Providian Execs

Providian Financial Corporation President and CEO Joseph Saunders announced today that the Company has retained Russell Reynolds to assist in identifying and recruiting a new chief financial officer.

In a memorandum to employees, Saunders announced today that Providian CFO Jim Rowe has decided to leave the Company to pursue other activities. He also announced that David J. Petrini has resigned his position as vice chairman and has agreed to serve as the Company’s chief financial officer on an acting basis pending the successful completion of the search.

Saunders expressed gratitude for the years of service that both Rowe and Petrini have given to the Company.

San Francisco-based Providian Financial is a leading provider of credit cards and deposit products to customers throughout the U.S.


Gemplus, the world’s number one provider of solutions
empowered by smart cards, announced that its Java Card technology-
based GemXplore `Xpresso, is the first to be certified Evaluation Assurance
Level (EAL)5+ by the Common Criteria security standards body. This far exceeds
current legal requirements. Common Criteria is rapidly becoming standard
security for sensitive data; European digital signature laws currently require
EAL4, while following September 11, the US National Security Agency and NIST
(National Institute of Standards and Technology) are considering basing their
security specifications around Common Criteria.

By being awarded this exclusive level of smart card security, Gemplus has
once again proven its technology leadership use of Java Card technology for
smart cards. This major technological step will open new possibilities for
trusted services in areas such as banking, government ID and e-commerce from
both wireless and wired devices.

From a Secure Mobile Experience …

The SIM is already the preferred platform for many mobile commerce
services, such as banking, betting, stock brokering and billing. Now that
GemXplore `Xpresso has achieved this unprecedented security certification it
will become a key enabler for the growth of trusted services.

Mobile operators have long understood the SIM’s key role in securing their
subscribers’ mobile experience, ensuring that private data, such as bank
account details, never fall into the wrong hands. As the wireless application
market starts to take on a more open, Internet-like look, operators look
towards proven security standards. This will become increasingly important in
a 3G environment where digital rights, such as music copyright, need to be

“We are currently developing a mobile banking service with Banksys for the
Belgian Market,” states Martin Willems, Technical Security Manager at
Mobistar, Belgium. “When Gemplus told us that their SIM would reach common
criteria we had increased confidence that their products would provide the
level of security required for protecting financial details. GemXplore
`Xpresso will give our customers the required level of trust in our services.”

“This certification reconfirms the importance of Java Card technology for
security and privacy protection. Java technology has been a major enabler for
the end-to-end delivery of secure service solutions,” said Rich Green, Vice
President Java Technologies, Sun Microsystems. “We are pleased with Gemplus’
continued commitment to our Java Card platform and their achievement as one of
the first smart card companies to offer this level of security certification
to the market. This will pave the way for even more customers to take
advantage of open and secure data services.”

With secure applet download, services such as mobile banking can be
delivered safely to the end users’ mobile phone whenever the operator or
subscriber wants. Once the customer subscribes to a particular service, the
operator needs to be assured that it is stored securely and doesn’t interfere
with their subscriber’s data or applications. EAL5+ ensures that appropriate
firewalls and download infrastructure are in place.

Subscribers worldwide will see the benefits as GemXplore `Xpresso exists
for GSM, CDMA and 3G.

… To Identity Services

Gemplus’ government and military smart card, GemXpresso Pro 64k, is also
based on Java Card technology and has the same security level as GemXplore
`Xpresso, providing the level of security appropriate for governments and
military organizations in Europe and the United States.

Throughout a nation, state or city, a government’s various departments and
agency offices need a rapid, secure and efficient way in order to not only
identify citizens and their rights, but also to offer relevant services and
benefits. As a highly secure portable identification and communication
medium, solutions incorporating GemXpresso Pro 64K are optimal for providing
both reliable, physical and logical identification of individuals, while
securing the privacy and integrity of electronic transactions.

Common Criteria is an international certification that evaluates the
security of IT products. It originated in the European, US and Canadian
banking sectors. It has recently been adopted as an ISO standard (ISO/ISEC
15408). EAL represents the level of confidence of an IT security product or
system evaluated by Common Criteria.

Gemplus helps its clients offer an exceptional range of portable,
personalized solutions that bring security and convenience to people’s lives.
These include mobile Internet access, inter-operable banking facilities,
e-commerce and a wealth of other applications. Gemplus is the only completely
dedicated, truly global player in the Smart Card industry, with the largest
R&D team, unrivalled experience, and an outstanding track record of
technological innovation. Gemplus trades its shares on Euronext Paris S.A.
First Market and on the Nasdaq Stock Market as GEMP in the form of ADSs. Its
revenue in 2000 was 1.205 Billion Euros. It employs 6721 people in
37 countries throughout the world.

BSM 3Q/01

BSM Technologies Inc. announced financial results for the year-ended September 30, 2001.

BSM Technologies Inc. reported a net loss per share for fiscal 2001 of
$0.02 compared to a net loss per share for the same period last year of $0.30
per share. The Company’s consolidated revenues for fiscal 2001 totaled $8.6
million compared to revenues of $20.3 million for fiscal 2000.

During the year ended September 30, 2001, the Company reduced
administration and general expenses, professional fees, marketing, advertising
and promotions by $735,683 compared to year ended September 30, 2000, because
of the elimination of certain expenses and improved controls. The Company also
reported lower expenses because of wages and consulting fee reductions.

In computing the loss per share amounts, shares which are contingently
issuable based on future performance should not be included in the calculation
of the weighted average number of common shares outstanding until all
conditions of the future performance are met. In prior years, certain of these
shares were included in the calculation of the weighted average number of
common shares outstanding. Consequently, the earnings per share numbers for
the year ended September 30, 2000 have been restated to conform to the basis
of computation used in the year ended September 30, 2001 which excludes
contingently issuable shares in the calculation of the weighted average number
of shares outstanding.

“Year 2001 has been challenging for many organizations, including BSM,”
said Nick Cirella, BSM’s President and CEO. “We have seen a post-Y2K decline
in the number of computers required by corporations and a drastic decrease in
technology prices. This has decreased market demand for new and used products
and this has significantly reduced our 2001 revenues from our 2000 level.
Through aggressive cost cutting and job consolidation wherever possible,
management has been able to increase profit margins on product sales and
services. Our Encore Asset division has added additional revenues and profits
to the corporation through its strong asset management and services business.”

“There have been many changes to the Company over the last year,” said
BSM Chairman Andrew Nellestyn. “Management had to completely change its focus
and eliminate unprofitable divisions to react to the general technology sector
slowdown. They have done an excellent job and the Company now shows positive
growth potential.”


BSM Technologies Inc. and its subsidiaries BSM Wireless and Encore Asset
Services Inc. provide customers with a wide range of asset management, asset
tracking and asset monitoring solutions through traditional and wireless
technology. BSM also provides key business functionality and defined
solutions, such as secure credit card transaction processing, plus the
development of custom e-business solutions for corporations seeking to serve
customers better and more cost effectively using an Internet business model.

Australian Fee Fight

MasterCard launched a shot across the bow in Australia over the weekend, threatening to abandon the country if the Reserve Bank outlaws interchange fees and allows merchants to surcharge customers. MasterCard says the proposal by the Reserve Bank of Australia will cost cardholders hundreds of millions of dollars in higher fees and charges. The card association also says it will make it more difficult for many consumers to get credit and will lessen competition among credit card issuers to the disadvantage of small retailers and community banks. According to MasterCard, the only apparent winners would be large retailers, who not only stand to gain a windfall of $500 million annually, but also the right to surcharge cardholders for using credit cards. MasterCard says that large retailing conglomerates would get the right to accept credit cards for practically nothing and be allowed to surcharge cardholders on top of that. The RBA released the proposals in mid-December according to The RAM Report ( The RBA conducted a two-year review before offering the new rules. The proposed reform measures will apply to Bankcard, VISA, and MasterCard, which were formally designated by the RBA as payment systems subject to its regulation in April 2001. Designation was the first step to be taken before the Reserve could use its powers under the Payment Systems Act of 1998. (The RAM Report 12/14/01)


Gemplus announces it was chosen by the
Stock Exchange from Rosario City in Argentina, to implement a secure
e-commerce solution based on smart cards and digital signatures for brokers
operating in the cereal market.

With Gemplus’ security solution, brokers can use a smart card to digitally
sign and register transactions performed through the website,
designed by the Cereal Stock Exchange. Previously, these types of transactions
were formalized in paper.

Using PKI (public key infrastructure) based digital signature software in
combination with a smart card and a reader-writer device connected to the
computer, the broker signing the contract is securely authenticated and the
integrity of the trade contents are validated, enabling a time-stamped and
non-disputable trading transaction.

“Incorporating this technology is a step forward on the market scope. We
want to provide features as well as add elements that contribute to the
development of a more nimble and secure performance,” said Javier Cervio,
Rosario’s Cereal Stock Exchange General Sub-manager.

The smart card securely stores personal information about the user, and
works as a personal web-based “ID card” each time the subscriber signs a
contract. This smart card enabled digital signature solution is based on
Gemplus’ GemSAFE security suite and provides the users with:

An easy-to-use technology that speeds contract trading procedures and
accelerates commercial duties
An efficient trading process that reduces costs throughout the
commercial chain and increases productivity
A highly secure, solution that anticipates and reduces digital fraud,
assuring the integrity and validity of signed contracts.

“Gemplus provides a secure yet user-friendly solution, designed to satisfy
the increasing need for secure user authentication and information exchange on
the Internet, all under absolute privacy,” said Ian Walmsley, Gemplus
Financial and Security Services Business Unit, Latin America. “We believe that
this type of application answers significant needs of online transaction

GEMPLUS: the world’s number one provider of solutions empowered by Smart

Gemplus helps its clients offer an exceptional range of portable,
personalized solutions that bring security and convenience to people’s lives.
These include mobile Internet access, inter-operable banking facilities,
e-commerce and a wealth of other applications.

Gemplus is the only completely dedicated, truly global player in the Smart
Card industry, with the largest R&D team, unrivalled experience, and an
outstanding track record of technological innovation.

Gemplus trades its shares on Euronext Paris S.A. First Market and on the
Nasdaq Stock Market as GEMP in the form of ADSs. Its revenue in 2000 was 1.205
Billion Euros. It employs 6721 people in 37 countries throughout the world.


Europay International, MasterCard’s partner in Europe, Europay Austria and APSS, the operator of Austria’s largest ATM network, have announced the completion of a joint programme to roll-out ATM EMV acceptance in Austria.

Through the close collaboration of all parties, including ATM application provider, SBS Software and ATM manufacturer Diebold, 2,200 Austrian ATMs (82% of all ATMs in Austria) are now able to accept EMV based transactions for all Europay/MasterCard brande
d cards. The 16-month long project secures Austria’s position as the sixth country in Europe (after Belgium, Denmark, Slovakia, Spain and Sweden) to secure live EMV Chip ATMs for Europay/MasterCard cardholders.

The ATM deployment, is the first step in the implementation of the country’s road-map towards EMV migration, with further activity now under way for the deployment of POS terminals and the issuance of MasterCard credit and Maestro debit cards with EMV Chi
p applications.

“For our member banks we need to demonstrate that when it comes to implementation, we can deliver all the technical assistance needed to make it happen,” said So”ren Sasse, Manager, Chip Services, Europay International. “Our collaboration with Europay Aus
tria and APSS is evidence of this, as the programme demanded not only the best-in-field expertise but also a committed team who could exceed the time and delivery expectations of our Austrian members”.

The EMV progress in Austria reinforces the industry’s commitment to making payment products and the overall payment system more secure, therefore helping to combat increasing levels of payment card fraud.

“The migration to chip is a necessary step against fraud for payment systems”, said Martin Deutscher, Project Manager, Europay Austria. “Our work will enable Europay International customers and their cardholders to benefit from the increased security offe
red by the Chip”.

Speaking on behalf of Europay International, Christophe Zehnacker, Manager, Chip Product Management, said “EMV Chip migration is now well on track in Europe, in Latin America and increasingly in the Asia Pacific region. We expect to see over 200 million E
uropay/MasterCard product branded cards carrying this state-of-the-art technology for security and added functionality by 2005, representing at least two thirds of our entire card base”.


Philips Semiconductors, a division of Royal Philips Electronics, has entered into an agreement with Gemplus Card International — the world leader in smart card-based solutions — to supply its advanced HiPerSmart product family for a large part of the next generation of Gemplus’ 32-bit smart cards. This new generation of cards, featuring open operating systems, will support advanced, secure and high performance applications and services including 3G wireless communications, mobile banking and online trading.

Based on SmartMIPS(TM) architecture, Philips Semiconductors’ HiPerSmart computing platform will provide low power, high performance chip solutions enabling Gemplus to develop ground breaking, multi-application products for the next generation of smart cards.

“Philips Semiconductors’ partnership with Gemplus marks an important stage in the evolution of the smart card market in terms of performance, security and memory capabilities,” said Reinhard Kalla, general manager for chip cards at Philips Semiconductors. “As an integral part of our roadmap, HiPerSmart highlights Philips Semiconductors’ unrivalled position as the leading provider of highly secure and flexible smart card IC solutions and demonstrates our ability to combine advanced expertise in security, cryptography, flexibility and non-volatile storage with leading Central Processing Unit (CPU) architectures.”

The 32-bit HiPerSmart computing platform will provide improved computing power — as required by interpreter-based languages and multi-application operating systems — alongside larger memory addressing performances. This architecture provides instructions to support cryptographic algorithms, such as DES, AES, ECC and RSA, leading to a more flexible implementation.

Benefiting from Gemplus’ and Philips Semiconductors’ expertise in smart card technology, this innovative architecture will pave the way for the development of the Universal IC Card (UICC) and the Universal Secure Identification Module (USIM). USIM will be as important to 3G applications as SIM has been to GSM and will enable multiple applications to co-exist on both the UICC and the network.

“Our work on designing a leading-edge card operating system will be largely enabled by HiPerSmart, the Philips’ 32-bit computing platform based on SmartMIPS(TM) architecture. Entering into this agreement, Gemplus recognizes that the technical leadership of Philips, as well as its expertise in security implementation will leverage the effectiveness of the SmartMIPS(TM) CPU core. The combination of the cryptographic performance enabled by this architecture, together with the silicon technology from Philips Semiconductors, will allow Gemplus to reinforce its leading position in the smart card market,” said Jean-Luc Ledys, director of Silicon Technologies at Gemplus. “Gemplus is committed to improving the potential of smart cards through the combination of innovative hardware and software, and will push this architecture to become a de facto standard for high-end PKI and non-PKI multi-application cards.”

Philips Semiconductors’ 32-bit HiPerSmart is manufactured on 0.18 um CMOS and will be available at the end of 2002. Its introduction will complement the company’s existing portfolio of chip solutions for smart cards, which include contactless hardwired, high security 8-bit and 16-bit smart card controller ICs and dual interface smart card controller solutions.

About Philips Semiconductors

Philips Semiconductors, a top ten semiconductor supplier with revenues of US $4.4 billion in 2001, is a world leader in silicon systems and standard products for consumer, communications, automotive and computing products. The organization designs, develops and manufactures silicon solutions based on its innovative Nexperia(TM) architectures to create living technology for its customers creating products, service providers using the products, and consumers enjoying the resulting products and services. For more information:

About Gemplus

Gemplus helps its clients offer an exceptional range of portable, personalized solutions that bring security and convenience to people’s lives. These include mobile Internet access, inter-operable banking facilities, e-commerce and a wealth of other applications. Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation. Gemplus trades its shares on Euronext Paris S.A. First Market and on the Nasdaq Stock Market(TM) as GEMP in the form of ADSs. Its revenue in 2000 was 1.205 Billion Euros. It employs 6800 people in 37 countries throughout the world.

FAPS Hires Stebbins

First American Payment Systems, L.P., one of the fastest growing merchant credit card processing acquirers in the U.S., is pleased to announce that Ellen Stebbins has joined the company as Vice President.

With more than 20 years experience in marketing and administrative operations, Stebbins will actively pursue a strategy of ATM acquisitions for First American.

Stebbins comes from Core Data Resources, one of the top five non-bank ATM processors in the U.S., where she was the Director of Marketing. She previously worked for Affiliated Computer Services in Dallas where she held the position of Business Development Manager and was later promoted to Director of Business Development. Stebbins has also held several managerial positions for Lynk Systems of Atlanta. Stebbins is on the Board of Directors at the ATM Industry Association, an alliance dedicated to the global advancement of ATMs. In addition, she is a member of the Electronic Funds Transfer Association, a 23-year old organization dedicated to the advancement of electronic payment systems and commerce.

Neil Randel, President and Chief Executive Officer said, “First American’s strategic plan is growth through acquisitions of existing ATM portfolios nationally, as well as the full service placement of ATMs in venues that can support one. Ellen joining First American is the first step in us accomplishing those goals.”

“Ellen brings a great wealth of ATM industry knowledge and experience to First American. Her background in both sales and operations is invaluable. I believe she will be a fundamental key to the success of our ATM initiatives,” said Colleen Lee, Vice President of Sales and Marketing.

Stebbins said, “After listening to Neil talk about First American’s visions and values, I knew it was something I wanted to be involved in. I am very excited about the opportunity to assist in First American’s growth through ATM acquisitions.”

About First American

First American Payment Systems, L.P. provides full-service electronic credit card authorization and payment systems to retail, restaurant, mail order, telephone order, Internet and home-based merchants throughout the U.S. First American’s divisions include national ATM deployment, Secur-Chex(TM) check guarantee, FirstPay.Net(TM) e-commerce payment gateway, and Merimac Capital point-of-sale equipment and ATM leasing. The company also offers electronic gift certificates and electronic check conversion. First American provides services for more than 25,000 merchants and operates 280 ATMs nationally. For more information, visit [][1].


Reader Connectivity

SCM Microsystems, Inc., a leading provider of solutions that open the Digital World, announced the industry’s first smart card reader packaged with both USB and serial removable cables. SCM’s SCR531 provides a convenient and flexible solution for PC OEMs and other customers who wish to deploy high volumes of readers to end-users whose computer configurations are not known. With a choice of interface cables provided, the SCR531 reader makes it easy for users to successfully connect their readers to begin experiencing the higher protection that smart card-based security systems provide.

The high-end SCR531 is the latest in SCM’s family of SCRx31 smart card readers based on the company’s STC II single chip. Equipped with on-board flash, the new device is fully upgradeable to support forthcoming firmware and application enhancements to help future-proof the reader. SCM’s technology provides companies with secure authentication for multiple applications, such as e-commerce, online payment transactions and network access.

“SCM has designed the SCR531 to offer our customers the most versatile smart card reader in the industry,” said Mladen Filipan, executive vice president of SCM’s PC Security division. “This innovative device can help reduce the technical issues and associated costs of deploying smart card readers for PC OEMs, banks and corporate enterprises. The SCR531 is a user-friendly, secure solution with unsurpassed flexibility and support for future smart card applications.”

The SCM SCR531 readers will be available in the first quarter of 2002. The company’s entire family of SCRx31 smart card readers, including the SCR531, have been designed to comply with Europay Mastercard Visa (EMV) Level 1 standards and with Microsoft WHQL* certification for all Windows operating systems, including XP. For more information on SCM’s line of smart card readers, please visit [][1].

* Windows Hardware Quality Labs

About SCM Microsystems

SCM Microsystems is a leading supplier of solutions that open the Digital World by enabling people to conveniently access digital content and services. SCM’s advanced silicon hardware and software solutions enable secure exchange of electronic information for digital applications from e-commerce to broadband content delivery by providing controlled access points to platforms such as PCs, digital cameras and digital television set-top boxes. Known as a premier supplier to OEM companies around the world, SCM also serves the retail market through its Dazzle(tm) product brand. Global headquarters are in Fremont, California, with European headquarters in Ismaning, Germany. For additional information, visit the SCM Microsystems Web site at [][2].


RiTA 1.2

Return On Investment Corporation announced that GO Software, Inc., an ROI subsidiary and a leading provider of payment processing software in North America, is releasing today RiTA 1.2, the latest version of their RiTA? software product which is a Java-baseda, rapid transaction processing interface engine for processing electronic Internet, mail order/telephone order and Point-of-Sale payments.

Product enhancements include:

· Verified by Visa-enabled; the anti-fraud protection service provided for merchants accepting Visa for Internet purchases.

· First Data Nashville and Paymentech Tampa credit card certifications via leased line connectivity.

· NOVA terminal capture and ECHO host capture support via SSL over the Internet.

· Multi-merchant support for Virtual Purchase Connection’s web-based payment solution for business buyers on the Internet.

· IBM iSeries added to the current list of operating systems: Windows, Unix and Linux platforms.

· E-commerce goods indicator, recurring billing, installment payments, and restaurant certifications through Vital.

“RiTA has been on the market less than two years and continues to gain recognition as a preferred payment processing engine due to its speed, flexibility and support for increased transaction volume for businesses of all sizes,” said Tony Abruzzio, Vice President and General Manager of GO Software. “RiTA is also considered a sensible cost-effective alternative to gateway solutions. By listening to our customer’s needs and monitoring the technology trends in the marketplace, we continually increase the flexibility power and functionality of the product for our customers; for instance, adding necessary processor certifications, enhancing connectivity methods and supporting all major operating systems.”

Designed to enable a variety of hosting and merchant capabilities, RiTA Server is a highly scalable, multi-platform application that supports high-volume, multi-threaded transaction processing. RiTA provides host capture, leased line and TCP/IP connectivity directly to processing companies.

About Return On Investment Corporation ([][1])

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


7-Eleven REPS

Convenience store king, 7-Eleven, has launched its new check authorization system featuring LML’s ‘REPS’ proprietary retail electronic processing system transaction software. The ‘REPS’ software is being deployed on approximately 5,000 newly activated NCR integrated cash registers located in approximately 2,400 7-Eleven stores. Each NCR integrated cash register will communicate with LML’s processing center in Scottsdale, Arizona via a private wide area network, reducing current transaction time to 3 seconds. Utilizing a national negative database and a newly designed 7-Eleven-specific positive database, the fully functional ‘REPS’ authorization option will allow 7-Eleven management to view and adjust authorization parameters and risk criteria on a chain basis, division basis, store basis or individual cash register basis, in real-time. The ‘REPS’ authorization system was piloted in 7-Eleven stores located in Texas, California and Florida over the last three months.

is800 ATM

Tidel Technologies, Inc. announced that it will unveil the is800, its newest ATM model in its popular Ignition Series, and it will demonstrate PayPort, the new automated check-cashing system from CashWorks, at the ATM Industry Association’s ATMIA 2002 Conference starting today, February 19, 2002, in Hollywood, Florida and running through Thursday, February 21, 2002.

The Ignition Series model is800, which debuts today, is the company’s lowest-priced ATM product to date and is designed specifically for low transaction volume retail locations. The model has many of the same versatile features and available upgrades as its more robust companion model, the is2000, but in a smaller 800-note, single-dispenser configuration.

Michael F. Hudson, Executive Vice President of Tidel, stated, “Tidel continues to set the standard of affordability in the ATM industry without compromising quality and performance. The is800 model answers the market need for an ATM that can be supported with very low-transaction volumes, while still delivering traditional Tidel value and reliability.”

The PayPort check-cashing system from CashWorks, Tidel’s newest strategic partner, will also be on display at the Conference, with CashWorks representatives in attendance to provide live demonstrations. The partnership, announced last month, has delivered an automated check-cashing system that is unique, cost-effective and simple to own and operate.

Ken Rees, President of CashWorks, said “We have successfully cashed more than $500,000 of checks at six Tidel beta sites during the first month of the pilot without any technical problems whatsoever. We are now conducting the pilot test on both Tidel Chameleon and Ignition Series ATM models, and expect to expand the number of Ignition Series sites this week. With such success to date, we are confident of our ability to begin a large-scale production roll-out starting next quarter.”

Tidel will also be showcasing its new online store for electronic parts ordering and tracking. This secure e-commerce module is available for all Tidel customers to streamline and speed parts ordering and delivery. In addition, customers will have real-time access to account balance and payment information.

Mark K. Levenick, Interim CEO of Tidel, said, “Tidel is continuing to change to meet the demands of the marketplace. We have come through a difficult year and believe that we are making the changes necessary to build a great future for the company. In addition to our new partnership with CashWorks, we are currently working on a new product line that is expected to debut later this year. This new line is designed for mass retailers and combines elements of our market-leading cash controller technology with our ATM technology.”

Tidel, a sponsor of the 2002 ATMIA Conference, will be showcasing its products and services at Booth 310.

Tidel Technologies, Inc. is a manufacturer of automated teller machines and cash security equipment designed for specialty retail marketers. To date, Tidel has sold more than 35,000 retail ATMs and 115,000 retail cash controllers in the U.S. and 36 other countries. More information about the company and its products may be found on the Internet at [][1].