PCCharge Perks

Return on Investment Corporation announced that GO Software, an ROI subsidiary and a leading provider of payment processing software, released PCCharge Perks version 1.2, a feature-rich software product that processes Stored Value/Loyalty/Gift Card transactions for Retail, Restaurant, or any merchant wanting to accept gift cards at the point of sale.

“Since the successful introduction of PCCharge Perks into the marketplace last year, GO Software has improved the functionality of this product in order to better serve our Retail and Restaurant clients and Gift Card processing partners,” said Tony Abruzzio, Vice President and General Manager of GO Software, Inc. “PCCharge Perks can operate as a standalone solution or with existing Windows-based POS systems. Its independent nature is also suitable for the merchant who has a PC and wants to accept gift/loyalty cards, but doesn’t have use for a full-service credit card processing solution. In addition, Perks is a completely integrateable solution so developers can use it with web storefront and POS applications.” said Abruzzio. “Consistent with all PCCharge products, Perks allows a co-branded solution for our partners.”

PCCharge Perks 1.2 Enhancements:

· Added Mellennia Gift Card Processor

· Added World Gift Card Processor

· Graphical User Interface fine-tuned to operate seamlessly with leading restaurant POS systems.

Standard PCCharge Perks Features:

· Certified with Gift Card Processors including:

o Givex

o Paymentech

o ValueLink

o Valutec

· Integratable with POS systems

· Operates in a touch screen environment

· User-friendly on-screen virtual keyboard

· TCP/IP or dial connectivity (depending on Processor)

According to the Standard Register, the gift card market awareness has increased from 15% in 2000 to 80% in 2001, with usage quadrupling from 11% to 45% in that time, representing the highest growth category in consumer cards. Gift card revenue was projected to have grown from $20 billion in 2000 to $32 billion in 2001.

About Return On Investment Corporation ([www.roicorporation.com][1])

More than 50,000 businesses use ROI software to process payments on virtually any computer and to connect IBM midrange systems to the rest of the world. In the United States, in terms of the number of payment processing software licenses, GO Software (an ROI subsidiary) is the number one company in the IBM midrange market and is second behind First Data Corp. in all computing markets. Campana Data (an ROI subsidiary) markets consulting and transaction processing services. Net400 (an ROI subsidiary) provides software for IBM midrange computers that facilitates e-mail and e-commerce communications, system and device connectivity, web enablement of business applications, and business-to-business and business-to-consumer transactions.

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


Coinless License

Coinless Systems Inc., a leading developer, manufacturer and supplier of coinless technology and products for the gaming industry announced that the Company has signed a licensing agreement with TEKBILT INC.

Under terms of the licensing agreement, TEKBILT INC, is allowed to use Coinless

Systems’s patented technology, Scan After PrintÔ in all of the machines manufactured by TEKBILT INC. In the agreement, Coinless Systems grants TEKBILT

INC. a non-exclusive license to use devices within the scope of Coinless Systems’s U.S. Patent No. 6,012,832 entitled “Cashless Peripheral Device for a Gaming System” for limited purpose of making, using, offering to sell, and selling TEKBILT INC. machines incorporating devices within the scope of (the’832 patent) so long as such devices are acquired from Coinless Systems or a licensed manufacturer or Coinless Systems.

TEKBILT INC acknowledges the validity and enforceability of Coinless Systems ‘832 patent,”Scan After Print” Technology and will endorse this technology through its sales and advertising materials for its Coinless Machines.


TEKBILT Inc was founded in 1986 by George (Buzz) M. Bruner, Jr. The company originally started as a distributor of currency acceptors and various components throughout America. Today Telbilt is a recognized designer, manufacturer and worldwide distributor of touch screen Gaming Machines and money handling products to the Gaming Industry.

TEKBILT Gaming is known for superior quality products. Buzz Bruner feels it is important to provide products and machines that are customer initiated and suited to their market and/or cultural requirements. That philosophy along with ongoing support of in-house technical, engineering, and service support has succeeded in providing a strong following that has proved profitable.

TEKBILT’s manufacturing facility is located in Huntingdon Valley Pennsylvania-a suburb of Philadelphia. The 24,000 square foot facility has been TEKBILT’s home since 1991. Recent renovations have increased our capabilities and the efficiency of our manufacturing processes. The TEKBILT team is skilled in high volume production. We are committed to “Doing It Right the First Time” in all areas of engineering, manufacturing, quality, shipping and customer services. TEKBILT is committed to providing a professional, educational, instructional, and ethical environment for our products, employees, partners and customers at all times. We will provide value that exceeds the investment in all our business activities.

About Coinless Systems, Inc.

Coinless Systems Inc. is a Las Vegas, Nevada based developer, manufacturer and supplier of coinless technology and products for the gaming industry. Its principle products are tickets for coinless gaming machines and Scan After Print(TM), a patented process that instantly verifies and ensures the accuracy of bar coded tickets at the slot machine as well as the cashier cage.


Ohio CU Expands Free ATMs

CME Federal Credit Union, serving city, county and municipal employees in Central Ohio, announced it has entered into an agreement with Cleveland-based KeyCorp to provide CME Federal Credit Union members surcharge-free access to Key’s nationwide network of approximately 2,400 automated teller machines.

Through this partnership with Key, CME Federal Credit Union enhances the convenience it provides to its members without incurring the high cost of building or expanding its own network. Members essentially go from having access to 3,000 surcharge-free ATMs to 5,400 overnight.

CME Federal Credit Union is among several regional financial institutions to contract with Key. Although Key usually competes with smaller banks, savings and loans, and credit unions, in this arrangement, Key acts only as an ATM distributor, and is therefore not a competitor.

“We are pleased to partner with Key to provide expanded ATM access to our members,” said James M. Riederer, president/CEO of CME Federal Credit Union. “This partnership is another way for us to meet one of our members’ most important needs — convenience.”

“Key’s expansive ATM network and its keen understanding of the depth and breadth of the transaction management process, can help fill a critical need for smaller financial institutions,” said Daniel J. Neistadt, executive vice president, Key Consumer Payment Sales. “In CME Federal Credit Union’s case it will really help increase their ability to give their members 24-hour convenient service at more locations at a reasonable cost.”

CME Federal Credit Union is a member-owned, financial cooperative serving city, county, and municipal employees and their families throughout central Ohio. In business since 1935, the credit union has assets of more than $136 million and has more than 24,500 members. CME Federal Credit Union offers its members a variety of affordable family financial services including checking accounts, debit cards, credit cards, consumer loans and real estate loans, as well as access to full range of investment services. The credit union also offers an extensive network of surcharge free ATMs, a 24-hour loan hotline, and a Web site, [http://www.cmefcu.org][1] , that offers 24-hour fee-free on-line account access and bill payment.

KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $81 billion. Key companies provide investment management, retail and commercial banking, retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company’s businesses deliver their products and services through KeyCenters and offices; a network of approximately 2,400 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com(R), that provides account access and financial products 24 hours a day.

[1]: http://www.cmefcu.org/



Ernex Marketing Technologies Inc., a provider of real-time marketing
announced it has launched Real-Time Redemption, a new capability that allows
credit cardholders to instantly redeem their credit card points for rewards
any participating merchant point-of-sale.

ERNEX Real-Time Redemption provides the cardholder immediate access to their
rewards by enabling the merchant’s point-of-sale device with connectivity
to a
centrally hosted cardholder database at Ernex. This solution will be used in
tandem with Ernex’s Loyalty Database Hosting service – an integrated
points management system. These two solutions combine to provide reward
operators with efficiencies in the call center workload and streamline
fulfillment and reconciliation processes.

On February 11, 2002, RBC Royal Bank became the first credit card issuer to
pilot this capability for select Royal Bank Visa Classic II cardholders in
cities in Ontario: Cambridge, Guelph, Kitchener and Waterloo. Using Ernex’s
Real-Time Redemption technology, RBC cardholders are able to redeem their
Classic II points in real-time at 12 participating Home Hardware locations
13 RadioShack Canada locations during the five-month pilot program. The pilot
targets approximately 5500 Classic II cardholders in the Ontario region
a direct mail campaign. Point-of-purchase materials will be displayed at
participating Home Hardware and RadioShack locations to drive awareness.
will provide RBC Royal Bank with ongoing business analytical reports to
the success of the pilot program for a national launch across Canada.
The Ernex Real-Time Redemption technology is available today to credit card
issuers and membership organizations that operate multi-merchant coalition
loyalty programs.


This new real-time capability is another innovative solution that Ernex is
offering credit card issuers and large membership organizations that operate
reward programs. The RBC Royal Bank pilot program, leveraging Ernex’s
Redemption technology, is the first of its kind to offer credit cardholders
instant payment using points across a multi-merchant network.

Traditionally, credit cardholders had to initiate a long rewards-fulfillment
process before they could redeem rewards because there was no direct linkage
between the points that they had earned and the many independent merchants
provided the rewards. A typical process was to request a gift certificate or
reward through a call center, which would then mail out the reward. In the
of a gift certificate reward, the cardholder would then have to visit the
participating merchant to utilize the gift certificate value against
merchandise. ERNEX Real-Time Redemption would eliminate the need for call
centers to order, track and manage physical gift certificates or reward

With the addition of Ernex’s Real-Time Redemption solution to Ernex
and Ernex Loyalty Database Hosting, Ernex now offers credit card issuers and
large membership organizations a real-time end-to-end rewards management

— Ernex Accelerator: utilized by reward program operators to increase
cardholder retention by delivering real-time value-added marketing promotions
at the point-of-sale. Real-time promotions include instant Swipe ‘N Win
sweepstakes, custom coupon offers and bonus points campaigns.

— Ernex’s Loyalty Database Hosting: a service that provides large loyalty
program operators with complete management of points data including
transactions from the point-of-sale, call center and Internet channels. This
service provides program operators with powerful tools to efficiently manage
the administrative, help-desk, partner redemption and rewards catalogue
management tasks associated with the accrual, redemption, fulfillment and
reconciliation of loyalty points.


Benefits of Ernex Real-Time Redemption include:

1. Point-of-sale neutrality: Ernex is able to interface its software and
connectivity to a majority of point-of-sale devices in the market to provide
real-time redemption capability plus Ernex’s full suite of real-time
solutions. For the Classic II pilot, Ernex-enabled devices – Moneris
SmartSelect and Transelect systems
provide the connectivity at the point-of-sale for Home Hardware and

2. Streamlining fulfilment and logistics: Ernex provides cardholders with
immediate access to their rewards directly at the merchant’s point-of-sale,
thereby providing an immediate, electronic fulfilment instead of a physical
fulfilment taking days or weeks. The card issuer experiences a lower call
volume in the call center, and no longer requires the administration of
ordering, inventory management, tracking and the management of outstanding

3. Streamlining reconciliation and settlement: Ernex provides business and
analytical reports to reconcile points-redemption costs between the card
program operator and participating merchants. With electronic fulfilment,
reconciliation and settlement can be enacted immediately since there are no
physical gift certificates to reconcile prior to settlement.

4. Opportunities to increase store traffic and lift sales: By being a
Real-Time Redemption merchant, there will be a significant increase in store
traffic as cardholders recognize the convenience and empowerment of selecting
and redeeming rewards in real-time. The real-time interaction at the
point-of-sale also creates opportunities for sales clerks to up sell higher
margin or higher priced merchandise, as a cardholder’s points may already
a major portion of the purchase price.


Ernex Marketing Technologies is a provider of innovative real-time marketing
solutions for merchants, credit card and bankcard issuers, and large
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
Ernex is a wholly owned subsidiary of RBC Financial Group.



Verso Technologies, Inc., an integrated switching solutions
company that is adapting the cost savings of IP networks to the unique
requirements of voice, announced it has completed the planning,
installation and testing of a fully integrated, turnkey prepaid solution for
Formula One International, a switch-based provider of prepaid long distance
Verso’s state-of-the-art switching technology will enable Formula One to
the first prepaid long distance services into Bangladesh, the eighth most
populated country in the world, one year after the country’s government
deregulated the telecommunications industry for prepaid service.

Verso’s turnkey solution, which included Verso’s highly scalable intelligent
gateways, integrated provisioning and billing software and a full suite of
configurable prepaid, long distance and calling card applications was tested
and approved by the incumbent provider, the government-controlled Bangladesh
Telegraph and Telephone Board, in January of 2002. Formula One launches
its service on March 7th, just months after being awarded one of only five
prepaid services licenses issued by the Ministry of Post & Telecommunications.
As the first licensee to purchase and install equipment for its
network, Formula One underwent rigorous testing of its Verso switch, which
directly interconnects over SS7/C7 with the BTTB network. Formula One plans to
expand its Dhaka City-based network to other cities, such as Chittagong and
Sylhet, using Verso’s integrated platform which includes SS7/C7 signaling to
enable Formula One to seamlessly interconnect to BTTB’s network with no
additional testing required.

“From a business perspective, our decision to take prepaid long distance to
consumer-rich, yet completely untapped Bangladesh market was an obvious one,”
said Mazher A. Masud, Chairman of Formula One International. “Still, our
first-mover advantage came with many challenges, in terms of both business and
technology issues. Verso’s experience as the leader in prepaid telephony made
them the clear choice for this venture. Not only were they able to offer a
variety of telephony applications based on a low cost VoIP and TDM
infrastructure, but they had the experience and the expertise to lead us
through the process of launching into a new and untapped market.”
“Deregulation in countries throughout southern Asia and Africa is creating
enormous opportunity for service providers who are willing to navigate
uncharted territory,” said Steve Odom, Chairman and CEO of Verso. “For those
who do, the number one challenge continues to be interconnection with the
PTTs – a challenge which our prepaid solution can uniquely address because our
technology includes country-specific SS7/C7 signaling software, something most
of our competitors simply can’t offer.”

To quickly drive new traffic on their network, Formula One finalized an
exclusive distribution agreement with four area-based marketing companies in
Bangladesh, which will resell privately branded calling cards through its
outlets across Greater Dhaka.

Globally, usage of long distance minutes is experiencing double-digit annual
growth, with prepaid long distance continuing to be the most popular way to
for long distances services outside of North America. 2001 Census figures
report Bangladesh’s population at more than 130 million, while as many as
150,000 emigrate to Asia, Europe and North America each year in search of
better economic and social conditions. Bangladesh’s large population of both
residents and geographically dispersed emigrants make it particularly
well-suited for the benefits of prepaid long distance services.

About Verso Technologies

Verso Technologies provides integrated switching solutions for communications
service providers who want to develop IP-based services with PSTN scalability
and quality of service. Verso’s unique, end-to-end native SS7 over IP
capability enables customers to leverage their existing PSTN investments by
ensuring carrier-to-carrier interoperability and rich billing features.
complete VoIP migration solutions include state-of-the-art hardware and
software, OSS integration, the industry’s most widely used applications and
technical training and support. For more information about Verso Technologies,
contact the company at www.verso.com or by calling



724 Solutions Inc. announced a strategic alliance with HNC Software Inc. to
help credit and debit card issuers reduce operational costs and improve fraud
detection services primarily through wireless alerting technology. HNC will
integrate its Falcon Fraud Manager technology with 724 Solutions Alerts to
automatically deliver to card holders highly personalized, time-critical
information about potentially fraudulent use of their credit cards through a
variety of methods – including wireless devices.

The combined software is expected to enable credit and debit card issuers to
proactively and inexpensively alert their cardholders to suspicious
transactions via a variety of wired and mobile devices. Card holders will be
able to easily send a reply message to verify the validity of the transaction
or connect immediately to a fraud investigation agent. By combining
multi-channel alert delivery and easy, immediate customer response, card
issuers can cost effectively expand their fraud protection activities and
accelerate their fraud response time. As a result, the solution is expected
lower card issuers’ call center expenses and further reduce card fraud, while
expanding issuers’ customer service initiatives.

“Fraud detection wireless alerts are a high value service for both the
and the card issuer,” said Alistair Rennie, Senior Vice President, Corporate
Development, 724 Solutions. “Cardholders will be notified almost anywhere,
anytime of a potential fraud concern, and they can respond instantly with a
key strokes. For the card issuer, this solution is expected to lower call
center costs and the risk of fraud and give card issuers new opportunities to
leverage the value of their HNC software and interact with their customers.
is a leader in its space and we’re delighted to be working with the company
provide this solution.” 724 Solutions will begin offering the solution to
current HNC customers in the second quarter of the year.

“Teaming with 724 Solutions is another example of HNC using its expertise to
fill a need within the marketplace that further helps our customers improve
their financial performance and enhance relationships with their customers …
the consumers,” said Michael Chiappetta, Executive Vice President of HNC
Analytics Products. “By combining HNC’s and 724 Solutions’ advanced
technologies, card issuers can better protect cardholders while obtaining
maximum and immediate return on investment from their technology investment.”
A valuable piece in the mobile transactions value chain, 724 Solutions Alerts
addresses the need to provide personalized notification services and the
ability for users to immediately act upon that notification using two-way
messaging, particularly where card fraud detection is involved. Strategic to
its focus on mobile transactions, 724 Solutions’ alliance with HNC Software
helps consumers become comfortable interacting with credit card issuers by
using mobile devices to quickly handle account activity. By fostering
mobile communication between consumers and credit card issuing companies, 724
Solutions plans to help drive awareness and increase adoption of the wireless
Internet for mobile transactions.

HNC’s Falcon Fraud Manager is a neural network-based predictive software
that examines transaction, cardholder and merchant data to detect a wide
of payment card fraud. Falcon Fraud Manager protects more than 400 million
credit cards, which accounts for approximately 84 percent of U.S. credit card
transactions and 60 percent of percent of all transactions worldwide.

About 724 Solutions Inc.

724 Solutions Inc. (NASDAQ: SVNX; TSE: SVN) is a leading provider of mobile
Internet infrastructure software and applications. It makes m-business happen
globally by powering the delivery of secure mobile transactions for financial
institutions and mobile operators. With headquarters in Toronto, Canada, the
company has development and sales offices around the world. For more
information, visit

About HNC Software.

HNC (NASDAQ: HNCS) is a leading provider of high-end analytic and decision
management software and tools that enable global companies to manage customer
interactions by converting data and business experiences into real-time
recommendations. HNC’s proven software empowers Global 2000 companies in the
financial services, insurance, telecommunications, health care, and other
industries and governments to make millions of the right mission-critical
customer decisions, and take action in real time, substantially improving
financial performance, reducing costs and decreasing risk. For more
information, visit


MIST 4Q/01

Toronto-based MIST reported that 4Q/01 revenue for transaction services, which includes the POS terminals group, increased 96% to $3.9 million from $2.0 million. Sales of ‘MIST Freedom SPD’, a new smart card enabled pin pad and the ‘MIST Freedom II’ wireless POS terminal led the strong increase. Consolidated revenue for the first quarter was $12.2 million, a decrease of 11.3% compared to $13.8 million for same quarter one year ago. Revenue in the Smart Card Issuance business declined year-over-year from $12.5 million to $8.8 million, with the decline accounted for by relatively strong sales in 2001 and a slowing, post September 11th, in the casino/leisure market. Net income for the quarter was $996,000 compared to income of $7.1 million in the same period in the prior year. The company is currently integrating the Transaction Services and Smart Card Issuance businesses to leverage the customer base of the two operating groups. For complete details on MIST’s latest results visit CardData ([www.carddata.com][1]).

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



At The Asian Banker Summit 2002,
Corillian Corp., a leading global provider of eFinance
solutions, announced that Arab-Malaysian Banking Group,
Bumiputra-Commerce Bank Berhad and RHB Bank Berhad, three of
the top five commercial banks in Malaysia, have all launched Internet
banking sites powered by Corillian.

All three projects involved the implementation of the Corillian Voyager
Internet banking platform, a robust and secure system with the ability to
handle large volumes of online customer traffic. The platform enables the
banks to offer their customers Internet banking, including paying bills,
viewing account balances and transactions online. As the banks develop
their systems, customers will be able to take advantage of funds transfer,
secure messaging, portal facilities, alerts and personalized financial
management tools.

Corillian Voyager – The Operating System for eFinance(tm) – is a
high-performance platform that allows for the delivery of financial
services to customers over the Internet. Voyager provides a link between a
financial institution’s legacy host system and its consumers, using
Internet browsers, personal financial management software and
Internet-ready wireless devices. Voyager’s open architecture design allows
an institution to quickly integrate emerging technologies, deploy the
platform in-house or in a secure data center, and customize the entire
Internet banking presentation to its customers.

Corillian, already a leading player in the U.S. with a strong track record
for providing cutting-edge eFinance solutions to financial services
institutions, is demonstrating that eFinance solutions developed for the
U.S. market can be adapted for other markets. With over 50 financial
institutions already licensing the Voyager product around the world, the
Corillian Voyager platform offers unparalleled levels of scalability for
leading banks that are planning to enhance their Internet operations

“These launches represent the next major step forward for us in Asia,”
said Giles Hewson, Corillian International’s business director for Asia.
“The competitive nature of South East Asian markets is resulting in a
greater liberalization and the rapid adoption of new technologies such as
Corillian Voyager. Domestic banks that do not invest in world-class
eFinance software may find that international banks are soon able to
‘cherry-pick’ its best customers with online services, leaving the
domestic banks with unprofitable business. Corillian Voyager is proven,
reliable and quick to install and this combination has enabled forward
thinking banks like AMBG, BCBB and RHB to take the initiative and provide
the benchmark for Internet banking in this region.”

About AMBG (www.ambg.com.my)

The Arab-Malaysian Banking Group, established in August 1975 as a joint
venture bank between Malaysian Industrial Development Finance Berhad
(35%), Arab-Investment for Asia (Kuwait) Ltd (45%) and Malayan Banking
Berhad (20%), is a leading financial services provider in Malaysia. It
offers an extensive range of banking and financial services, including
investment banking, commercial banking, retail financing, leasing,
stockbroking, insurance, asset/fund management, futures and options
trading, and offshore banking.

About BCBB (www.bcb.com.my)

BCBB was established on October 1, 1999 by the merger of Bank Bumiputra
Malaysia Berhad and Bank of Commerce Berhad. Bank Bumiputra Malaysia
Berhad has been a client of PKTech since 1994. BCBB, the second largest
commercial banking group in Malaysia, offers a comprehensive range of
financial services, and is a part of Commerce Asset-Holding Berhad, a
leading financial services group listed on the Kuala Lumpur Stock
Exchange. BCBB has a large network of more than 250 branches throughout
Malaysia and a worldwide presence with offices in London, New York,
Singapore, Hong Kong and Tokyo.

About RHB Bank (www.rhbbank.com)

RHB Bank is Malaysia’s third largest commercial bank and offers a
comprehensive range of financial products and services ranging from
retail, commercial and corporate banking to Islamic products and services
and electronic banking. With its Head Office at RHB Centre in Kuala
Lumpur, Malaysia, RHB Bank has built an extensive branch and Sales and
Service Outlets (SSOs) network of over 200 offices throughout Malaysia.
RHB Bank also has a regional presence in the region with branches in
Singapore, Bangkok and Negara Brunei Darussalam.

About Corillian International

Corillian International is a leading provider of eFinance-enabling
software for the financial services industry and is a subsidiary of
Corillian Corporation, which is based in Oregon, USA. Corillian
International is headquartered in the UK, and has offices in Italy,
Malaysia and Australia, managing the group’s business in all territories
outside the Americas. Corillian applications support Internet banking,
bill delivery and payment, brokerage, targeted marketing (eCRM), enhanced
data aggregation, and small business transactions through Corillian
Voyager. This product can be deployed on-site at the financial firm or at
a secure data center. Corillian technology also enables Open Financial
Exchange (OFX) access by personal finance management software packages
such as Quicken(r), QuickBooks(r) and Microsoft(r) Money.



EDS announced two contract signings valued at over US$100 million with

Today’s announcements, terms of which were not disclosed, include:

— A contract with Sal. Oppenheim jr. & Cie., one of the largest privately
owned banks in Europe, renewing its IT outsourcing contract with EDS.
Under the new contract, EDS will continue to deliver operational and
project services for the IT infrastructure environment through
June 2007.

— A three-year contract renewal with KBC Bank and Insurance Holding
Company for development and management of software applications for
KBC’s operations in credit, payments, savings, clearing/settlement,
capital markets, trade, finance, securities, and life insurance.

About EDS

EDS, the leading global services company, provides strategy,
implementation and hosting for clients managing the business and technology
complexities of the digital economy. EDS brings together the world’s best
technologies to address critical client business imperatives. It helps
clients eliminate boundaries, collaborate in new ways, establish their
customers’ trust and continuously seek improvement. EDS, with its management-
consulting subsidiary, A.T. Kearney, serves the world’s leading companies and
governments in 58 countries. EDS reported revenues of $21.5 billion in 2001.
The company’s stock is traded on the New York Stock Exchange and the London
Stock Exchange. Learn more at



Transoft International,
Inc., the leading innovator in currency management, has announced today that
Mayne Logistics Armaguard has acknowledged the success of Transoft’s
OptiCa$h software after significant improvements in the past 12 months.

As a result of the implementation of currency management software, Mayne
Logistics Armaguard was able to drive significant operational efficiency
improvements via the management of its ATM service bureau.

“Over the 12 month period, we have been able to reduce our cash outages
from approximately 3% to a holding pattern of 1% or better,” said Roy Russell,
National Administration Manager of Mayne Logistics Armaguard.

“Meanwhile our cash re-banks (surplus cash at the time of each
replenishment) have been reduced from the mid thirty percentiles down to
approximately 20%, with a future focus of achieving a 15% target in mind,” he

“We at Transoft are extremely pleased to hear this news,” said Bo
Holmgreen, President and CEO. “It is great to see quantitative evidence that
our products are delivering value to our customer’s bottom line.”

About Mayne Logistics Armaguard:

Mayne Logistics Armaguard is Australia’s largest and most sophisticated
cash transport and processing business, providing on-time delivery with
accurate reporting and maximum security.

About Transoft:

Transoft is the world’s leading provider of currency supply chain
management analytical applications for the commercial banking industry. Based
in Cary, North Carolina, Transoft, founded in 1992, develops software that
provides large recurring cost savings in the ATM, branch and vault networks of
banks, by applying Operations Research and statistical analysis to the cash
inventory management and balancing of all cost components.

The company’s products include OptiCa$h(C), the industry’s leading
integrated set of analytical applications for predicting currency demand at
each cash point, while optimizing cash deliveries and clearings; and eATM(C),
the next level of NDC/912 ATM software that is hardware independent, thus
offering the capability to operate and manage and entire ATM network with one
software application.

The components of the OptiCa$h(C) suite are: OptiCa$h(C), the leading
optimization and end-to-end processing tool for Currency Management;
OptiNet(C), an integrated web-enabled branch and carrier communications tool
that extends the functionality of OptiCa$h(C) to intranets; and OptiVault(C),
a vault consolidation analytical application that optimizes currency and coin
ordering, denomination management and clearing methods for bank money rooms
and carrier vaults.

Transoft is a privately held company with more than 40 customers in
production across 6 continents, managing cash for over 40,000 ATM’s and
14,500 bank branches. Transoft can be reached at 919.876.9192 and


Certegy Renews CSCU

Certegy Inc., the leading provider of card processing services to credit unions in the U.S., and Card Services for Credit Unions, Inc., the nation’s largest credit union processing association, jointly announced a three-year extension, through 2007, of Certegy’s contract to provide payment services processing.

Through its contract with Certegy, CSCU processes for more than 1,800 credit unions across the United States. This three-year contract extension, added to the two and one-half years remaining on the current term, ensures continuity and critical services support to the nation’s credit unions by the two organizations. The contract terms provide for the continuation of Certegy’s full array of card products including debit and credit card processing, merchant processing, and various support services. “Once again, we are extremely pleased to extend this long-standing partnership with CSCU,” stated Larry Towe, executive vice president and COO, Certegy Inc. “We are committed to providing quality card and merchant processing services to CSCU’s membership, delivered with the same high standards that we’ve provided over the past 12 years,” said Towe.

CSCU and Certegy’s partnership began in 1989. From just under 500 card- issuing credit unions and 1.3 million cardholder accounts, together the two companies have become the major player in the credit union card services business processing for over 1,800 credit unions serving over 7.6 million cardholder accounts.

“The contract extension with Certegy assures that the CSCU membership will continue to receive state-of-the-art card and merchant processing services, cutting edge products and various related card services for many years to come,” said John Fiore, chairman of CSCU and CEO of Motorola Employees Credit Union in Schaumburg, Illinois. “Our long-term relationship with Certegy is a testament to CSCU’s commitment to support our membership’s card processing needs. We are staying current with the new technologies and systems to allow credit unions to compete head-to-head on a level playing field with the largest financial institutions,” concluded Fiore.

CSCU and Certegy, through Web-based applications such as eZCardInfo(SM) (which delivers 24/7 cardholder access to account information) and E- Reports(SM) (which electronically delivers card program operating results to credit unions), are keeping credit union offerings competitive. CSCU’s membership also benefits from the industry’s first suite of online portfolio analysis tools, with the Virtual Card Consultant(SM) (VCC). VCC offers CSCU members 24/7 access to 24 months of comprehensive portfolio reports and graphs, to track and compare key performance indicators with peer group and industry averages and to identify program growth and profit opportunities.

CSCU, based in Clearwater, FL, is the nation’s largest credit union card processing association with nearly 1,800 credit unions representing 7.6 million MasterCard and Visa credit and debit card accounts. For additional information about CSCU, please visit [http://www.cscu.net][1] or call (727) 536-6800.

Certegy provides credit and debit processing, check risk management and check cashing services, and merchant processing to over 6,000 financial institutions, 175,000 retailers and 140 million consumers worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence with operations in the United States, Canada, United Kingdom, Ireland, France, Chile, Brazil, Australia and New Zealand. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, credit risk management solutions and integrated customer support programs which facilitate the exchange of business and consumer payments. Certegy generated $851 million in revenue in 2001. For more information on Certegy, please visit [http://www.certegy.com][2].

[1]: http://www.cscu.net/
[2]: http://www.certegy.com/



Computer Associates International, Inc. announced that Europay
International, Europe’s leading payment system, will deploy CA’s award-winning
eTrust solutions to strengthen the security of its infrastructure and support
an extensive new business-critical IT fraud security initiative.

“With IT fraud attempts increasing globally by 25 percent a year, security
isn’t just an IT issue for Europay — it’s a business imperative,” said
Christophe Stenuit, Europay’s manager of IT security. “That’s why we need an
effective system for proactively detecting and preventing anyone who would
want to crack our system.”

Europay is already using eTrust Access Control, and will deploy eTrust
Intrusion Detection, eTrust Audit and eTrust Policy Compliance as part of a
central IT monitoring program. eTrust will help collecting, in a common
format, all corporate computer log files. In combination with Europay’s
Aristion(R) fraud detection software, this new initiative will provide
efficient and proactive positioning against internal and external computer
threats, network abuse, misuse and intrusions. It will offer Europay better
access control to its critical systems by streamlining security administration
to ensure superior enforcement of security policies at a lower cost and with
fewer person-hours.

Europay International has a global vision and a proactive process for IT
infrastructure security. “CA’s eTrust solutions, together with support from
CA Services, will help us to address one of the most complex of our security
issues,” said Stenuit. “Working with our Aristion(R) fraud detection
software, CA eTrust will help Europay significantly reduce its potential IT

“It is extremely rewarding to us that a company with Europay’s
environmental complexity and worldwide reach has selected CA as its strategic
security partner,” said Dominique Bedeur, regional vice president, CA
Brussels. “We look forward to working with Europay’s outstanding eBusiness
security team to address the challenges of minimizing risk as their payment
services continue to evolve and expand.”

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,
291.1 million cards (Eurocard(R)-MasterCard(R), Maestro(R), Cirrus(R) and
eurocheque) provide European and global debit and credit card services, and
offer cash access to Europe’s largest network of more than 305,800 ATMs in
43 countries. Through its alliance with MasterCard International, over
600,000 ATMs and more than 22 million retail locations worldwide accept
Europay products. Europay’s website 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. For more information,
visit http://www.europay.com.

About Computer Associates

Computer Associates International, Inc. (NYSE: CA) delivers The Software
That Manages eBusiness. CA’s world-class solutions address all aspects of
eBusiness management through industry-leading brands: Unicenter for
infrastructure management, BrightStor for storage management, eTrust for
security management, CleverPath for portal and business intelligence,
AllFusion for application life cycle management, Advantage for data management
and application development, and Jasmine for object-oriented database
technology. Founded in 1976, CA serves organizations in more than
100 countries, including 99 percent of the Fortune 500 companies. For more
information, visit http://ca.com.