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Cookies Aren't Monsters, Declares ebates.com CEO Paul Wasserman.


SAN FRANCISCO--(BUSINESS WIRE)--Dec. 7, 1999--

Former Deputy DA Responds to Novell Chief's

Blaming Cookies For Theft of Credit Card, Reaffirms

Safety of Net Shopping

Responding to the uproar caused by Novell 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.  Eric Schmidt's recent claim that computer cookies were behind the theft of his credit card, ebates.com CEO Paul Wasserman is looking to set the record straight.

A former deputy district attorney in Silicon Valley, Wasserman -- who prosecuted numerous cases of theft, fraud and eavesdropping Secretly gaining unauthorized access to confidential communications. Examples include listening to radio transmissions or using laser interferometers to reconstitute conversations by reflecting laser beams off windows that are vibrating in synchrony to the sound in the room.  in the Internet sector -- described Schmidt's comments as "ill-informed, disingenuous and just plain silly."

"Is Schmidt seeking to play Grinch, or Scrooge?" pondered Wasserman. "With his one remark, he is irresponsibly applying the brakes to the incredible juggernaut Juggernaut, India: see Puri.

Juggernaut

(Jagannath) huge idol of Krishna drawn through streets annually, occasionally rolling over devotees. [Hindu Rel.: EB, V: 499]

See : Destruction
 of holiday shopping and injecting baseless fear into a process that isn't broken. This season is shaping up as a watershed for cybershopping, a time when habits will be molded and sustained. It's a benefit to everyone - merchants and consumers alike - to regard this season as a time to build and reinforce confidence in the safety and security of online shopping."

Wasserman is not the only one standing up for cookies and for the overall safety of Web commerce. In the days since Schmidt's remarks, other Internet security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
 experts have reinforced the safety of shopping online, emphasizing that cookies simply do not contain sensitive information like credit card numbers. Hundreds of Net users have voiced similar sentiments, in online discussion forums.

"There's absolutely nothing safer than buying something with a credit card over the Internet - it's vastly more secure than the last restaurant meal Schmidt bought with his Visa or MasterCard," added Wasserman. Credit card holder liability is limited to $50.

ebates.com's sensitivity to security issues is backed by the company's pledge that consumers are protected while transacting business on its site. Full details of ebates.com's privacy and fraud protection can be found on its Web site, www.ebates.com.

About ebates.com

With headquarters in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , ebates.com is a next-generation Internet shopping portal, which passes the entire rebate achieved through participating merchant affiliate programs to the consumer. Through ebates.com, nearly 1 million members receive cash back of up to 25 percent on every purchase from more than 200 merchants. In addition, members can earn additional cash back by referring others to ebates.com.

Launched in May 1999, ebates.com was founded by Paul Wasserman and Alessandro Isolani, two former deputy district attorneys DEPUTY DISTRICT ATTORNEYS. The Act of Congress of March 3, 1815, 2 Story L. U. S. 1530, authorizes and directs the district attorneys of the United States to appoint by warrant, an attorney as their substitute or deputy in all cases when necessary to sue or prosecute for the United  in Silicon Valley. USA Today USA Today

National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s.
 called ebates.com "the best story of the @d:tech SF show." The ebates.com site ranks among the Net's top five affiliate sites, and the company has also been named a Red Herring Red Herring

A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company.

Notes:
 "Catch of the Day." ebates.com is funded by Foundation Capital of Menlo Park Menlo Park.

1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there.

2 Uninc.
, Calif.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 7, 1999
Words:459
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