Destination Points

American Express has launched its first destination-wide double Membership Rewards points program since the program’s inception in 1989. Yesterday, the Orlando/Orange County Convention & Visitors Bureau and AmEx teamed up to offer double points at more than 50 Orlando establishments including accommodations, retail outlets, restaurants, attractions and golf courses. The program will run from May 1 through June 30.

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EMV + UCAF

MasterCard International and Europay International announced a unified solution for authenticating EMV smart card cardholders using MasterCard’s Universal Cardholder Authentication Field as a standard. The solution will be able to extend a payment guarantee to online merchants. Once read through the PC reader, the EMV smart card can serve to both authenticate the cardholder at the time of the transaction and provide a cryptographic signature for the main transaction data elements, thereby completing the authentication cycle. MasterCard is currently supporting 90 EMV chip migration projects in Europe. Europe’s first EMV smart card and card reader combination utilizing the UCAF railway are underway. Germany’s EURO Kartensysteme has recently teamed up with other key industry players to deploy this combined solution to its German-based cardholders. In MasterCard’s European region, online transactions will be guaranteed when both merchant and acquirer support the UCAF specification, effective April 2002. In the U.S., plans are currently under review for the payment guarantee to be extended for fully authenticated cross-border online transactions in the fourth quarter of this year.

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Smart Gaming Card

San Francisco-based Performance Technology is gearing up to begin a pilot using the PlayersCash stored value smart chip and magnetic stripe cards. The pilot will consist of 300 participants using their eConnect eCashPad, inserting their PlayersCash card in their eCashPad and then using a Web site to load value from their checking account. Consumers can “Cash Out” to their PlayersCash card and funds will be moved from the merchant bank account to the card bank account. OffTrackBettingOnLine.com was started by Bentley Communications to address the market of same as cash Off Track Betting gaming, and will be the participating gaming company in the pilot.

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GEMPLUS CFO

Following the departure of Steven Gomo, we confirm that Yves Guillaumot has assumed the responsibilities of Chief Financial Officer on an interim basis until a permanent successor is appointed.

Frederic Spagnou, Chief Operating Officer since May 2000, will be leaving Gemplus on March 31, 2002. Frederic’s responsibilities have been allocated to managers within the Group.

About Gemplus

GEMPLUS: the world’s number one provider of solutions empowered by Smart Cards

Gemplus helps its clients offer an exceptional range of portable, personalized solutions that bring security and convenience to people’s lives. These include mobile Internet access, inter-operable banking facilities, e-commerce, and a wealth of other applications.

Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation.

Gemplus trades its shares on Euronext Paris S.A. First Market and on the Nasdaq Stock Market as GEMP in the form of ADSs. Its revenue in 2001 was 1.023 Billion Euros. It employs 6721 people in 37 countries throughout the world.

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Ranier Pacific i-Wealthview

Fincentric Corporation, a leading global provider of enterprise wealth management and core banking software, announced it has signed a software licensing agreement with Rainier Pacific Bank, a US community bank. The initial agreement includes licensing, implementation, and maintenance for Fincentric’s core banking and wealth management system, i-Wealthview. The Fincentric systems, to be implemented in the second half of 2002 with additional functionality added in first half of 2003, will enable Rainier Pacific to manage its customers’ total net worth, and to cost-effectively offer enhanced services to its customer base.

Based in Tacoma, WA, Rainier Pacific Bank manages US $465 million of assets for more than 43,000 customers in the Pacific Northwest. It provides a full range of banking services, property and casualty insurance, and financial planning and investment services. The Bank will be implementing Fincentric’s full suite of wealth management products to accommodate its converged offering of banking, insurance, and investment services. Modules of i-Wealthview to be implemented by Rainier Pacific include i-Wealthview Banking(tm), i-Wealthview Data Aggregation(tm), i-Wealthview Enterprise Server(tm), and i-Wealthview Personal Portal(tm), which will provide Rainier Pacific customers a single-point-of access to their entire financial services portfolio.

“We were impressed with Fincentric’s vision and product development direction, which are very much in-line with our strategic business goals and vision,” said John Hall, Rainier Pacific’s president and CEO. “By possessing a complete view of the customers’ financial information, we can have a better understanding of their current outlook and provide financial products to meet their long term goals.

“As Rainier Pacific continues its course of rapid growth, wealth management capabilities will be a competitive advantage that differentiates their services in the marketplace,” said Mike Cardiff, Fincentric president and CEO. “The i-Wealthview system will serve as the catalyst for enabling Rainier Pacific Bank to increase customer retention and profitability.”

About Fincentric

Fincentric Corporation is a leading global provider of enterprise wealth management and core banking software. Fincentric’s i-Wealthview(tm) wealth management software products include ‘next generation’ core banking, Customer Value Management(tm), data aggregation, Internet and wireless financial portals and full multi-channel support. Its revolutionary Customer Value Management(tm) capabilities provide profitability and relationship analysis that allow financial institutions to recognize the value of each customer, and maximize their profitability. Fincentric products enable financial institutions to quickly deploy solutions for their converging financial service offerings, while also supporting capabilities for increasing customer profitability, customer acquisition, and retention. Fincentric has approximately 300 customers worldwide, and has strategic relationships with Microsoft, Compaq, and other international partners. For more information, visit Fincentric’s home page at [www.fincentric.com][1], or call (604) 278-6470.

[1]: http://www.fincentric.com/

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OPEN Cards

American Express’ OPEN: Small Business Network yesterday introduced two new card products designed to help small business owners better manage cash flow. The new Business Purchase Account card and the Business Management Account card are targeted at the OPEN Network’s three million customers and to companies with fewer than 100 employees. The Business Purchase Account is a charge card that provides no pre-set spending limit with the flexibility to pay over time through a new product called the balance payment option. The Business Management Account is a no-fee credit card that provides cardholders with the option of paying over time. It offers a six month, 0% rate on new purchases; an annual percentage rate as low as prime + 2.99% and 9.99% fixed rate on balance transfers for the life of the balance. AmEx says a recent survey showed that small businesses are using credit and charge cards in non-traditional ways like in the purchase of wholesale and office supplies. While travel (48%) was the most common item purchased with plastic, 41% of respondents said they used their cards to buy wholesale goods such as manufacturing supplies, food products, inventory equipment, or goods for re-sale. Other purchases include “everyday” business items, such as computer hardware, software and office supplies (39%), entertainment, such as restaurants, concerts, or shows (36%), and business services, such as shipping, reproduction services, or legal advice (14%). (CF Library 1/18/02)

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New Equitex Card

Equitex, Inc. announced today that it has signed a letter of intent to utilize its resources to develop a credit card program for an existing financial institution. Completion of this transaction is subject to further due diligence by both parties, negotiation and execution of a definitive agreement, necessary state or federal regulatory approvals, board of director approval and any necessary stockholder approvals.

Equitex, Inc. is a holding company operating through its wholly owned subsidiaries Nova Financial Systems and Key Financial Systems of Clearwater, Florida and Chex Services of Minnetonka, Minnesota. Nova and Key design, market and service credit card products. Chex Services provides comprehensive cash access services to casinos and other gaming facilities.

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ERNEX & COGNOS

Retail is the second-largest
industry in the United States, generating more than $3 trillion in sales
annually. Using Cognos powerful business intelligence capabilities via an
extranet, Ernex Marketing Technologies, a leading provider of real-time
electronic marketing and customer loyalty solutions, is helping their
customers to maximize revenue opportunities in this highly lucrative market.
Cognos is the leading global provider of business
intelligence solutions.

Using Cognos PowerPlay(R) and Impromptu(R) Web Reports, Ernex helps
customers like Nike Canada Ltd. and Eddie Bauer build more targeted electronic
marketing programs that maximize customer loyalty and marketing ROI. Retailers
can identify and target their most profitable customers– right at the point
of sale– thanks to shopping information made available via a Cognos-powered
extranet.

“With Cognos’ robust, Web-based reporting and analysis, our customers are
able to dig insightfully into their collected purchasing data, allowing them
to perform profitability analysis as well as deliver personalized
communications to the consumer in the form of loyalty points, customer
coupons, or instant prizes,” said Malcolm Fowler, executive vice president,
products and marketing, Ernex Marketing Technologies. “Cognos allows quick and
easy access via the Internet, which means that our customers always have
access to the most up-to-date information.”

Nike Canada Ltd. uses this system to view reports on their Air Max Club
loyalty program at their flagship store in Toronto, allowing marketing
executives to gain a more comprehensive view of the customer base. “We simply
log onto the reporting site and can quickly obtain information on customers in
our loyalty program, such as sales, transactions, top customers, new member
acquisitions and more,” said Kerry Fleiser, retail marketing coordinator, Nike
Canada Ltd.

“Cognos solutions are designed to leverage the speed and ease of use of
the Web and the information and analysis delivered through these extranets
help companies coordinate their interactions and strengthen relationships with
customers and suppliers,” said Dave Laverty, senior vice president, global
marketing, Cognos. “Ernex is an excellent example of the many leading
companies that have recognized the inherent cost advantage and knowledge-
sharing opportunities that Cognos offers and are using these solutions to
improve the ways in which they do business.”

About Ernex Marketing Technologies:

Ernex Marketing Technologies is a provider of innovative real-time
marketing solutions for merchants, credit card and bankcard issuers, and large
membership organizations. Its solutions include loyalty programs, stored-value
gift card programs, reward fulfillment services and loyalty database hosting
services. For more information, contact Ernex at 877-GO-ERNEX or visit
www.ernexinc.com. Ernex is a wholly owned
subsidiary
of RBC Financial Group.

About Cognos:

Cognos is the leading provider of enterprise business intelligence
solutions that optimize the performance of the world’s largest and most
successful organizations. Founded in 1969, Cognos serves more than 19,000
customers in 120 countries around the world. Cognos business intelligence
solutions and services are also available from more than 3,000 worldwide
partners and resellers. For more information, visit the Cognos Web site at
http://www.cognos.com.

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Imagitas Nabs Catalina Founder

Imagitas has named Michael R. O’Brien to its Board of Directors expanding an already distinguished group of public and private sector leaders. Co-founder of Catalina Marketing Corporation, O’Brien was the company’s Chairman and CEO from its inception in 1983 until 1992.

“Imagitas is honored to have Michael O’Brien join our Board of Directors,” said Brett Matthews, CEO of Imagitas. “His knowledge and business experience in targeted marketing and building fast-growth profitable businesses make him exceptionally qualified to help guide Imagitas to continued success.”

Imagitas provides targeted marketing solutions to national, regional and local advertisers by forging public and private partnerships, including the United States Postal Service and state department of motor vehicles. The company’s unique life-stage marketing approach provides service for over 200 advertisers and provides important public service information and savings to more than 50 million people annually.

Mr. O’Brien joins fellow Board members: Stephen Clearman, Managing Partner – Geocapital; Patricia McGinnis, President and CEO- Council for Excellence in Government; Glenn Youngkin, Managing Director -The Carlyle Group; Charles Farber, Senior Investment Officer – Liberty Mutual; Chris Hessler, President and Brett Matthews, Chairman and CEO – Imagitas.

Lauded as a “pioneer” by Business Week magazine, Michael O’Brien has received numerous honors including being named one of Orange County, California’s Entrepreneurs of the Year in 1991. Prior to his involvement with Catalina, Mr. O’Brien founded TRIM, Inc. a successful marketing research company. He also served on the Board of Directors for Memberworks, Inc. (NASDAQ:MBRS).

About Imagitas: Imagitas is a privately held, marketing solutions firm based in Waltham, Mass. Founded in 1992, the company is focused on creating public and private partnerships that help government save money, help advertisers reach customers during major life events and provide consumers savings on products related to those events. Imagitas blue chip list of advertisers include: Home Depot, Lowes, Ace Hardware, ATT, SBC, AOL/Time Warner, Sprint, Verizon, DirecTV, New York Times, Chicago Tribune, Geico, Garden State, AAA, Ryder, TransWorld Van Lines, Visa, Bank One, Bank of America, Staples, Blockbuster, Wakefern Food Corp, A&P.

Imagitas has won two Hammer Awards from the Vice President of the United States for helping to create a government that works better and cost less while serving the needs of its citizens.

For more information, about Imagitas visit .

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Gemplus CFO & COO

Gemplus announed Thursday that following the departure of Steven Gomo, the company confirmed that Yves Guillaumot has assumed the responsibilities of Chief Financial Officer on an interim basis until a permanent successor is appointed.

Frederic Spagnou, Chief Operating Officer since May 2000, will be leaving Gemplus on March 31, 2002. Frederic’s responsibilities have been allocated to managers within the Group.

About Gemplus

GEMPLUS: the world’s number one provider of solutions empowered by Smart Cards

Gemplus helps its clients offer an exceptional range of portable, personalized solutions that bring security and convenience to people’s lives. These include mobile Internet access, inter-operable banking facilities, e-commerce, and a wealth of other applications.

Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation.

Gemplus trades its shares on Euronext Paris S.A. First Market and on the Nasdaq Stock Market as GEMP in the form of ADSs. Its revenue in 2001 was 1.023 Billion Euros. It employs 6721 people in 37 countries throughout the world.

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DIGIPASS PRO 800

VASCO Data Security International, a global provider of
enterprise-wide security products that
support e-business and e-commerce, announced that its award-winning and
commercially successful Digipass Pro 800 is available for usage with EMV
cards. EMV is the leading standard chip protocol used by e.g.
Europay-Mastercard. Digipass 800 Pro for EMV will be the authentication
solution offered to worldwide financial institutions as a part of
Europay-Mastercards’ “Chip Authentication Program”.

Digipass 800 has the strongest track record for a reliable authentication
device incorporating a chip reader, with more than 800,000 units sold worldwide.
The availability of Digipass Pro 800 for EMV (Europay-Mastercard-VISA) opens a
huge worldwide market for VASCO. EMV is believed to become the global
standard for payment cards by the end of 2005. In important European
countries such as the UK, millions of chip cards are already compliant with
EMV. Germany will follow shortly.

The Chip Authentication Program by Europay-Mastercard offers numerous
advantages for banks, e-merchants, and cardholders. An important advantage for
the banks is the fact that the program offers a single, global means to access
all remote channels in a secure way, by offering secure authenticated access
to e- and m-commerce and e- and m-banking, whilst the EMV standard and the
Digipass products have a proven track record. Merchants now have at their
disposal a safe means of doing e-business, in line with UCAF (Universal
Cardholder Authentication Field), the worldwide standard for secure
authentication, and in line with the MasterCard Guaranteed Transactions model.
Cardholders win a single access method towards all banking services, without
having to change the way they interact with their bank.

“Both VASCO and Europay-Mastercard strive towards the same goal: to
secure the trust and the value of their customers” says Jan Valcke, VASCO’s
executive Vice President for Sales and Marketing. “VASCO is delighted to be
able to contribute to Mastercards’ Chip Authentication Program. Our Digipass
800 has been ready for some time, and is already used by over 800 000
customers as we speak. Together with Mastercard, we will make e-banking,
e-commerce, and m-commerce transactions via chip cards much more secure whilst
keeping it extremely user friendly.”

“It is a pleasure working together with VASCO and to help deploy Chip
authentication solutions to our members,” said Pascal Dufour, Head of New
Products development at MasterCard International. “Europay and MasterCard is
paving the way in developing multi-channel secure authentication and payment
services that enable our Member banks to improve their business efficiency and
offer better services and convenience to today’s consumer. By leveraging
existing EMV Chip cards and thanks to the industry, banks can now clearly
answer most of their challenges in the virtual world. Once again, this
demonstrates the added-value of Chip cards and the commitment of MasterCard to
its Member banks.”

About Europay International

Europay International, headquartered in Waterloo, Belgium, is Europe’s
leading payments organization, dedicated to providing a tailored product range
and support services to its more than 9,000 Member banks. At present, almost
262 million cards (Eurocard-MasterCard, Maestro, Cirrus and Eurocheque)
provide European and global debit and credit card services, and offer cash
access to Europe’s largest network of more than 264,000 ATMs in 41 countries.
Through its alliance with MasterCard International, over 580,000 ATMs and more
than 19 million retail locations worldwide accept Europay products. Europay’s
website at
http://www.europay.com/ gives a detailed
view
on the company’s products and
services and shows how Europay offers its Member banks both support and
leadership on issues including virtual commerce, chip technology, security &
risk management, and the advent of the euro.

About VASCO

VASCO secures the enterprise from the mainframe to the Internet with
infrastructure solutions that enable secure e-business and e-commerce, protect
sensitive information, and safeguard the identity of users. The Company’s
family of Digipass(R) and VACMAN(R) products offers end-to-end security
through strong authentication, digital signature, network Single Sign-On, and
Radius, LAN and Web security, while sharply reducing the time and effort
required to deploy and manage security. VASCO’s customers include hundreds of
financial institutions, blue-chip corporations, and government agencies in
more than 50 countries. More information is available at
http://www.vasco.com .

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ZOOP Payments

The University of Southern California and USC Marshall School of Business’ Center for Telecommunications Management is piloting a wireless payment environment. USA and CTM and Harex InfoTech’s ZOOP International are teaming up for the research project. The service will use the ZOOP Universal Mobile Payment Service. The trial service is expected to launch at the beginning of the USC fall semester in August 2002. The ZOOP UMPS system utilizes the Infrared Financial Messaging standard in conjunction with ZOOP Service Centers. The ZOOP system allows financial institutions and merchants to download and enable digital cards, tickets or tokens to a mobile phone where they then can be “beamed” to a POS terminal using an infrared connection. The USC wireless infrared payment environment will first be established in such campus venues as cafeterias, restaurants, and bookstores. The service will expand to university vending machines, parking garages, stadium concessions, and nearby restaurants. Trial users, such as students, professors, and administrators, will be able to pay by beaming their preferred payment instrument, such as credit card, debit card, or USCard directly from their mobile phone to any infrared-enabled payment terminal.

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