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Dittybase Signs with Paymentech for Online Commerce
Boynton Beach, FL – May 21, 2001 – Dittybase America has announced its
enlistment of Paymentech, the nations leading acquirer and
processor of credit card transactions. The alliance provides
credit card and payment processing solutions within dittybase.com, Dittybases online
search, audition, project manager and licensing
solution. Paymentechs credit card
processing services will allow dittybase.com's
US customers to complete secure transactions online.
Paymentech offers dittybase.com's clients the ability
to purchase their music and receive the required documentation faster then ever
before, said Jason Stevenson,
Vice-President of Operations at Dittybase. Paymentech's processing services are key to Dittybases goal
to being the one-stop shop for all audio needs for multimedia users across the United States.
About Paymentech
Dallas-based Paymentech, the payment solutions company, delivers secure and reliable
electronic payment services in merchant acquiring and point-of-sale transaction processing.
Paymentech ( www.paymentech.com) processed approximately 3.4 billion transactions and $109 billion
in bankcard sales volume in 2000. Founded in 1985, the nations premier processor and acquirer
of credit card transactions is also the leader in non-face-to-face payment processing for Internet and
direct marketing.
About Dittybase America
Dittybase America, incorporated in Boynton Beach, Florida is a U.S. affiliate of Dittybase Inc., based in Victoria, British Columbia, Canada.
Dittybase Inc. provides an unparalleled and comprehensive package
of software and online services that enable creative enterprises to acquire and manage digitized production
music. Information on Dittybase can be found on the World Wide Web at www.dittybase.com
Press Contact
Blake Fallis
V.P. Corporate Development, Dittybase Inc.
phone 250.381.8780 Blake.Fallis@dittybase.com
The information contained herein, while obtained from sources that are believed to
be reliable, is not guaranteed as to accuracy or completeness.
Investors are cautioned that this press release may contain forward-looking statements, that are based
upon current expectations, but which are not strictly historical in nature, including, without
limitation, statements containing forward-looking comments about future results, management’s plans and
objectives for future operations, current or future financial performance, management’s assessment of
market factors, prospects and opportunities. Dittybase Inc. has tried to identify these forward-looking
statements by using words such as “believe,” “expect,” “anticipate” and similar expressions. The
forward-looking statements in this release do not constitute guarantees of future performance. The
forward-looking statements and comments in this news release are made pursuant to the safe harbor
provisions of the Securities and Exchange Commission Act of 1934.
Certain statements, which describe the Company’s intentions, expectations or predictions, are
forward-looking and are subject to important risks and uncertainties. Actual results could differ
materially from those projected in the forward looking statements as a result of various risks and
uncertainties including, among others, the timely introduction and acceptance of new products, the
impact of rapid technological and market change, competitive factors, the ability to obtain timely
financing, costs associated with new product introductions, the transition of products to new hardware
configurations and platforms, general industry and market conditions and growth rates, currency exchange
rate fluctuations, the impact of consolidation in the technology industry, interest rates, international
growth and global economic conditions, particularly in emerging markets and other factors. This press
release should be read in conjunction with the Company’s most recent business plan and filings with the
appropriate regulatory bodies, which contain a more detailed discussion of the Company’s business
including risks and uncertainties that may affect future results. Dittybase Inc. undertakes no
obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or changed circumstances or for any other reason.
This document is for information only and does not constitute an offer to sell or a solicitation to buy
the securities of the corporation. The corporation’s securities have not been and will not be registered
under the United States securities act of 1993, as amended, and, subject to certain exception, may not
be offered or sold within the United States.
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