Article: Magnet Communications Sees Bright Future; As More Banks Offer Internet Business Banking, Demand for Technology Grows.

Business Editors/Hi-Tech Writers

ATLANTA--(BUSINESS WIRE)--Aug. 21, 2001

A pioneer of Internet business banking, Magnet Communications, Inc. (www.magnetbanking.com), continues to see an increase in the number of banks offering online banking to business customers.

Magnet was the first company to offer digital signatures for online ACH (Automated Clearing House) transactions as well as a comprehensive Web-based cash management suite. Magnet continues to lead the market in offering innovative business banking solutions.

Now into its sixth year, Magnet's customer base has grown to over 30 banks. The company continues to offer a full suite ...

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