VANCOUVER, B.C.--(BUSINESS WIRE)--Jan. 12, 2001--Strategic Profits Inc. ("SPI"), a secure payment service provider since 1997, today announced the launch of an official, electronic tax receipting (e-receipts) service for SPI's charity customers.

Registered Charities can now replace paper tax receipts with electronic tax receipts for donations made online. SPI worked very closely with the Canada Customs and Revenue Agency ("CCRA"), formerly Revenue Canada, and charitable organization customers in developing this technology. The SPI e-receipt service meets, or surpasses, all of the CCRA requirements for issuing official receipts for income tax purposes. The implementation of SPI's e-receipting service will provide significant cost saving to charities, by reducing postage charges and staff processing time.

E-Tax Receipt Procedure

When a donor makes an online donation to a charity using the service, the donor will receive their official e-receipt as a PDF file attachment to their donation confirmation email. In order for this type of receipt to be official and legally issued, the Canada Customs and Revenue Agency, (the Canadian governments equivalent to the United States Internal Revenue Services), requires that all e-receipts must be in an unalterable file format while being identical to the charities current paper receipts. The PDF file format gives the security and flexibility required along with the added convenience of having free PDF viewing software downloadable through links on the charities own site or directly from the confirmation email containing the e-receipts. The Canada Customs and Revenue Agency requires that links to a PDF reader must be provided on participating charities web sites and within the donation confirmation email. SPI technology also sends a copy of the e-receipts to the charity for its own records or to resend should the donor lose or delete the e-receipt file or be unable to print it.

Included as a feature of the e-receipting package, is custom and personalized thank you letters as part of the donation confirmation email. SPI adds a personalization to their e-receipting service, which helps charities save time and money by eliminating the cost associated with staff writing personalized thank you letters, or notes to the donor. Another unique feature of this e-receipting package is an online donation receipt reconciliation reporting system. This feature provides charities with an off site secure reconciliation report that allows instantaneous reconciliation between the charities records of donations and their receipt numbers.

"Our goal is to help charities tap into the power of Internet opportunity while reducing their administration costs by providing affordable, quality e-commerce solutions," said Catherine Clarke , President and CEO of Strategic Profits Inc. "Our unique not-for-profit and charity program allows these organizations to accept credit card and cash donations securely online at significant savings. Our e-tax receipting program provides charities with additional and significant costs savings that they require to further their programs while increasing efficiencies in serving their donors."

CARE Canada

"We subscribe to other charity portals offering an e-receipting service for online donations however, this one is in a class by itself," said Brad Robeson, Corporate and Community Relations for CARE Canada. "The personalization and customization adds that personal touch that most online services fail to recognize. As well the costs are significantly cheaper then less sophisticated services."

About Strategic Profits Inc.

Strategic Profits Inc., with offices in Vancouver and Ottawa, Canada has a unique full service offering for SMEs, NGOs, and registered charities. SPI provides full service packages including: on-line educational training, web hosting, web design, database development, shopping cart/secure CGI order form solutions, Internet marketing strategies, secure cash and credit card transactions and e-tax receipts to help merchants and not-for-profits go on-line and achieve their goals.

About CARE Canada (care.ca)

CARE Canada, (care.ca), located in Ottawa, is a non-governmental, non-sectarian, not-for-profit charitable organization dedicated to helping the poor in developing regions and providing relief to victims of natural disasters and violent conflicts. Contact Brad Robeson, CARE Corporate and Community Relations (613) 228-5670

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