ActiveCore Acquires Minority Interest In ePocket

Sep 16, 2003

IVP Technology Corp., d.b.a. ActiveCore Technologies Inc., has announced an agreement to purchase an equity interest in ePocket Inc., a Toronto-based developer of micro-payment technology. ePocket produces software technologies that are designed to allow payments of electronic cash over the Web without the use of credit cards. Under the terms of the agreement ActiveCore will acquire five percent of ePocket for CDN$300,000.