INTR Companies Gain Significant Market Share in 2000.Business Editors/Technology Writers DELRAY BEACH Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla.--(BUSINESS WIRE)--Dec. 19, 2000 Interactive Technologies.com, Ltd. (NQB NQB National Quotation Bureau, Inc (now Pink Sheets) :INTR INTR Interior intr Intransitive (verb type) INTR Intruder INTR Intermittent INTR Intrude INTR Interrupt Request ) today summarized the market gains achieved in the past year by a few of their subsidiaries. --EXPRESS FINANCIAL CORPORATION Express Financial Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of INTR that offers a comprehensive variety of commercial and residential loans. This past year, commercial closings have exceeded $50 million. The commercial loans expected to be closed in the first half of 2001 exceeds $72 million. Management estimates total commercial loan closings for fiscal 2001 will exceed $100 million. --INTEGRATED MERCHANT SERVICES Integrated Merchant Services (IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. ), an INTR company, provides business owners with specialized merchant accounts that allow them to accept credit cards. IMS also offers electronic check and check guarantee services, e-check via the Internet, ATM machines, Debit Cards, Private Label Cards, and Gift Cards. IMS recently announced it has reached a milestone of $28 million in credit card volume per month for its 5150 merchant accounts. www.bank-card.com --I TRANSACT.COM iTransact.com, Inc., another INTR company, processes Visa/MasterCard and non-bankcard transactions via the Internet, offering the merchant a seamless and effortless method of collecting payments. iTransact's Internet-based real-time check acceptance, credit card verification See CSC. , authorization, processing, payment acceptance via electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. , and integrated shopping cart system keeps things simple and secure for both the merchant and the customer. iTransact recently disclosed they now have more than 3,000 merchants using their secure Internet Payment Gateway www.itransact.com ABOUT INTR Interactive Technologies.com, Ltd. is a leading provider of high-technology Internet and e-commerce business solutions and owns a variety of complementary subsidiaries (as per above Express Financial, Integrated Merchant Services, and iTransact.com) including JoinUsOnline, Fatty Daddy, United Interactive Technologies, and Web Classified. JoinUsOnline http://2000.juol.com Fatty Daddy www.fattydaddy.com UIT UIT Union Internationale des Télécommunications UIT Unit Investment Trust UIT Ultraviolet Imaging Telescope UIT União Internacional das Telecomunicações (Portugal) UIT University of Information Technology www.uworld.net Webclassified www.webclassified.net Investor information is available at www.intrinfo.com This release contains forward-looking statements which are based on current information available to management and which are subject to other important factors disclosed, including specifically, among other factors, changing market and economic conditions. |
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