INTR Subsidiary, Integrated Merchant Services, Reaches Credit Card Transaction Milestone With NOVA Corporation; Merchant Account Signings Increase During 3rd Quarter

Business Wire, Nov 8, 2000

Business Editors/High-Tech Writers

DELRAY BEACH, Fla.--(BUSINESS WIRE)--Nov. 8, 2000

Integrated Merchant Services, a subsidiary of Interactive Technologies.com, Ltd. (Pink Sheets:INTR), today announced it reached a transaction milestone of 28 million credit card transactions per month for its merchant accounts processed through NOVA Corporation (NYSE:NIS), a business information and payment processing service. The announcement comes on the same day that NOVA gained more than six percent after reporting better than expected quarterly results and announced a buyback program.

Integrated Merchant Services offers a complete line of bankcard processing services for merchants, which includes acceptance and processing of all major credit cards, both face to face and e-commerce sales. Additional services include check verification, debit card processing and ATM machine sales, and IMS' most recent Internet payment gateway that allows a merchant's Web site process or authorize a transaction that is not Internet related, thereby eliminating the cost of the traditional credit card terminal hardware.

According to William Becker, CEO of INTR, IMS anticipates a significant increase to its merchant portfolio, generating in excess of 87 million additional credit card transactions per quarter.

"We have created a complete solution for merchants accepting credit cards for their products and services over the Internet," said Becker. "Offering this one-stop solution to our merchants positions our company to take advantage of this emerging sector."

About NOVA Corporation

Nova Corporation headquartered in Atlanta, GA, manages and transports payment and other business information on behalf of retailers, community bankers and regional financial institutions. NOVA specializes in providing integrated credit and debit card payment processing services, related software application products and value-added services to more than 500,000 merchants in the U.S. NOVA merchant accounts typically include small-to-medium sized merchants requiring a full spectrum of processing services. For more information on the company, visit www.novacorp.net.

About Interactive Technologies.com, Ltd.

Interactive Technologies.com, LTD. ("INTR") owns a variety of synergistic subsidiaries that complement each other. United Interactive Technologies, Inc. ("UIT Net.World"), is a development and hosting company that creates software and hosts all of the INTR subsidiaries products and services. Web Classified.net ("WCI"), is a provider of auto-generated high-technology Web sites in an Internet yellow page-like format. Integrated Merchant Services ("IMS") provides merchants the ability to accept credit cards, debit cards, smart cards and check transactions through the Internet. IMS specializes in issuing E-commerce merchant accounts. Express Financial Corporation ("EFC"), an online mortgage company that represents more than 70 direct lenders offering all types of both residential and commercial financing. GKB Software/FattyDaddy.com ("FattyDaddy.com")is developed and hosts an Industry Specific Food Portal, incorporating a variety of products and services related to the food industry, one being Takeout and Delivery on-line. JoinUsOnline.com, Inc., formerly Ubuy.com, Ltd ("JUOL") is a ten year-old online membership benefit and service company that offers over 30 different money-saving online benefits and services to consumers, businesses, employees, fund raising organizations and large associations and their members. Through the agreements it has with its various member organizations, JUOL has access to over 29,000,000 households and 1,500,000 businesses. For additional information, please visit the company's investor Relations Web Site at http://www.intrinfo.com.

This release contains forward-looking statements which are based on current information available to management and which are subject to other important factors disclosed, including specifically, among other factors, changing market and economic conditions.