PSiGate and iQmetrix enter into partnership agreement

October 19, 2001 - Today, iQmetrix announced it's partnership with Payment Services Interactive Gateway Corp (PSiGate). This partnership will allow mid-market businesses to take advantage of the iQmetrix suite of Web-based, eCommerce/ eBusiness solutions and PSiGate's payment gateway and merchant services. Under this agreement iQmetrix will integrate PSIGate's industry leading Payment Manager into their iQcommerce eCommerce Software Product.

PSiGate specializes in the integration and deployment of Internet-based, eCommerce payment gateway solutions that enable the automated, secure exchange and transmission of electronic data for the purpose of fulfilling orders and payments and obtaining credit card authorizations. In addition, PSiGate offers the mid-market businesses that use the iQmetrix solution access to a wider range of financial institutions in both Canada and the United States, providing them with merchant accounts for VISA and MasterCard at a more affordable rate and with a lower barrier to entry than most traditional eCommerce providers.

With its industry-leading SSL encryption and integration into leading edge product like iQcommerce, PSiGate significantly reduces traditional barriers to adoption. The iQmetrix solution helps eliminate remaining barriers by including all of the capabilities that are vital to a successful eBusiness, from the creation of a professional website to secure credit card processing with PSiGate's payment system. With the combination of iQmetrix software and PSiGate, merchants no longer have to worry about security, downtime, or correct transaction settlement processing.

About iQmetrix
At iQmetrix We develop intelligent eBusiness software for the new economy. Our iQmetrix solution becomes your business, making sense out of the complexities of your business model, enabling you to manage it all together, cohesively and to the benefit of your customer. The iQmetrix modular eBusiness solution is as individual as each business that utilizes it. It is accessible anywhere, anytime to maximize ease of operation and efficiency.

About PSiGate
Payment Services Interactive Gateway Corp. (PSiGate) empowers businesses on the Internet by providing secure, cost-effective and trusted eCommerce solutions. PSiGate provides an easy and seamless interface to new or existing online commerce enterprises, offering a reliable means of real-time payment collection and financial transaction processing. Management services include automated shipping calculations, fraud screening, and financial account reporting. PSiGate also provides VISA, MasterCard and American Express Internet Merchant Accounts (Merchant IDs) for Canadian-based businesses and companies wishing to enter into the Canadian marketplace.