ELECTRONIC COMMERCE UPDATE

July/August€1996

Bringing Web Commerce to Europe: WebMate and Kleline Form Partnership

In an effort to bring full-featured electronic commerce to Europe, WebMate International Inc. (Canton, Mass.), has formed a partnership with Kleline in France. As part of this partnership, WebMate plans to integrate Kleline's Globe ID GC TECH SA payment system into an electronic payment module for the WebMate/Foundation Internet application development environment. This integration of technologies will provide a fully automated system for merchant store development and deployment on the World Wide Web -- an offering not currently available for European currencies.

While WebMate expects to announce U.S. payment system alliances in the next quarter, the company partnered with Kleline to enter the market early in European countries in order to establish a high standard for Web commerce.

Kleline's Globe ID payment system is the exclusive processing system in the European countries of France, Monaco, Andorra, Germany, United Kingdom and Channel Islands, Belgium, Luxembourg, Italy, Spain, Portugal and Switzerland, and French Overseas Departments and territories. Kleline, owned by Compagnie Bancaire and LMVH, provides a multi-purpose service that is accessible to all customers, regardless of the country of connection and currency considered.

The Globe ID payment system, fully integrated into the WebMate/Foundation environment will be available in the latter part of the third quarter for less than US$1,000. The WebMate/Foundation product (a suite of tools and a server-based platform that includes built-in database functionality, an easy-to-use scripting language, browser interface for rapid update of web page content, plug-in modules for electronic commerce, interface to external SQL databases, and enhanced security features such as full data encryption) is available for downloading at WebMate's site at http://www.WebMate.com.
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