InternetCash Gains Ground On CreditCards.

Business Editors/High-Tech Writers

NEW YORK--(BUSINESS WIRE)--May 17, 2000

InternetCash(TM), the Only Alternative for Shopping Online Without a

Credit Card, Gains Access to Tens of Thousands of Merchants through

Partnerships with Industry Leaders

InternetCash Corporation (http://www.internetcash.com), the only company to offer an alternative to credit cards for online shopping, today announced that it has partnered with the top e-commerce package providers and storefront hosts to offer online merchants a turnkey solution for accepting InternetCash.

The InternetCash Merchant Tool Kit has been developed for the following software packages: IBM NetCommerce 3, Intershop3, Allaire ColdFusion, Microsoft Site Server w/Commerce3, LaGarde Storefront 2000, Smith-Micro Web Catalog 4, Mercantec SoftCart 5. Additionally, InternetCash has partnered with leading e-commerce storefront hosts like Americart and Freemerchant.com as well as payment processors like Plug'nPay, to bring InternetCash functionality to the thousands of hosted storefronts on the web.

"By partnering with Industry leaders, we are rapidly closing in on our goal of making InternetCash a universal online tender type, right there next to Visa and MasterCard," said Charles Doherty, CEO and co-founder of InternetCash Corporation. "InternetCash is the only way the next wave of online consumers can participate in e-commerce."

How InternetCash Works

InternetCash is a simple, pre-paid stored value card. The cards are available for purchase at brick-and-mortar retailers or online at http://www.internetcash.com. By simply logging on to the InternetCash's Web site (http://www.internetcash.com), InternetCash cards can be activated and immediately used for online shopping at over 200 online merchant sites including TWEC.COM, ArtistDirect.com, Sunglasshut.com, Overstocked.com and more. InternetCash is private, anonymous and never requires users to provide any personal information. InternetCash eliminates the need to send personal credit card information over the Internet while simultaneously erasing the online merchants charge-back exposure.

About InternetCash Corp.

InternetCash Corp. was founded as a financial technology company in February 1999. The company's focus is on developing "best of breed" e-commerce consumer products, and payment and transaction infrastructure solutions for the Internet. InternetCash, the company's flagship product, is the only alternative to credit cards available for shopping online today. Headquartered in New York City, the privately owned company has received funding of over $12 million to date. Investors include Silicon Valley venture capital firm El Dorado Ventures, as well as private investors D. James Bidzos, co-founder and chairman of the board of VeriSign and Daniel Lynch, co-founder and former chairman of the board of CyberCash. InternetCash.com's board of advisors includes Professor Ronald Rivest, Ph.D., co-founder of RSA Data Security. For additional information, visit the company on the Web at http://www.internetcash.com.

Note to Editors: InternetCash is a trademark of InternetCash Corporation. All other products and company names referred to herein may be trademarks or registered trademarks of their respective companies or mark.