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BSX approves shares listing

16.4 million common shares and 1.25 million units of First Ecom.com Inc.The Nevada, USA registered company has its shares currently listed on the NASDAQ Bulletin Board and has applied for a full listing on NASDAQ for its common shares.

16.4 million common shares and 1.25 million units of First Ecom.com Inc.

The Nevada, USA registered company has its shares currently listed on the NASDAQ Bulletin Board and has applied for a full listing on NASDAQ for its common shares.

First Ecom.com Inc. provides online credit card transaction processing services for merchants outside of North America.

The company approves merchants and processing transactions in a tax-neutral location without the need for using United States banking institutions or United States based Internet service providers.

The listing of First Ecom.com Inc. is sponsored by Lines Overseas Management (Bermuda) Ltd.

"The BSX is pleased to welcome First Ecom.com Inc.'s common shares and units to listing'', said James McKirdy, Listing Manager of the BSX. "These listings strengthen First Ecom.com's existing links to Bermuda, a prime location for e-commerce business.

"The Exchange continues to work to attract listings of this type in support of Bermuda's e-commerce initiatives.''