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Digital Commerce International, Inc. Strengthens Management Team; Appoints Former ibill Executive as CFO.


Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--March 16, 2000

Digital Commerce International, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:THBK), a global provider of Internet-based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, today announced that Michael L. Greenberg, former chief financial officer of Internet Billing Company (ibill), a leading worldwide provider of secure transaction processing solutions for business-to-consumer and business-to-business electronic commerce, has been appointed as the chief financial officer for Digital Commerce International, Inc. (DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter. ).

In his new position, Greenberg will be overseeing DCI's worldwide finance and accounting operations and will report directly to Michael Kang, chairman and chief executive officer of DCI.

"We are excited to have Mr. Greenberg join our team. His in-depth knowledge, experience and insight in the payment processing and merchant banking industry will add great value as we aim to build a robust and scalable transaction processing platform to serve the needs of our merchant clients globally," said Kang. "Mr. Greenberg's diversified background in business development and strategic planning along with his demonstrated abilities in developing financial, accounting and information reporting systems will make him a key asset in managing our growing global business."

Greenberg, to be based in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, comes to DCI with extensive experience in financial resource planning, operations management and back-end systems development. Prior to his most recent position at ibill, Greenberg served as the CFO See Chief Financial Officer.  for Excess Risk Underwriters, Inc. where he was engaged in the preparation of financial statements, forecasting and budgeting for profitability, developing feasibility studies and cash flow projections. Greenberg has also held senior positions with International Risk Management (Grand Cayman/Bermuda) Ltd. as their CFO and with KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 LLP LLP - Lower Layer Protocol . in Canada as a senior accountant.

"My knowledge and experience in the payment processing industry combined with my understanding of merchant account structures, credit card association policies and back-end solutions will help align DCI's business with the financial benchmarks that define success within our industry," said Greenberg. "The use of fiscal discipline together with sound operations management will help us to further expand our operations."

About Digital Commerce International, Inc.

Digital Commerce International, Inc. (DCI), operating as thatbank.com, is a financial services holding company that provides a variety of banking and financial services and utilizes the Internet as its primary delivery platform. DCI's hub-site, currently in development, is designed to provide both domestic and international clients with integrated commercial and retail banking services, bankcard processing, and merchant services using real-time technologies. DCI will continue to identify and commercialize leading edge technologies for new and established markets, while building and improving its array of existing financial services. For more information on the company, please visit the company's Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 site at www.thbk.com.

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.
 Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Digital Commerce International's filings with the Securities & Exchange Commission.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Mar 16, 2000
Words:516
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