Strategic Profits Inc. Releases Beta Version 1.0 of Recurring Credit Card Transaction Program.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 2, 2001 Strategic Internet Investments Incorporated (the "Company"), today announced that Strategic Profits Inc. ("SPI (1) (Stateful Packet Inspection) See stateful inspection. (2) (Service Provider Interface) The programming interface for developing Windows drivers under WOSA. "), "traded publicly through the Company (SPI's parent), under the symbol OSWE OSWE Online Software Engineers, Inc. -- OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB," has released its beta version A pre-shipping release of hardware or software that has gone through alpha test. A beta version of software is supposed to be very close to the final product, but, in practice, it is more a way of getting users to test the software in the first place under real conditions. 1.0 of its recurring batch software. SPI will have the basic batch virtual POS terminal ready for beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the within two weeks. SPI has been a secure payment service providers since 1997, and provider of e-solutions since 1994. The recurring batch software will provide merchants with the ability to generate a database of recurring credit card transactions through a Windows based software application. The transactions will then process automatically according to the schedule the merchant sets up. An e-invoice and e-receipting functionality will also be provided within the application. The interface is user-friendly, creates browser-based reports and allows the database to be downloaded to other desktop applications. This system will work in conjunctions with SPI's existing Verifone Payworks 3 payment engine and become part of the PayPaq(TM) stable of payment applications. "This application will provide merchants that have recurring monthly credit card billings, like membership fees, subscriptions or payment plans, etc. with a simple to use desktop application that automates the process," says Catherine Clarke Luckhurst, 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 Strategic Profits, Inc. "Merchants can now realize the following benefits: less manpower -- as re-keying credit card data is no longer required; less errors -- data is only input once; better record keeping -- management reports are built in; sensitive data can be kept within one secure and encrypted application." About Strategic Profits, Inc. SPI has been providing Internet commerce solutions to small and medium enterprises, not-for-profit and charities since 1994 including secure credit card transactions since 1997. SPI provides full Internet service offerings including online education, web hosting and design, Internet marketing, secure shopping cart and payment order systems, as well as secure payment transactions through Moneris Solutions and through out North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. with GPS. Secure cash transactions are available through their partners, Hyperwallet.com! In 1998 SPI launched the communitystorefronts.com e-commerce pilot with their consortium partners Industry Canada, Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. . Today, communitystorefronts.com is a fully commercialized portal offering online shopping, fundraising, and turnkey e-commerce solutions. http://www.strategicprofitsinc.com. Feb. 1, 2001 SPI, HP Canada Ltd. and TELUS TELUS Telemetric Universal Sensor announced an alliance to deliver a new generation secure Internet-based credit card payment service...PayPaq(TM)! Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. |
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