Corporate Announcement

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Merchantspace Integrates Beanstream Payment Services.

VICTORIA, BRITISH COLUMBIA, CANADA - January 19th, 2004

Ekkon Technologies, the developers of MerchantSpace, the leading mid-market e-commerce solution for the J2EE platform, and Beanstream Internet Commerce Inc., the nation's leading electronic payment and authentication solutions provider, today announced a strategic partnership and the launch of a tightly integrated electronic commerce and payment solution. Ekkon Technologies's award-winning e-commerce platform, has been integrated with Beanstream's Web-based merchant application and payment gateway. The integrated solution provides full-scale functionality for establishing automated merchant account, payment processing and e-commerce services.

"By teaming with MerchantSpace, a leader in their space, we're doing much more than adding value to our suite of electronic payment solutions - we're enabling our merchants to utilize an enterprise capable e-commerce platform," said Craig Thomson, CEO and President of Beanstream Internet Commerce Inc.. "The joint offering presents a clear, compelling solution for companies that want to deliver a complete package of branded e-business services to their SMB customer base."

MerchantSpace is a mid-market Java shopping cart solution that enables businesses to receive the key benefits of enterprise e-commerce software without the enterprise price tag. MerchantSpace provides a framework for the development of a highly customized B2B or B2C Java shopping cart / Java e-commerce application. In addition, it includes Java components for product catalogs, merchandising, promotions, customers, orders, shipping, tax, and payments.

About Ekkon Technologies

MerchantSpace was developed by Ekkon Technologies, an advanced Java e-commerce company. Located in beautiful Vancouver, British Columbia, Ekkon is a privately-owned Canadian corporation that has helped deliver significant value to many satisfied customers across North America and Europe including 1-800-GOT-JUNK?, A&W Restaurants, and Scott USA.

About Beanstream Internet Commerce Inc.

Beanstream Internet Commerce Inc. is a leading Canadian electronic payment and authentication solutions provider. Services include merchant account enablement, credit card processing, electronic funds transfer, automated clearinghouse payment processing and credit score and authentication services for both e-commerce and traditional brick and mortar businesses. Beanstream provides a wide selection of products from simple payment gateway services to full end-to-end e-commerce solutions.

Beanstream solutions work with all Canadian and US financial institutions and have been selected by more than 5000 businesses across North America. Beanstream is headquartered in Victoria, British Columbia.

Beanstream Contact:

Chris Koide
Chief Operating Officer
Tel: 250-472-2326
ckoide@beanstream.com
www.beanstream.com