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RealStores.com Now Accepting InternetCash for E-Commerce Transactions; Internet Currency a Payment Option for 750 RealStores.com Merchants.


Business Editors/High-Tech Writers

MIAMI--(BUSINESS WIRE)--June 13, 2000

Purchasing online through RealStores.com just got even easier as HipHip Software, a leading e-commerce solutions company, today announced a strategic alliance with InternetCash Corporation. HipHip software has enabled their merchants to easily accept InternetCash(TM), a secure and private credit card alternative for online shopping. RealStores.com is the online shopping mall featuring companies utilizing HipHip's award-winning e-commerce software solutions.

An alternative to credit cards, InternetCash is a pre-paid stored value card available in $10, $20, $50 and $100 denominations. InternetCash cards are sold at retailers nationwide and currently used at a wide variety of online sites. Consumers visit participating brick-and-mortar retailers to purchase InternetCash cards. They then go to www.internetcash.com to activate the secure and private cards and can immediately shop online. No personal consumer information is required, and no account information is maintained once the card is used.

HipHip's software has enabled their 750 merchants to accept the InternetCash payment method for online stores at the www.realstores.com site that features unique stores, ranging from arts and collectibles to food and fashion, among many other categories. Online consumers can shop at RealStores.com , the online shopping portal providing access and visibility to hundreds of stores using MerchandiZer(TM), HipHip's e-commerce solution package. RealStores.com offers cooperative merchant programs, group coupons, banner swapping and more.

"We are very excited to partner with InternetCash, a leading company that provides an innovative form of internet currency that will help both our company's growth and our merchants sales efforts by increasing their visibility and value," said Richard C. Bulman, Jr., 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 HipHip. "InternetCash allows for a private Internet currency that is easy to purchase, activate and use. We are exited to offer this payment option to our merchants and the millions of consumers who currently do not have a credit card."

"Through our partnerships with e-commerce solution providers such as HipHip Software, we are able to facilitate integration of a large number of merchants with the InternetCash functionality," says Charles Doherty Charles Joseph Doherty, PC, KC (May 11 1855 - July 28 1931) was a Canadian politician and jurist.

Doherty was a lawyer and also taught civil and International law at McGill University prior to being appointed a judge on the Quebec Superior Court from 1891 until 1906.
, CEO and co-founder of InternetCash Corporation. "Our relationship with HipHip will provide their merchants an easy solution to accept InternetCash as an additional tender type, allowing them access to a previously untapped and large market segment - the cash consumer."

InternetCash Corporation 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(TM), the company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , is the only secure and private credit card alternative 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. For additional information, visit the company on the Web at www.internetcash.com.

HipHip Software is an e-commerce solution company that offers a cost-effective suite of Web-based products, enabling small-to-medium sized businesses to build, customize, manage and promote an online store. MerchandiZer(TM) and the soon to be released Merchant Suite(TM) are HipHip's Web-based products that provide a full range of e-commerce and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 support, with Merchant Suite positioned to provide premium services for larger companies. HipHip Software is a leader in B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce.  solutions with more than 750 merchants using HipHip's leading proprietary product, MerchandiZer, for the creation and maintenance of e-commerce storefronts used for Internet merchandising merchandising

Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product.
. The company's software suite combines Web-site design, marketing, hosting, order processing, inventory analysis and maintenance into one package. MerchandiZer, through its RealStores.com Web site, is creating an online shopping community to assist MerchandiZer companies in marketing to consumers through an online mall.

HipHip Software has earned the following honors: PC Magazine's Editor's Choice award for best e-commerce product; recently ranked in the top 500 Internet companies by Interactive Week, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 research conducted by Ernst and Young and MIT MIT - Massachusetts Institute of Technology ; ranked second in the top 40 e-business service providers (eBSPs) by Cahners In-stat group; recognized by PC World for superior product support; and honored hon·or  
n.
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.

2.
a. Good name; reputation.

b.
 as a top e-commerce solution provider by WIRED, Office.com, Info World, Internet.com, Channel Web, CBS (Cell Broadcast Service) See cell broadcast.  Market watch, HGTV HGTV Home and Garden Television  and ZD net, among others.

For more information about the company, visit http://www.hiphip.com http://www.merchandizer.com, http://www.realstores.com .
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 13, 2000
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