Microsoft Canada, E-xact Plan New E-Commerce Solutions

Microsoft Canada Co.
and E-xact Transactions Ltd. said they are
teaming up
to build and market real-time transaction processing services for the
e-commerce market.

The agreement will allow the companies to combine E-xact’s payment processing
technology with Microsoft’s (MSFT) e-commerce platform.

Financial arrangements were
not disclosed.

Microsoft Canada and E-xact will jointly develop E-xact’s next-generation
real-time
transaction processing services and integrate them with Microsoft’s
e-commerce platform, including Microsoft Windows 2000, SQL Server and Site
Server, Commerce Edition. E-xact’s service will be offered as a preferred
e-commerce solution to Microsoft Canada customers and other interested
companies.

“Our strategic alliance with E-xact will allow us to continue to expand our
e-commerce platform, providing unparalleled features and functionality to
help businesses combine the efforts of all parts of the organization to
concentrate on the e-commerce market,” said David Daniels, manager of
e-commerce for Microsoft Canada.

E-xact’s software can process all leading forms of credit card payments and
is certified to process transactions with major banks in North America. In
addition to offering downloadable software, E-xact provides its customers the
ability to track, analyze and research all of their e-commerce transactions
and identify trends and opportunities in their sales and marketing efforts.