Strategic Profits Inc. Releases Beta Version 1.0 of Virtual Point of Sale Terminal

VANCOUVER, B.C.--(BUSINESS WIRE)--April 19, 2001--Strategic Profits Incorporated, ("SPI") has released their beta version 1.0 of its Virtual Point of Sale Terminal software. SPI will have the basic batch virtual POS terminal and recurring credit card batch software ready for final release by May 7, 2001. SPI has been a secure payment service provider since 1997, and provider of e-solutions since 1994.

The Virtual Point of Sale Terminal (VPOS) was created to enter information for one-time transactions to be processed by the processing server. Merchants require this convenient interface to process one-time transactions in bulk. SPI's recurring credit card transaction batch program is complemented by the VPOS functions, which can handle a large number of one-time only transactions. For merchants who prorate the first or last payment of a series of payments (such as a subscription or ongoing service contract). This eliminates the need to use two different interfaces to process the customer's credit card. This also provides a convenient means for merchants who manually process large numbers of payments to rapidly enter the payment information for all of their payments and then submit the batch for processing by our payment server, thereby speeding up the process by eliminating the need to connect to the authentication host for each individual payment.

The Virtual Terminal interface is almost identical to the Batch Processing interface, with the exception of Payment Period information. All transactions in the Virtual Terminal batch are only processed once after being uploaded to the payment-processing server. After they have been processed, the results are viewed using a secure Web interface as a part of the Batch Processing Reports functions.

This system will work in conjunctions with SPI's existing Verifone Payworks 3 payment engine and become part of the PayPaq(TM) stable of payment applications.

"This VPOS application will provide merchants with a simple, single interface for all of their credit card transaction processing needs." says Catherine Clarke, President and CEO of Strategic Profits, Inc., "Merchants can now realize the following benefits: less manpower -- as re-keying credit card data is no longer required; less errors -- data is only input once; better record keeping - management reports are built in; sensitive data can be kept within one secure and encrypted application."

About Strategic Profits, Inc.

SPI has been providing Internet commerce solutions to small and medium enterprises, not-for-profit and charities since 1994 including secure credit card transactions since 1997. SPI provides full Internet service offerings including online education, web hosting and design, Internet marketing, secure shopping cart and payment order systems, as well as secure payment transactions through Moneris Solutions and through out North American with GPS. Secure cash transactions are available through their partners, Hyperwallet.com! In 1998 SPI launched the communitystorefronts.com e-commerce pilot with their consortium partners Industry Canada, Royal Bank of Canada. Today, communitystorefronts.com is a fully commercialized portal offering online shopping, fundraising, and turnkey e-commerce solutions. http://www.strategicprofitsinc.com. Feb. 1, 2001 SPI, HP (Canada) Ltd. and TELUS announced an alliance to deliver a new generation secure Internet-based credit card payment service...PayPaq(TM)!

For further information about Strategic Profits Inc.

Catherine Clarke
Strategic Profits, Inc.
(604) 684 5671 or
email: cc@strategicprofitsinc.com
www.strategicprofitsinc.com

For more information about Global Development Group Contact:

Gerard Van Der Berg
Managing Director
Global Development Group
Phone: (613) 228-5695
Fax: (613) 226-5777
Gerard@kcenter.com



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