Leader in Online Transactions Forms Strategic Alliances with IWA and Olive Software
July 11, 2002 (Ft. Lauderdale, FL) - On the heels of finalizing its acquisition by InterCept, Inc. (NASDAQ: ICPT), Internet Billing Company, LLC (iBill), a leader in online transactions processing, announced today it will expand operations and hire a substantial number of customer service representatives to accommodate its growing client base of more than 15,000 businesses around the world.
New Corporate Headquarters
iBill is re-locating its 250 employees, to Deerfield Beach, an integral component of Florida`s "Internet Coast." The new iBill corporate headquarters will house a data center capable of hosting the company`s entire production suite and a new employee training center. Moving to the 50,0000 square foot building more than doubles iBill`s operational space and provides room for the more than 50 new employees who will be added to its customer service team.
"We`re pleased to be in a position to expand our operations and add to our team," said Garrett Bender, CEO of iBill. "iBill remains committed to delivering the most secure e-commerce options that provide superior online payment processing."
Agreements with IWA and Olive Software
In addition, iBill announced a strategic partnership with International Webmasters Association (IWA) and a new alliance with Olive Software.
As the recognized industry leader in providing educational and certification standards for web professionals, IWA (www.iwanet.org ) initiatives support more than 100 official chapters that represent over 150,000 individuals in 106 countries. The organization is credited with creating the industry`s first guidelines for ethical and professional standards as they apply to the Internet. Through its strategic partnership with iBill, IWA will introduce iBill customers to webmaster membership benefits. In return, iBill will offer IWA members discounted prices for its e-commerce solutions.
Olive Software (http://www.olivesoftware.com/) develops and markets unique software products and services that enable publishers and libraries to easily enter the on-line publishing market. Olive`s digital publishing technology turns printed and digital content into an online-marketable commodity, creating new income sources in a web and multi-channel environment. Through iBill`s enhanced online billing system, Olive Software is able to empower its clients with a zero-risk fully managed e-commerce solutions that allows them to offer monthly subscriptions to their end users without having to build their own online billing systems.
About iBill
iBill provides secure transaction services that enable Web merchants to accept and process real-time payments for goods and services purchased over the Internet. It also manages all back-office functions including reporting, tracking, customer service and sales transactions. The company`s service is powered by proprietary technology that integrates online payment processing, fraud control, affiliate management and financial reporting and tracking. For more information about iBill, go to www.iBill.com.
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