|
Edgil's EdgCapture Payment Processing Software
Now Features Secure, Real-Time Internet Connection to Payment Networks
MARINA DEL REY, CA and NORTH CHELMSFORD, MA.
- January 12, 2004 - AdStar, Inc. (Nasdaq: ADST, ADSTW), a leading
provider of e-commerce transaction software and services for the
advertising and publishing industries, today announced the release
of Edgil's EdgCapture R3.4 with SSL-ConnectTM™, a real-time
online interface to credit networks. Developed by Edgil, an AdStar
company, SSL-Connect allows merchants to perform seamless and secure
credit card authorizations in a matter of seconds over their existing
Internet connections.
EdgCapture with SSL-Connect connects directly
to payment networks using 128-bit Secure Sockets Layer (SSL) technology
- the same trusted technology used in thousands of e-commerce applications
operating online today.
"All of the major credit card processors
now offer Internet interfaces to their networks," said Leslie
Bernhard, president and chief executive officer of AdStar. "It
is a logical extension of the EdgCapture framework to support these
online interfaces in addition to the dial-up and frame interfaces
Edgil has supported for years. With the speed of the Internet economy,
it is important that we provide our customers with the tools and
technology that allow them to keep pace and even stay ahead of the
game. SSL-Connect allows our customers to do just that."
Prior to SSL-Connect, in order to process online
transactions, merchants were forced to use either a slow dial-up
interface or a high-cost, dedicated frame relay or a leased-line
connection that required specialized hardware and hundreds of dollars
in monthly telecom fees. With SSL-Connect, Edgil's customers can
save time and money in transaction processing by connecting directly
and securely to payment networks through their existing Internet
connection, thereby eliminating telecom fees and the need for any
additional hardware.
Dan Nadeau, vice president of development for
Edgil, added, "EdgCapture's Internet interface to the payment
processors represents a natural evolution of our technology. For
years, our application has been processing millions of transactions
using typical dial-up and frame interfaces. Now that practically
everyone has an Internet connection, implementing SSL-Connect will
clearly allow our customers to benefit from improved operating efficiencies."
EdgCapture has evolved during the past 17 years
from a credit card processing application to an enterprise-wide
electronic payment-processing platform capable of handling high
transaction volumes. The scalability of its client-server design
allows EdgCapture to satisfy the requirements of both smaller merchants
and large multi-unit operations. EdgCapture R3.4 is available immediately.
For more information, contact Edgil Associates at 978-251-9932 or
email sales@edgil.com.
About AdStar, Inc.
AdStar, Inc. (Nasdaq: ADST, ADSTW), headquartered in Marina del
Rey, Calif., is a leading provider of remote advertising technology
products and services to the $20+ billion classified advertising
industry. AdStar transforms publishers' Web sites into full-service
classified ad sales channels for their print and online classified
ad departments. Since 1986, AdStar has set the standard for remote
ad entry software by allowing advertisers the ability to place ads
electronically with many of the largest newspapers in the United
States. Today, AdStar's infrastructure, through its private label
model, powers classified ad sales for more than 40 of the largest
newspapers in the United States, the Newspaper Association of America's
bonafideclassifieds.com (where ads can be placed in more than 120
newspapers), CareerBuilder, and a growing number of other online
and print media companies.
About Edgil
Based in North Chelmsford, Mass., Edgil is the industry's largest
supplier of automated payment processing for call centers within
more than 100 leading newspaper and magazine publications. Since
1984, Edgil has focused on providing publishing industry call centers
with payment-processing solutions that integrate directly with their
call center order entry systems. For more information, visit Edgil
on the Web at www.edgil.com.
Forward Looking Statements
This release contains forward-looking statements concerning the
business and products of the company. Actual results may differ
from those projected or implied by such forward-looking statements
depending on a number of risks and uncertainties including, but
not limited to, the following: historical business has already matured,
new online business is unproven and may not generate expected revenues,
and Internet security risks. Other risks inherent in the business
of the company are described in Securities and Exchange Commission
filings, including the company's annual report on Form 10-KSB. The
company undertakes no obligation to revise or update any forward-looking
statements to reflect events or circumstances after the date of
this release.
|
|
