SpecialSecurities on Sun, 18 Nov 2001 13:16:01 +0100 (CET)


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[Nettime-bold] FSTI Will Change The Way You Buy Online WEUTCD


 
Nov. 14th, 2001
Special Situations Investment Opportunities

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Have a look at our next profile: we're sure to deliver you a solid company once again! 

Our new pick is Freestar Technologies, Inc. 

(OTCBB: FSTI)

Current Price: $0.
36 


30 Day Target Price:
$1.00

 

A Revolutionary Concept


Do you feel safe when making online purchases? Probably not.
  
According to Forrester Research, two-thirds of Americans worry about the misuse of personal information submitted online.
  In fact, Forrester estimates that these fears caused Americans to spend an astounding $12 billion less online than they might have otherwise!

A recent article featured on CNET.com stated that:
"Online retailers are losing nearly half of their potential sales because many consumers are simply afraid to shop on the Internet. Half!"

 
This article goes on to state that:
"The good news for merchants is that the tools they need are available today. Now it's time to deploy them and market them."

Tonight we present to you a company doing just this. FSTI's Enhanced Transactional Secure Software (ETSS) a cutting-edge software package that, when bundled with FSTI's PaySafeNowÿFFFFA9 system, allows internet users to make online purchases without having to worry.  

You will be the one to directly swipe your card through a home-based device connected to your computer. Throughout each transaction, you will have complete comfort in the knowledge that your account data is neither seen nor stored by the merchant. Quicker and safer.

Businesses will no longer need to worry about eating the cost of fraudulent payments - since
ETSS immediately links the customer's payment information to his/her bank, the merchant will know about any and all fraudulent transactions right away.

This revolutionary concept has caught the eye of the technology world.  Read more about numerous exciting developments below.

 

Key Investment Highlights


  FSTI makes significant leaps forward: every one of 
  these developments has been annouced within just the past 30 days.
  • FSTI has teamed up with SSP Solutions (Nasdaq: SSPX), to create the first fully secure Internet ATM transaction solution available. SSP Solutions is currently demonstrating this product at COMDEX in Las Vegas, one of the world's largest technology shows." SSPX will also market and sell Freestar's ETSS software first in the United States and then in other parts of the world. 

  • On October 23rd, FSTI announced that a cash deposit of US$900,000 has been transferred to the company. This will be used to pay part of the costs to produce 66,000 card readers, a key step in the implementation of the Company's PaySafeNowÿFFFFA9 System. The card reader hardware units will be distributed and resold to Freestar's clients pursuant to existing contracts in place.

  • This $900,000 payment will also allow FSTI to expedite the first phase of its contract with Banco Nacional de Credito to distribute 30,000 PaySafeNow units into the marketplace.

  • FSTIÿFFFF92s PaySafeNowÿFFFFA9  with ETSS is endorsed and certified by Banco Nacional de Credito, a division of the National Financial Group (GFN), a principal financial institution in the Caribbean and Latin American region.

  • On October 30th, FSTI announced the signing of a revenue-sharing contract with Credulus Systems International to market credit analysis systems and services to the financial services industry in Latin America.

  • On November 12th, FSTI was approved for listing on the Frankfurt Stock Exchange. The stock is now trading in Europe under the ticker symbol FRX.FSE.  All European investors now have access to Freestar Technologies, as stock may be purchased in Euros on the Frankfurt Exchange.  The German-speaking market represents over 100,000,000 people, many of whom are active in the world financial markets.  With the increasing number of international requests for its system, this represents a tremendous opportunity for FSTI to expand its global reach.

     

Stay Tuned for More

  
      These major developments were all announced within the 
     past 30 days. The company is clearly expanding its presence at 
     a rapid pace.
Stay tuned for more positive developments 
      over the days and weeks to come.

A Final Word


 
ÿFFFF93Due to the explosive growth of e-commerce, it is only logical  
  that
fraudulent activity on the Internet will experience similar 
  growth and todayÿFFFF92s sophisticated consumer has a right to be 
  concerned about issues such as security, fraud and privacy 
  while online
.ÿFFFF94
    -US Internet Fraud Authority

  
The numbers don't lie.  People are worried about making purchases 
  online. Businesses worry about consumer fraud.  FSTI's
PaySafeNowÿFFFFA9    
  with ETSS offers the world a new, safer and more efficient way to 
  conduct transactions online.
FSTI's most recent announcements have 
  been nothing short of impressive.

 
With:

  • Incoming cash flow

  • A backlog of purchase agreements 

  • Numerous marketing and distribution arrangements

  • An international stock exchange listing

  • And other impressive relationships...

 FSTI is certainly worth a closer look at its current price of 
 just  36 cents per share.


  For more information, visit www.ePayLatina.com


DISCLAIMER: This press release may not contain the full text of the press release or report issued by or about the named companies; moreover, although the summary herein is derived from, and subject to all disclaimers contained in, the press release as provided to us by third party sources believed to be reliable, we make no representation or give any assurance as to the accuracy or completeness of either the summary contained herein or the material upon which such summary is based; accordingly, all information contained herein about such companies should be independently verified by you. We are not an investment advisor and do not purport to suggest which companies our Subscribers should monitor, purchase or sell. This release is not intended to convey any investment advice. Special Situations Investment Opportunities is a financial advisory network focusing on high-growth companies with the intent to offer its subscribers a great investment reward. It has the policy to acquire existing small newsletters, is not affiliated with any broker or dealer and is not a registered investment adviser. In compliance with the Securities Act of 1933, Section17(b), Special Situations Investment Opportunities discloses the receipt of thirty thousand unrestricted shares of FSTI  from a third party for the publication of this report.  Beware of an inherent conflict of interest due to our intent to profit from the liquidation of these shares. The information contained in this publication is for informational purposes only and is neither an offer to sell nor a solicitation of any offer to buy securities. Investment in smallcap companies is considered extremely speculative and may result in the loss of some or all of any investment made in these companies. Special Situations Investment Opportunities may hold positions in FSTI before, after, or during the dissemination of this profile and reserves the right to liquidate part or all of any positions held at any time.  Special Situations Investment Opportunities  is not in any way responsible for any profits or losses resulting from acting upon this publication. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured company in order to allow the investor to form his or her own opinion regarding the featured company. Investors should not rely solely on the information contained in this publication.  Special Situations Investment Opportunities does not accept any liability for the accuracy of the facts presented in this publication. Factual statements contained in this publication are made as of the date stated and are subject to change without notice. Readers of this publication are cautioned not to place undue reliance on forward-looking statements, which are based on certain assumptions and expectations, that may or may not actually occur, and involve various risks and uncertainties, that could cause results to differ materially from those set forth in the forward-looking statements. 

 

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