Bentley Finalizes Kryptosima Acquisition.Business Editors ATLANTA--(BUSINESS WIRE)--Dec. 10, 2002 Bentley Communications Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BTLY) announced today that it has finalized its previously announced acquisition of Kryptosima LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "We are pleased to announce the completion of this important step toward building a successful transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. company," said Harry Hargens, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bentley. "As previously announced via press release and 8k filing, the completion of this transaction was subject to an audit of Kryptosima's financials. That audit was completed late last week, making it possible to finalize the acquisition. Data from the audit will be used to prepare a revised 8k containing the required pro-forma financials." Kryptosima has developed the first payment gateway designed to enable Internet merchants to accept consumer payments via ATM Card An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society. Its primary uses are: 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, and online purchasing of securities, using Kryptosima's payENKRYPT(TM) system. Kryptosima was founded in January 2000 to develop new Internet See Web 2.0 and Internet2. payment methods. Its founders all have 20 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 Kryptosima's patent-pending service for online payments. For further information see www.Kryptosima.com and www.Bentleycommunications.com. 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. : 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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