Ir federal credit union

ATLANTA--(BUSINESS WIRE)--Sept. 21, 1999--

Agreement provides Internet banking solution for members

HomeCom Communications, Inc. (NASDAQ SmallCap: HCOM), a provider of Internet software solutions for the financial services industry, announced an agreement with Atlanta-based Georgia Power Federal Credit Union to deliver Internet banking services to its members.

Georgia Power Federal Credit Union plans to offer its members multifunctional Internet banking capabilities in a completely secure environment with HomeCom's Personal Internet Banker(tm)(PIB). In addition, the credit union will use HomeCom's one-to-one marketing solution, Harvey(tm), to capitalize on the Internet to generate more revenue through targeted marketing products and services to members most likely to purchase them. HomeCom will also redesign the institution's Web site to accommodate electronic access.

"We are building our most convenient branch yet," said Sylvia Bass, president of Georgia Power Federal Credit Union, "without having to use brick and mortar. As a full service organization, we want our members to be able to perform many different banking functions, and to be able to perform them at their convenience. HomeCom's integrated products and flat-fee pricing will allow us to move ahead quickly with our Internet delivery. We feel that Internet banking will encourage membership growth and help us build a stronger financial institution for our members and the future."

Blake Allen, vice president HomeCom Financial Solutions, said, "Georgia Power Federal Credit Union offers competitive rates and provides exceptional service to its members. Its decision to implement our Personal Internet Banking Suite will offer members a one-stop banking solution with more than the typical banking capabilities. Working with Georgia Power Federal Credit Union to build its 'cyberbranch' is very exciting for HomeCom.

"HomeCom has generated tremendous momentum in the Internet banking market," Allen continued. "In the last seven weeks alone we have signed six new deals. The aggregate of contracts signed so far this year totals approximately $3 million dollars in new business that will be recognized over the next five years. In addition, we have several more contracts in final stages of approval. The market is recognizing the quality of our offering."

About Georgia Power Federal Credit Union

Georgia Power Federal Credit Union, headquartered in Atlanta and a full service financial institution, is the provider of financial services for employees of Georgia Power and various other select employee groups. The credit union was formed in 1935 and currently operates four branches, three in the metropolitan Atlanta area and one in Augusta, Georgia, that serve 8,500 members with $46 million in assets.

For more information, contact Sylvia Bass at (770) 396-9005, by e-mail sjbass@georgiapowerfcu.org, or visit the institution's Web site at www.georgiapowerfcu.org.

About HomeCom

HomeCom Communications, Inc. specializes in Internet application solutions for the financial services market, providing all of the professional services and technology necessary to develop and integrate an online marketplace. In addition, HomeCom offers several products and services designed for e-commerce in the financial services industry, which include Personal Internet Banker(tm) (PIB), Harvey(tm), InsureRate(tm), and its Internet Security Services Division. In May 1998, HomeCom was selected by ZD Internet Magazine as one of the Top 20 Internet consulting firms in the country.

For more information about this announcement or HomeCom, call Carolyn Hall at (888) HOMECOM ext. 186 or visit the company's Web site at www.homecom.com. For investor relations, call (888) HOMECOM ext. 122 or IR@homecom.com.

Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements.