Euronet Worldwide and Satelindo, an Indonesian mobile operator,
announced an agreement that will enable Satelindo’s consumers to purchase
Mentari-branded prepaid airtime directly from their mobile phones.
The agreement was signed by Euronet Sigma Nusantara, a joint venture company
between Euronet Worldwide and PT Sigma Cipta Caraka.

With Euronet’s Mobile Recharge solution, Satelindo will offer added
to its Mentari mobile phone customers. With simple SMS commands, customers can
top up airtime on their prepaid mobile phones — any time, any place. After
authorizing and processing the transactions, the customers’ bank accounts will
be debited for the purchase amount with no additional transaction fee. The
customers’ mobile phones will then receive an SMS message from Satelindo
confirming that their prepaid accounts have been credited. This new service
eliminates the need to purchase prepaid scratch-off cards.
Satelindo is the first Indonesian mobile operator to offer the ability to
increase mobile phone minutes directly from the handset. Satelindo,
second-largest mobile phone operator, has more than 1.7 million customers, and
approximately 80% of them use prepaid services.

“Euronet’s innovative Mobile Recharge solution enables Satelindo to lead the
way in providing mobile payment solutions in Indonesia and Southeast Asia,”
said Jan Nilsson, Satelindo Cellular Director. “We believe that our customers
will appreciate the added convenience of being able to top up their phones any
hour of the day with no additional transaction fee.”
Euronet Worldwide offers mobile operator solutions that enable airtime to be
added to consumers’ prepaid accounts from ATMs, point-of-sales devices, the
Internet and directly from the mobile phone. The company provides its recharge
solutions to eight GSM mobile operators in Poland, Hungary, the Czech
Croatia and Norway.

“We are excited about working with Satelindo to implement Euronet Mobile
Recharge in Indonesia,” said Michael Brown, Euronet Worldwide Chairman and

“We have been providing electronic banking solutions in this region for 10
years through our relationship with PT Sigma Cipta Caraka, and we are happy to
expand our electronic payment solutions in Indonesia to the mobile operators.
With the exploding growth of the mobile phone industry, and particularly of
prepaid mobile sector, this product offers significant cost and time savings
and convenience for the GSM service providers.”

Euronet Worldwide provides products, services and a transaction-processing
network in Indonesia through PT Euronet Sigma Nusantara, a joint venture
company with PT Sigma Cipta Caraka, an Indonesian banking information
technology firm and the local distributor of the Euronet brand software. The
joint venture company also markets its ATM outsourcing services to Indonesian
banks and local subsidiaries of multinational banks, with the intention of
providing ATM monitoring and other network services in addition to transaction

About Euronet Worldwide

Euronet Worldwide is an industry leader in providing secure electronic
financial transaction solutions. The company offers financial payment
middleware, financial network gateways, outsourcing and consulting services to
financial institutions and mobile operators. These solutions enable their
customers to access personal financial information and perform secure
transactions — any time, any place. The company has processing centers
in Europe, Asia and the United States, and it owns and operates the largest
independent ATM network in Europe. With corporate headquarters in Leawood,
Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves
more than 200 clients in 60 countries. Visit our web site at

About Satelindo

Satelindo was founded in 1993. The shareholders are PT Indosat and DeTe Mobile
(a wholly owned subsidiary of Deutsche Telekom). Visit the Satelindo web site


US Dataworks Processes $2B

US Dataworks Inc., a wholly owned subsidiary of SonicPort Inc. and a provider of software solutions for the financial industry, announced that it processed more than $2.4 billion in transactions in 2001.

“We are very pleased to see concrete evidence that our business model works,” stated Sonicport CEO Charles Ramey. “We have every expectation that these figures mark the beginning of a major growth period for US Dataworks.” Various divisions of the U.S. Government utilized US Dataworks transaction software solutions, as well as other companies including the world leader in charge & credit cards, travelers cheques, travel, financial planning, insurance and international banking.

US Dataworks President Terry Stepanik said: “Demand for our Remoteworks, Remitworks and MICRworks transaction software continues to grow at a tremendous pace. The market’s acceptance of Microsoft Windows NT(R) and Windows 2000(R) as the software platform for transaction processing, combined with the enormous need for Automated Clearing House (ACH) solutions, validates our belief that our market leadership will continue in the coming years.”

About US Dataworks Inc.

US Dataworks Inc. is a wholly owned subsidiary of SonicPort Inc. US Dataworks develops, markets and supports transaction processing software for the financial services industry. Its customer base includes many of the largest financial institutions as well as credit card companies, government institutions and high-volume merchants in the U.S. It has a strategic alliance with CheckFree Corp. (Nasdaq:CKFR) to license Dataworks’ software for its banking customers. It also has a strategic alliance with Thomson Financial Publishing, a unit of Thomson Corp. (TSE:TOC), to incorporate their EPICWare database into US Dataworks products.

About SonicPort Inc.

SonicPort Inc. is a financial services company specializing in the integration of transaction-processing software with ASP services, IT expertise and customer service. Additional value-added services include custom software applications and technical support.



Within the context of the Navigo project, Ascom has installed a contactless ticketing system at almost 2000 access control gates on the RER network and RATP underground railway in Paris. Of these, 1400 have been in operation sinces 30 November 2001. Initially reserved for holders of the “Carte Integrale” pass, they are to be gradually extended to serve all passengers.

Transactions in a trice

The Ascom contactless ticketing validators are designed to provide unparalleled ease of use for RATP customers: passengers simply move to within a few centimetres of a target mark to have their tickets automatically validated. The transaction is performed almost instantaneously, enhancing the flow of traffic. The new equipment is also equipped for interoperability, which will come into force at a defined point in the future. Passengers will then be able to use the same ticket for transport on the RATP and SNCF networks.

Ascom’s participation in the Navigo project, confirms its lasting commitment to RATP, wich has been a customer since the 1960s.



Bermuda-based First Atlantic Commerce, a leading e-commerce payment solutions
provider, announced platform compatibility with Miva Corporation’s Miva
Merchant, a leading storefront development and management system.

First Atlantic Commerce provides multi-currency transaction processing
through cGate, a secure, fully flexible card payment system, in addition to
acquirer consulting and risk management services.

Miva Merchant is a dynamic browser based system that allows merchants to
multiple online stores. The browser based administration interface provides
access to sophisticated tools to maintain catalogs and inventory, manage
customer accounts, create comprehensive promotional campaigns, handle order
fulfillment responsibilities and generate detailed sales and website traffic

Integration with Miva Merchant enables First Atlantic Commerce’s payment
processing platform to operate in conjunction with the shopping cart
application, providing merchants with easy access to selling their wares over
the Internet in the currency of their choice.

“First Atlantic Commerce’s compatibility with Miva further enhances our global
e-commerce payment platform and provides the small to medium segment of our
customer base with a one stop shop for their e-commerce needs,” said Andrea
Wilson, CEO of First Atlantic Commerce.

“Miva Merchant together with First Atlantic Commerce’s payment processing
platform provides customers with the ability to launch customized e-commerce
stores quickly, easily and efficiently.”

Express Market, a division of Trinidad Express, the national newspaper for
Trinidad and Tobago, is the first customer to go live on the First Atlantic
Commerce and Miva Merchant platform.

“First Atlantic Commerce’s integration with the Miva shopping cart product
allows Trinidad Express to utilize a transaction processing service provider
that is based in our region and understands our region, while having access to
a leading storefront provider that caters to small to medium sized
said Tony Johnson, General Manager, Business Development of Trinidad

The Express Market website, which offers an array of products from books and
CDs to stationery and clothing for sale, can be found at

About Miva Corporation

Founded in 1996, Miva Corporation provides the leading e-commerce platform for
channels that target small-to mid-size businesses. These distribution partners
are at the forefront of servicing the exploding number of small to mid-size
businesses using the Internet to expand their market reach. Channels can
and quickly integrate the Miva platform of scripting, end-user applications
API with their existing services to deliver complete e-commerce solutions to
SMBs. No other e-commerce platform company offers the ease of browser-based
point and click, deep-down customizability and the reach to deliver integrated
marketing services. For more information on Miva’s products, contact Miva
Corporation, 5060 Santa Fe Street, San Diego, California 92109. Phone: (858)
490-2570, fax: (858) 731-4200 or visit Miva’s Web site at

About First Atlantic Commerce Ltd.

First Atlantic Commerce, a Bermuda-based e-commerce solutions provider since
1998, specializes in consulting services to acquiring banks for Internet
enablement, and secure payment solutions for e-businesses. The company
universal payment solutions such as multi-currency and multiple jurisdiction
settlements to enable businesses to access the global marketplace. Through
custom software systems, First Atlantic Commerce connects merchants to major
international credit card processors, as well as numerous globally recognized
banks, ensuring fast and secure transaction processing. cGate and cGateSecure
were developed by First Atlantic Commerce using the latest technology and
highest levels of encryption. For more information on First Atlantic
visit our web site at or
Melanie Burns at or 441 294-4624.


Metris 4Q/01

Metris Companies/Direct Merchants Bank delivered a 46% increase in profits for the fourth quarter, from $48.6 million for 4Q/00 to $70.7 million for fourth quarter 2001. During the quarter, Metris added over 290,000 new credit card accounts, including 40,000 from a bank card portfolio acquisition, resulting in a total of 4.9 million accounts at the end of the year. The managed credit card loan portfolio increased by $880 million during the fourth quarter, resulting in a portfolio of over $11.9 billion at Dec 31. Managed credit card fees, interchange and other credit card income increased 31% to $160.1 million for the fourth quarter from $122.6 million in the fourth quarter of 2000. The comparable managed net charge-off rate was 10.9% for 4Q/01 compared to 9.7% for 4Q/00. The comparable managed delinquency rate was 9.7% at Dec 31, 2001, compared to 8.3% at Dec 31, 2000. For the fourth quarter of 2001, managed net interest margin was 14.0%, compared with 14.2% for the third quarter of 2001 and 12.6% for the fourth quarter of 2000. For current and historical performance on Metris Companies/Direct Merchants Bank visit CardData ([][1]).




Zebra Technologies Corporation, the worldwide leader in bar code labeling
solutions and plastic card printers, announced that it entered into a
distribution agreement with EMJ Data Systems, Ltd., a leading
Canadian distributor of computer, networking and wireless solutions. EMJ will
support Canadian resellers marketing Zebra Technologies’ Eltron card printer
products used in applications such as high-security access control, personal
identification, photo ID cards, employee badges, library cards and other
applications where longer life plastic cards are a better solution. In 2001,
EMJ acquired former Eltron distributor, SDMS.

“We are very excited to be carrying Eltron card printers for resellers
throughout Canada,” stated Jim Estill, president and CEO of EMJ. “Since our
specialty is in creating vertical niches that will help our resellers grow,
Zebra’s Eltron card printer products help us broaden our solutions for
security, auto ID and point-of-sale. End users are continually implementing
new applications for plastic cards. The Eltron brand of card printers is the
industry’s most respected.”

“We’re very proud to have EMJ represent us in the Canadian market,”
emphasized Zebra Technologies Eltron Card Printer Products North American
Sales Manager David Murphy (Edina, Minn.). “We look forward to EMJ supporting
the Canadian channel for our Eltron card printer products in the same way
Canadian resellers have relied on them for assistance with our Zebra bar code

About EMJ Data Systems, Ltd.

EMJ Data Systems, Ltd., headquartered in Guelph, Ontario, is a Canadian,
publicly-owned distributor of computer products and peripherals. EMJ
specializes in niche-market products for Apple, Digital Video,
Internetworking, Point-of-Sale, RAID, Unix and Wireless applications. EMJ
Data Systems, Ltd. has branch offices in Vancouver, Calgary, Winnipeg, Ottawa,
Markham, Montreal and Halifax, as well as one office in the United States.
EMJ is traded on the Toronto Stock Exchange (TSE) under the symbol EMJ.
Interested parties can reach EMJ via

About Zebra Technologies Corporation

Zebra Technologies Corporation (Vernon Hills, Ill.) manufactures and
distributes Zebra brand on-demand bar code label printers and Eltron brand
secure ID printing systems and plastic card printers used in automatic
identification and plastic card personalization applications worldwide. The
company, with an installed base of more than 2 million printers, also offers
software and related supplies, including more than 300 label and ribbon
combinations. Zebra’s customers include more than 70 percent of the FORTUNE
500. The company’s stock is traded on the Nasdaq Stock Market under the
symbol ZBRA. Information about Eltron brand card printer products can be
found at


PPP Promotes Smoczynski

Perfect Plastic Printing is pleased to announce the promotion of Gary Smythe to the position of Chief Operating Officer. Gary previously held the position of Executive Vice President and has been with Perfect Plastic for 18 years.

In addition, Christopher Smoczynski has been promoted to Executive Vice President. Christopher has been with Perfect Plastic for over 12 years and previously held the position of Group Vice President.

PPP is one of the world’s leaders in secure credit card manufacturing, and has been producing the finest quality secure credit cards since 1995.



NYCE Corporation announces that John J. Smith has joined the company in the position of Vice President and Chief Technology Officer.

In his new post at NYCE, Mr. Smith will be responsible for the operation of the company’s 24×7 data center, the technological core of the NYCE Network and NYCE EFT Processing Services. In addition, he will oversee systems development, telecommunications infrastructure and future capacity planning. Mr. Smith possesses more than 25 years of banking related technology services. Prior to joining NYCE, most of his career was spent at Summit Bank and its predecessors. There he managed systems development for over ten years and was responsible for all of the bank’s technology operations.

Mr. Smith will report to Steven A. Rathgaber, Executive Vice President and Chief Operating Officer with NYCE. “John’s extensive knowledge of, and experience with, financial services data processing will be invaluable to us as we expand our leadership role in the consistent delivery of quality and reliability to our customers,” Rathgaber said.

About NYCE

NYCE Corporation is one of the leading electronic payments companies in the United States, providing financial institutions and retailers with shared network services for automated teller machines (ATMs), on-line debit point-of-sale (POS) and emerging real-time payment solutions. The company also provides processing services that support ATM management and monitoring services, as well as debit card issuance and authorization solutions. NYCE’s strategic alliance with First Data Corporation (FDC) is a unique model for the industry that combines the strengths of both organizations through product development, service delivery and complementary national/international reach. NYCE has also established itself as a front-runner in real-time person-to-person (P2P) payment services and PIN-secured Internet debit payment solutions. Comprising 2,200 financial institution and retail ATM Participants, the NYCE Network processes approximately 100 million transactions per month while servicing more than 48 million cardholders through 45,000 NYCE-branded ATMs and 350,000 POS locations. NYCE Corporation is headquartered in Woodcliff Lake, NJ, and can be found online at [][1].



Smart Card Alliance Conference

The Smart Card Alliance, a non-profit association working to accelerate the adoption of multiple applications for smart card technology, will host a conference on February 5 through February 7, 2002 in Austin, Texas. The event, to be held at SchlumbergerSema’s Austin campus, will provide an opportunity for business and government leaders to discuss the heightened interest in smart card implementation including secure personal identification systems as well as banking and payment infrastructure applications. The event will include a one-day educational program from the Smart Card Alliance Educational Institute and a two-day conference.

“This conference will be an ideal resource for those organizations actively involved in implementing a smart card program or investigating how smart cards can fit into their business strategies,” said Donna Farmer, CEO and president of the Smart Card Alliance. “The February Smart Card Alliance meeting will enable collaboration with top industry experts as well as provide a sounding board for key issues and discussion on how smart cards can provide security and payment solutions.”

The Alliance was created when the industry’s key organizations, the Smart Card Industry Association and the Smart Card Forum, merged in early 2001. The combined membership brings together leading users and technologists from both the public and private sectors. Known as the single industry voice for smart cards, membership includes leading companies in the banking, financial services, computer, telecommunications, technology, healthcare, retail, and entertainment industries, as well as a number of government agencies.

Regarding the upcoming conference, Smart Card Alliance chairman and vice president of SchlumbergerSema Transaction Systems, Paul Beverly noted, “This is the leading forum in North America to obtain information on smart cards, with the opportunity to network, cooperate on projects and establish cross-industry business partnerships.”

The first smart card was invented in the 1970s and since its inception, smart cards have evolved to play a vital role in network security, secure identification and financial payment systems. Frost and Sullivan estimates that the smart card market will grow at a 41 percent compound annual rate over the next three years in North America, from 32 million cards issued in 2000 to 125 million cards issued in 2004.

About the Event

The Smart Card Alliance February event will include two key programs. The Educational Institute’s pre-conference smart card education program features industry-renowned expert speakers and, for the first time, both the Smart Card 101 course and the new Smart Card 201 course will be offered. The courses will run concurrently on February 5, 2002. The second program will be a two-day conference on February 6 and 7.

About the Smart Card Alliance

The Smart Card Alliance is a not-for profit, multi-industry association of member firms working to accelerate the widespread acceptance of multiple applications for smart card technology. Through specific projects such as education programs, market research, advocacy, industry relations, and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. For more information please visit [][1].



FUSA 4Q/01

First USA reported a 70% increase in fourth quarter operating income of $326 million, driven by higher net interest income, lower expenses and the addition of the Wachovia credit card business last year. The pre-tax return on outstandings was 3.10% in the fourth quarter, up from 2.64% in the prior quarter. End-of-period managed loans were $68.2 billion, up $1.2 billion from 4Q/00. First USA opened 1.0 million new accounts during the quarter, a 22% increase from the year-ago quarter and down 13% from the third quarter. At Dec 31, 55.6 million cards were issued. The managed charge-off rate increased to 5.59% from 5.41% a year ago, reflecting lower average outstandings on the legacy First USA portfolio and higher losses, and decreased from 5.89% in the third quarter, reflecting lower losses. The managed 30-day and 90-day delinquency rates were 4.46% and 1.93%, respectively, down from 4.51% and 2.02% in the year-ago quarter and up from 4.25% and 1.80% in the third quarter. For current and historical performance on Bank One/First USA visit CardData ([][1]).



TSYS 4Q/01

TSYS reported a 36.5% increase in net income for the fourth quarter to $29.5 million. TSYS reported bankcard processing revenues of $148,781,000 during 4Q/01, a 13.9% increase. The processor predicts net income will grow by at least 20% this year. TSYS also noted it acquired TSYS Total Debt Management, Inc., from Synovus Financial for stock valued at $43.5 million. Before the acquisition, TDM operated as a wholly owned subsidiary of Synovus; it now operates as TSYS Debt Management, a wholly owned subsidiary of TSYS. For current and historical performance on TSYS visit CardData ([][1]).