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BSX approves First Ecom.com shares listing

the approval of the listing of up to 16,444,167, Common Shares and 1,250,000 units of First Ecom.com Inc.

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 US banking institutions or US-based Internet service providers.

The Common Shares are currently listed on the NASDAQ Bulletin Board. The Company has applied for a full NASDAQ listing of its Common Shares.

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 Mr. James S. McKirdy, listing manager of the BSX.

"These listings strengthen First Ecom.com's existing links to Bermuda. The Exchange continues to work to attract listings of this type in support of Bermuda's e-commerce initiatives.''