireCard.com, Inc. AspireCard.com, Inc., a wholly owned Internet subsidiary of CompuCredit Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCRT CCRT Core Conflictual Relationship Theme CCRT Conseil Canadien de la Réadaptation et du Travail (Canadian Council on Rehabilitation and Work) CCRT Cape Cod Rail Trail (Massachusetts, USA) ), launched its web site, www.AspireCard.com, in July of this year to meet the demand for real time approval of credit card applications on-line. Atlanta-based iXL, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of iXL Enterprises (Nasdaq: IIXL), is a leading strategic Internet services company which provided front-end web site design and systems engineering for the connection to AspireCard.com's advanced risk evaluation system. In August, iXL also began designing the on-line media campaign for AspireCard.com. Atlanta-based WestWayne, Inc., through its cultural marketing division, BlackSheep, will develop and launch the off-line media campaign for AspireCard.com in the 4th quarter of this year. Interested consumers may apply for an Aspire Visa credit card on the web by entering www.AspireCard.com, then clicking on the application icon. After completing a credit application on-line through the AspireCard.com site, the applicant will receive an answer within seconds. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. House, AspireCard.com, Inc. is among only a few select credit card companies that can provide real time decisioning on-line. AspireCard.com, a wholly owned subsidiary of CompuCredit Corporation, promotes the Aspire Visa credit card on the Internet. CompuCredit Corporation is a credit card company that uses technology based analytical techniques An analytical technique is a method that is used to determine the concentration of a chemical compound or chemical element. There are a wide variety of techniques used for analysis, from simple weighing (gravimetric) to titrations (titrimetric)to very advanced techniques using it has developed to identify credit-worthy consumers who it believes are not currently being served by more traditional consumer credit providers. CompuCredit markets Aspire Visa credit cards to these consumers on an unsecured basis through traditional channels such as direct mail and telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. , as well as through its Internet marketing services subsidiary, AspireCard.com, Inc. CompuCredit also markets life insurance, card registration, telecommunication products, membership in buying clubs, travel services and debt waiver The voluntary surrender of a known right; conduct supporting an inference that a particular right has been relinquished. The term waiver is used in many legal contexts. programs to its cardholders. Aspire Visa cards are issued by Columbus Bank and Trust under an agreement with CompuCredit. CompuCredit completed its initial public offering in April 1999. CompuCredit was included in the Russell 2000(R) Index in July of this year. This press release includes statements concerning our operations, prospects, strategies, financial condition, future economic performance and consumer demand for our products, as well as our intentions, plans and objectives that are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal securities laws and are intended to have the benefit of the federal safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements. CompuCredit can give no assurance that its plans or expectations, as reflected in these forward-looking statements will be achieved. These forward-looking statements are subject to various assumptions, risks, trends, uncertainties and other factors that could cause actual results to differ materially from those that are currently planned or expected. These factors include, among other things, the risks set forth under the caption "Risk Factors" in CompuCredit's prospectus dated April 22, 1999 on file with the Securities and Exchange Commission, and the continued use and commercial viability of the Internet and competition for credit card customers on the Internet. Moreover, as a consequence of those or other factors, CompuCredit's plans or expectations may change. CompuCredit undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. |
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