PaymentNet™ Service Now Bundled With Miva Applications Engine and E-Commerce Storefront Package

Los Angeles, CA . - April 13, 1999 - PaymentNet™ (www.paymentnet.com), and Miva(R) Corporation announced today that the two companies have completed the integration of the PaymentNet transaction processing service with Miva Empresa™ , an application engine that includes a powerful XML scripting language (Miva Script), and Miva Merchant™ , an electronic storefront development and management system. This integration gives merchants and developers using Miva technology easy access to powerful, highly reliable back office transaction processing services over the Internet.

"PaymentNet’s service is exceptionally easy to integrate, making it ideal both for e-commerce businesses, and the Web developers who support them," said Joe Austin, founder and president of Miva Corporation. "Just as importantly PaymentNet’s platform is based on a leading edge architecture that delivers reliable, secure, high performance processing."

"Miva and PaymentNet are a good fit because we both make ease of development, integration and deployment a top priority. We expect our joint solution to be well received among both Web developers and e-commerce businesses," said Philippe Courtot PaymentNet Chairman and CEO.

Miva Merchant is browser based which dramatically simplifies the implementation of dynamic data driven storefronts with integrated shopping basket, catalog, hierarchical categories, product search, and order processing capabilities. Users have the choice of using Miva Merchant’s built-in templates to quickly implement an e-commerce site, or customize the look and feel of their electronic storefront by manipulating the application’s source code (Miva Script).

-- Separately today, PaymentNet, Miva, Cobalt and Thawte Certification announced completion of a collaborative integration project to deliver easy-to-manage, scalable and secure e-commerce solutions, hosted on Cobalt RaQ™ products. --

About Miva Corporation

Founded in 1996, Miva Corporation (formerly Htmlscript Corporation) is a leading provider of systems for business users to create and manage commerce sites and data driven Web sites using only a Web browser. The company’s products are open and allow developers to script sites using the popular SML-based scripting language, Miva Script. Since its inception, Miva Corporation has provided its customers with easy-to-use technology that scales to tens of thousands of virtual domains per system. For more information, contact: Miva Corporation, 2629 Ariane Dr., San Diego, Calif. 92117. Phone (619) 490-2570; Fax (619) 490-0548; Web site: http://www.miva.com.

About PaymentNet

PaymentNet is a leading e-commerce transaction processing service. The service provides secure, Internet-based transaction and payment processing for a broad range of businesses that sell goods and services through a variety of e-commerce media. It offers industry-leading automation and customer care with its high-reliability credit card, debit card, and electronic check processing services.

The PaymentNet service is based on a scalable, secure TCP/IP architecture that automates the processing of multiple payment instruments. It leverages the Internet as a virtual private network between PaymentNet’s proprietary transaction processing server and individual clients dispersed on Internet and Intranet locations. The service is pre-integrated with many leading "shopping carts" and integrates easily with e-commerce front-ends of many types.

The service has been deployed across a wide range of businesses with excellent results. Notable customers include CBS SportsLine, EC Direct, Network Solutions, Inc., Value America, and Virtual Vineyards.

PaymentNet is headquartered in Pleasanton, California, and can be found on the Web at www.paymentnet.com. Contact PaymentNet corporate offices at 925/225-1670.

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PaymentNet is a trademark of PaymentNet, Inc. All other trademarks are property of their respective owners.

PaymentNet Contact:
Scott Collison
PaymentNet, Inc.
(925) 598-1106
scollison@paymentnet.com