InternetCash Is Now Accepted At TWEC.COM; TWEC.COM and InternetCash Co-Sponsor Online Hip-Hop Awards - More Than $200,000 in InternetCash Given Away.Entertainment Editors & High Tech Writers NEW YORK--(ENTERTAINMENT WIRE)--April 19, 2000 InternetCash Corporation (http://www.internetcash.com) today announced that TWEC TWEC Trans World Entertainment Corp. TWEC Todd-Wadena Electric Cooperative .COM (http://www.twec.com), the e-commerce site of leading entertainment products retailer Trans World Entertainment Trans World Entertainment Corporation is a chain of entertainment media retail stores in the United States. It currently operates over 800 freestanding and shopping mall-based stores under several brand names. Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TWMC TWMC Tunbridge Wells Motor Club (UK) ), is now accepting InternetCash(TM) for online purchases. TWEC.COM began accepting InternetCash for payment on April 12, 2000, coinciding with the Online Hip-Hop Awards, which both companies co-sponsored. TWEC.COM is the online hub of Trans World Entertainment's brick and mortar See bricks and mortar. retail stores including Coconuts Music and Movies, Record Town, Camelot Music and more. The e-commerce site features an extensive inventory of music, MP3s, video games, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. videos. TWEC.COM also offers consumers a wide selection of downloadable goods that require micropayments, and InternetCash provides an easy payment mechanism for micropayments, with a transaction minimum as low as 50 cents. "InternetCash is proud to be working with TWEC.COM, one of the largest specialty music and video retailers in the country," said Charles Doherty, InternetCash 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. , president and co-founder. "With worldwide distribution spanning 16 countries, this integration is pivotal to our combined growth while at the same time adding immense value to our respective customers." "In keeping with our philosophy of staying in front of the e-commerce curve, we're pleased to offer InternetCash as a payment option." said Michael Madden, president and COO of Trans World Entertainment. "Our partnership with InternetCash will provide our customers with a safe and easy method of payment for all of their purchases at TWEC.COM." InternetCash and TWEC.COM Co-Sponsors of Online Hip-Hop Awards The Online Hip-Hop Awards were established in 1996 by Felicia Palmer and Steven Samuel, co-founders of SOHH SOHH Support Online Hip Hop (rap music website) .com, the Web's largest Hip-Hop community, to celebrate the Hip-Hop culture and honor artists, Web site developers and others contributing to Hip-Hop culture online and worldwide. In 2000, key sponsors included InternetCash, TWEC.COM, SOHH.com, Hot 97 FM, Arizona Jeans and Yahoo! Music. As a co-sponsor of the awards, InternetCash Corp. gave away more than $200,000 of InternetCash. How Does InternetCash Work? InternetCash, the only alternative to credit cards works similar to a pre-paid phone card. Consumers visit participating brick-and-mortar retailers to purchase InternetCash cards. They then go to www.internetcash.com to activate the cards and can immediately start shopping online. At no time in the process are consumers ever required to provide InternetCash.com with any personal information, such as name or e-mail address. About Trans World Entertainment Trans World Entertainment is the leading music retailer in the United States. The Company operates retail stores in 44 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico, as well as an e-commerce site, http://www.twec.com. Mall locations include Camelot Music, Record Town, The Wall and F.Y.E. Freestanding locations include Coconuts Music and Movies, Strawberries Music, Spec's and Planet Music. About The Web's Entertainment Center (TWEC.COM) TWEC.COM is the online hub for Trans World Entertainment's retail stores. With worldwide distribution spanning 16 countries in addition to the United States, the site features all of the music CDs and cassettes, video games, DVD and VHS (PAL and NTSC (National TV Standards Committee) The committee that developed the television standards for the U.S, which are also used in Canada, Japan, South Korea and several Central and South American countries. Both the committee and the standard are called "NTSC. ) home videos that are available at its retail stores and more. TWEC.COM is home to Trans World's "On Stage" series, featuring live concerts, online chats, in-store artist appearance schedules, in-studio performances and entertainment media that is on-demand. About InternetCash Corp. InternetCash Corp. was founded as a financial technology company in February 1999. The company's focus is on developing "best of breed" e-commerce consumer products, and payment and transaction infrastructure solutions for the Internet. InternetCash, the company's flagship product, is the only alternative to credit cards available for shopping online today. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the privately owned company has received funding of over $10 million to date. Investors include Silicon Valley venture capital firm El Dorado Ventures, as well as private investors D. James Bidzos, co-founder and chairman of the board of VeriSign and Daniel Lynch, co-founder and chairman of the board of CyberCash. InternetCash.com's board of advisors includes Professor Ronald Rivest, Ph.D., co-founder of RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. Data Security. For additional information, visit the company on the Web at http://www.internetcash.com. InternetCash.com and InternetCash are trademarks of InternetCash.com, Inc. All other products and company names referred to herein may be trademarks or registered trademarks of their respective companies or mark holders. |
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