Hologram Card

Tokyo-based computer security system developer K.T.Tec Corp. and American Bank Note Holographics announced this morning the development the ‘Hologram Card’ system. The new card security system uses a special-wavelength laser combined with a dual or triple encryption method for reading and authenticating cards. The new authentication system can be used for any type of cards, from pre-paid to ATM to credit. Both firms have agreed to jointly create, in September, Holo International Technologies, Ltd. to be headquartered in Tokyo. K.T.Tec is now finalizing development of a ‘PASS Card’ prepaid card system for use in pachinko parlors throughout Japan. Cards, readers, and attendant systems are expected to be available in early 2001. K.T. Tec says with the new ‘Hologram Card’ counterfeiting and tampering are impossible since the hologram image data cannot be discerned visually. Since data is read and decoded by an algorithm downloaded from the operations server and updated daily, the system cannot be analyzed or reverse-engineered by third parties, even if the point-of-service equipment is stolen.


Dovetail Taps Lewis

Dovetail Systems Inc., the provider of advanced payments processing applications and intelligent messaging solutions to the global financial services community, is continuing to attract senior industry figures by announcing the appointment of Janet F Lewis to Senior Vice President and Director of Sales.

Janet Lewis has joined Dovetail Systems after a 15-year career with S.W.I.F.T, the leading provider of secure global communications to over 6,900 financial institutions worldwide. As Senior Manager, she was responsible for S.W.I.F.T’s relationship with the Top 30 financial institutions in North America and Canada and established a reputation for creating, structuring and building global teams to provide relationship management to the world’s largest banking and securities institutions.

The appointment of Janet Lewis to Director of Sales is one of a number of high-level strategic hires for Dovetail. It follows the appointment of Kevin M Scully, ex-President of NEON and well-known professional in the financial services software arena, to Chief Executive Officer. Barry Tooker, formerly of IBM and an experienced senior technical consultant to global banks and software firms, joins Dovetail as Senior Vice President Product Management.

These three recent additions to the Dovetail team join Richard P Little, Chairman of the Board. Little, former Chairman and Chief Executive Officer of Braid Systems Ltd and current member of the board of directors at Mercator Software (which purchased Braid in 1999), has extensive experience in international financial systems markets and the management of entrepreneurial software companies.

Other members of the management team include the President and Founder of Dovetail, Bruce A Hutcheon, and Kenneth W Condal, Chief Technology Officer, who is leading development of the Dovetail Payments Systems(tm) products. According to Kevin Scully, CEO of Dovetail, “The management team we have attracted to Dovetail has many decades of combined experience in developing, marketing and supporting payments processing applications for global financial institutions. In addition, the team has worked specifically with over 80 of these institutions and their support organizations. This places us in the position of offering our clients unparalleled levels of experience and industry know-how.”

Other key additions to the Dovetail management team, in both the United States and on an international level, will be announced shortly.

About Dovetail Systems Inc.

Dovetail provides advanced payments processing applications and intelligent messaging solutions to the global financial services community. Through the use of the latest Application Server techniques, Dovetail’s unique technology dramatically improves the speed, reliability and security of the electronic transfer of funds between banks and other institutions. Dovetail continues a proud, three-decade history of delivering mission-critical payments and messaging solutions based upon the Intelligent Transaction Processing(tm) technology developed by the founding partners. These solutions include large-scale message switches and gateways, as well as funds transfer, cash management, and foreign exchange trading and netting systems. For more information, please visit: [www.dovetailsys.com][1]

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


Achex C2C

Achex, Inc., an innovator in online payment solutions, introduced a free consumer-to-consumer (C2C) online payment service that immediately enables secure payments from existing checking accounts. Online C2C payments are debited from, and credited to the existing checking accounts of Achex users, using the Automated Clearing House (ACH) network.

The service is the first no-cost, debit-based offering that provides users with a complete, real-time transaction history and 100 percent guarantee against fraud — while offering consumers the choice to pay one another online, just as they do offline. To access the service, consumers complete a short, one-time activation procedure that links their existing checking accounts to the Achex service. Transactions are authorized using a simple username and password.

“Achex offers consumers the convenience of easy online payments via email while guaranteeing the security and integrity of every transaction,” commented Terry Allen-Rouman, President and CEO of Achex, Inc. “This Achex service is free and provides a safe, efficient way to pay anyone without the need to open and fund a new account of any kind. We expect Achex will be extremely popular among a broad range of consumers, including teenagers and college students who may not yet have credit cards, as well as the millions of Americans who still prefer using checks to pay for goods and services.”

The Achex service is the simplest and most secure C2C payment solution available. Through its bank-level security, Achex provides consumers a complete guarantee against fraud. The service leverages consumers’ existing checking accounts to route payments over the ACH network, a national electronic payment exchange used by more than 12,000 major financial institutions and 700,000 corporations. Records of payments both sent and received are listed as electronic funds transfers on members’ monthly bank statements and are also available online at a personalized “My Achex” page on the Achex site ([www.achex.com][1]).

Achex is currently in beta trials with merchants to expand the service offering to consumer-to-business (C2B) payments. Achex is working with leading online merchants such as CornerHardware.com, Kozmo.com, Peapod.com, 1-800-Flowers, Planet Rx and ice.com.

About Achex, Inc.

Achex, Inc. ([www.achex.com][2]) is an Internet payments company that facilitates simple and secure Internet payments for buyers and sellers. Achex has developed a new payment service to leverage the unique opportunities created by electronic commerce. The Achex service, based on a patent-pending infrastructure and business process, leverages the Internet and existing payment networks to transfer funds online in a simple, convenient and highly secure manner. Founded in 1999, Achex is a privately-held company with funding from Draper Fisher Jurvetson, First Data Corp., RRE Ventures, IncuBay LLC, Greyhound Crossover Fund and other investors. Achex co-founders are experts in payment systems; their experience includes designing and implementing major payments products and transaction processing architectures for major commercial banks, investment banks and credit card companies. The company’s advisory board is composed of payments experts, security experts, online merchants, venture capitalists and angel investors.

[1]: http://www.achex.com/
[2]: http://www.achex.com/



e-plicity.com, a leading mobile-commerce application developer, announced it has secured a $1 million minority equity investment from ACF Equity Atlantic Inc. in partnership with InNOVAcorp.

e-plicity.com, a leader in mobile commerce, develops business-to-business applications that enable businesses to complete financial transactions, improve dispatch capability and manage client information in a wireless environment.

“This investment enables us to continue to work towards a national commercial launch of our first product BuyLink later this quarter,” said Malcolm Fraser, President & CEO e-plicity.com. “What is also significant for e- plicity.com is that our first venture capital investment has been made by an Atlantic Canadian company which further attests the rapid growth of the Atlantic Canadian IT industry,” said Fraser.

Currently e-plicity.com is in the final testing phase for BuyLink, their first wireless application product that processes secure credit card transactions using any web-enabled device such as a cellular phone or personal digital assistant.

“e-plicity.com’s leadership in advanced wireless application development made the company a natural choice for ACF to invest,” said Dave Wilson, Vice President, ACF Equity Atlantic Inc. “With the delivery of a robust enterprise level product, e-plicity.com is poised to be a global leader in wireless e- commerce.”

e-plicity.com currently employs 16 professional IT staff. As the company prepares for the commercial launch of BuyLink later this quarter, they plan to expand to over 40 full-time professionals.

About e-plicity.com

e-plicity.com () is a leading software development company, focusing on the use of wireless technologies as a means of delivering high-value business applications to a mobile environment. Its products provide the enabling technology that allows merchants to check inventory, create orders, and accept payments securely, using data-enabled cellular phones, or wireless Personal Digital Assistants. Recognized by the Branham Group as one of Canada’s Top 25 up and coming software companies (National Post Business, March 2000), e-plicity.com is poised to become a global leader in the wireless data industry.

About ACF Equity Atlantic Inc.

ACF () is a $30 million, Atlantic Canadian venture capital fund focused on helping entrepreneurs accelerate the growth of their businesses and build shareholder value through equity investment.

About InNOVAcorp

InNOVAcorp () is a network of critical business resources for developing technology entrepreneurs. Its core services include investment, business incubation and mentoring.


Trintech & TANTAU

Trintech Group PLC and TANTAU, a leading developer of software and services for mobile ecommerce (m-commerce), have announced a strategic partnership to deliver an integrated mobile banking and secure ePayment infrastructure for the next generation of wireless devices.

Through this partnership, TANTAU and Trintech will provide financial services institutions and service providers with the ability to offer customers convenient payment options for wireless transactions through a secure “virtual credit card” that automatically form fills Internet merchants’ payment pages and acts as a portal to wireless ebanking services.

As part of the agreement, Trintech and TANTAU are applying engineering resources to integrate Trintech’s PayWare mAccess(TM) and PayWare eIssuer(TM) server-based products with TANTAU’s Wireless Internet Platform. With this combined technology, banks can expand their customer relationships by enabling customers to conveniently and securely conduct wireless e-commerce transactions without having to repeatedly input payment information.

Consumers first set up a virtual payment profile through their bank or financial services institution, which stores the information so it can be quickly accessed for a wireless e-commerce transaction. Using a wireless device that accesses Trintech’s mAccess, consumers can shop using a virtual credit card that resides in Trintech’s secure PayWare eIssuer. Both products from Trintech, in conjunction with TANTAU’s Wireless Internet Platform, are located at the financial institution or a trusted service provider. TANTAU’s software provides the highly scalable and secure conduit for the wireless device to access the bank’s IT infrastructure, and serves as the wireless and wired e-commerce platform.

“For financial services organizations, wireless banking and secure payment capabilities are the way to build customer loyalty and increase customer retention,” says John Sims, president and chief executive officer of TANTAU Software. “Our agreement with Trintech helps deliver on the promise of secure banking and secure mobile e-commerce for the millions of consumers that will access their banking services, including ePayment execution, via wireless devices.”

“Providing secure ePayment available on any device is a core mission in Trintech,” says John McGuire, CEO of Trintech. “By partnering with a market leader like TANTAU, we can add wireless financial services and secure ePayment. This allows banks to enjoy the substantial synergies that accrue from the combination of our joint range of wireless products.”

About TANTAU’s Wireless Internet Platform

TANTAU’s Wireless Internet Platform enables an enterprise or a service provider to integrate its wireless and wired online channels. The platform interacts with back-end applications and data sources and gives the ability to create personalized applications based on user preference. It features multiple protocol support, end-to-end security from the device to the data center, multi-platform availability, and offers critical scale and performance features such as load balancing and fail-over, and wireless session management. TANTAU’s software brings security, scalability, high availability and transaction integrity, as well as allowing a direct link between a bank and its mobile customers.

About PayWare mAccess

PayWare mAccess is a modular, server-based mCommerce payment solution that enables card issuing banks, portals/ASPs, content converters and wireless network operators to securely process card payment transactions from a variety of wireless devices, including cell phones, PDAs and set-top boxes. When deployed in conjunction with a server-based consumer payment technology, such as Trintech’s PayWare eIssuer, wireless users benefit greatly from enhanced security and “one touch” form fill of mobile commerce merchant payment pages.


TANTAU Software Inc. is a leading provider of software and services that enables enterprises to conduct high-volume, secure, mobile ecommerce transactions while maintaining direct access to their customer. TANTAU’s blue-chip customer base includes major financial institutions and stock exchanges. The company has strategic alliances with Compaq Computer Corporation, Hewlett-Packard, NEON Systems, New Era of Networks and Baltimore Technologies. TANTAU is a member of the WAP (wireless application protocol) Forum and Radicchio, the global industry consortium that promotes security for wireless ecommerce. Headquartered in Austin, Texas, TANTAU is a global company with development and sales offices around the world, including Australia, Finland, Germany, Switzerland, the United Kingdom and the United States.

More information can be found on TANTAU’s Web site at

About Trintech

Trintech Group PLC is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, which was founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech’s secure product range is deployed in over 35 countries worldwide and cover the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech’s range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: 650/227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: 353-1-207-4000). Trintech can be reached on the Web at . Investor information can be found at .


NextCard & SkyGo

NextCard, Inc. announced its participation in the first large-scale, opt-in U.S. trial of wireless interactive marketing and m-commerce with SkyGo, a wireless interactive marketing company. NextCard will be enabling purchases during the trial as the key component of SkyGo’s wireless Web wallet. The wireless Web wallet allows participating NextCard credit cardholders to make purchases with a single click. The wireless advertising trial, slated to start this fall, will give both companies insight into consumer adoption of m-commerce.

“NextCard is committed to providing our Internet-savvy cardholders with the most innovative tools for Web shopping, and this trial will specifically gauge their likes and dislikes with regard to m-commerce,” said Dan Springer, chief marketing officer for NextCard. “SkyGo impressed us with their commitment to understanding consumer preferences for wireless offers and protecting consumer privacy.”

NextCard will gain valuable insight from the trial about selling products, acquiring customers and building loyalty programs using the wireless Web. During the four-month trial, select Boulder, Colo., area merchants and national advertisers will deliver targeted marketing messages through SkyGo to the WAP-enabled phones of more than 1,000 participants. The trial is entirely opt-in and is focused on creating the most desirable user experience. Using a PIN, consumers will be able to make secure purchases via their mobile phones with their NextCard credit cards. Billing, shipping and account information will be maintained on a secure SkyGo server.

“NextCard’s Internet-savvy cardholders buy online five times more than any other credit cardholders, making them ideal participants in the trial,” said Daren Tsui, CEO and co-founder of SkyGo. “NextCard cardholders will provide the first U.S. feedback on consumer purchasing activity with wireless phones, and enable true, closed-loop wireless marketing.”

The importance of NextCard’s participation in this trial is accentuated by industry analysts who predict that wireless devices will be used more than PCs to access the Internet by 2003. The Yankee Group has stated that digital wireless users already outnumber Internet users worldwide and expects that number to double by 2004. Internet-enabled phone users are expected to reach 48 million worldwide by 2002, and 204 million by 2005.

NextCard, Inc.

NextCard, Inc. ([www.nextcard.com][1]), the No. 1 Internet credit card, launched in 1997 and was the first company to offer instant online credit card approval, a choice of customized credit card offers, personalized PictureCard(SM) designs and exceptional online customer service. NextCard is committed to providing the most robust consumer shopping experience on the Internet and has continued to innovate with its complete GoShopping!(SM) Web site, NextCard Concierge(SM) one-click online shopping assistant, and comprehensive rewards program.

NextCard is consistently a top ten online advertiser, operates a network of over 60,000 affiliates and has exclusive card relationships with leading brands, including Amazon.com and MyPoints.com. NextCard was named the No. 1 credit card by Gomez Advisors in 2000. It was also ranked the No. 1 credit card brand Internet consumers would consider for use according to ZDNet’s 1999 BrandIQ research study. NextCard also owns a minority stake in Flooz.com, the premier online gift currency, and PayTrust, a leading service that lets consumers receive, review, pay and organize all of their bills online.

About SkyGo

SkyGo was founded in 1999 with the goal of creating a non-intrusive wireless interactive marketing network that is beneficial to consumers. The company provides the infrastructure necessary to target and deliver marketing messages and rewards to consumers and delivers this capability to media purchasing agencies, wireless service providers, Internet sites and credit card companies. The company is headquartered in San Mateo, Calif.

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


Digital Pusan Card

Philips Semiconductors has implemented its ‘MIFARE PRO’ dual interface ICs in the ‘Digital Pusan Card’, a major multi-application smart card project in Pusan, Korea. This extends the transport application of the card to a true multi-application card system. The Pusan card, which supports both contact and contactless applications, can now be used in a broad range of transport payment applications including buses, taxis and subway systems, as well as tollgates and car parks within the existing ‘MIFARE’-based Hanaro Transportation system. The ‘Digital Pusan Card’ combines credit, debit and prepaid card functions, and it provides a digital signature. Developed by Korea Electronic Banking Technology, the ‘Digital Pusan Card’ will be launched September 1st. There will be an initial roll-out of one million dual interface cards. Users will have access to 300,000 readers, 20,000 POS terminals, and 40,000 automatic vending machines. The cards will also be rechargeable at 600 reloading machines and 500 ATM.


Banco Popular Exits

Puerto Rico-based Banco Popular is quitting the U.S. credit card business. Direct Merchants Credit Card Bank has agreed to purchase Banco Popular’s U.S. bankcard program which consists of approximately 283,000 accounts and $180 million in receivables. Under terms of yesterday’s deal, Banco Popular will become a U.S. agent for Direct Merchants, a subsidiary of Metris Companies. Metris will take ownership of Banco Popular’s Orlando facility and retain its 130 Orlando bankcard employees. Earlier this year, Metris formed a co-branded credit card alliance with La Curacao, a California Hispanic-focused retailer, and later this summer, Metris will issue a Spanish version of its Direct Merchants Bank credit card. A Spanish version of the ‘Prodigy Internet MasterCard’, part of a co-branded agreement between Metris and Prodigy, will also be available by year-end. Metris is also adapting its enhancement services to the Hispanic market. The Banco Popular deal is expected to close by Sept. 30.



VISA International has announced the formation e-VISA International to lead its role in Web-based payments. The new group will complement and enhance existing e-commerce initiatives in several VISA regions, including e-Visa in the U.S. and Virtual Visa in the European Union. It will be headed by EVP Philip Yen. Other key executives include: John Williams, formerly of Palm Computing, as SVP for Market Intelligence and Alliances; Dave Wentker, formerly a Vice President at RioPort, as VP of Commerce Applications and Chip Integration; and Benny Wong, formerly of FiNet.com, as SVP of Deployment Support. e-VISA International will be based at VISA headquarters in Foster City, CA. and consist of approximately 30 e-commerce and technology specialists. (See CF Library 9-15-99).


E-Commerce 2Q/00

U.S. consumers spent an estimated $8.28 billion online in the second quarter of 2000, up from $7.04 billion in the first quarter. The surge was led by nearly 20% quarterly growth in the travel services sector and a 13% increase in online auctions. The research released this morning also found that consumers spent an additional estimated $15 billion by phone and in stores as a result of shopping online. This ratio of $1.74 spent offline for every dollar spent online is down from $1.95 for every dollar in Q1 and $2.34 for every dollar in Q4 1999. The survey, part of the Harris Interactive ‘e.commercePulse’ study, was conducted online with 97,633 adult online users in April, May and June.


Hashman NextCard CEO

NextCard Inc. announced Monday that its Board of Directors plans to name John Hashman, currently President and Chief Financial Officer, as its Chief Executive Officer at its next meeting on August 10, 2000. Jeremy Lent will continue as Chairman and will assume the new role of Chief Strategy Officer. Additionally, the Company announced it is bringing in its anticipated break-even date from 2002 to late 2001.

“John has been instrumental in NextCard’s success in establishing our leadership in the Internet channel,” said Lent. “He has grown into a strong multifaceted leader and is prepared for the additional challenges as NextCard’s Chief Executive Officer.”

“I intend to remain highly involved in the strategic direction of NextCard in the role of both Chairman and Chief Strategy Officer, and I will work closely with John as we execute our exciting vision,” said Lent. “John and I have worked together for much of the past ten years, and we share the passion for fulfilling NextCard’s great potential. My decision to step down from the Chief Executive Officer role was driven by my wife’s ongoing medical condition, which will require a greater time commitment than in the past,” added Lent. “This transition is taking place at a time of increasing strength in NextCard’s business model,” continued Lent. “We continue to experience better than anticipated loan growth, strongly increasing yield and controlled expenses. As a result, the Company is bringing in its expected break-even date to late 2001, a full year earlier than the break-even date anticipated when NextCard went public last year.” The Company will be sharing further details at its quarterly earnings conference call later this week.

Additionally, Bruce Rigione, currently SVP, International Business Development, will be named Chief Financial Officer, effective August 10, 2000. Rigione, a member of NextCard’s Board of Directors, was a Managing Director and Global Head of Asset Securitization at HSBC from 1996 to 1998, and was a Managing Director and Head of Securitization for Chase Securities, a subsidiary of Chase Manhattan Bank, from 1987 to 1996.

“Jeremy has created one of the Internet’s great success stories,” said Jeff Brody, partner at Redpoint Ventures and a member of NextCard’s Board of Directors. “We commend him for his outstanding achievement and the continued tremendous momentum of NextCard. One of Jeremy’s most exceptional accomplishments has been the creation of one of the strongest senior management teams anywhere in the Internet. It is a testament to this strength that Jeremy’s successor was found from within the company.” John Hashman has served as NextCard’s Chief Financial Officer since joining the company in September 1997, and as President and CFO since March 2000. Hashman joined NextCard from Providian Financial, where he served in various senior management positions in marketing and operations from 1993 to 1997. Prior to that, he served as Providian’s Treasurer from 1989 to 1993. Hashman holds a BS from Southeast Missouri State University and an MBA from the University of San Francisco.

Jeremy Lent co-founded NextCard with his wife, Molly Lent, in June 1996 and has been Chairman of the Board and Chief Executive Officer since its inception. Between 1991 and 1995, Lent served as Chief Financial Officer of Providian Financial. Lent received a BA and an MA from Cambridge University and an MBA from the University of Chicago. In October 1999, Lent was awarded the Albert Einstein Technology Medal for innovation in technology.

About NextCard

NextCard, Inc. ([www.nextcard.com][1]) is the No. 1 Internet credit card company. Launched in 1997, NextCard was the first to offer instant online credit card approval, a choice of customized credit card offers, personalized PictureCard(SM) designs and exceptional online customer service. NextCard is committed to providing the most robust consumer shopping experience on the Internet and has continued to innovate with its complete GoShopping!(SM) Web site, NextCard Concierge(SM) one-click personal shopping companion, online bill payment services, and comprehensive rewards program.

NextCard is also one of the leading direct marketers on the Internet, operates a network of more than 50,000 online affiliates, and has exclusive card relationships with leading brands, including Amazon.com and MyPoints.com. The Company also owns a minority stake in Flooz.com, the premier online gift currency and Paytrust.com, the leader in online bill payment. NextCard was named the #1 online credit card in 2000 by Gomez Advisors and ranked the No. 1 credit card that Internet consumers would consider for use (according to ZDNet’s 1999 BrandIQ study). NextBank N.A. is a wholly-owned subsidiary of NextCard, Inc.

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



Atmel Corporation announced the availability of the industry’s first low-density contactless tag chip supporting the ISO 14443 standard, the AT88RF256-13. This chip further expands Atmel’s range of products, technologies, and capabilities designed to address the entire market for security and smart card devices. Containing 256 bits of read/write EEPROM memory, this chip is designed for access control systems and other identification applications. It supports the full ISO 14443 A and B / Part 2 standards for contactless smart cards and tags using a carrier frequency of 13.56 MHz. Receive and transmit bit rates are 100K bits/second peak.

Due to Atmel’s ultra low power CMOS/EEPROM technology, the read range is well in excess of the 10 cm typical for parts using this protocol. Among the programmable protocol options are a variable ID length, slower communications rate and Miller data encoding. Security features include password-protected access, data locking, anti-collision and unique serial numbers for every chip. In addition to the contactless interface technology described above, Atmel develops and manufactures security chips using high-speed, public key engines; DES accelerators; fast, low-cost, hardware authentication; secure micro processor transaction processing by any of four popular MPU architectures; and EEPROM and Flash memory densities from 32 bytes through 128K bytes; RFID interfaces supporting multiple standards at both 125 kHz and 13.56 MHz and ISO 7816 contact smart card interfaces.

Among the companies making use of these core technologies from Atmel are Motorola and IBM. Motorola’s Worldwide Smart Card Division (WSSD) uses Atmel silicon to power its two latest smart card offerings. The first of these two offerings supports ISO 14443B and contains larger NVM plus triple DES encryption. The second provides significantly more memory than competing products and includes multiple encryption engines and a wide array of physical and logical security measures. The high security of these cards makes them ideal for transportation and financial applications among many others. Atmel and IBM have collaborated on two different security chips that provide innovative security solutions for IBM’s commercial personal computers. Using Atmel’s RFID technology, the AssetID(TM) technology from IBM permits corporate organizations to track physical assets, such as laptop computers, and to limit operation of stolen equipment. Using an Atmel cryptographic processing chip, IBM’s recently announced PC300PL personal computer provides ultra secure storage for sensitive public keys used to support secure email and secure web access.

“We are extremely excited about the technology advancements we have made in our portfolio over the last few months. We are well positioned to provide leading edge solutions to the security and smart card markets and are actively partnering with world-class solution providers,” said Tony Giraudo, vice-president and general manager of security and RF wireless products at Atmel Corporation. “Secure integrated circuits for the entire range of contact and contactless smart cards are a strategic focus for Atmel, as can be seen by our steady pace of engineering innovations.” Atmel also offers a complete line of programmable security ICs using both Flash and ROM for program storage. Three different 8-bit microprocessors are supported: the industry standard 8051 and 6805 cores, and Atmel’s own synthesizable high performance, RISC-based AVR(R) core. With a combination of memory sizes and cryptographic accelerators, there are standard products for almost every market.

At the highest end, Atmel’s security products include an ARM7TDMI(TM) based chip which has a wide array of I/O interfaces, including not only ISO 7816 but also USB, SMBus and SPI for dongle and embedded applications. Designed for high-speed cryptographic computations, it includes both asymmetric (1024 bit RSA operation in less than 39ms) and symmetric (DES at greater than 12 Mbyte/sec) hardware accelerators and a high quality random number generator. All internal memories and busses are encrypted for further security. Future product offerings, including a synthesizeable, secured MoCORE(TM) CPU (licensed from Motorola), significantly increased memory densities, faster encryption processors, and additional I/O interfaces, will bring the performance of these devices to an even higher level.

All of these products rely on Atmel’s experience in the highly secure product market. Such products include an array of features designed to make it very difficult for a hacker to obtain sensitive information from within the chip – whether that hacker observes the operation of the chip from the outside or probes the chip from the inside using highly specialized equipment.

About Atmel

Founded in 1984, Atmel Corporation is headquartered in San Jose, California with principal manufacturing facilities in Colorado Springs, Colorado; Irving, Texas; Grenoble, Nantes and Rousset, France; and Heilbronn, Germany. Atmel designs, manufactures and markets on a worldwide basis advanced logic, mixed-signal, nonvolatile memory and RF semiconductors. Atmel is also a leading provider of system-level integration semiconductor solutions using advanced CMOS, BiCMOS, bipolar and SiGe process technologies. Further information can be retrieved from Atmel’s web site at .