does the below press release signal that one will soon be able to use
technocash to buy standard-gold or standard dollars instantly? will
Standard Reserve or technocash bring out a technobank or a Standard
Australian Dollar with its own debit card?

David Hillary

Standard Reserve and TechnoCash Form Strategic Alliance
Atlanta, GA -- October 5, 2000. Standard Reserve, Inc. has formed a
strategic alliance with TechnoCash who will market Standard Reserve's
International Payment Process through TechnoCash's 2,500 agents in
Australia. The alliance will empower consumers and businesses to
instantly transmit funds to and from anywhere in the world.
TechnoCash is presently aligned with the Australian Postal Service and
consumers can purchase TechnoCash at any post office in Australia. They
an then use TechnoCash to transact business online.
Standard Reserve, Inc. can use the power of the Internet to transmit
funds anywhere in the world instantly. Together TechnoCash and Standard
Reserve form a strong alliance which enables them to expand each others
services in areas never before known.
"We see this as a win-win opportunity for Standard Reserve, TechnoCash,
the postal service and the consumers," said Elwyn Jenkins, a
world-renowned authority on online currency and one of the founders of
Standard Reserve. 
"Our objective is to create a World Wide Currency for the World Wide Web 
- to make it easy for folks to transact business or to send money "home" 
anywhere in the world. Our alliance now gives us "store fronts" where 
consumers can visit and purchase our financial products. And, once we 
prove the model works there, we can move it to other parts of the
world."
TechnoCash's agents will serve as exchange agents in Australia. A man
working in Australia who wants to send money "home" to Hong Kong, for 
example, will visit an exchange agent and open an account. His family
will do the same in Hong Kong and they each get debit cards. The man
deposits 
Standard Reserve Gold or Standard Reserve Dollars into his account and 
transfers it to his family, who can withdraw it immediately at an ATM, 
or spend it online or transfer it to another account.
Standard Reserve, Inc. is based in Norcross (Atlanta), GA and presently 
has agents in nine countries worldwide, representing 48,000 people. They 
are creating the world's first real-time global payment system that lets 
individuals and companies control their money, immediately, whenever and 
wherever you happen to be. Transaction systems you need to operate at 
web speed in the 21st Century.
For further information visit their Web site at
http://www.standardreserve.com/ or send an e-mail to
[EMAIL PROTECTED] or call them at 770-300-3070
### Note to Editor:
For further information or interview please contact...
Loryn Jenkins, C.O.O.
George Matyjewicz, C.E.O.
Standard Reserve, Inc.
3120 Crossing Park Road Norcross, GA 30071
Tel: 770-300-3070
Toll Free: 877-633-6533
 

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