HIMC Corporation

Since 1996, HIMC Corporation, through its wholly owned subsidiary ITI Internet Services, Inc., is a leading provider of Payment Services to over 25,000 customers. ITI Internet Services, Inc. offers a wide variety of payment, verification, and authentication systems, including the award-winning PayByCheck service. The PayByCheck services suite, provided through ITI Internet Services Inc. has been a leading provider of secure, real-time check and debit processing, Electronic Check Processing, refund and rebate check processing services, NSF Check processing and Automated Clearing House transfers for international, national, regional and local businesses through the use of the Internet, telephone, wireless and point of sale devices. PayByCheck.com is ranked by Nilson in the top 10 for 2002-2004, and the third largest in customer base. For more information, visit the corporate Web site at http://www.himc.com.