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Technology Stocks : Frank Coluccio Technology Forum - ASAP

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To: ftth who started this subject12/18/2001 10:01:17 AM
From: jmhollen   of 1782
 
ACCESSPOINT CORP - Another Banner Month

New York, New York, Dec 10, 2001 (Market News Publishing via COMTEX) -- Accesspoint Corp. announced another month of double digit growth in revenues and transaction volume. This marks the 11th straight month of growth for the Company, despite the lagging U.S. economy.


Accesspoint anticipates continued strong growth as it attends key industry conferences in January that were initially scheduled prior to the events of September 11th. These annual conventions will provide a considerable opportunity for Accesspoint, which has used 2001 to demonstrate its excellence in merchant processing. The Company's significant growth has captured industry attention and piqued the interest of large merchants and prospective ISO agents nationwide. Moreover, Accesspoint continues to explore additional products and services to increase its per merchant revenues.

"I am extremely proud of our sales team, which continues to fuel our considerable expansion," remarked Tom Djokovich, Accesspoint's CEO. "We look forward to further development of our sales channels and merchant portfolio with the upcoming conferences. Accesspoint is looking forward to a strong showing coupled with several successful training seminars to help us experience even greater growth in 2002 than we experienced in 2001."

About Accesspoint

Accesspoint Corporation is a leading developer and provider of electronic payment processing solutions for merchants. The Company's managed transaction banking and payment technologies enhance merchant performance by improving transaction liquidity and reducing business costs at the point of sale -- the accesspoint through which all commerce flows.

Accesspoint's core electronic payment processing solutions provide merchant underwriting and risk management and support the network and technology services necessary to capture, route, authorize, and settle all types of non-cash payment transactions at both retail and Internet point of sale locations for more than 8,500 retailers and businesses nationwide.

As part of the Company's core-processing infrastructure, Accesspoint has established important strategic relationships with partners such as Chase Manhattan Bank, First Data Corp., First National Bank of Omaha and Hypercom Corporation.

CONTACT: TEL: 949/852-8526 Tom Djokovich, Accesspoint Corp., Irvine
Email: investors@accesspoint.com
TEL: 800/230-2249 Larry Hartman, Alliance Consulting Group
Website: www.AllConsultGroup.com

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