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Press Releases

3/1/2000

Uniscape and Planet Payment Announce Strategic Partnership

Web Site and Currency Localization Leaders Join Forces to Simplify Global ECommerce Across Global Boundaries

UNISCAPE AND PLANET PAYMENT ANNOUNCE STRATEGIC PARTNERSHIP

INTERNET WORLD ASIA, SINGAPORE, MARCH 1, 2000 -- Uniscape (www.uniscape.com), the leader in Web globalization solutions for ebusiness, and Planet Payment (www.uniscape.com), the leader in providing global payment solutions for an e-world, today announced a strategic co-marketing agreement which brings together two critical technologies to address the localization needs of e-marketers worldwide when faced with multiple languages and currencies.

"This agreement is a significant step in Planet Payment's stated strategic plan to become the global leader in providing multi-currency credit card payment solutions to merchants and financial institutions," said Philip Beck, CEO of Planet Payment. "We are very excited about our developing relationship with Uniscape because of their leadership in global Web site localization for the Internet economy. Planet Payment's merchants, who have committed to implementing multi-currency payment processing, will all find Uniscape's multilingual localization services of immense value; similarly, a large number of Uniscape's customers will naturally require multi-currency capability to round out their localization efforts."

Globalization, which encompasses technology internationalization, content localization and multiple currency exchange, is the key to success for the new global merchant. Both companies are focused on globalization: Uniscape on language and technology for multilingual Web sites and ebusiness solutions; Planet Payment on currency. Today 78% of all Web sites are still in English only, even though 92% of the world's population speaks a language other than English. By 2003, more than 60% of all Internet users will reside outside of the U.S. and more than half of the 1 trillion dollars transacted in e-commerce will occur internationally. For this reason, 32% of all companies regard multilingual initiatives as central to their e-commerce strategies.

"Planet Payment and Uniscape offer complementary solutions that enable companies to create truly global ebusinesses," said Alex Pressman, president of Uniscape. "Our partnership will combine Uniscape's multilingual ecommerce and Web expertise with Planet Payment's multiple currency processing capabilities to provide companies with a complete globalization solution."

About Uniscape.com

Uniscape is the leader in multilingual solutions for ebusiness, providing globalization technologies that empower ebusiness across 42 different languages. More than 100 global companies have relied on Uniscape's technologies to globalize their Web sites, ecommerce solutions, and enterprise content. Uniscape's broad range of sophisticated globalization solutions include: an online localization management solution, an open marketplace of worldwide localization providers, and Web globalization technologies that drive down the cost and time to market in reaching global customers. Customers include: Hewlett Packard, Lycos, Commerce One, Vignette, GE Information Services, Phone.com, PeopleSoft, Oracle and Broadbase Software. For more information about Uniscape's solution, call (888) 464-4186 or (650) 596-1430 or visit Uniscape on the Web at (www.uniscape.com).

About Planet Payment

Planet Payment (www.planetpayment.com) provides ebusinesses - anywhere - with the ability to accept credit cards online, in real-time, in almost any currency. To get up and running, ebusinesses need a credit card merchant account and secure payment gateway. To maximize the global opportunity presented by ecommerce, merchants will need to accept payments in multiple currencies. Planet Payment's affordable solution enables Internet merchants to accept Visa®, MasterCard®, and American Express® credit cards and is compatible with most shopping cart technologies using its state-of-the-art payment gateway powered by Authorize.Net (www.authorize.net).

Uniscape Contact:
James Owens
Director, Corporate Communications
(650)596-1430 x344
jowens@uniscape.com

PR Counsel: Maria Vetrano
(617)497-0626
maria@vetrano.com

Planet Payment Contact:
Mitch Leventhal, Ph.D.
VP Strategic Planning
Direct Phone (703)295-9308
mitchlev@planetpayment.com

PR Counsel: Gary Galati
(212)980-5800
ggalati@emarketer.com