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President of First Ecom.com Canada Appointed

Hong Kong: 19 April, 2000 - First Ecom.com (NASD OTC BB: FECC, BSX: FECC.BH), a global provider of electronic payment processing services, today announced that Peter De Rosa has joined the First Ecom.com senior management team as president of First Ecom.com Canada.

De Rosa, who previously held senior management positions at Toronto Dominion Bank, Central Guaranty Trust, and the Bank of Montreal, brings more than 15 years and a strong general management background in the card industry to the company.

Responsible for both large and small card operations, De Rosa has field experience and insight into the Canadian card community. He also has started new businesses, re-engineered existing operations, planned the acquisition of card portfolios and spearheaded the launch of the Canadian GM Card program. Throughout his career, he has participated in the development of affinity card programs in Canada, and developed and negotiated major third party processing contracts in both Canada and the United States. De Rosa was a member of the Visa Canada Delivery Systems Committee from 1990-92.

Most recently, De Rosa has provided services to financial institutions, retailers and third party service providers on both strategic and operational issues. He also has advised private investors and business owners on the purchase and financing of a wide variety of small and medium size businesses.

"Peter De Rosa brings a wide range of experience to First Ecom.com, and will be instrumental in our continued growth globally, particular in expanding our marketing efforts in Canada," said Gregory Pek, president and CEO of First Ecom.com. "We are delighted to have Peter join the First Ecom team at such a significant time."

About First Ecom.com

As a global provider of electronic payment processing, First Ecom.com provides secure, easy-to-implement and low-cost online payment processing services to merchants and banks worldwide. Through strategic partnerships with banks, ISPs, e-commerce product suppliers, system integrators and storefront solution providers, First Ecom.com will process credit card transactions made over the Internet in multiple currencies, either domestically or offshore in a tax-neutral jurisdiction.

For more information, visit http://www.firstecom.com or contact First Ecom.com at

+(852) 2801-5181.