ICVERIFY, INC. PROVIDES INDUSTRY'S FIRST WIRELESS CREDIT CARD AUTHORIZATION
CAPABILITY FOR PC POINT-OF-SALE APPLICATIONS

"POS on the Move" Demonstrated in the ICVERIFY, Inc. and Bell Atlantic
NYNEX Mobile Booths at the National Retail Federation Show

NEW YORK, Jan. 14, 1996 -- In a revolutionary move to bring wireless
communications to the Point-of-Sale (POS) world, ICVERIFY, Inc. announced
that its popular ICVERIFY software has been enhanced to support processing
of credit/debit card transactions via cellular communications on a PC. For
the first time, merchants and vendors of goods and services have the
freedom and versatility to conduct wireless POS transactions from any
remote PC where cellular service is provided. Both ICVERIFY, Inc. (Booth
#2505) and Bell Atlantic NYNEX Mobile (Booth #2413) are demonstrating the
new Cellular Digital Packet Data (CDPD) version of ICVERIFY software this
week at the National Retail Federation Show. The product is available this
quarter. 

CDPD technology lets the cellular network carry the "1s" and "0s" of
digital code. Data might originate as e-mail, a credit card swipe or a
service order and the information can be transmitted wirelessly in seconds
for just pennies. 

A PC-based CDPD solution for credit/debit card processing offers merchants
unlimited mobility, provides the best possible transaction processing
rates, allows integration of transaction information with both local POS
software as well as corporate information systems, supports faster
transaction processing due to the elimination of the call connect times
and provides security via fully encrypted transmission of transaction
data. Merchants are freed from the constraints of a land-line telephone
network. 

"Both field sales force organizations and traditional fixed site merchants
will benefit by having card swipe applications on a PC," said Mike
Franklin, Bell Atlantic NYNEX Mobile Director of Wireless Data Marketing.
"Mobile Sales forces can use their laptops to check inventory, close
orders or collect orders on the spot. Fixed location merchants now have
the option to perform wireless credit card, debit card and check payment
transactions using their existing PC." 

Gensar Merchant Processing, Inc., dba FirstNet, integrates Bell Atlantic
NYNEX Mobile's AirBridge Packet service into its transaction processing
solutions for merchants. According to Elizabeth Hubbard, Project Manager
of CDPD for FirstNet, " This is the first time where we can offer both
traditional and non-traditional retail a complete wireless solution. A
large retailer can easily reconfigure floor space without the time and
expense of moving standard phone or leased line wiring. A small goods or
service provider can process transactions face-to-face virtually anywhere.
This is the most positive step toward replacing old-fashioned phone
lines." 

Tom Aden, President and COO of ICVERIFY, Inc. agrees. "Cellular technology
lets merchants unplug POS transactions from the constraints of wired
systems. Our PC-based solution provides merchants the mobility required to
keep up with changing retail environments while enhancing their existing
information systems. ICVERIFY is continually looking for innovative
solutions, such as CDPD connectivity, which our customers can incorporate
into their businesses to make them more competitive." 

ICVERIFY Enhances Payment Processing

The benefits of a PC-based, wireless technology solution for transaction
processing serves both traditional retail as well as non-traditional
retail environments. CDPD opens new markets for secure, remote transaction
processing such as transportation, delivery and repair services, kiosks
and festival/event retail. 

ICVERIFY software delivers the ability to securely handle banking
transactions on all PC-, Windows-, UNIX- and Macintosh-based
Point-of-Sale/Business systems. The software runs as a "Pop-Up" over
existing DOS Point-of-Sale software, in a Window on Microsoft Windows
systems or it can be integrated to run invisibly on any open, POS/business
system platform. Running directly on a PC Point-of-Sale system eliminates
error and fraud resulting from double entry of transaction amounts
inherent in the use of bank terminals. Further, ICVERIFY allows up to nine
years of transaction information to be stored on the system and that
information is valuable throughout a merchant's business from finance to
marketing. 

ICVERIFY, Inc.

ICVERIFY, Inc., a privately held corporation based in Oakland, Calif., is
the leading provider of credit authorization/draft capture, check
guarantee and debit/ATM card authorization software for open platform,
Point-of-Sale/business systems worldwide. ICVERIFY, Inc.'s software is
distributed internationally through software developers, catalogues,
original equipment manufacturers (OEMs) and independent sales
organizations (ISOs) for credit card processors. ICVERIFY, Inc.'s
solutions are used in both traditional retail (general retail, restaurant,
hotel, car rental, travel) and non-traditional retail (Internet, kiosk,
catalogue, mail/phone order) environments. ICVERIFY is supported by a
growing network of more than 1,500 software developers and integrators and
is certified for transaction processing by more than 80 major processing
networks. 

Bell Atlantic NYNEX Mobile

Bell Atlantic NYNEX Mobile, headquartered in Bedminster, NJ, is the largest
wireless service provider on the East Coast and the second largest
provider in the United States. The Company offers a full range of wireless
voice, data and paging communications solutions to its three million
customers in the Northeast, mid-Atlantic, Southeast, and, through a
separate subsidiary,, in the Southwest. The Company was formed in July
1995 through the combination of Bell Atlantic Mobile's and NYNEX Mobile's
cellular operations. The new Company has more than 5,000 employees. 

Gensar Merchant Services. Inc. dba FirstNet

Gensar Merchant Services, Inc. dba FirstNet is a wholly owned subsidiary,
of GENSAR Holdings, Inc. headquartered in Fort Washington, PA. GENSAR
Holdings, Inc. is a major supplier of high quality Point-of-Sale
processing. FirstNet is a quality supplier of general POS processing
applications, merchant accounting, settlement and fraud control services.
GENSAR provides hundreds of customized solutions to banks, independent
service organization and major corporations with processing applications.
GENSAR solutions are known for their innovative approaches, flexibility
and the ability to fully customize to suit customer requirements. 

ICVERIFY Inc
473 Roland Way
Oakland, CA 94621
Phone (510) 553-7500
Fax (510) 553-7553
Fax On Demand (510) 553-7555
CompuServe: GO ICVERIFY
Internet info@icverify
 
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