DECT TERMINAL

SchlumbergerSema launched a new portable POS terminal that communicates
via the “Digitally Enhanced Cordless Telecommunications” network. “DECT” is
the digital wireless standard in Europe, the Middle East and Africa. The
“MagIC X1000 DECT” terminal enables both off and on-line card payments to
be transacted more than 100 meters away from its docking station. The new
terminal is EMV approved and compliant with the latest PIN entry security
standards. It also has TCP/IP capabilities for secure payment. The “DECT”
technology used for the “MagIC X1000 DECT” terminal has been developed for
data transmission only.

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ACTIVCARD 3Q/02

ActivCard reported third quarter revenues of $12.0 million, an increase of
25% over the $9.6 million reported in the second quarter and 36% higher
than the year ago quarter. The pro forma net loss for the quarter was $1.2
million, compared to pro forma net loss of $3.0 million in the second
quarter, and $2.5 million in the third quarter of 2001. During the third
quarter, the company won a major Japanese automobile manufacturer customer
and deployed 26,000 Corporate Access Cards to its employees with another
20,000 planned in the near future. ActivCard projects revenues to range
between $12.0 million and $13.0 million.

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DATAWAVE & LIPMAN

Vancouver-based DataWave Systems has signed a twenty-year licensing
agreement with Lipman USA. The deal permits Lipman to use DataWave’s card
dispenser technology to enable them to distribute and recharge multiple
prepaid products via their entire ATM product line. DataWave and Lipman
formed a joint venture in 2000/2001 to create an ATM capable of dispensing
prepaid phone cards. The new licensing agreement allows both parties to
take this collaboration to the next level.

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BP SMART CARD

Oberthur Cards Systems has received certification from both VISA and
Proton World for its “Prisma Basic Profile” smart card. BP is a
multi-application smart card combining an EMV application with the
well-known Proton e-purse. Proton Prisma BP has a U.S. e-purse function
fully compatible with the existing “Proton R3” systems rolled out in seven
countries around the world and licensed by 26 others.
The card also features a toolbox which allows the customization of the BP
card with applications such as loyalty during both the personalization
process and after the card has been issued. Oberthur has been a long time
partner and supplier of “Proton World” e-purse solutions. Banksys, the
Belgian electronic funds transfer operator, recently selected Oberthur to
deliver the next generation of debit and credit cards based on “Proton
Prisma” technology.

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Equifax Expansion

Equifax has purchased the consumer credit files and certain customer contracts from CBC Companies for $95 million in cash. It is the largest such transaction to date. The purchased database includes customers in Ohio, Florida, West Virginia, South Dakota, North Dakota and Indiana. CBC is an independent credit reporting agency and has been a system affiliate of Equifax for more than 14 years. During August Equifax acquired Naviant, Inc. for $135 million. Naviant has an email database of more than 100 million unique permission-based addresses. (CF Library 8/16/02)

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ATM Manager Pro v5.5

e-ClassicSystems reported this morning that “ATM Manager Pro” databases now manage over 70,000 ATMs worldwide. The company also announced version 5.5 of the software. Over the last four months the company has added 12 new customers including a “Top 10” financial institution in the U.S. and the first U.K. customer. The new version 5.5 contains new transaction reporting including check cashing, foreign withdrawals and deposits, us-on-us reporting, and pre-paid wireless. It also features the release of transaction warehouse recording all activity on individual transactions including card number, network, and time of day. It also has an improved user interface through the addition of Wizards to add new assets, locations, partners, and events as well as additional drill-down functionality for detailed information.

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AmEx Rewards

American Express has extended its double “Membership Rewards” points for “everyday purchases” to other card programs. The double points program was first introduced as a core feature with the recent launch of AmEx’s new “Rewards Green” and “Rewards Gold” card. The double points feature will now be available to cardholders of the “Rewards Plus Gold Card,” “Platinum Card,” and the very exclusive”Centurion Card.” “Everyday purchases” includes purchases at stand-alone supermarkets, gas stations, drugstores, home improvement stores, the U.S. Postal Service and wireless phone bills. All cardholders will continue to earn one point for all other purchases. (CF Library 9/23/02)

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GCA & Youbet.com

Global Cash Access has signed a deal to provide “QuikFunds” product and cash access technologies to Youbet.com, an online live event and wagering company offering access to more than 80 major racetracks. Youbet.com lets members watch and wager on a wide selection of live thoroughbred and harness horseracing from North America and abroad, including more than 80 major racetracks, via its exclusive private and secure closed-loop network.

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