Digital Insight Loses CFO

Digital Insight announced that Kevin McDonnell, the Company’s Senior Vice President of Finance & Administration and CFO, has decided to leave the Company in April 2002 for personal reasons. The Company has begun a search for a replacement. In the interim, Michael Dunn, Vice President of Finance will be responsible all Finance responsibilities. Dunn will report directly to John Dorman, Chairman and CEO for Digital Insight.

McDonnell will assume the title of Senior Vice President, Corporate Development during this transition period in order to focus his attention on helping the Company with strategic acquisition initiatives. McDonnell joined the Company in March 1999 as CFO. “Digital Insight is a great Company and is positioned for continued success,” said McDonnell. “Being a part of its phenomenal growth and success of Digital Insight has been personally rewarding. This change will allow me to focus on other interests and priorities, including more time with my family,” said McDonnell.

“Kevin’s contributions to Digital Insight have been very significant — guiding the Company through high growth while successfully financing the Company through multiple private and public equity financing transactions, contributing to our current strong cash position of more than $65 million,” said Dorman. “More importantly, he has helped significantly on our drive to achieving and sustaining operating profitability. We are very confident in our ability to continue the trends of strong growth and operating profitability that Kevin has helped to build.”

About Digital Insight

Digital Insight(TM) Corporation ([][1] ) is the preferred eFinance enabler for visionary financial institutions. Through its comprehensive portfolio of outsourced, Internet-based financial products and services built upon the Company’s unique architecture, Digital Insight moves banks and credit unions Beyond Internet Banking(TM) to become the trusted transaction hub for their retail and commercial customers. Exclusively endorsed by the American Bankers Association(R) (ABA), and currently serving nearly 1,400 financial institution clients nationwide, Digital Insight provides retail and commercial Internet banking, electronic bill payment and presentment, eCommerce portal technology, wireless channel delivery, advanced targeted marketing, website development and maintenance, as well as online and call center lending services. Each Digital Insight product and service reinforces the brands of its client financial institutions. Digital Insight. Beyond Internet Banking.(TM)



CyberCash Liquidation

CYCH, Inc., f/k/a CyberCash, Inc. announced that the United States Bankruptcy Court for the District Of Delaware approved CYCH’s proposed First Amended Liquidating Plan of Reorganization, under which CYCH will liquidate its remaining assets and make distributions to its creditors and shareholders.

CYCH and its Tellan and ICVerify subsidiaries filed voluntary petitions for reorganization relief under Chapter 11 of the Bankruptcy Code on March 2, 2001. CYCH conducted an auction of its assets on April 11, 2001, which resulted in the sale of its Internet payment processing business to Verisign, Inc. and its software businesses, including the ICVerify and Tellan subsidiaries, to First Data Merchant Services. ICVerify and Tellan were dismissed from the bankruptcy proceedings.

Under the Plan, CYCH will pay all allowed claims of its creditors in full plus interest calculated from the filing date. CYCH expects to begin making distributions to creditors holding allowed claims before the end of the year. CYCH also expects to begin making distributions before the end of the year to stockholders of record on December 3, 2001. The transfer ledger for the CYCH stock will be closed on the record date, and the outstanding common stock will be exchanged for the right to receive liquidating dividends.

Dan Lynch, Chairman of the Board of CYCH, reflected on the court ruling. “While I am saddened by the dissolution of CyberCash, I believe the employees of CyberCash were among the most creative and resourceful individuals I have worked with. CyberCash’s innovations proved the viability of the Internet as a tool for commerce, both in the consumer sector and in the business-to- business sector.

The last eight months have been difficult ones, but thanks to Tom LaHaye and his dedicated team, and the efforts of Morris, Nichols, Arsht & Tunnell, we have managed to end our corporate existence with our debts paid in full and a meaningful distribution to our shareholders. Under the circumstances, this is an excellent outcome.”

Under the Plan, a Plan Administrator will manage the assets and liabilities remaining after the initial distributions. Further distributions to shareholders of record are possible in 2002.

Information about CYCH can be found at . Information about the bankruptcy proceeding can be found at [][1].



Intermec 782T CR Printer

A new portable workboard printer from Intermec Technologies Corp. moves the point of service directly to the customer, with the ability to deliver real-time credit card verification on the spot.

The new 782T CR printer, an enhancement of the 782T, can read magswipe or smartcard data. When used in tandem with the Intermec’s 710 mobile computer with 802.11b wireless capabilities, the 782T CR takes transactions away from the counter and to the customer’s preferred point of sale.

“The 782T CR with a wireless 710 mobile computer speeds transaction time and helps improve customer service,” said Rich Sherman, Intermec director of product marketing. “The potential for mobile point-of-service is tremendous. For example, lumberyard workers must wait on customers outside where the lumber is stacked. Instead of forcing the customer to walk inside to complete the transaction, the 782T CR/710 combination lets the entire transaction can take place at the customer’s vehicle.”

The 782T CR’s built-in, low-profile reader collects magswipe or smartcard data and stores it in the printer buffer memory until the 700 Series mobile computer requests it. After processing the information, the mobile computer can send data to the printer for printing receipts or orders.

The 782T CR is a small and light, yet rugged, 2-inch direct thermal printer that can be used in even the most challenging home delivery and field service environments. Designed specifically to hold the Intermec 700 Series mobile computer, the 782T CR printer workboard is a rugged one-piece solution that can withstand extreme temperature and weather conditions as well as multiple five-foot drops to concrete.

The 782T CR prints at approximately 1.8 inches-per-second and holds more than 100 feet of thermal receipt paper. It prints both standard and bar coded receipts, as well as graphics such as captured signatures.

When plugged into a charging device, the 782T CR can charge itself as well as the 700-series computer. It comes standard with customer-replaceable lithium ion batteries, IrDA and RS-232 serial communications, and 4MB flash memory for added performance. The workboard accommodates a hand strap and shoulder strap or can be mounted in a vehicle.

The 782T CR is the latest in Intermec’s line of portable printers, which deliver maximum portability and minimum size as well as the ability to withstand the rugged conditions of distribution applications.

About Intermec

Intermec Technologies Corp., a UNOVA Inc. (NYSE:UNA) company, is a leader in global supply chain solutions and in the development, manufacture and integration of wired and MobileLAN(TM) wireless automated data collection, Intellitag(R) RFID (radio frequency identification), mobile computing systems, bar code printers and label media. The company’s products and services are used by customers in many industries to improve productivity, quality and responsiveness of business operations, from supply chain management and enterprise resource planning to field sales and service. To learn more about how companies can benefit from Intermec’s supply chain technologies, contact Intermec Technologies Corp., 6001 36th Ave. West, P.O. Box 4280, Everett, WA 98203-9280 USA; telephone 800/347-2636; or visit Intermec’s web site at [][1]. To learn more about UNOVA, visit [][2].




TietoEnator is on the home
stretch with the Euro2002 project of Automatia, who is responsible for ‘Otto’
cash ATMs. Changes required by the Euro have been completed in good time and
the final tests are gone through right now. The first ATMs will hand out Euros
as soon as on the first night of the new year 2002. Within two weeks of the
turn of the year all of the about 2,000 ‘Otto’ ATMs everywhere in Finland will
only deliver Euro bills.

To the Finns cash ATMs are a part of everyday life, in average over 10,000
withdrawals per month are being made with one ATM. In Europe, the
number is about 3,500 withdrawals. A majority of bills, also Euro bills, are
delivered via ATMs to the banks’ customers. This allows a more speedy delivery
of Euro bills in Finland than in many other European countries.

TietoEnator has been totally responsible for implementing the information
system changes for Automatia. The planning of Euro changes was started as
as the year 1997. An important part of the development work has been to
guarantee the uninterrupted and simultaneous operation between Automatia and
the Finnish banks.

The services of TietoEnator Finance Sector are based on a strategic
with our customers. Finance sector’s solutions concentrate on key technologies
and the goal is, via Europe, to be a global e-finance solution provider. In
addition to Internet banking solutions, TietoEnator Finance Sector also
commands strong expertise in payment systems and selected capital market
solutions. Finance Sector operates in 11 different countries with more than
1700 experts and over 300 customers world-wide. TietoEnator Finance Sector is
the leading partner for the banking, insurance and finance sector in Northern

With more than 10,000 employees and annual net sales of 1.1 billion Euro,
TietoEnator is a leading supplier of high value-added IT services in Europe.
TietoEnator provides consulting, systems development and integration,
and support, product development services for customers, and software

The Group has in-depth knowledge of its customers’ businesses in areas such as
telecommunications, finance, the public sector and the forest and energy


ePS Acquired

Trintech has acquired VeriFone’s ‘ePS’ product line for $3.3 million. The deal includes the source code to all releases of all related products and technologies, as well as all existing ‘ePS’ customers. The ‘ePS’ product line provides payment switching, prepaid and Internet functionality, and has an installed base of more than 35 customers. The product line is aimed at large retailers, financial institutions, network operators and other multiple service providers. As part of today’s agreement, VeriFone is joining Trintech’s ‘PayWare Partner Program’ as a reseller of ‘PayWare’ products to ensure there is an integrated working relationship between the two companies. Trintech says the addition of ‘ePS’ to its ‘PayWare’ suite of products will significantly reduce the investment and time to market for new features, including support for gift cards, enhanced prepayment options, and check authorization.


Diamond Club Settles

A group operating out of New Jersey defendants has settled FTC charges in regard to deceptive telemarketing of advance fee VISA or MasterCard credit cards. The company, Financial Services of North America, Inc., agreed to pay $239,793 for consumer redress as part of the settlement. The defendants claimed that for a $99 fee, consumers with credit problems were guaranteed to obtain major credit cards. Instead of receiving the promised credit cards, however, consumers received a membership in the “Diamond Club,” a merchandise-purchasing club. Consumers also received a credit card application to a South Dakota bank issuing sub-prime credit cards, which required additional application fees. The FTC says the defendants debited many consumers’ bank accounts without their authorization, and, in other instances, they debited consumers’ accounts in amounts exceeding the amounts authorized by the consumers.


Anthrax & Online Billing

Web site traffic data is showing no link between the recent anthrax scares and consumer adoption of electronic billing. Unique visitors to online billing sites, including American Express and Discover Financial Services, increased by an average of 2.8% during each of the last three weeks of October, compared to a 2.5% average weekly growth increase over the last three months. Jupiter Media Metrix says the difference is not statistically significant and should be expected as more consumers embrace online financial applications including online billing. Online bill payment is growing about 12% over 2000 levels. A recent Jupiter survey indicates 42% of consumers are most interested in viewing and paying their bills at online banking sites.


Diebold Global Promotions

Diebold, Incorporated announced that Thomas R. D’Amico was promoted to senior vice president of global manufacturing and quality and Larry D. Ingram was named vice president of global procurement.

In his new position, D’Amico will be responsible for leading the manufacturing and quality operations, and implementing best practices within these functions around the world. D’Amico was previously vice president of manufacturing for North America. He will report directly to Wesley B. Vance, chief operating officer of Diebold.

In a related appointment, Ingram was named vice president of global procurement. In this position, which reports to D’Amico, Ingram will be responsible for Diebold’s procurement strategies on a global basis.

“Both Tom and Larry have done an outstanding job in their respective areas in implementing best-of-class manufacturing and procurement practices within the North America organization,” said Vance. “Consolidating the management focus of these functions will help optimize the company’s resources and supply chain while reducing costs on a global basis.”

Prior to joining Diebold, D’Amico was executive vice president of operations for the Overhead Door Corporation in Alliance, Ohio. He has also held management and manufacturing positions at various companies, including Procter and Gamble and Coopers & Lybrand. D’Amico received a bachelor’s degree in industrial engineering from Polytechnic University in Brooklyn, N.Y., and a bachelor’s degree in physics from St. John’s University in Queens, N.Y.

Ingram joined Diebold in 1985 and has held various executive management positions within the company. Before joining Diebold he held management positions at NCR Corporation. Ingram earned a bachelor’s degree in business administration from Western Kentucky University.

Diebold, Incorporated is a global leader in providing integrated self- service delivery systems and services. Diebold employs more than 12,000 associates with representation in more than 80 countries worldwide and headquarters in Canton, Ohio, USA. Diebold reported revenue of $1.7 billion in 2000 and is publicly traded on the New York Stock Exchange under the symbol ‘DBD.’ For more information, visit the company’s Web site at [][1].



Tidel Shareholder Suit

The following statement was issued Friday by the law firm of Stull, Stull & Brody:

Notice is hereby given that a class action lawsuit was filed on November 9, 2001, in the United States District Court for the Southern District of Texas, Houston Division on behalf of purchasers of the common stock of Tidel Technologies, Inc. (“Tidel”) (Nasdaq:ATMS) from between April 6, 2000 and February 8, 2001, inclusive (the “Class Period”) against defendants Tidel, James T. Rash, Mark K. Levenick, James L. Britton III and Jerrell G. Clay. The complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of material misrepresentations to the market between April 6, 2000 and February 8, 2001, thereby artificially inflating the price of Tidel common stock. Specifically, the complaint alleges that, during the Class Period, Tidel falsely touted its sales of automated teller machines, or ATMs, at a “record” pace. These materially false and misleading statements allowed the Company to begin trading on the NASDAQ national trading system, which would have been impossible without the Company’s false and misleading statement and the consequent artificial inflation of the Company’s stock price. When Tidel finally disclosed that its largest customer’s orders would be at “substantially reduced levels for the quarter ending March 31, 2001,” Tidel’s stock price declined precipitously. The lawsuit alleges that Tidel knew during the time period but did not disclose that its largest customer was in the process of switching to a competitor and reducing orders.

Plaintiff seeks to recover damages on behalf of class members and is represented by, among others, the law firm of Stull, Stull & Brody. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 25 years and has obtained court approval of substantial settlements on numerous occasions.

If you bought the common stock of Tidel between April 6, 2000 and February 8, 2001, you may, no later than sixty days from October 31, 2001, request the Court appoint you as lead plaintiff in this action. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or by e-mail at, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.



SAS Corporate Card is a
travel and payment concept for companies and their travellers. The card
includes MasterCard, ticketless travel and a travel account for purchasing
travel services at the travel agency. SAS Corporate Card is a new and unique,
complete solution for companies’ business travellers that will simplify
travelling and travel administration, as well as lowering the cost of business

The launch of SAS Corporate Card in November is aimed at companies
operating in
Sweden, Norway, Denmark and Finland. The concept is a wide-ranging and
solution for small and medium-sized companies. SAS Corporate Card will support
the travel administration process from order to payment, as well as following
up travel-related expenses. This means that the corporate customers’ direct
indirect costs can be lowered, irrespective of the choice of sales outlet and

The company chooses where it wants to make its travel purchases, either
travel agencies or direct from SAS. Thanks to an integrated travel account and
MasterCard, SAS Corporate Card can collect all purchases in one place. This
enables the company to receive a single, shared invoice for all purchases.
According to independent studies, an invoice costs SEK 300-600 to administer,
and so SAS Corporate Card facilitates savings by reducing the number of

SAS Corporate Card offers companies increased control over their
costs by means of detailed and combined statistics covering all purchases, no
matter where these purchases were made. The customer can easily retrieve these
statistics from the Internet.

Through business partners within various sectors, SAS Corporate Card can offer
lower prices to its corporate customers. The following business offers are
currently included in SAS Corporate Card: Radisson SAS, Scandic Hotels,
Statoil, Avis, Hertz, Telia Access and Regus. In addition, SAS offers
favourable rates for flights within the framework of Travel Pass Corporate,
whose booking and flight function is integrated in SAS Corporate Card. The
payment platform is based on UATP.

SAS Corporate Card is a multi-function card which includes MasterCard for
making payments at more than 20 million places worldwide. The card also
operates as a flight ticket for Travel Pass Corporate and electronic tickets,
as well as replacing other cards such as existing charge cards, petrol cards,
telephone cards and car rental cards.

No matter which airline company, train or boat the customer chooses to travel
with, SAS Corporate Card operates as a total solution for the company.


Eltron Printers Support XP

Eltron brand plastic card printers of Zebra Technologies Corporation support the new Windows XP operating system it was announced this week.

“The Eltron P Series printers are easy-to-use card printers for instant-issue plastic card applications,” stated Holly Sacks, Zebra marketing vice president for plastic card printers. “Our single-side printers are designed for use in applications to quickly produce personalized plastic cards in low-volume. Our family of printer products can suit the needs of a wide variety of users, from simple cards for membership and customer loyalty to sophisticated applications that provide high levels of access control and personal identification for high-security situations.” Cards produced on Eltron plastic card printers can incorporate digital pictures, hologram overlays, linear and two-dimensional bar codes, encoded magnetic stripes, and smart chips to support a multitude of personal identification and access control situations, noted Sacks.

The Microsoft Partner Pavilion will give people an opportunity to get a fuller appreciation of the latest in Eltron’s plastic card printing capabilities. The partner pavilion is an integral part of the overall Microsoft eXPerience at this year’s COMDEX. More than 200 manufacturers, system integrators and solution providers will demonstrate their latest products, services and solutions built on Microsoft Windows XP and the Microsoft .NET platform.

Zebra Technologies Corporation manufactures and distributes Zebra-brand on-demand thermal bar code label printers and Eltron(R)-brand instant-issuance plastic card printers used in automatic identification, personalization and security applications worldwide. The company, with an installed base of two million printers, also offers software and related supplies, including more than 1,000 label and ribbon combinations. Zebra’s customers include more than 70 percent of the FORTUNE 500. Information about Eltron brand card printer products can be found at [][1] . Corporate information is available at [][2].




SureFire Commerce Inc. announced that the company has begun processing VISA,
MasterCard and FirePay
Personal Accounts for the pointspurchase technology developed and managed by The pointspurchase technology is used as the platform to operate
the buyAAmiles program launched by American Airlines and earlier
this year. is currently finalizing agreements with several other
major airlines to use the pointspurchase technology to power similar programs.
In the first year of the agreement, pointspurchase transactions could
represent 2-3% of SureFire Commerce’s gross processing volume.

The pointspurchase technology allows consumers to reach the loyalty
rewards they want faster than ever before by buying the last remaining points
or miles needed. For example, the buyAAmiles(SM) program from American
Airlines (R) allows consumers to purchase up to 15,000 AAdvantage(R) miles per
calendar year.

SureFire Commerce offers its payments technology to allow consumers to
buy miles with VISA, MasterCard and the FirePay Personal Account, an
electronic payment account that consumers can securely fund from a variety of
sources and use to buy online without having to divulge sensitive credit card

“SureFire Commerce is very excited about being able to penetrate another
important market with our online payments technology. American Airlines’
AAdvantage program targets 40 million members alone,” said Rory Olson,
President and CEO of SureFire Commerce. “We are constantly looking for and
finding outstanding opportunities for SureFire Payments. Deals like the one
with, which should generate approximately 2-3% of our transaction
processing volume, are an excellent way for SureFire Commerce to diversify its
revenue base.”

“This deal represents the second step of our relationship with SureFire
Commerce. We selected SureFire Commerce as our credit card partner due to the
turnkey approach of their service, which includes internet merchant accounts
in both Canadian and US currencies, robust electronic payment gateway, real-
time reporting tools, 24/7 tech support and built-in risk management” said Rob
MacLean, President of MacLean added, “With the help of SureFire
Commerce’s technical support team, we were able to complete the integration of
their gateway into our pointpurchase platform in just a few days”

About offers a unique loyalty program asset management system
including pointsxchange(TM) – the world’s first loyalty program currency
exchange. is not a loyalty program but rather is forging mutually
rewarding partnerships with the world’s leading loyalty programs to deliver a
unique and compelling value proposition. Pointspurchase(TM),’s
innovative technology product, facilitates the online sale of miles, points
and other currencies for leading loyalty programs including American Airlines., a partner company of Exclamation International Inc. (CDNX: XI) is
located at 134 Peter St., Suite 300, Toronto, ON M5V 2H2. More information is
available at

About SureFire Commerce Inc.

SureFire Commerce Inc. is a global business-to-business provider of
online payment solutions and e-commerce support, processing over $1.2 billion
of online transactions annually. The company offers a diverse range of payment
solutions to both online and offline merchants with a leading market share in
the online gaming industry. The company has many strategic marketing
agreements with companies such as AOL Canada, Canadian Imperial Bank of
Commerce (CIBC), Infopia, Intuit Canada, InQuent, Network Commerce, National
Bank of Canada,, RedBrigade and Webraska. SureFire Commerce is
headquartered in Montreal (Quebec) with offices in Hull (Quebec), Boston
(Massachusetts) and London (England).