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E-Duction, Inc. is the new
face of MarketMembers.com
Alternative employee benefit company changes name to reflect core
product
09/26/00
Philadelphia, September 26, 2000 - MarketMembers.com,
the provider of a new alternative employee benefit payroll deduction
solution, announced today it is changing its name to E-Duction,
Inc.
"E-Duction is the name of our core product,"
said Kirk Watkins, Chairman and CEO of MarketMembers.com. "By
changing our name to E-Duction, Inc., we are creating a stronger
brand identity for both our product and our company."
E-Duction is a one-of-a-kind financial and budgeting
employee benefits program. The product allows employees to treat
their paychecks like a no-interest credit card, receiving up to
six months of interest free purchasing power through their employers.
Using the E-Duction card, employees are responsibly allowed to make
purchases up to 4% of their annual salary, interest free, to be
deducted in equal installments from a future series of paychecks,
up to six months.
E-Duction, Inc.'s patent-pending payroll deduction
solution was created in 1997 as a program that allowed hospital
employees to purchase uniforms and equipment through a series of
deductions from future paychecks. MarketMembers.com (now E-Duction,
Inc.), a developer of innovative payment solutions, was founded
in 1999, in order to bring the unique employee benefit of payroll
deduction to a wider audience of employers, employees, and merchants.
More information on E-Duction, Inc. is available at www.E-Duction.com.
For further information on E-Duction, Inc., contact:
Tom McCormick
Fax: 215.542.7090
E-mail: tmccormick@E-Duction.com
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