Corporate Profile for NextCard, Inc., dated Oct. 1, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Oct. 1, 1999
Company Name: NextCard, Inc.
Address: 595 Market St. No. 1800
San Francisco, CA 94105
Main Telephone
Number: 415 836 9700
Internet Home
Page Address
(URL) www.nextcard.com
Chief Executive
Officer: Jeremy Lent
Chief Financial
Officer: John Hashman
Investor Relations
Contact: John Hashman
Business number: 415 836 9700
E-mail address: investorrelations@nextcard.com
Public Relations
Contact: Michelle Desmarais
Business number: 415 836 9792
E-mail address: michelle.desmarais@nextcard.com
Industry: Online Credit Card
Trading Symbol/
Exchange: Nasdaq: NXCD
-0- Company description: NextCard, Inc. is considered the industry's leading issuer of consumer credit on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Pioneering innovations in end-to-end e-commerce, NextCard offers personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. , interactive experiences for its cardholders and enables them to take full advantage of the enormous purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. of the Internet. Since its launch in December 1997, over 2 million people have applied for the NextCard Internet Visa, making it one of the premier online credit cards. The Company continues to innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. with its complete GoShopping! web site, a one-click digital wallet The electronic equivalent of a wallet for e-commerce transactions. Also called an "e-wallet," it holds credit card data and passwords for logging into Web sites. The wallet data may reside in the user's machine or on the servers of the wallet service. , a Double Rewards program, personalized PictureCard design and exceptional online customer service. NextCard publishes the NextCard eCommerce Index, the premier source of online transaction activity and was named. The company was named a "HOT 100 Company" by Upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Magazine in 1999 and one of "The Standard 100" by the Industry Standard Magazine for being one of the 100 most important and influential companies in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . |
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