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eBay's Anything Points

TORONTO -- May 20, 2003 -- eBay members can now visit www.points.com to exchange points with other programs - and use them to buy just about anything on eBay.

Points International Ltd., operator of the only independent loyalty points exchange - at www.points.com - is pleased to join with eBay Inc. to add the new eBay Anything(TM) Points as the latest pointsxchange® participant. As per an agreement originally announced on February 21, 2003, a number of Points Solutions have also been implemented to facilitate core aspects of this new program.

"We welcome this landmark relationship with an industry leader, and commend eBay for offering great new benefits to their users," says Rob MacLean, CEO of Points. "In addition to welcoming eBay as our latest pointsxchange participant, we are pleased to supply a portfolio of Points Solutions to enhance the eBay Anything Points program. Our relationship with eBay provides exciting growth opportunities for Points."

eBay's new Anything Points Program gives members the opportunity to take advantage of special offers, earn points and spend points to buy just about anything on eBay. Points are deposited into a member's PayPal account and can be applied as currency to purchase items on the eBay site.

Currently, eBay Anything Points can be earned in various ways; by program members through points exchanges with a number of pointsxchange partners, from special offers with participating partners, and points conversions from select partners. Working with eBay, Points will facilitate the posting of eBay Anything Points into individual members' PayPal accounts.

The suite of Points Solutions delivering features for the eBay Anything Points program includes:

  • pointsxchange® - powering the exchange of Anything Points among select pointsxchange partners at www.points.com.
  • pointsintegrate - powering integration between Anything Points and its "earn" partners such as Sprint, and facilitating the posting of points into individual member accounts.
  • pointscorporate(TM) - powering the sale of eBay Anything Points to be used as corporate incentives, and for other future offerings.
  • private label conversion - powering the conversion of points from member accounts of "exchange" partners, such as Hilton HHonors to eBay Anything Points accounts

Now, members of select loyalty programs can visit www.points.com to exchange other points and miles with eBay Anything Points and use them to buy just about anything on eBay - The World's Online Marketplace(TM).

Through pointsxchange, eBay users in the US and Canada now have even more ways to get what they want. Consumers who visit www.points.com now to sign up for a $19.95 PointsPlus(TM) exchange account will be on their way with a special bonus offer of 1,350 eBay Anything Points - worth $13.50 toward a purchase on eBay.

eBay joins other pointsxchange participants, including industry leaders American Airlines (AAdvantage), InterContinental Hotels (Priority Club® Rewards), Air Canada (Aeroplan), Delta Air Lines (Sky Miles), Imperial Oil (Esso Extra), GiftCertificates.com, Fairmont Hotels & Resorts, Cathay Pacific Airways (Asia Miles), American West Airlines (FlightFund), Alaska Airlines, (Mileage Plan), Sprint, Spiegel, JCPenney and many more.

"With the new pointsxchange offering, eBay users can exchange points from other companies' loyalty programs to increase their spending power on eBay. We are pleased to offer eBay users this unique and dynamic benefit," noted Todd Kurie, director of rewards and recognition for eBay Inc. "The additional services provide by Points have been both instrumental and extremely valuable in launching this exciting new program as a significant eBay initiative."

eBay Anything Points will also be available through corporate promotions. Through its pointscorporate solution, Points will power the sale of eBay Anything Points to corporations to be used for marketing promotions or other internal corporate incentive programs.

With this and other custom Points Solutions, Points earns revenue in the form of upfront development fees and monthly hosting fees, and also receives a portion of proceeds from the value of each transaction.

Additional information about the program is available at www.points.com and the eBay Anything Points home page at http://anythingpoints.ebay.com.

Managed hosting support for the entire portfolio of Points Solutions is provided by Digex, Incorporated, a leading provider of enterprise hosting services for businesses worldwide.

More about Points International Ltd. and www.points.com

Points operates the only independent loyalty points exchange - at www.points.com - allowing consumers to exchange points and miles from one participating loyalty program to another to achieve the rewards they want faster than ever before.

pointsxchange® has to date attracted over 35 partners, including industry leaders eBay (Anything Points), American Airlines (AAdvantage), InterContinental Hotels (Priority Club® Rewards), Air Canada (Aeroplan), Delta Air Lines (Sky Miles), Imperial Oil (Esso Extra), GiftCertificates.com, Fairmont Hotels & Resorts, Cathay Pacific Airways (Asia Miles), American West Airlines (FlightFund), Alaska Airlines, (Mileage Plan), Sprint, JCPenney and many more.

Through a portfolio of custom technology solutions, Points is building rewarding partnerships with the world's leading loyalty players. Additional Points Solutions include the innovative pointspurchase(TM) and pointsgift solutions, which power the online sale of miles and points to members of leading loyalty programs.

Points Solutions, including pointsxchange, are internationally marketed to travel providers and loyalty programs through a distribution alliance with Sabre, the leading provider of technology, distribution and marketing services for the travel industry.

Points' shares trade on the TSX Venture Exchange under the stock symbol PTS.

About eBay

eBay is The World's Online Marketplace®. Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world.

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