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Arlington, VA | April 28, 2003
Javien Digital Payment Solutions, a leading provider of Internet credit card processing and billing for the online publishing market, has announced that the Kiplinger Washington Editors has selected them to provide the payment processing technology for Kiplinger.com premium archive purchases. Javien's hosted platform significantly reduces the complexity and cost of implementing and supporting high-performance payment systems for all types of digital content. Compared with high-end enterprise software solutions, Javien offers many of the same features but often at a much lower total cost of ownership and with greater flexibility and adaptability for the customers' evolving needs.
"We're pleased to be offering his new premium product to our customers," said Larry Fishbein, Director of Marketing and New Media at Kiplinger, "Javien was the most capable and cost-effective technology we could find." Kiplinger sells single articles from the magazine and newsletter's archive for $2.95 each and plans to introduce a menu of different pricing options, such as day, week and month passes as well as other types of product bundles.
"Javien is very excited to be selected as the payment provider of choice for Kiplinger," said Leslie Poole, CEO of Javien." "Working with such an established financial publication further reinforces our presence in the digital content market. Publishers as a group are now looking for ways to further leverage their brands online, so the demand for specialized payment solutions to meet their needs will increase as more content sites like Kiplinger successfully deploy premium content services."
About Javien Digital Payment Solutions
Javien Digital Payment Solutions, Inc. is a leading provider of fulfillment and payment services to the digital content market. The company's hosted service supports both subscription and pay-per-view models that allow online content providers to charge for articles, books, newsletters, reports, movies, music and more. Javien was recently named to Econtent Magazine's "Top 100 Companies to Watch" in 2003 among those that matter most in the digital content market. The company's clients include Forbes.com, Kiplinger.com, and Tax.org. For additional information, please visit the company's website at www.javien.com.
About Kiplinger.com
The Kiplinger Washington Editors, founded in 1920, offers personal finance and business forecasting guidance to millions of Americans. Kiplinger provides information in many formats: business letters, magazines, books, software, syndicated newspaper columns and the Internet. Kiplinger.com is the Web site gateway to all Kiplinger publications and products. Kiplinger's magazine has been providing millions of Americans with down-to-earth advice on managing their money and achieving financial security since 1947. Along with Kiplinger.com, it is a highly trustworthy source of information on saving and investing, taxes, credit, homeownership, paying for college, retirement planning, car buying and many other personal finance topics. For additional information, please visit the company's website at www.kiplinger.com.
Forward-Looking Statements
Certain matters discussed in this press release are forward-looking statements within the meaning of federal securities regulations. All forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual transactions, results, performance or achievements to be materially different from any future transactions, results, performance or achievements expressed or implied by such forward-looking statements. General economic conditions, competition, and governmental actions will affect future transactions, results, performance, and achievements. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that our expectations will be attained or that any deviations will not be material. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances.
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About Javien Digital Payment Solutions, Inc.
Since 2000 Javien's hosted ASP platform has been chosen by the nation's leading content providers to create online revenue streams. Inherently flexible and scalable, Javien's technology supports custom business rules and easily integrates with your web site so you can offer subscriptions, pay-per-view, downloads and micropayment purchases. From SMBs to the nation's largest providers, Javien has a solution that meets the needs of any size company looking for a way to maximize its e-business.
Linda Hagopian
Vice President, Marketing & Communications
Javien Digital Payment Solutions, Inc.
1616 Anderson Road, Suite 206
McLean, VA 22120
(703) 608-9554
linda@javien.com
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