NORWALK, CT - September 11, 2006 - Webloyalty.com today announced that
the class action lawsuit filed against the company in the United States
District Court for the District of Massachusetts is without merit.
"The lawsuit is frivolous. It completely misrepresents the manner in
which Webloyalty.com conducts its business," said Rick Fernandes, CEO
and co-founder, Webloyalty.com. "We intend to vigorously defend
ourselves and expect to prevail."
About Webloyalty.com
Webloyalty, a leading provider of technology-based, online affinity
services, supplies more than one million subscribers with reward,
discount and protection programs. Webloyalty clients - over 120
e-commerce and travel businesses - benefit from increased revenue and
repeat purchases. Consumers benefit from high value subscription
services that match their needs and interests.
Founded in 1999, Webloyalty was recently named the fastest-growing
technology company in the state by Deloitte's "Technology Fast 50 for
Connecticut" and the 8th fastest-growing technology company in North
America by Deloitte's "Technology Fast 500" programs.
Additional information about Webloyalty is available at
http://www.webloyalty.com. For customer service, please contact
1-800-732-7031 or custome...@webloyalty.com.