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Commerce Online Announces Initial Launch of 800Commerce.com

Posted : Wed, 04 Nov 2009 14:52:05 GMT
Author : Commerce Online Inc.
Category : Press Release
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-Company to unveil first certified B2B social networking and business directory search engine offering bundled services PALM BEACH, Fla., Nov. 4

PALM BEACH, Fla., Nov. 4 /PRNewswire-FirstCall/ -- Commerce Online Inc. (Pinksheets: CMIB) (www.800commerce.com), a leading company specializing in both bricks and mortar and online merchant payment solutions, today announced the initial launch of its certified B2B portal www.800Commerce.com. The first of its kind social networking and certified online business directory will offer a bundled package of merchant services for bricks and mortar and online business including website development, hosting, merchant processing through its alliance network, and online marketing through the Google AdWords program. Programs will start at $49.00 a month, where new online or existing businesses will be provided a customized website, hosting, credit card services, online marketing and traffic through the social networking and certified business directory.

"We believe that www.800Commerce.com will become a leading destination for business services for both start-up and existing businesses online. According to the Yankee group, close to 5 million small businesses in the US alone don't yet have a website. Through 800Commerce.com, a business can be operating within three days through a new website, hosting, accept and take credit card transactions, and can cut costs of customer acquisition by being part of our certified business directory. CMIB is in a unique position to actually certify all our 800Commerce.com merchants within the directory and ensure a quality customer experience and guarantee satisfaction of products and services by our vendor listings, as 800Commerce.com will seek to provide merchant and credit card services to all business listings, knows their credit worthiness through our screening and application process, and will release customer funds only upon verified financial transactions," stated B. Michael Friedman for Commerce Online. We are looking at a strong residual income model just for listings alone, add income from merchant services and credit card transaction fees through our alliance program, and larger online marketing budgets from our business listings at their request, and it becomes clear that we expect 800Commerce.com to be a major driving force and revenue generator for CMIB," added Friedman.

About Commerce Online Inc.
Commerce Online Inc. (www.800commerce.com) is positioned to become a market leader in both online and wireless merchant payment solutions. The Company offers a full spectrum of secure and reliable transaction processing solutions using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) terminals in conjunction with Industry Alliance Partners. The Company's Alliances provide electronic payment processing suite of services enabling merchants to accept all major credit and debit cards, as well as ATM cards and ACH check drafts for payment whether a retail, service, mail-order or Internet merchant. As an industry leader, Commerce Online is dedicated to delivering comprehensive services, such as merchant account activation, gateway connections, Web development and social network engines to a worldwide client base.

Disclaimer:
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the closing of the Letter of Intent. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the numerous inherent uncertainties associated with completing a reverse merger transaction; (ii) obtaining regulatory approval in a timely manner; and (iii) changes in general economic and business conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our future financial reports and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Commerce Online Inc.
561.868.6880
800-Commerce
Email Contact
info@commerceonlinemedia.com

SOURCE Commerce Online Inc.


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