PRESS RELEASE
 
 

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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E-Duction's Payroll Deduction Card System Patent Allowed - Read the press release