--- begin forwarded text X-Authentication-Warning: fma66.fma.com: majordomo set sender to owner-espam@lists.espace.net using -f X-Orig-From: "Bell, Lynwood" <hansa@ibm.net> X-e$pam-source: Various X-Sender: rah@pop.sneaker.net Mime-Version: 1.0 Date: Thu, 2 Oct 1997 13:44:21 -0400 To: espam@intertrader.com From: Robert Hettinga <rah@shipwright.com> Subject: Hansa.net's LOCI encourages development of e-commerce financial products and services Sender: owner-espam@lists.espace.net Precedence: bulk Reply-To: e$@thumper.vmeng.com --------------------------------------------------------------------- This mail is brought to you by the e$pam mailing list --------------------------------------------------------------------- From: "Bell, Lynwood" <hansa@ibm.net> Reply-To: hansa@ibm.net Organization: The Span-Hansa Group MIME-Version: 1.0 To: "Hettinga, Robert" <rah@shipwright.com> CC: "Cate, Vince" <vince@offshore.com.ai> Subject: Hansa.net's LOCI encourages development of e-commerce financial products and services Bob, I just announced this today for our public company. It might be appropriate to send it to either or both of your e$lab and FC98 mailing lists. I am not going to be able to accommodate hundreds of ventures but, given that some will have their own resources, money, etc. and only want the venue and the Bank to play with... it may be very interesting for all of us. Add this to the pot in whatever way you feel is appropriate. Cheers, Lyn ------------- Hansa.net Global Commerce, Inc. The Hansa Bank Bldg, Box 213, Landsome Road, The Valley, Anguilla, B.W.I., TV1 02P Phone (264) 497-3800, Fax 497-3801, email hansa@ibm.net PRESS RELEASE FOR IMMEDIATE RELEASE Hansa.net and Hansa Bank join forces to encourage the development of e-commerce financial products and services to further expand Hansa.net's offerings of Location Optimized Commerce on the Internet (LOCI ). October 1, 1997 - Hansa.net Global Commerce, Inc. together with Hansa Bank & Trust Company Limited, both of Anguilla, British West Indies, and both members of the Span-Hansa Group, have agreed to jointly sponsor emerging Internet technologies which will enhance e-commerce through specifically tailored banking and financial applications. Lynwood S. Bell, Chairman of Hansa Bank, the controlling shareholder of Hansa.net a publicly traded company, said "Many excellent start-up companies lack a vehicle through which to perfect their product or service and to test their market acceptance. Most traditional domestic banks, encumbered with vast legacy systems and bureaucracies are reluctant to entertain these developers in live trials. The Hansa Bank, a British regulated private merchant and investment bank offering a full range of banking and brokerage services, has agreed to provide platforms for approved developers and to participate actively with them. All applications will be thoroughly screened, carefully controlled in their development and testing phases and will be completely isolated from the Bank's existing business. The Bank expects that some of these products may eventually result in leading edge products and services for the Bank." Hansa.net's role will be to assist in marketing any developed products to other banks and financial institutions. As well Hansa.net's existing LOCI clients are expected to benefit from the Bank's new or enhanced services. The first project, currently undergoing final review prior to being accepted by the Bank for testing, involves a Dutch developer of digital chequing. Plans are to demonstrate the product at the Financial Cryptograph 98 Conference, February 23-26, 1998 (see http:www.fc98.ai). Hansa Bank is one of the sponsors of this conference. Vince Cate, an Internet and cryptography expert recently featured in Forbes and Wired Magazines is participating with Hansa.net and Hansa Bank on this project. He said, "Many brilliant e-commerce ideas and products never reach the market because they have no incubator or no real life environment in which to test. Hansa.net and Hansa Bank provide both. As well, Anguilla is the perfect venue for such development in terms of sample size, global perspective, government support, and of course, the absence of any taxes. We fully expect that many of the products developed will end up in companies which are incorporated and reside here in Anguilla." About Hansa.net and the related Span-Hansa Group Hansa.net was founded in 1978 for computer systems development and software design. In 1985 the company went public, and subsequently expanded into software product development, marketing, and international trade technology. Hansa.net's primary role is to coordinate all of the elements of Location Optimized Commerce on the Internet (LOCI pronounced "low-see") for its clients. Hansa.net trades on the Vancouver Stock Exchange under the symbol "HAN" Both companies are part of the Span-Hansa Group comprised of ten organizations doing business in as many international locations. The Group's activities also include the financing of intellectual property, public stock offerings, acquisitions and mergers, and consulting on international business structures and trade. The Group maintains offices in Amsterdam, Barbados, and Anguilla, More information on the Span-Hansa Group and on other Span-Hansa strategic partners can be found on the Company's Internet home page: http://www.hansa.net. Lynwood S. Bell President Contact: Hansa.net - Lynwood Bell Vince Cate (264) 497-3800 hansa@ibm.net (264) 497-3255 vince@offshore.com.ai The Vancouver Stock Exchange has neither approved nor disapproved of this release. ====================================================================== LYNWOOD BELL - Span-Hansa Group, Hansa.net Global Commerce, Hansa Bank http://www.hansa.net ====================================================================== --------------------------------------------------------------------- Where people, networks and money come together: Consult Hyperion http://www.hyperion.co.uk info@hyperion.co.uk --------------------------------------------------------------------- Like e$? Help pay for it! See <http://www.shipwright.com/beg.html> Or, for e$/e$pam sponsorship, <mailto:rah@shipwright.com> --------------------------------------------------------------------- --- end forwarded text ----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' The e$ Home Page: http://www.shipwright.com/