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EarthPort.com Strengthens Position As Intermediary

19 19 2000

Hamilton, Bermuda: 19 April 2000 - In a move to strengthen its position as an intermediary, EarthPort.com plc, the secure Internet payment system provider, has agreed in principle the terms for acquiring 101010 Ltd, the e-business solutions company.

The acquisition will allow EarthPort to provide turn-key portal functionality for banks, wireless operators, digital television operators, application service providers, ISPs, portals, merchants and their customers. The package will encompass the implementation of the EarthPort secure Internet payment system in conjunction with various financial, travel, shopping and personal organiser applications that can be delivered to businesses as "in-a-box solutions" or as extensible software applications.