HARTFORD, Conn., Feb. 1, 2001 (PRIMEZONE) -- TeleServices Internet Group Inc., also known as TSIG.com, today announced that it has signed an agreement to serve as the Internet Service Provider for eCharity, an international leader in charity support services, assisting a client base of more than 750 non-profits with 25 million individual donors.
Under the agreement, TSIG.com subsidiary GeneralSearch.com will customize a home page for each charitable organization and provide a backbone for the Internet Access. The Affinity Group will provide 24/7 customer service and handle all banking and credit processing. The charities will receive a generous per-donor, per-year contribution, and their donors receive full internet access for a $14.99 monthly fee.
"We are very excited about partnering with eCharity, since they are the leader in providing support services to charities," stated Scott Roix, CEO of TSIG.com. "They help non-profit organizations reduce their costs and increase the support they get from donors. Worldwide, eCharity and its affiliates processed over $300 million in charitable donations last year."
Added Ian Hughes, CEO and President of eCharity, "Non-profits have been looking for an Internet service provider that they can recommend to their donors. Together with TSIG.com, we are able to deliver a superior service at a superb price, with the final element of helping the charity."
"This is yet another step in fulfilling our corporate goals set forth by the new TSIG.com management team," observed Jeff Bruss, CEO of GeneralSearch.com. "The synergy between The Affinity Group and GeneralSearch.com has made it possible to create and implement high-profile programs and promotions that will produce recurring revenues to TSIG.com."
About eCharity
eCharity is a leader in charity support services. The company assists non-profit organizations in reducing their costs and increasing the support they receive from donors. The company was founded in Europe in 1996 and has become one of the world's premier non-profit service companies. In the U.S., eCharity works with organizations such as Junior Achievement, Save the Children and the ASPCA. eCharity currently services a client base of 750 non-profits and their 25 million individual donors. In 1999, eCharity and its affiliates processed over $300 million in contributions. eCharity is headquartered in Hartford.
About TSIG.com
TeleServices Internet Group Inc., also known as TSIG.com, is a Florida-based marketing and e-commerce company that focuses on the acquisition and retention of customers through marketing and promotional programs that utilize the most efficient technologies and distribution systems.
TSIG.com recently acquired The Affinity Group, a database marketing and sales company, and GeneralSearch.com, a family-friendly search engine with one of the most accurate search results on the Internet. These acquisitions give TSIG.com the technology and management expertise needed for effective consumer marketing, and the unique advantage of an end-to-end consumer marketing group. TSIG.com has marketing programs and distribution channels designed to acquire customers at a low cost, and then offer additional loyalty programs and content that will make those customers repeat buyers.
With a new management team, a focused business strategy, and experienced marketing and IT professionals, TSIG.com is poised to become a leader in providing traditional and e-business sales and services. The company's current corporate partners include Pennzoil and Coca-Cola. More information about the company is available at www.tsig.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company and its partners to execute their plans, (3) the ability of the company to finance its operations, and (4) other factors detailed in the company's public filings with the SEC.
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CONTACT: TSIG.com, St. Petersburg
Paul Henry
(727) 897-4036
phenry@tsig.com
Steven Kaston
(631) 784-7838
skaston@tsig.com
eCharity
Ian Hughes, CEO
(877) eCharity, (860) 548-1355, ext. 303
E-Mail: ian.hughes@echarity.com