Frontline Partners With Oyster Communications to Provide Small Businesses With Online Credit Technology.PEARL RIVER Pearl River, uninc. village (1990 pop. 15,314), Rockland co., SE N.Y., near the N.J. line. It is a residential suburb of New York City, and a computer and telecommunications research and development center. Pearl River River, central Mississippi, U. , N.Y.--(BUSINESS WIRE)--June 23, 1999-- Small-Business Customers Will Have Online Access to Their Credit History Frontline front·line also front line n. 1. A front or boundary, especially one between military, political, or ideological positions. 2. Basketball See frontcourt. 3. Football The linemen of a team. Communications Corp. (Nasdaq: FCCN FCCN Fundacao para a Computacao Cientifica Nacional ) today announced that it has entered into a partnership with Oyster oyster, edible bivalve mollusk found in beds in shallow, warm waters of all oceans. The shell is made up of two valves, the upper one flat and the lower convex, with variable outlines and a rough outer surface. Communications, Inc, of Denver, Colorado, to offer its online credit technology--the Oyster System(SM)--to Frontline's small business customers. The Oyster System allows small business owners to assess their credit for their business and then locate a banking institution willing to extend credit to that business. Frontline expects to receive a percentage of sales of the Oyster System that are generated through its Frontline.net and WOWFactor.com sites. The partnership with Oyster marks Frontline's second announcement in the past week about a partnership that is expected to generate revenue. On June 17, Frontline announced its partnership with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) to offer IBM Net.Commerce Hosting Server(a) to its small business customers. "Frontline's partnership with Oyster Communications is another step in our ability to provide small business customers with Ecommerce solutions," said Stephen J. Cole-Hatchard, 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 Frontline. "Oyster gives small businesses an advantage by enabling them to find out how their credit is gauged before they ask for funding. Oyster also matches small business owners with banks who will extend credit to small businesses based on their credit histories." Frontline, through its partnership with Oyster, will market the Oyster System(SM) nationally to its small-business customers through Frontline.net and to women-owned businesses through WOWFactor.com, the first business site dedicated to women. Frontline.net and WOWFactor.com will offer Oyster's HOW'S MY CREDIT?(SM) and WHERE'S THE MONEY?(SM) technology. HOW'S MY CREDIT? pulls reports from leading credit bureaus, analyzes the reports, and explains the key elements of a businesses' credit history that may affect a lender's decision. WHERE'S THE MONEY?, in development now, is a national online guide on how to find money, and an interactive directory with comprehensive descriptions and listings of money sources for the entrepreneur and small business owner. "We're excited to be working with an Internet services company that is focused on small businesses. Oyster can provide Frontline's customers with the opportunity to identify and understand their credit situation before they walk into a financial institution," said Margot Langstaff, CEO of Oyster. "The most important element of the OYSTER System is that all of the credit information is secure and private." About Oyster Oyster Communications is an association Web site management company providing online credit products and services for small business owners. Oyster offers a customized set of financing modules that enable online, real-time, turnkey See turnkey system. access to credit products by the small business owner. About Frontline Founded in 1995, Frontline Communications Corporation provides "Effortless ef·fort·less adj. Calling for, requiring, or showing little or no effort. See Synonyms at easy. ef  fort·less·ly adv. Ecommerce and Internet Access See how to access the Internet. " to small businesses nationwide. Frontline is poised to be the nation's leading provider of high-quality Internet services (Access, Development and Presence) through its three Ecommerce brands: Frontline.net, WOWFactor.com, and Channel iShop.com, each serving important geographic, demographic and vertical small business market segments. Frontline's focus on specific small businesses and their unique needs helps those customers utilize the Internet more easily to achieve an advantage over their competitors. With the recently announced acquisition of WebPrime, a member of IBM's Web Integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter.(2) See systems integrator. Initiative, Frontline now provides its clients with full Web design, development and Ecommerce solutions. Frontline is headquartered in Pearl River, New York Pearl River is a hamlet (and a census-designated place) in Rockland County, New York, United States. The population was 15,553 at the 2000 census. Pearl River is in the western part of the Town of Orangetown. , and is traded on the Nasdaq Small Cap Market. The statements which are not historical facts contained in this press release are forward looking statements that involve risks and uncertainties, including but not limited to, changes in the market for Internet services, regulatory and technological changes, economic factors, increased competition, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in any forward-looking statement 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. . (a) Indicates trademark or registered trademark of International Business Machines Corporation. |
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