Segue Systems Inc. said it has been designated as the transaction processing manager for Value America, an on-line membership retailer.

Value America said that at its current rate of growth it projects a monthly volume of 300,000 transactions, outgrowing the Cybercash system that Segue is replacing.

"The SegueConnect software is done our way and is a natural complement to our (Microsoft) NT and IIS platforms," said Value America chief technology officer Joe Page.

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