Bentley, World Trade Financial to Move Forward With Consumer Trial.Business Editors LOS ANGELES--(BUSINESS WIRE)--Sept. 3, 2002 Bentley Communications Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BTLY) announced today that World Trade Financial Corporation, a full service broker dealer, registered with the SEC, and a NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). & SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. member, has agreed to participate in a consumer acceptance trial using Bentley's ATM@Home(TM) system to fund clients' brokerage accounts Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. via the Internet. As has been previously reported, Bentley is taking steps to begin a consumer acceptance test-market using the ATM@Home(TM) system, which is powered by Kryptosima's proprietary encryption software Encryption software is software whose main task is encryption and decryption of data, usually in the form of files on hard drives and removable media, email messages, or in the form of packets sent over computer networks. via their payment gateway service, payENKRYPT(TM). Using this system, a brokerage client will be able to instantly fund their brokerage account from their home or office using their ATM/Debit or check card. World Trade has agreed to choose up to 50 of their clients for participation in the consumer acceptance test-market. World Trade Financial Corporation is located in La Jolla La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and , California and services retail customer accounts through licensed registered representatives. World Trade's clients consist of international and domestic individuals and institutions/corporations. "We are excited about the opportunity to have some of our valued clients participate in the consumer acceptance test-market," states Jason Adams, Vice President of World Trade Financial. "We feel this will provide World Trade Financial Corporation with a competitive advantage by offering our clients convenience, time and cost savings." "Bentley's focus is the niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. of small to mid-sized online broker dealers who are ready to allow their clients the ease, convenience, and cost efficient method of funding their brokerage accounts," said Gordon Lee Gordon Lee may refer to:
About World Trade Financial Corporation: World Trade Financial Corporation is a broker dealer registered with the Securities and Exchange Commission, and a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. , Inc. and Securities Investors Protection Corporation. Our objective is to provide a full range of brokerage services to our clients worldwide. World Trade has gathered a staff of professionals whose extensive backgrounds and experience encompass a wide range of securities activities. World Trade's clients have access to on-line trading as well as broker-assisted trading. To learn more about the company visit their website at: www.worldtradefinancial.com. About Bentley Communications Corporation: Bentley's focus is on the implementation of services such as Internet payments via an ATM/Debit card from home or office, for online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. of securities. With Bentley's system in place, the brokerage client's funds will be immediately available for trading, or any other capital-related brokerage transactions as we apply the ATM@Home(TM) system to the online brokerage community. Bentley is negotiating online brokerage and clearing firm agreements in order to further its mission that targets transaction based revenue from the fast growing on-line brokerage community. For additional information, see: www.Bentleyclearing.com. About Kryptosima: Kryptosima was founded in January 2000 to develop new Internet See Web 2.0 and Internet2. payment methods. Kryptosima's founders all have 18 to 30 years experience developing and marketing services, software, and/or hardware for the US banking industry. Their experience has primarily involved credit card processing, ATM-card processing, and home banking. payENKRYPT(TM) is one of Kryptosima's patent-pending services for online payments. For additional information see: www.Kryptosima.com Forward-Looking Statements: Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. |
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