Intellect’s Brasil Deal

Intellect Electronics, Inc., a leading provider of smart card enabling terminals and solutions, today announced an agreement to provide the security for the smart card applications in over 850 Banco do Brasil terminals as part of the bank’s massive technology improvements to supply thousands of new smart card-ready ATM machines. Intellect has partnered with leading worldwide distributor Mitsui, and Itautec, the largest ATM manufacturer in the Brazilian market, to deliver the security for Banco do Brasil to easily migrate to multiple smart card schemes in the bank’s efforts to drive leading technology in the Brazilian banking industry.

The agreement enhances Intellect’s strong presence in the Americas in providing smart card enabling strategies to large banks and retailers. With terminals that accommodate both magnetic stripe and smart cards, Intellect is driving the adoption of secure smart card technology and migration solutions for major retail outlets, mobile merchants, financial service providers, and banks around the world.

As part of phase one of the Banco do Brasil project, installation of Itautec’s ATMs which house Intellect 8530 terminals will begin in November, and will have a built-in smart card slot for easy migration to multiple card schemes, including Visa Cash, Mondex, and proprietary systems. Visa’s certification of the ATMs is evidence that Intellect’s solution brings added security features to a relatively non-secure existing ATM environment. The Itautec ATMs will be installed in bank lobbies in the Northern, West-Center and Minas Gerais regions of Brazil and can be used after normal banking hours.

“The Banco do Brasil has the second largest technology investments of any bank in the world, and is a driving force in setting the tone for the Brazilian banking industry,” said Milton Shizuo Noguchi, Research and Development Director at Itautec. “Banco do Brasil’s choice to award Itautec and Intellect with the ATM business demonstrates that the bank is committed to bringing cutting-edge technology, including smart card and stored-value capabilities, to its Brazilian customers in a timely fashion.”

The Intellect 8530 SAM Expansion Unit provides individual Security Authentication Modules (SAMs) to each card scheme, and the added flexibility eliminates the need to change hardware to accommodate new schemes. The SAMs are self-contained security modules that provide secure functionality, including storage of encryption keys, data, and security service functions. When fully configured, the 8530 may operate as a desktop unit providing the support of a full SVC terminal for attachment to any of Intellect’s current PIN pad products. The 8530 SAM Expansion Unit may also exist as a below counter junction box providing multiple SAMs, processing power, and memory.

The Itautec agreement represents another strategic extension of Intellect’s widening global presence in the Americas and abroad. Intellect expects its strong relationships with established Brazilian partners Mitsui and Itautec to expand the company’s deals with further Banco do Brasil and other institutions’ technology upgrades, which are estimated to be in the billions of dollars in the next few years.

“We are very enthusiastic about the potential for smart card technology in Brazil and other South American and Latin American countries,” said Thomas G. Ream, president of Intellect. “The partnerships and deals that we have established to date position Intellect as a key player in bringing smart card enabling technology to this rapidly expanding market.”

Intellect has also gained momentum in the Brazilian retail market with a 1995 contract with Itacomp, a major supplier of “smart” telephones used by retail stores to verify customer checking account information and to provide a vast number of transaction and telephony services. With Intellect’s technology, merchants can process magnetic stripe credit/debit cards and smart card transactions online with a single phone connection.

About Intellect

Intellect Electronics, Inc., is a subsidiary of Intellect Holdings, Ltd., a publicly-traded Australian corporation. Intellect products range from smart card readers, payment systems, electronic wallets and mobile terminals to cryptographic processors that secure facilities such as banking networks. Intellect products are sold in more than 25 countries, including Brazil, The Netherlands, Belgium, Norway, Australia, Singapore, and the U.S. For further information, contact Intellect’s home page at .

About Itautec

Itautec-Philco participate in the consumer electronics and computer businesses, and have annual revenues of US $1.2 billion. They have 30% market share in the banking automation and retail automation markets in Brazil. Itautec also has subsidiaries in Portugal and Argentina.

About Mitsui

Mitsui Brasileira — Electronic Products Dept. — the Brazilian branch of the Mitsui and Company Ltd., Japan — has been supplying electronic products like semiconductors and integrated circuits as well as state-of-the-art technology from the biggest Japanese manufacturers to the major Brazilian information system corporations since the early 1980s.

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State of Biometrics

Imagine being able to access your ATM account using only your thumb print, or an image of your retina. Banking and credit card institutions are only a few industries currently test-piloting biometrics as a weapon against rising fraud levels. Other applications for biometrics include network or computer security, welfare program beneficiary identification, drivers licenses, national ID cards, and law enforcement’s automated fingerprint identification system.

According to recent strategic research by Frost & Sullivan (), the World Biometrics Identification Markets, specifically the equipment and software markets, are expected to grow from $103 million in revenues in 1996 to $170 million in 2003, a compound annual growth rate of 7.5 percent over the forecast period. Several factors characterize the current competitive environment of the biometrics industry including market fragmentation, uncertain industry structure, and limited financial resources.

This research provides an in-depth analyses of the six major biometric technologies including hand-geometry, fingerprint, retina, voice, face and signature. Forecasts through the year 2003 are given for each individual technology, along with an explanation of key market drivers, issues, and trends. New product and marketing ideas are explored as well as new sales strategies and improvements by competitive benchmarking.

World Biometrics Identification Markets gives revenue and market trends for five major applications (access control/time & attendance, law enforcement, government, network security and financial) in four geographic regions (North America, Europe, Asia Pacific, and Latin America).

According to Roberto Torres, Frost & Sullivan automatic identification industry research analyst, “The underlying driver in the commercial arena is the business community’s search for tools which can prevent fraud. Problems stemming from false identification of individuals have seriously hurt the financial industry, government agencies and business establishments for decades.”

This automatic identification industry research has integrated the Market Engineering consulting philosophy into the entire research process. Critical phases of this research included: Identification of industry challenges, market engineering measurements, strategic recommendations, planning and market monitoring. All of the vital elements of this system help the market participants navigate successfully through the automatic identification market.

Technologies covered in this report include: world hand geometry biometrics equipment, world fingerprint biometrics equipment, world retina biometrics equipment, world voice biometrics equipment, world face biometrics equipment, and world signature biometrics equipment.

Companies participating in the market include: Manufacturers, AEA Technology, Autosig Systems, Inc., Cadix International, Inc., Cambridge Neurodynamics, Ltd., Checkmate Electronics, Inc., Communication Intelligence Corporation, Cross Check Corporation, Digital Biometrics, Inc, EyeDentify, Inc., FingerMatrix, Inc., Identicator Technology Identification , Technologies International, Inc., Identix, Inc., International Electronics, Inc., Miros, Inc., The National Registry, Inc., PenOp, Inc., Printrak International, Inc., PrintScan International, Quintet, Inc., Recognition Systems, SQN Peripherals, Inc., Startek Engineering, Inc., Ultra-Scan Corporation, Veritel Corporation, Viisage Technology (Division of Lau Technologies), Voice Strategies, Inc., VoicePrint Security Systems, Start-Up Manufacturers, Advanced Precision Technology, BioMet Partners, Inc., British Technologies Group (BTG), Ltd., Biometric Security Systems, Ltd., Cogent Systems, Inc, ColourByte Computing Corporation, Comparator Systems Corporation, Cross International Engineering Company, Harris Corporation Corporate Headquarters, ImEdge Technology, Inc., International Automated Systems, IriScan, Inc., Jasper Consulting, Inc., Keyston Manufacturing, Ltd., Micro Identification Systems, Inc., WD Biometric ID Equipment, Mytec Technologies, Inc., Personix, Ltd., Sensar, Inc., Technology Recognition Systems, Inc., Xenetek Corporation, Systems Integrators, Accu-Time Systems, Inc., BT Laboratories, Controlled Access, Diebold, Inc., EDS (Electronic Data Systems), Fingerscan, Ltd., Honeywell, Inc./Corporate Development, IBM Corporation, Lockheed Martin IMS, Morpho Systems, NEC (Nippon Electronics Corporation), North American Morpho Systems, Oracle Corporation, Security by Design, SEPT, Siemens Nixdorf, Totally Managed Security, Inc., Industry Publications, Access Control (and Security Systems Integration), Biometric Digest, Biometric Technology Today, Personal Identification News (PIN), Security Distribution and Marketing (SDM), Security Management, Industry Organizations, American Society for Industrial Security, Security Industry Association, Underwriters Laboratories.

Frost & Sullivan is an international marketing consulting company that monitors the automatic identification industry for market trends, market measurements, and strategies. This ongoing research is utilized to update a series of research publications such as #5513-11, World Barcode Equipment Markets, and to support industry participants with customized consulting needs.

Report: 5701-11 Publish Date: October 1997 Visit Frost & Sullivan’s web site at:

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Motorola Powers NYC Smart Card Pilot

Shoppers in New York City’s Upper West Side will be able to purchase goods with the latest Visa Cash smartcard technology thanks to special integrated circuit chips provided by Motorola Semiconductor Products Sector.

Visa Cash Cards powered by Motorola microcontrollers and manufactured by Schlumberger and other leading card vendors, will be issued by Citibank to approximately 15,000 consumers and be accepted by more than 600 merchants. The New York program, which began Tuesday, marks one of the largest and most exciting U.S. programs for smartcards since the 1996 Olympics in Atlanta.

These cards are part of a stored value card program that is being conducted by Citibank, Visa, Chase Manhattan and Mastercard. Together, Citibank and Chase Manhattan will issue approximately 50,000 of the new chip cards, also known as smartcards. These smartcards will enable consumers to load cash value onto them by inserting them into special kiosks located within the program area.

The stored value on the smartcards will then transfer from the user’s card to the merchant’s card at Point of Sale (P.O.S.) terminals. Visa Cash cards give users a convenient alternative to cash for small-value transactions, while offering significant savings in cash handling costs for merchants and banks.

Commenting on the announcement, Mike Inglis, general manager of Motorola’s Smart Information Transfer Division, said: “Just as engine type and size govern the performance of a car, the chip within a smartcard determines its capabilities. That’s why companies such as Visa and Schlumberger specify Motorola’s microcontrollers, which help to ensure that their smartcard systems have the reliability, flexibility and security levels necessary for these new applications.

“Motorola’s microcontrollers are at the heart of Visa Cash card programs around the world. With this latest project, U.S. consumers will be able to experience the convenience that smartcards are already bringing to consumers across the globe. The U.S. market is ripe for the widespread adoption of smartcard technology and Motorola intends to be at the heart of this revolution.”

Motorola is a major provider of chip technology to Visa on similar trials in other parts of the United States, as well as in Hong Kong, the United Kingdom, Taiwan, Italy, Spain, Brazil, Argentina and Columbia.

Commenting on the announcement, Diana P. Knox, vice president, Visa U.S.A., said: “Consumers will be able to experience convenience and improved security that smartcards can offer. We are committed to developing a universal electronic cash system with Motorola and other valued partners.”

“Schlumberger is a leading supplier of Visa Cash products around the world and many of these products use chips from Motorola, whose technology includes the high security features required for a stored value application,” commented Jacques Cosnefroy, vice president and general manager, Schlumberger Smartcards Division.

“We commend Citibank and Visa on their leadership in developing and implementing this significant new card payment application.”

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INTERSHOP Expands

Customer Profiles included in this week’s eCommerce News Update from INTERSHOP:

— Computer Future/Worldwide Superstore Chooses INTERSHOP for its eCommerce solution

— French Mint Opens Online Store With INTERSHOP Technology

— INTERSHOP Store Wins Prestigious Awards at the 1997 National Audio-Visual and Multimedia Communication Festival in Biarritz

— French America’s Cup Challenger Launches INTERSHOP Mall

Computer Future/Worldwide Superstore Chooses INTERSHOP for its eCommerce Solution

Computer Future Inc. (DBA World Wide Superstore) an Indianapolis-based computer sales and service company, has chosen INTERSHOP’s technology for their eCommerce application. “Online business is very important to us, so we wanted to design and operate a store that is going to be among the Web’s best and most successful,” said Bret Garrett, VP of Marketing of Computer Future.

“We learned about INTERSHOP at last year’s Comdex show and thought it was the best choice for a packaged eCommerce solution,” he continued. “We monitored the product reviews in the press very closely and felt very confident about our decision.”

This well laid-out and structured store, boasting a catalog of more than 20,000 items, and thousands of product photos, offers computer components, software packages, peripherals and complete systems from over 850 brand name manufacturers. As a special feature, the Worldwide Superstore offers links to every manufacturer’s Web site, dramatically increasing the wealth of information for store visitors.

“As a service to our customers we are maintaining a separate toll-free number for shoppers who desire to place orders by phone,” Garrett explained. In the beginning, the operators are an option, but eventually he expects customers to take full advantage of INTERSHOP’s secure online payment systems.

The Worldwide Superstore also offers several variations of award-winning INTERSHOP eCommerce technology. “Our experience setting up stores with INTERSHOP’s technology, has placed us in a key position to offer affordable eCommerce solutions to other businesses,” Garret declared. “Customers who want to build their own store can buy the INTERSHOP Online package or they can rent a store in our INTERSHOP Mall.”

French Mint Opens Online Store With INTERSHOP technology

Even people who are in the business of producing money choose INTERSHOP to run their electronic commerce application. It is hard to imagine a more flattering compliment. La Monnaie de Paris, the French mint, which has been fabricating money for 1133 years (since 864 AD), recently broke new ground for numismatic aficionados worldwide, opening a world-class Internet store.

Even if Web surfers do not intend to buy immediately, the store is worth a visit to check out 13 beautifully designed catalogs displaying 200 distinctive and sophisticated products.

INTERSHOP’s multilingual capabilities came in handy when the decision was made to build the store in English and French, so the richness and variety of the treasures of MDP can be viewed and purchased by a broader clientele. The flexibility and the dynamic display of new information at the store level allows MDP to change the product offering frequently, providing variety to its customers. In addition to the advanced catalog design, MDP is taking

advantage of INTERSHOP’s powerful back-office administration, which allows them to manage all business aspects such as billing, shipping inventory and marketing statistics in a secure and convenient environment. Pending approval by the French Ministry of Economy, Finances and Industry, the INTERSHOP solution will integrate SG2’s Payline system of secure payment by credit card, an important step to make online shopping in France even more convenient.

So far the MDP store has attracted visitors from 80 countries around the world and continues to draw a lot of attention from numismatic experts especially in North America. The store catalogs show the numismatic series, the collection’s pieces in gold, silver and platinum featuring the 1998 World Football Cup, treasures of European museums, cinema, art and calendar medals, jewels, crosses, bronze art, office objects and official decorations.

INTERSHOP Store Wins Prestigious Awards at the 1997 National Audio-Visual and Multimedia Communication Festival in Biarritz

For the second year in a row, Home Shopping Arcade, a multilingual French/English/German Internet store built on INTERSHOP technology, scored big among the best French Websites at the annual National Audio-Visual and Multimedia Communication Festival in Biarritz, France. Home Shopping Arcade was chosen over 70 other participants to receive a special mention by the jury at the Palmares des Sites Internet and the special prize Internet Professionell.

Home Shopping Service, creators of Shopping Arcade chose INTERSHOP Online as core technology for Home Shopping Arcade. Scalability, flexibility, completeness and security of financial transactions over the Internet influenced the decision to select INTERSHOP’s technology for this electronic commerce solution.

“We are proud of the cooperation between INTERSHOP and Home Shopping Service that helped get this store online,” declared Sven Lung, General Manager of INTERSHOP Communications in Paris. “Electronic commerce is a field with great potential for companies like Home Shopping Service who are marketing their products and services online. We expect businesses with experience in content management to attract thousands of Web surfers to Internet stores.”

Lung expressed confidence, other companies will follow the successful example of Home Shopping Service, a pioneer in online marketing, who manages programs such as “M6 Boutique on Teleachat. “As soon as companies realize the benefits of INTERSHOP technology, they understand how easy it is to grow their business through eCommerce.”

French America’s Cup Challenger Launches INTERSHOP Mall

INTERSHOP was chosen as key technology to help raise money for an ambitious French sailing team that prepares to challenge for the next America’s Cup. To win the world’s oldest continuously contested sports trophy it takes great technology, talent, determination and — most of all — deep pockets.

Although France has never won the right to defend the Cup, they always brought formidable challengers to the starting line. For the next America’s Cup competition, slated for March 2000 in Auckland, New Zealand, France-Today, the French challenger of the Yacht Club de Cannes, has selected INTERSHOP’s electronic commerce technology to sell merchandise and sponsorship packages through a virtual shopping mall on the Internet.

With this move France-Today leaves the charted waters of traditional fundraising and embarks on a global trip. Their boat France-Today.com will sail around the world to promote electronic commerce and the concept of and marketing sports events over the Internet. During this trip, potential sponsors will learn about INTERSHOP eCommerce technology and the benefits of using the Internet as the most cost-effective marketing and sales channel.

Some advantages of eCommerce for France-Today

— Dramatically expanded marketplace — reaching customers locally or worldwide at very low cost

— Online stores are open around the clock and accessible from everywhere in the world

— Opportunity to merchandise the entire product line cost-effectively

— Bilingual English/French

— Better value for the customer’s money — trade margin is shared between manufacturer and final customer

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Prepaid Gas+Phone Card

Mobil and MCI announced yesterday it will begin testing, this Friday, a new co- branded card which combines the prepaid ‘Mobil GO Card’ with MCI’s ‘PrePaid’ long distance calling card. The new ‘Mobil-MCI GO Card’ will be sold in $10, $25, $50 and $100 denominations and is rechargeable via a toll-free phone number. MCI will charge 25 cents per minute for the calling card feature. Cardholders may use the card for gasoline purchases, services and merchandise at Mobil service stations in addition to make pre-paid long distance calls. The pilot will be conducted in the greater St. Louis area. Mobil and MCI partnered in the summer of 1996 to offer Mobil/MCI branded calling cards.

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Private Issue Garcia Road Trip Ends

They weren’t afraid to let the people see them cry. Dozens of vintage Volkswagen buses and their owners drove from Phoenix to Albuquerque this weekend laden with food to rendezvous with a restored 1959 VW bus dubbed “The Jerry Garcia Fan Bus” as the Garcia- mobile made its last stop on a nine-city road trip and food drive to benefit local food banks.

The cross-country Private Issue(R) Jerry Garcia Road Trip and Food Drive, named after the credit card that bear’s the late Grateful Dead member’s artwork, has to date collected more than 36,000 pounds of food for local food banks in cities across the U.S.

In Albuquerque, the final stop on the food drive, fans of the late Mr. Garcia remembered the artist and musician with a display of tears under the headlights of their VWs as the 60s-style caravan rolled into town bearing groceries destined for the Roadrunner Food Bank of New Mexico.

“The road trip sponsored by Private Issue provided us with a rare opportunity to remember someone we admired and also reach out to help the community,” Pat Kelly, of the Arizona Bus Club, said. The Arizona Bus Club is a non-profit organization dedicated to the restoration and preservation of pre-1967 Volkswagen buses.

“The Private Issue Jerry Garcia Road Trip has raised a significant amount of food and money for local food banks such as ours, but just as importantly, it has helped to raise public awareness of the plight of the hungry in their community,” Melody Wattenbarger, Executive Director, Roadrunner Food Bank of New Mexico said. “Private Issue is helping our food bank provide families in our area with something most Americans take for granted — a meal. I think Jerry Garcia would be pleased.”

For each pound of food collected — up to 10,000 pounds per city — Private Issue has made a monetary contribution to the local food bank recipient in each city.

“The public, local corporations, radio stations and others across the country have dug deep into their pockets and their hearts, contributing groceries and helping raise food, money and awareness for food banks,” Vicki L. McMannon, Vice President, Marketing, Private Issue, division of NOVUS Services, Inc. said. “We are pleased to see this outpouring of support in memory of the late Mr. Garcia.”

The Private Issue Jerry Garcia Road Trip and Food Drive was launched June 14 in San Francisco with the unveiling of the Jerry Garcia Fan Bus — a 1959 restored VW bus painted to replicate the Garcia artwork on the Private Issue credit card. On hand for the kick-off were Garcia friends Paul Kantner of “Jefferson Airplane” and “Jefferson Starship,” his daughter actress China Kantner, and favorite Deadhead Wavy Gravy (who donated the first boxes of food to the bus). Before reaching Albuquerque, its final destination, the bus traveled to eight cities visiting art or music festivals and collecting food for local food banks in San Francisco, Boston, Buffalo, Minneapolis, Chicago, Philadelphia, Columbus, and Denver. The custom-painted VW bus will become the grand prize in a Private Issue sweepstakes at the end of a college campus tour later this year.

The art featured on the Jerry Garcia Private Issue Card — and recreated on the VW bus — is a multi-media work bearing a whimsical raspberry-red colored fox darting across a background of psychedelic colors. Jerry Garcia is one of three celebrity artists whose artwork appears on the 1997 series of Private Issue credit cards. In addition to Mr. Garcia’s creation, Private Issue Cards also feature artwork by rock music diva Tina Turner and New York Knicks center Patrick Ewing.

To apply for a Private Issue Card, consumers can call toll-free 800-PI-CARD (800-474-2273) or visit Private Issue on the Internet at .

The Private Issue Card, issued by a business unit Morgan Stanley, Dean Witter, Discover & Co., is a general purpose credit card that is accepted nationwide wherever the NOVUS(R) sign is displayed. NOVUS Services, a business unit of Morgan Stanley, Dean Witter, Discover & Co. operates the Discover(R) Card, the NOVUS Network and a growing number of new card brands accepted at all NOVUS Network locations.

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Revived Brand Measurement Study

Landor Associates is bringing back its ‘ImagePower’ brand measurement study with results expected next month. Landor has joined up with Louis Harris & Associates to study brand perceptions among business executives and will include evaluations of credit card brands. Brand and company names will be evaluated on five key attributes: share of mind, share of heart, appropriateness, uniqueness and momentum. Landor previously conducted two ‘ImagePower’ surveys, one in 1988 and another in 1990.

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Landing a Big One

Paymentech confirmed yesterday it has landed a processing contract with direct retailer Lands’ End. The contract includes both domestic and international payment processing. Lands’ End has operations in Japan, the U.K. and Germany… Paymentech’s international processing will enable Lands’ End to price products, bill consumers and be paid in multiple international currencies and avoid the confusion and chargebacks due to exchange rate fluctuations. Paymentech has partnered with NatWest for multi-currency processing.

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New Electronic Receipt System

At RISCON today, MobiNetix Systems Inc. (OTC Bulletin Board: NETX) announced development of the Secure Record System (SRS), the first complete software solution for merchants who want to eliminate multiple paper receipts, and securely store and retrieve confidential transaction information.

SRS simplifies the process of switching from paper receipts to electronic receipts, which allow merchants to save money and provide better customer service. The SRS software is designed to work with the MobiNetix line of PenWare-brand electronic transaction terminals, but the software also operates universally with other brands.

How Does it Work?

SRS is a customized software solution that integrates with PenWare-brand and other hardware terminals to securely manage customer transaction information at retail stores and other points of sale. For example, in the electronic receipt process, instead of signing paper receipts, customers place their signatures directly onto transaction terminals. SRS encrypts the customer signature and other confidential transaction information, such as credit card number, and bundles that information with other data, like store number, register number and date. SRS transfers the data to the merchant’s database server and stores it securely.

Using SRS, merchants can instantly reproduce the entire receipt by accessing complete transaction information, including customer signatures. With 56-bit data encryption standard (DES) and additional security features, the SRS system is designed to prevent unauthorized personnel from viewing or reproducing the signatures and other confidential information. When a receipt is reproduced, the words “non-original receipt” appear on the document, and a security grid is superimposed over the signature to provide an additional layer of safety.

“SRS eliminates obstacles that previously prevented merchants from switching to electronic receipts,” said Aziz Valliani, CEO and president of MobiNetix. “Merchants used to invest significant time and internal resources into developing this type of software. But now MobiNetix expertly handles the work for the merchant by providing SRS, a complete customized software solution. Never before has it been so convenient and secure for merchants to start saving money and improving customer service by making the switch to electronic receipts.”

Advantages for the Consumer and the Merchant

With SRS, merchants save money by reducing the number of chargebacks and refunds issued due to lost or misplaced paper receipts. When a customer disputes a purchase, merchants instantly access complete electronic transaction information, instead of rummaging through boxes of paper receipts. Instead of issuing a refund if the receipt cannot be found, merchants have the transaction information at their fingertips. SRS also empowers merchants to provide better and faster customer service by quickly and accurately resolving such disputes.

Additional advantages include reducing the costs of storage and the amount of labor involved with paper receipts. Storing customer signatures electronically also protects the merchant and the consumer against fraud by allowing comparison of customer signatures. SRS frees up vast amounts of space on the merchant’s mainframe by storing transaction information on the merchant’s database server. In addition, SRS enables customized report generation.

Technical Specifications

The SRS system works optimally with a server running Windows NT 4.0, with an ODBC-compliant database. Client workstations running Windows 95 or NT are recommended, but SRS also operates with Java-based clients. SRS is web-enabled, meaning that merchants can access transaction information through a web browser. SRS also integrates with the merchant’s existing LAN or Intranet. A built-in help system allows merchants to access a web browser with embedded HTML help files. PenWare provides complete customization and customer support services.

About PenWare Transaction Terminals

— The PenWare3000 Interactive Transaction Terminal captures signatures electronically; accepts credit, debit and smart cards; displays electronic advertisements and customer surveys. The PenWare3000 also offers an open- platform design and migration path options for wireless and smart card technologies.

— The PenWare1500 is a low-cost, lighted signature capture terminal that is designed specifically for merchants who are integrating electronic signature capture capabilities into their point-of-sale systems.

— The PenWare100 Signature Capture Pad enables businesses to quickly and easily incorporate handwritten information into their computer systems.

About MobiNetix Systems Inc.

MobiNetix Systems Inc. (OTC Bulletin Board: NETX) manufactures the PenWare line of products and specializes in providing state-of-the-art interactive transaction terminals and consumer-friendly applications to the retail, hospitality, financial services, insurance and identification/security industries. PenWare brand products are the most technologically advanced terminals on the market today, offering touch-screen payment, communication and data collection. The company is focused on transaction solutions with clear migration paths to advanced technologies. In addition, MobiNetix offers OEM solutions that enable signature capture capabilities to be incorporated in industrial hand-held computers and portable data terminals. PenWare brand products are sold through a direct sales force, OEMs, systems integrators and VARs. Additional information is available at , by sending e-mail to penware@penware.com, or by calling 1-888-PenWare.

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Chilean Bank Goes Online

Banco BHIF, one of Chile’s leading commercial banks, today announced it has released an updated world wide web site at [http:www.bhif.cl][1] to enhance its banking services to customers and increase its visibility in the market. This new version of the web site was created based on the Bank’s one year experience with the previous version and on its customers’ opinions.

Ruben Unda, Banco BHIF’s Manager of Operation and Technology, said BHIF customers, both individual and corporate, will now be able to make money transfers between accounts and payments to credit card and other accounts, receive information on savings and checking balances, check on the performance of investments and obtain assistance to manage banking emergencies such as loss of documents.

The BHIF site also provides information on the bank’s products, branches, directories, affiliates, administration and majority shareholders. Another part of the BHIF site provides information on Chilean macroeconomics as well as press releases and other financial data on the Company itself.

“The great advantages of the web site,” Mr. Unda said, “are that it is easy to use, fast and friendly, available 24 hours a day, 7 days a week, and it relieves our customers of having to go to the bank physically.” Mr. Unda added that use of the web site will be without cost to BHIF’s customers. The site is also open to the general public.

[1]: http://www.bhif.cl

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ORGA in South African ICT Venture

In the future, ORGA will have a physical presence in South Africa, one of the most important smart card markets on the continent. Involvement in the ICT joint venture, with headquarters in Johannesburg, will enable the smart card specialist to serve the region faster and more purposefully than ever before.

Involved in ICT alongside ORGA are Gieseke & Devrient, Nampak and also the South African partner Nasionale. While smart card manufacturers ORGA and G&D are bringing technological know-how and customers with them, the packaging specialist Nampak and the Nasionale Group, coming from the field of publishing, are contributing an extensive infrastructure to the success of the joint venture. Paul Hill, who manages the ORGA UK subsidiary and played a leading role in the creation of the new joint venture, sets high hopes for this partnership: “ORGA has been developing our presence in South Africa for over 5 years and has long recognized the potential for rapid expansion of chip card applications in this highly sophisticated marketplace. We are particularly excited to be participating in a collaboration involving such strong partners and look forward to a bright future in South Africa.”

ICT is the third international joint venture in which ORGA has been involved, following ORGA Zelenograd, Russia, Smart Cards & Systems (1996) and Shenzhen, China, ORGA Smart Cards & Systems (1997). Behind this lies the strategy to expand globally with international cooperation by setting up companies and joint ventures to serve regional markets fast and flexibly, in line with demand. ORGA intends to push ahead with this program in the coming years.

Paderborn-based ORGA Kartensysteme GmbH is one of the pioneers and market leaders of the smart card industry. It is jointly held by Preussag AG of Hanover (37.45%) and Bundesdruckerei, Berlin, (37.45%) and Bonn-based Deutsche Telepost Consulting GmbH (Detecon), a subsidiary of Deutsche Telekom (25.1%). With other subsidiaries and affiliated companies in Great Britain, France, USA, CIS, as well as a branch office in Singapore, ORGA enjoys a world-wide presence.

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Critical Smart Card Pilot

The most significant test of smart payment cards gets underway this morning in New York City as VISA, MasterCard, Citibank and Chase Manhattan join together to gauge acceptance of ‘VISA Cash’ and ‘Mondex’ cards by consumers and merchants. Reportedly 675 merchant locations have been enlisted as of this morning. About 50,000 smart cards will be in use with Citibank issuing 25,000 ‘VISA Cash’ cards and Chase Manhattan issuing 25,000 ‘Mondex’ cards. The proving ground will encompass the area in NYC west of Central Park between West 60th and West 96th Streets, also known as Manhattan’s Upper West Side. Besides testing acceptance the pilot is also aimed at testing interoperability between the two competing brands. The reloadable cards will accept up to $500 in stored value.

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