EyeCashNetworks Announces Initial $100,000 eCashPad Order From Fluid Cash PA, LLC.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--April 8, 2003 EyeCashNetworks Incorporated (Pink Sheets: ECNI), a leading provider of next-generation e-payment solutions, announced today that it has signed an initial contract with Fluid Cash PA, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for the purchase of ECNI BankEyesOnly(TM)Cash Pads valued at $100,000. Fluid Cash will use this initial order for testing with Fluid Cash retail and e-tail customers, both domestically and internationally. "We fully expect this initial test to result in the integration of ECNI's eCashPads(TM) into our global system," stated Scott Williams, Director of Technology at Fluid Cash. The full service Point of Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) terminal allows for secure transactions from the home by implementing encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. technology and providing a new transaction route for financial card information. Together, the eCashPad and BankEyesOnly transaction route greatly reduce online fraud and card processing rates for merchants and consumers. Fluid Cash will assist in the sales, marketing and distribution of EyeCashNetwork's eCashPads and will facilitate the integration of the e-payment technology with its end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. security banking solutions. "As we aggressively work towards bringing the BankEyesOnly(TM) Cash Pads to the 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. market, we are realizing increasing demand from many businesses for the implementation of our technology as a stand-alone solution as well as being an added tool for advanced online safety, stated Chris Jensen Chris Jensen (born October 28, 1963 in Fort St. John, British Columbia) is a retired NHLer. He played for the New York Rangers and Philadelphia Flyers. External links Chris Jensen's career stats at The Internet Hockey Database , Chief Executive Officer of EyeCashNetworks Incorporated. "The opportunity to supply Fluid Cash with our e-payment solutions marks an important step towards establishing the wide-ranging value of our e-payment solutions. By combining our e-payment solutions with Fluid Cash's extensive suite of smart card and electronic cash payment technology, we are achieving levels of online security that is far surpassing the industry's current methods." About EyeCashNetworks Incorporated: EyeCashNetworks Incorporated is focused on delivering next-generation e-payment solutions. The Company develops proprietary hardware, software and transaction-processing services and believes that hardware-originated transactions are the future of Internet commerce and will benefit both the customer and the merchant. For more information, see www.eyecashnetworks.com. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the 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. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are 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. that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. You may register to receive EyeCashNetwork's future press releases or to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. a complete Digital Investor Kit(TM) including press releases, regulatory filings and corporate materials by clicking on the "Digital Investor Kit(TM)" icon at www.kcsa.com. |
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