Article: Magnet Communications to Provide Internet Business Banking Solutions for Independence Community Bank.

Business Editors

ATLANTA--(BUSINESS WIRE)--March 20, 2002

Hosted Business Banking Platform Allows Mid-Level Banks

to Grow Business Customer Base

Magnet Communications, Inc., The Internet Business Banking Authority, announced today that Independence Community Bank Corp. (Nasdaq: ICBC) of New York City has selected the Magnet Internet Banking Suite to support its new online banking strategy that targets small to medium sized business customers.

The Magnet Internet Banking Suite is a Web-based solution that provides rich cash management and business banking services from a single platform.

Independence Community Bank ...

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