Blue Brokerage

American Express announced this week Brokerage for Blue, a new benefit of Blue from American Express ([ blue][1]). Brokerage for Blue is designed to help Cardmembers with Blue from American Express attain financial independence by providing online access to investor education. With Brokerage for Blue, cardmembers gain access to a wealth of information, tools and resources to help them make better investment decisions, regardless of their level of investment experience. Brokerage for Blue includes:

— Investor Strategies — Detailed information, tips, tools and articles to help clients plan to meet their investment objectives — with versions for both beginning and experienced investors. Within each of the investor strategies are direct links to American Express(R) online tools and an account application to help investors create their investment plan.

— Standard & Poor’s Resources — A collection of articles is also available for cardmembers who are seeking a greater understanding on a variety of investing topics including “How to Choose a Mutual Fund” and “How to Weather a Stock Market Correction.”

— Easy Account Opening — A step-by-step guide to opening an American Express Brokerage Account. Access to an online application is readily available for cardmembers to apply for instant account approval.

— American Express Brokerage Challenge, a risk-free trading experience which allows people to hone their skills in an environment that works just like an actual American Express Brokerage account.

“Cardmembers with Blue from American Express are among the most Internet-savvy consumers out there,” said Kathy Marryat, vice president, Blue product management, American Express. “But they may not have a great deal of experience in investing or financial planning. With Brokerage for Blue, we are reaching out to a group of potential investors who want to use the Internet to achieve their financial goals.”

“American Express is well known for helping our customers use the Internet to learn about personal finance, plan for their futures and invest,” said Francois Odouard, vice president, American Express Brokerage. “With Brokerage for Blue, we are taking the best of our financial planning tools and resources, integrating them with customized financial education, and bringing it all together in one place for Blue customers.”

Investing strategies outlined on Brokerage for Blue include:

— Prioritizing financial goals

— Budgeting

— Risk tolerance assessment

— Asset allocation

— Researching stocks and mutual funds

— Monitoring investments

The strategies are organized into two “paths:” one for beginning investors, and one for more experienced investors. No matter which path investors choose, Brokerage for Blue can help them use the Internet to get started in investing and achieve their investment goals.

American Express Company (NYSE: AXP) is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.

At [][2] , customers can choose from a range of Internet products and services. Options include the ability to check Card and Membership Rewards(R) account information; pay American Express Card bills online, consolidate and track travel rewards programs, make travel reservations, find last minute travel bargains, and receive special online offers. Consumers interested in financial services can conduct online banking, with free bill payment and ATM rebates, and take advantage of online brokerage services, including low-cost stock trades, comprehensive, integrated online financial planning tools, and access to financial advisors. Resources for small businesses include tips on incorporation, managing staff, and franchising business opportunities. Corporations can choose from merchant, retirement, purchasing and travel and expense management services.

American Express Financial Advisors makes investments, brokerage services and financial planning services available through American Express Financial Advisors Inc. (Member NASD and SIPC). American Express Travel Related Services Company, Inc., offers charge cards, credit cards and travel services. American Express Company is separate from American Express Financial Advisors Inc. and is not a broker-dealer.

Investments are not insured by the FDIC, are not deposits or obligations of or guaranteed by a financial institution, involve investment risks including possible loss of principal. All deposit products and services are offered by American Express Centurion Bank, a federally insured financial institution.



Into its 6th year, Cards Asia 2001 is aimed at bringing decision-makers
from major industries such as banking, transportation, healthcare, security
services and government together to talk about the latest card technology
and new business opportunities. Last year’s event drew over 100 conference
delegates and over 3000 visitors to the exhibition.
Cards Asia 2001 is sponsored by big names in the cards industry like
Datacard, RS2 Software, Mastercard, Sema and Visa, is to be held on 25-27
April 2001 at the Singapore International Convention and Exhibition Centre
and is packed with end-user presentations and an impressive list of
exhibitors from around the world.

Delegates and visitors to Cards Asia 2001 will also have the opportunity to
participate in two other relevant events held in conjunction with this
year’s show- Mobile Commerce World Asia and iSEC Asia, focusing on wireless
technologies/solutions and information security. Delegates can purchase
Platinum Passes to these other events.
Whether you are an executive in telecommunications or a specialist in chip
cards and readers- all three events are sure to represent an unparallel
networking opportunity.
Cards Asia 2001 The Conference
This year, the conference features a Keynote Plenary Session fearturing
Donald Tapscott, the highly acclaimed author of The Digital Economy and
Digital Capital Harnessing the Power of Business Web live via video
conference. This talk will give you a rare chance to hear from a
world-renowned observer of the Internet and the digital revolution and its
impact on today’s business environment.

Next up is a series of powerful sessions featuring three top senior
executives from the Singapore teleco, payment and banking industry. Lucas
Chow, CEO of SingTel Mobile, who will talk about the future of m-commerce
in the next five years from an operator’s perspective; and Philippe
Paillart, CEO, for DBS Bank in Singapore; who will touch on financial
institutions and their importance in the value chain of m-commerce, cards
and security. Mark Burbidge, GM & Senior VP of e-Visa, Visa International
will examine how cards/payment solutions will enable total delivery of the
wireless Internet. Conference delegates to all three events- Cards Asia
2001, M-Commerce World Asia and iSEC Asia 2001- will also have the
opportunity to hear from the three headline speakers during a joint Opening
Keynote Plenary Session.

The conference continues with another strong keynote presenter sharing his
expertise on smart cards- the co-founder and Chairman of the Board of
Gemplus- Dr. Marc Lassus.

The rest of the first day is an intensive schedule packed with industry
case studies from around the Asia Pacific region. You can hear from the
Project Director in charge of the Malaysian government’s MultiPurpose Card
Project that has applications in a variety of key areas including Identity
Cards, Driving Licenses, Passport Information, Health Records, E-Cash and
Public Key Infrastructure. Subsequent case studies reveal the keen interest
of Asian governments to use smart card technology in order to streamline
and increase the effectiveness of government programmes.
The day ends with an interactive panel discussion to discuss public and
private sector cooperation in spearheading advanced technology card
programmes. Authorities from the Asia Pacific Smart Card Association and
the Asia Pacific Smart Card Forum will be present to represent the
industry’s keen interest in fostering and maintaining better relations
between the government and private sector in smart card initiatives.

Day Two comprises a strong showing of industry case studies from Japan,
Philippines, Korea, Hong Kong and Australia. A panel discussion entitled,
“Consolidation of Open Interoperable Standards” will discuss standards and
innovations from various software vendors such as RS2 Software, Microsoft,
SUN Microsystems, Gemplus and MAOSCO. The remainder of Day Two will focus
on the synergy between smart cards and mobile commerce, and a discussion of
Internet security.

One-Day Highly Focused SIM Seminar
For those that are interested specifically in SIM technology to add value
and enhance the security aspects of your product, this one-day seminar on
27 April 2001 will provide concise information on multi-application
platforms, smart cards in mobile commerce, Java card technology and case
studies from Europe and the Asia Pacific region.
Hear about the SIMalliance, a collaboration of the world’s leading SIM
manufacturers, who will kick start the day off by talking about the
convergence of the mobile and Internet worlds. Specifically, they will
touch on how to maximise GSM operator benefits from SIM and SIM toolkit
(STK) usage in the growth of value added services.
Cards Asia 2001 The Exhibition
Visitors from over 30 countries came to the event last year. Given the
response from the 2000 show, the exhibition was well received from both the
visitor’s and the exhibitor’s perspectives. As one exhibitor from Gilles
Leroux said, ” There is a constant flow of visitors. We made important
contacts with people who are very interested in our products. They are from
Europe, USA and mostly all over Asia. It is a good show!”
This regional platform will include Card exhibitors such as Visa,
Mastercard, RS2 Software Group, CardTech, DataCard, Philips, Muhlbauer,
Infineon Technologies, Philips Semiconductors, and Fargo Electronics to
name a few.

The exhibition is set to be even smarter this year with exhibitions from
Mobile Commerce World and iSEC Asia co-located in the same venue for
maximum effect. This massive event was marketed through e-newsletters
distributed to users and vendors, advertisements in trade publications,
endorsements from industry associations, and at least 250,000 tickets and
brochures were sent out to potential card customers. It seems that this
will be the place for anyone interested in cards; security issues in
banking; and e-commerce and mobile e-services.
Understanding the latest innovations in card technology through the latest
case studies and meeting your competition are necessary for anyone in the
card business, especially if you intend to stay ahead of the competition.
Both the Cards Asia 2001 Conference and Exhibition will help you get the
most significant information you need to make more intelligent business

You can visit the organiser’s website at for
up-to-date cards information and event updates. For Conference information
call Terrapinn’s Registration Hotline on Tel (65) 322 2700 or Fax (65)
223 3554. For more information regarding the Exhibition email
[email protected]
With a conference jam-packed with10 industry case studies and a massive
trade show featuring the latest information on smart card technology and
applications- your cards business is sure to get smarter.


VeriFone, a division of Hewlett-Packard Company, and worldwide leader in
electronic payment solutions, announced a marketing agreement with EHPT, a
joint venture between Ericsson and Hewlett-Packard, to offer an integrated
Internet payment solution that handles both micro- and macro-payments for
value-added e-services.

Micro-payments — very small transactions that are below the typical limits
set for credit card purchases, are used to charge for e-services billed in
increments, such as by the minute, hour, game, per point, per download, or per
online session. E-service providers need to support both micro- and larger
macro-payments made by consumers purchasing e-services, no matter what
Internet-enabled device they’re using. To achieve this, e-service providers
typically outsource the task of payment and collection to a payment service
provider like a telco, bank, processor or Internet Service Provider.

Jalda, a payment technology developed by EHPT, avoids the complexities and
expense of a proprietary micro-payments solution by offering payment service
providers a way to securely handle micro-payments over fixed and mobile
Internet-enabled devices. Payment service providers will be able to use the
Jalda-based EHPT SAFETRADER payment system and VeriFone’s e-Payment Server
(ePS) product to handle micro- and macro-payment transactions for e-services,
as well as the reloading of the accounts from which micro-payments are
deducted, and all infrastructures required to support it. EHPT SAFETRADER is
the first payment system based on the Jalda technology.

“Many people think Internet based services are restricted to what they can
access through their PC, but e-services will become ubiquitous — available
through a wide variety of Internet-enabled devices including cell phones,
vending machines, point-of-sale terminals, handheld PDA’s, and many others,”
said Patrik Attemark, marketing director, EHPT Internet Payment Systems. “Many
of these new e-services, like streaming video, music and on-line gaming, also
are charged in small, low-valued increments. As a result, e-service providers
need the power and flexibility to accept virtually the entire spectrum of
e-payments — small or large — no matter what Internet-enabled device is

VeriFone’s e-Payment Server (ePS) for macro-payments, integrated with our
Jalda-based EHPT SAFETRADER solution for micro- and session based payments
answers this need.”

VeriFone’s ePS is a comprehensive, standards-based solution that handles
traditional macro-payments over the Internet, including debit, credit, gift
card, and electronic check, as well as online, customer prepaid accounts. A
mission-critical payment server that provides essential capabilities for
automating and integrating Internet, wireless and physical transactions, ePS
interfaces with EHPT’s Jalda-enabled Internet payment system for
micro-payments. By integrating with EHPT SAFETRADER, VeriFone’s ePS enables a
payment service provider to reload capability for prepaid accounts and accept
macro payments.

How SAFETRADER and ePS Will Work Together

A consumer, for example, makes a payment of $10.00 or more — called a
macro-payment — to load value into an account. The funds in this account are
reduced over time as the consumer uses e-services that are charged using
incremental micro-payments, such as 3 cents per minute for an Internet
telephone call, or 10 cents per download for an online research service. Once
the funds in the micro-payment account are used up, the account holder must
make another macro-payment to reload the account with value.
“This agreement is an exciting continuation of VeriFone’s Payment Roaming
initiative, which acknowledges that in today’s Internet landscape, payments
e-services must be possible with any Internet-enabled device, at any time,
using any form of payment,” said Stuart Taylor, director of emerging markets
and business development at VeriFone. “Jalda technology and VeriFone’s ePS
solution will extend a wide range of e-payment methods to virtually any
Internet-enabled device. EHPT SAFETRADER gives payment service providers the
flexibility, security and reliability they need to support session-based
micro-payments, which are required for many emerging e-services.”


Jalda(TM) is a payment method developed by EHPT, a company jointly owned by
Ericsson and Hewlett-Packard. Jalda makes micro- and session based payments
possible from both fixed and mobile devices with Internet access. It is
based which means that both consumers and content providers are connected
to an
account managed by a payment service provider. Jalda supports digital content
delivery, B2C e-commerce, IP services and is also configured to operate within
3G applications. It uses RSA Public Key Infrastructure cryptographic
that enables the authentication and signing of Internet contracts. Find out
more at

About EHPT

EHPT is a global IT business, developing software applications for telecom
operators and Internet Service Providers around the world. EHPT’s product
portfolio is built on an open and modular architecture for use in both fixed
and mobile communications and the Internet. The company was founded in 1993 as
a joint venture between Ericsson and Hewlett-Packard. EHPT is represented
around the globe, with its Head Office in Sweden and a total of over 1,000

About VeriFone

VeriFone (http//, a division
of Hewlett-Packard Company, is the leading global provider of secure
payment solutions for financial institutions, merchants and consumers. The
division has shipped more than nine million electronic-payment systems, which
are used in more than 100 countries.

About HP

Hewlett-Packard Company — a leading global provider of computing and imaging
solutions and services — is focused on making technology and its benefits
accessible to individuals and businesses through simple appliances, useful
e-services and an Internet infrastructure that’s always on.
HP has 88,500 employees worldwide and had total revenue from continuing
operations of $48.8 billion in its 2000 fiscal year. Information about HP and
its products can be found on the World Wide Web at


MasterCard International reported performance results for the fourth quarter
and full-year 2000.

Cardholders across the globe used MasterCard-branded products to generate $857
billion in gross dollar volume (GDV) in 2000, a 21.5% increase over 1999. For
the fourth quarter of 2000, GDV rose 19% to $231 billion, marking the seventh
consecutive quarter of double-digit global GDV growth. GDV includes both
purchase activity and cash transactions. In the critical U.S. market,
GDV registered the highest growth rate in six years, rising 20.2% to $423

Global purchasing volume (excluding cash transactions) rose 17.3% to $633.5
billion for 2000, and 14%, to $170.6 billion, in the fourth quarter of the
year. In 2000, MasterCard-branded cards, excluding Maestro, were used for
almost 9 billion purchase transactions worldwide, a 17.4% increase from 1999.
Fourth quarter purchase transactions were up 16.6% to 2.5 billion.

By the end of 2000, MasterCard’s 20,000 member institutions had issued more
than 437 million MasterCard-branded cards globally, a 15.4% jump from the
previous year. This represents the highest year-to-year card growth rate in
more than four years, and is more than double the global growth rate reported
for 1999. In the U.S., the number of cards issued reached 235.1 million by
year-end 2000, 16% above 1999. The card growth rate in the U.S. in 2000 was
more than five times the 1999 growth rate of 2.8%.

MasterCard also reported that, by the end of 2000, its cardholders were
able to
use their MasterCard cards at 21 million acceptance locations worldwide, a
12.7% increase over the previous year. MasterCard’s efforts to ensure that no
card is accepted at more places or by more merchants have yielded notable
results as the number of MasterCard acceptance locations increased by nearly
36% between 1997 and 2000.

Strategy Drives Success

“These impressive results clearly demonstrate the success of our
customer-oriented strategy,” said Robert W. Selander, MasterCard’s president
and chief executive officer. “In 1997, MasterCard embarked on a new corporate
strategy to sharpen our focus on our customers, strengthen our core products
and services, and differentiate ourselves from the competition by building
customized, value-added services. With each passing quarter we’re seeing our
customers rewarding us for focusing on making their payments businesses more

“Our focus, strengthen and differentiate strategy has been remarkably
effective,” Mr. Selander said. “The strategy has proven its resilience as both
our industry and the global economy have changed and remains a strong and
flexible foundation upon which MasterCard can build future growth.”
“With our award-winning Priceless advertising campaign now seen in 81
and in more than 36 languages, the reach and scope of the MasterCard brand is
unsurpassed by any competitor in the industry,” he added.
During the year, both credit and debit showed strong momentum. Global credit
GDV rose 20.7% for the year, to $740 billion. In the debit card arena, GDV
26.3% for off-line debit programs, to reach $117 billion.
By the end of 2000, the number of MasterCard, Cirrus, and Maestro logos that
appeared on credit and debit cards in circulation worldwide exceeded 1.73
billion, compared with 1.46 billion at the end of 1999.

United States Results

For full year 2000, GDV growth in the United States jumped more than 20%. In
the final quarter, GDV rose a healthy 15.9% to $116.5 billion. U.S. purchase
volume was up 18% for the full year and 14.2% for the fourth quarter.
U.S. outstandings stood at $212.7 billion at year-end 2000, up 18.9% from
According to industry analyst MasterCard’s share of outstandings, over the
decade, among general purpose cards, rose by 279 basis points, while Visa
had a
similar decline.
The number of MasterCard-branded cards issued in the United States jumped 16%
in 2000 versus 1999, to 235.1 million. According to BAI Global, a card
firm, MasterCard had a 57% U.S. bankcard mailshare – a leading indicator of
card growth – for the year, considerably above the 45% reported for 1999.
“During a year that saw a slowing economy and declining consumer confidence,
these strong gains in U.S. performance indicate that our members and their
customers are increasingly looking to MasterCard to meet their payment needs,”
Mr. Selander said.

Regional Performance

Strong GDV increases were registered in all regions for 2000 Asia Pacific
(excluding China), 53.9%; Canada, 16.6%; Latin America, 21.5%; Middle
East/Africa was up 14.8%. In Europe, through its alliance with Europay
International, GDV for MasterCard-branded cards rose 15.8%.
The Asia Pacific region (excluding China) recorded particularly strong
as 2000 GDV rose 53.9% for the full year, and 51.2% for the fourth quarter. In
1999, the Asia Pacific region (excluding China) had reported a 16.5%
year-to-year increase, as the region began to recover from an economic crisis.
Contributing to the robust 2000 GDV growth was particularly strong performance
in the following market clusters Korea (up 114.6%), Greater China (excluding
China) (up 39.1%), South East/South Asia (up 27.1%), Australia/New Zealand (up
22%), and Japan (up 18.3%). Asia Pacific (excluding China) also reported
growth in cards issued (up 17.9%), and transactions (up 34.6%). The number of
locations where cardholders can use their MasterCard cards rose 18.9% in the

Latin America also reported substantial growth, with GDV up 21.5% over 1999,
cards up 15.7%, and transactions up 18.7%. Particularly strong GDV growth was
reported in Brazil, which was a 30% increase over 1999, and in Mexico, where
GDV rose 73.4%. In the fourth quarter, Brazil registered a 28.6% increase in
GDV, and Mexico, 68%.

In Europe, France, Italy, Spain, and the United Kingdom drove growth. In
France, 2000 GDV rose 16.7% over 1999, and the number of cards issued rose
almost 9%. In Italy, GDV rose 27.3% year-to-year, and card issuance was up
26.4%. GDV in Spain was up 18%, and 25.3% more cards were issued. In the
Kingdom, GDV increased 13.1%, and card issuance was up 9%.


Maestro, the world’s leading debit program, continues to grow, as the
number of
cards issued worldwide grew to 373.3 million, a 19.4% increase from 1999. The
number of Maestro cards issued in the Asia Pacific region showed particularly
strong growth, rising 37.3% to 111 million cards. Maestro has grown from zero
to over 100 million cards in the Asia Pacific region since its launch in 1993,
an unprecedented growth rate in the industry. At the end of 2000, there were
183.2 million Maestro cards in Europe, a 16% year-to-year increase.

About MasterCard

MasterCard International has the most comprehensive portfolio of payment
in the world. More than 1.7 billion MasterCard(R), Cirrus(R) and Maestro(R)
logos are present on credit, charge and debit cards in circulation today. An
association comprised of more than 20,000 member financial institutions,
MasterCard serves consumers and businesses, both large and small, in 210
countries and territories. MasterCard is the leader in quality and innovation,
offering a wide range of payment solutions in the virtual and traditional
worlds. MasterCard’s award-winning Priceless advertising campaign is now seen
in 81 countries and in more than 36 languages, giving the MasterCard brand
reach and scope unrivaled by any competitor in the industry. With more than 21
million acceptance locations, no card is accepted in more places and by more
merchants than the MasterCard Card. In 2000, gross dollar volume exceeded
US$857 billion.

south KOREA

Bank of Korea reported that cash advances provided by domestic credit card
companies grew 400% last year and overall household lending surpassed 264
trillion won (US$200.1 billion), up 24%. Ay year-end 2000, household
lending totaled 264.1 trillion won, up 24% from 213 trillion won at the end
of 1999. Household lending by banks, savings organizations, insurance and
credit card companies reached 238.2 trillion won ($180.4 billion), up 24.8%
from the end of last year. Credit card sales directly linked to consumption
by households rose 16.9% to 25.8 trillion won ($19.5 billion). Household
lending through cash service by credit card companies last year rose by
16.3 trillion won, 4.2 times of the growth in 1999 at 3.89 trillion won.


EPOST announced several leading Canadian
companies that are now sending e-bills to customers through EPOST, the world’s
first electronic post office. The new EPOST mailers include premier Canadian
brands such as Canadian Tire, Enersource Hydro Mississauga, Sears and TELUS.
These companies join the growing list of EPOST mailers, including Columbia
House, The City of Toronto, Costco and Radio Shack, who are already sending
mail through EPOST’s on-line delivery service.

In the coming months, the new mailers announced today will be joined by
the Bay and Zellers, the retail brands of Hudson’s Bay Company, and several
prominent Canadian retailers from National Retail Credit Services Company
(NRCS). NRCS administers the private label credit card process for over 30
major retail organizations throughout Canada. Some of the first NRCS clients
to launch with EPOST will include Holt Renfrew, Home Hardware and Petro-

“As the world’s first electronic post office, EPOST is digitizing the
mail and defining a new market space in Canada. Our primary focus at this time
is to build density in the electronic mailbox so that EPOST offers consumers a
valuable service,” said Peter Melanson, President and CEO, EPOST. “With the
announcement of these new mailers today, we believe we’ve taken another giant
step forward in creating a service that will ultimately benefit all

Consumers who wish to receive and pay their bills through EPOST can do so
by registering for a free Electronic Post Office Box at Once
registered, customers create their personal list of mailers and begin
receiving their mail on-line, including e-bills. Customers can modify their
EPOST preferences at any time, adding new mailers to their list as they become

EPOST’s free service has many advantages for consumers including

– Convenience — EPOST keeps mail organized by offering one, convenient
location for receiving the mail consumers choose to move on-line.

– Privacy and Security — All mail sent through EPOST is electronically
postmarked, providing a guarantee that the mail has not been tampered

– Choice — EPOST lets customers choose the companies who they wish to
receive mail from, and it lets them receive any type of mail, not just

– Access — EPOST is a web-based service that lets customers access
their mail when they want, where they want.


EPOST is the world’s first electronic post office. An alliance between
shareholders Canada Post Corporation, Cebra Inc. (Bank of Montreal’s wholly
owned e-commerce subsidiary), and TELUS Corporation, EPOST delivers the mail
on-line for Canada Post. In addition to having over 130,000 Canadians register
for their free EPOST box, 90 companies have committed to participate with the
service. EPOST was named one of the top Canadian e-businesses in an
independent survey by Bain & Company and The Globe and Mail. EPOST ranked
ninth in “The e25,” an exclusive report on the 25 hottest dot-coms in Canada.
For more information on EPOST, visit


Three leading wireless solution providers, Baltimore Technologies, AU-System,
and Gemplus, announced the world’s first and most advanced security and
authentication technologies featuring digital signatures over General Packet
Radio Services networks.

This ground-breaking development in secure mobile commerce has been
achieved in partnership with Ericsson, using the R520 handset, and will be demonstrated at
the CeBIT trade show in Hannover, Germany from 22-28 March.
Security and bandwidth have been two critical success factors in the uptake of
mobile commerce across the globe. GPRS provides at least four times greater
bandwidth than typical GSM based connections and introduces core network
changes in preparation for 3G networks. The new mobile commerce and business
services require even greater security which is now being addressed jointly by
Baltimore Technologies, AU-System and Gemplus.

E-security for mobile devices is provided by digital certificates, which are
issued using a Wireless Public Key Infrastructure (WPKI) by network operators
and content providers. These digital certificates are stored on the mobile
devices using S/WIM (Subscriber Wireless Identity Module), the latest
development in chip cards. The combination of WPKI and GPRS enables the
provision of secure mobile services in the next generation mobile market.
According to Bo Albertson, Marketing Director Communications, Ericsson Mobile
Communications, “Ericsson regards mobile e-commerce as one of the exiting new
applications enabled by the combination of sufficient security level in the
phone and the greatly enhanced data transmission rates offered by GPRS. This
project gives powerful proof of the phone becoming a personal trusted device
allowing for new exciting services and applications and we are very pleased to
participate with the R 520 handset.”

“GPRS allows customers to access more data-enriched services with the added
benefits of ‘always on, faster download’,” stated John Fallon, Director of
Wireless at Baltimore Technologies. “This combined offering from three leading
wireless solution providers makes available a comprehensive integrated
solution in tandem with the launch of 2.5G networks this year across the

“This is a major break-through in wireless security, which is becoming
increasingly important as GPRS and 3G networks are enabling new mobile
applications,” says Christer Bjork, Business Area Manager at AU-System. “The
solution is a great example of how AU-System, together with leading mobile
vendors, can create viable solutions based on emerging technologies and enable
a fast time-to-market.”
“The availability of secure and trusted solutions will be a major contribution
to the success of m-commerce. Gemplus has leading experience in S/WIM cards
thanks to this partnership, takes wireless networks to new levels of security
forging a Bond of Trust between consumers, financial institutions and mobile
operators,” said Patrick Imbert, Mobile Commerce Director, Gemplus.
The solution has been developed based on cutting-edge technologies from a
consortium of leading vendors within the mobile communications industry,
Baltimore Telepathy wireless e-security from Baltimore Technologies,
GemXploreTM Trust S/WIM cards from Gemplus and consultancy services from
AU-System, to achieve a complete end-to-end security solution based on the
latest WPKI and WIM standards

About GPRS

GPRS is a major step on the road towards 3G networks utilising an Internet
Protocol IP backbone and packet based communication and thus is often referred
to as 2.5G. Bandwidth is significantly greater than traditional GSM networks
opening up a far greater range of services for mobile users, all of which
require enhanced security. Such networks offer subscribers “always on”
connectivity, eliminating repetitive and time-consuming reconnections making
mobile intranet services possible, such access to corporate databases and
resources on the move.

About Baltimore Technologies
Baltimore Technologies develops and markets security products and services to
enable companies to develop trusted, secure systems for e-business, the
Internet and mobile commerce. Its products include a wide range of Public Key
Infrastructure (PKI) products and services, wireless e-security solutions,
cryptographic tool-kits, access control & authorization, content security
(MIMEsweeper products) security applications and hardware cryptographic
devices. Baltimore’s global professional services organization offers a wide
variety of consulting, training and deployment support to its customers
worldwide. Baltimore Technologies markets and sells its solutions worldwide
directly and through the TrustedWorld partner program. TrustedWorld includes
many of the world’s leading technology companies and a wide variety of global,
regional and local business alliance partners.

Baltimore Technologies employs over 1200 people worldwide and operates from
over 38 cities, with headquarters in Dublin, Ireland; London, UK; Boston, USA
and Sydney, Australia. Baltimore Technologies plc is a public company with
listings on NASDAQ (BALT) and the London Stock Exchange (BLM). For further
information and press releases on Baltimore Technologies, please visit

About AU-System and WAP

AU-System is an active member in the WAP Forum and has participated in the
development of the WAP browser used by Ericsson in its terminals. The company
also has a distributor’s agreement with Ericsson, giving AU-System the
right to
licence the WAP browser to other suppliers of communication devices as the AUS
WAP Browser. The browser is compliant with the latest specifications from the
WAP Forum and the client list includes companies like Motorola, Samsung,
and LG Electronics. Apart from software licences, AU-System also offers
consultancy services such as service development for mobile operators,
solutions development, e.g. secure mobile banking and stock trading, and
adaptation of the AUS WAP browser to various environments.

About AU-System

AU-System is a leading Mobile Internet consultancy. Through the subsidiary
SandbergTrygg, the company also offers integrated services for marketing
communications. Major clients include Ericsson, Telia, Scania,
and Singapore Telecom. AU-System was established in 1974 and currently employs
more than 1000 staff in offices in Sweden, the U.K., Italy, the U.S., Thailand
and Singapore. AU-System is listed on Attract40 of the OM Stockholm Exchange,
under the symbol AUS. For more information, please visit

About GemXploreTM Trust

GemXploreTM Trust is an enhanced SIM card with full support of Public Key
Cryptography to enable end-to-end mobile transaction security. It brings the
mobile phone one step closer to being our most trusted personal device.
GemXploreTM Trust is a SIM/WIM card, enabling RSA-1024 bit digital signature,
fully compliant with the latest WAP standards.

About Gemplus

GEMPLUS the world’s leading smart card solutions provider Since its creation
in 1988, Gemplus International S.A.(Euronext Sicovam 5768 and NASDAQGEMP)
driven the global marketing and deployment of smart card-based applications
telecommunications, financial services and e-business security.
Gemplus is instrumental throughout the value chain – chip design, card
management systems, software development, and consulting – delivering
integrated custom-made solutions for the security, personalization and privacy
management needs of clients and partners worldwide. Gemplus technology has
played a defining role in the development of wireless telephony since the
introduction of SIM cards into the GSM standard in 1990. For more than a
decade, Gemplus has pioneered applications that enable network operators
the world to answer the changing needs of their customers. Gemplus was
first to
market with a 3G card and supplies a product range compliant with new and
emerging transmission standards – 2.5G, 3G. In 2000, revenue was 1.205 BE, up
57% from the previous year’s 767ME. Net income was 99 ME. Gemplus employs more
than 7800 people in 37 countries worldwide.
Since 11 December 2000, Gemplus shares have been trading on Euronext Paris
First Market and on Nasdaq in the form of ADSs. Visit our website

CyberCash Auction

CyberCash, Inc., a leading provider of electronic payment technologies and services, announced that April 10, 2001 has been fixed as the deadline to submit competing bids for the acquisition of CyberCash’s assets in its ongoing Chapter 11 reorganization. Parties desiring to submit bids on any portion of CyberCash’s assets should comply with the procedures set forth in the court’s order.

“After bidders are pre-qualified through their initial bid submissions, there will be an auction on April 11 managed entirely by CyberCash’s outside counsel and financial advisors,” said John H. Karnes, CyberCash’s Chief Financial Officer. “The process will be conducted under the auspices of the official creditors’ committee in the case and will be subject to review and approval by the bankruptcy judge. Every precaution possible is being taken to ensure that the process is totally open and fair, yet is not disruptive to the continued, uninterrupted services our customers have come to appreciate. Our only desire at this point is to obtain the highest value possible for our creditors and stockholders. We have conducted comprehensive due diligence activities with a number of potential bidders and our financial advisors inform us they anticipate a very competitive bidding process,” added Karnes.

The Company also took the opportunity to reiterate that it was conducting business as usual during its reorganization. In this regard, Karnes stated “We have achieved 100% service availability throughout this entire process and look forward to maintaining our exceptional track record for security and dependability in the future. Our employees have done a superb job moving our business forward. Sales remain brisk and we are adding new merchants daily.”

About CyberCash

CyberCash, Inc., headquartered in Reston, Va., is a leading provider of Internet payment services and electronic payment software for both Business- to-Consumer (B2C) and Business-to-Business markets (B2B). The Company provides service solutions to more than 27,500 Internet merchants and has shipped more than 145,000 copies of its software products. In addition to enabling Internet payments, CyberCash offers merchants state-of-the-art risk management capabilities through its FraudPatrol(TM) Internet fraud detection service, and the opportunity to generate additional sales leads through an affiliate marketing program. CyberCash offers the broadest reach in the payment industry with a comprehensive distribution network focusing on both direct and indirect channels, which include marketing partnerships with financial institutions, Internet service providers, application service providers, storefront solution providers and leading independent software vendors. On March 2, 2001, CyberCash and Network 1 Financial Corporation mutually terminated their previously announced merger. For more information, visit [][1] .


EAL4 Augmented

Gemplus, the world’s leading smart card solutions provider, and STMicroelectronics, a world leader in designing and manufacturing secure smart card microcontrollers, announced the successful security certification of a smart card solution that combines Gemplus’ embedded software and ST’s ST19 hardware platform. The certificate was granted under the new ISO15408 standard, also known as the Common Criteria, to a level of EAL4 Augmented. The ST 19 platform and embedded Gemplus secure software will be used in smart cards for telecommunications and banking applications.

![][1] For some years, the smart card industry has recognized the pre-eminent importance of formal security evaluation and certification to internationally recognized criteria. ISO15408 security evaluations are performed by independent, accredited Evaluation Facilities licensed by an appropriate Certification Body. In France, where the ST/Gemplus security evaluation was performed, the Certification Body is the DCSSI (Direction Centrale de la Securite des Systemes d’Information), a government organization that reports to the National Defense General Secretary. The evaluation was performed by SERMA Technologies, based at Pessac, near Bordeaux, and the resulting certificate was awarded by DCSSI.

“We are proud of this common achievement with Gemplus, which illustrates the benefits of re-using existing platform certifications,” said Maurizio Felici, Group Vice-President and General Manager of ST’s smart card division. “Because the ST19 hardware, including its development environment, was already certified to ISO14508, the evaluation and certification process for the new product was faster and less expensive, which benefits both our immediate customers and their end users.” The ST19 was the world’s first smart card chip platform to gain ISO15408 certification, which was awarded in May 2000.

“Increasingly sophisticated security measures are required to protect businesses from technological attack,” said Daniel Bois, Senior Vice-President Technology and R&D of Gemplus. “The certificate is a key achievement for us, since it will enable our customers to implement, on a world-wide basis, fully secure smart card based solutions for all types of electronic transactions.” The ST19 family of microcomputer-based smart card ICs employs state-of-the-art memory management techniques to allow the secure implementation of multiple applications on a single smart card. ST19 devices also have an outstanding resistance to the attack known as DPA (Differential Power Analysis), to which many other designs have proven vulnerable.


GEMPLUS: the world’s leading smart card solutions provider

Since its creation in 1988, Gemplus International S.A.(Euronext: Sicovam 5768 and NASDAQ:GEMP) has driven the global marketing and deployment of smart card-based applications for telecommunications, financial services and e-business security. Gemplus is instrumental throughout the value chain – chip design, card management systems, software development, and consulting – delivering integrated custom-made solutions for the security, personalization and privacy management needs of clients and partners worldwide. Gemplus technology has played a defining role in the development of wireless telephony since the introduction of SIM cards into the GSM standard in 1990. For more than a decade, Gemplus has pioneered applications that enable network operators around the world to answer the changing needs of their customers. Gemplus was first to market with a 3G card and supplies a product range compliant with new and emerging transmission standards – 2.5G, 3G. In 2000, revenue was 1.205 BE, up 57% from the previous year’s 767ME. Net income was 99 ME. Gemplus employs more than 7800 people in 37 countries worldwide. Since 11 December 2000, Gemplus shares have been trading on Euronext Paris S.A. First Market and on the Nasdaq stock market in the form of ADSs. Gemplus: [][2]

About STMicroelectronics

STMicroelectronics (formerly SGS-THOMSON Microelectronics) is a global independent semiconductor company, whose shares are traded on the New York Stock Exchange, on the ParisBourse and on the Milan Stock Exchange. The Company designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. In 2000, the Company’s net revenues were $7,813.2 million and net earnings were $1,452.1 million. Further information on ST can be found at [][3].

[1]: /graphic/stmicroelectronics/st.gif


AutoBranch Technologies Inc. today
announced an agreement with All Trans Credit Union Limited to provide Dynamic
Branding(TM) financial services to 10,000 All Trans members. This marks a
turning point in the financial services industry, as All Trans becomes the
world’s first financial institution to take advantage of AutoBranch’s shared
ATM network with Dynamic Branding(TM) technology.

Unlike conventional ATM networks, the AutoBranch network allows multiple
financial institutions to seamlessly support their brand and deliver
customized products and services to their clients. Once an All Trans member
puts their card into the ATM, AutoBranch Dynamic Branding technology will
“transform” the ATM into an All Trans ATM. From that point onward, All Trans
will define and deliver its own financial services, provide relevant marketing
messages, and present its distinctive “look and feel” — just as though it had
created its own coast-to-coast network of ATMs.

“This is a great opportunity for our members,” said Mike Alexander, CEO of
All Trans. “By taking advantage of the AutoBranch network, we can extend our
reach at minimal cost while ensuring that our members have national access to
convenient, surcharge-free banking. Looking forward, we can deliver products
and services that today’s traditional ATM technology does not allow. And we
can do it all while building our brand and delivering the All Trans personal

“We are very pleased to be working with a visionary leader like All
Trans,” said John Sinton, President and CEO of AutoBranch. “Financial
institutions have waited a long time for an affordable ATM channel that can
support advanced transactions and CRM initiatives. That capability is
available today. And very importantly, institutions can go live in a matter
of weeks. Now that the first financial institution has made the move from
evaluation to production, we look forward to publicly welcoming many other
institutions to the network over the coming weeks and months.”
All Trans cardholders will go live on the AutoBranch network before the
end of April.

Less than a month following the
agreement between AutoBranch Technologies Inc. of Toronto, Ontario and
Charlotte, North Carolina, and Rogers Video of Richmond, British Columbia, the
first Dynamic Branding(TM) automated teller machines (ATMs) have been
successfully installed in Rogers Video stores in the Greater Toronto Area. As
anticipated, the rollout of the ATMs came very quickly — clearly
demonstrating the potential for a rapid rollout across Canada.

The Dynamic Branding network allows multiple financial institutions to
share a single network of ATMs, offering cardholders more services in more
locations while actually reducing capital and operating costs. Furthermore, it
allows savvy retailers to use the ATM channel to strengthen relationships with
their own customers.

The new combination AutoBranch ATMs / Rogers Video kiosks bring the whole
world of Rogers products and services to the customer. Rogers’ customers can
already get the latest on upcoming releases, receive valuable coupons for
in-store promotions, and learn about Rogers AT&T wireless services — they can
even test their knowledge of movie trivia. Future functionality under
consideration will allow Rogers clients to enroll in the Rogers VIP program,
reserve the latest DVD releases, purchase additional ‘pre-paid’ cell phone
time, and view and pay Rogers AT&T wireless service bills at the ATMs. The new
ATMs also offer full service banking with no convenience fee for cardholders
of financial institutions that participate in the new AutoBranch network, plus
cash withdraw for cardholders from any Interac(R) institution.

“The speed with which we were able to complete this rollout clearly
demonstrates how quickly and easily innovative retailers can take advantage of
this new, patent-pending technology — and, that they can do so with minimal
upfront expense,” said John Sinton, AutoBranch President and CEO. “As
financial institutions join the AutoBranch network in the coming weeks, Rogers
Video customers will be among the first to enjoy the benefits of branded
full-function ATM banking at a convenient and safe location without the
traditional ‘convenience fees’ common in retail locations. This is a real
milestone for AutoBranch, Rogers and the ATM industry.”

“We have experimented with basic cash dispensers in the past, but this is
the first time that a true ATM can interactively support and enhance our
customers’ experience in our stores,” said Pierre Robichaud, Vice President
Business Development at Rogers. “Although the kiosk content is currently
focused around Rogers Video, we see great potential to serve customers across
the entire Rogers family. We are proud to take the lead in delivering this
leading edge technology to our customers.”

The initial rollout includes six Rogers Video stores in the Greater
Toronto Area, with the potential of national implementation. Dynamic Branding
ATMs are currently in operation at the following Rogers Video locations

About All Trans Credit Union Limited
All Trans Credit Union Ltd. strives to help members receive the newest
advancements in banking technology. The company’s vision is to provide
financial services anytime, anyplace to employees of affiliated bond companies
and organizations. More information is available on the corporate Web site at

About AutoBranch

AutoBranch Technologies Inc. operates a financial transaction network that
enables advanced, personalized financial services to be delivered through
automated tellers (ATMs) with dramatically reduced costs. Dynamic
Branding(TM) allows customized services for each financial institution to be
delivered in a cost effective way through a shared network of automated teller
machines (ATM). AutoBranch partners with ATM deployers, switching services,
network technology providers and retail merchants to create and manage a
global, secure network serving its unique, Web-enabled transaction service
capabilities to financial institutions. The company is based in Charlotte,
North Carolina and Toronto, Ontario. AutoBranch and Dynamic Branding are
trademarks of AutoBranch Technologies Inc.


Visa Canada announced that Canadians
boosted their spending on Visa cards in 2000 by 15.9 percent to more than $93
billion extending Visa’s run of double-digit growth into its eighth year.
Visa Canada predicts that the record will remain intact in 2001 with
spending on Visa cards expected to increase by 12 percent to more than $100

The projected spending reflects the findings of a just-completed third
annual national consumer survey that reveals Canadians continue to be upbeat
about their personal spending and prospects despite some concerns over the
general economic outlook. According to the Visa sponsored research conducted
in February by Thompson Lightstone & Company Limited, 83 percent of the
respondents expect personal spending this year to either increase or remain
unchanged. Last year, 81 percent expected to increase or maintain their

Expectations for personal spending mirror confidence in personal
prospects with 41 percent of the respondents this year claiming they are very
confident about their personal outlook. It is the highest such rating in the
three-year history of the study. Last year 36 percent expressed strong
confidence in their personal prospects compared to 38 percent in 1999.
Optimism about personal spending continues to be highest in the Province
of Quebec where 92 percent of the respondents expect to increase or maintain
their personal purchasing this year. Atlantic Canadians and Ontarians, at 88
percent and 82 percent respectively, follow closely in second and third place.
In terms of personal spending priorities, in all regions clothing was the
number one priority, with the exception of British Columbia where
entertainment heads the list. The findings also show that 75 percent of the
respondents expect to either increase or maintain their use of credit cards
over the coming year, up slightly from the 72 percent who responded similarly
in the two previous studies.

“The study findings point to continued consumer confidence in personal
prospects which we expect will translate into more transactions and continued
strong growth in the Visa franchise across Canada,” stated Visa Canada
President Derek Fry. “We took a number of initiatives last year to promote
both the Visa brand and Visa card use while giving Canadians many reasons to
feel confident with the reliability and security of the Canadian payment

Last year, credit card fraud prevention was a top priority for the Visa
issuing institutions in Canada. In the three prior years fraud grew at 40
percent annually and would have exceeded $200 million last year if strong
action had not been taken. The aggressive fraud prevention measures taken by
Visa members cut the card fraud rate drastically and fraud totaled $120
million for the year. In the coming year, Visa Canada and its members will
continue to focus on fraud and on the use of chip technology for fraud

In October, the Visa issuers in Canada adopted, Zero Liability, a policy
eliminating liability for Visa cardholders who experience fraud through
unauthorized use of their cards. The introduction coincided with the launch of
a major and highly successful Internet shopping promotion involving 13
Canadian e-tailers which ran through November to December 25.
This year, Visa plans to expand its Internet promotions beyond the
Christmas season to include the Back-to-School shopping season. In Canada, the
quickly maturing Internet shopping market is expected to be worth $5.7 billion
in 2001.

In November, Visa formed a group within Visa Canada dedicated exclusively
to developing and enhancing new payment initiatives in the physical and
virtual worlds. The group, e-Visa, will focus on new markets such as
person payments, new delivery channels such as interactive TV and personal
digital assistants (PDA), new authentication and security programs and new

During 2000 Visa stepped up its efforts to be the payment choice
available to Canadians whenever and wherever they want to use their Visa
cards. Almost 850 million Visa transactions, averaging $98.58, were carried
out in stores and retail outlets of all types during the year.
On the consumer education front, Visa launched a $1.5 million personal
financial management education program for high school students last June.
Called Choices & Decisions Taking Charge of Your Financial Life, it includes
a CD ROM, teaching aids and study materials. It has been distributed to more
than 4,000 schools in Canada free of charge and is reaching almost 600,000
students annually.

About Visa Canada

As the “World’s Best Way To Pay”, Visa is the leading credit card payment
brand in Canada with more than 23 million Visa cards accepted at more than
562,000 merchant locations across the country. Visa Canada plays a pivotal
role in advancing new payment products and technologies to benefit its 26
Member financial institutions and their cardholders. Visa-branded cards
generate more than $93 billion in annual volume in Canada and are accepted at
over 16,250 ATMs in Canada. Visa’s Internet address is


The Co-operative Bank launched its first ever, five-year, fixed-rate VISA
credit card, with an interest rate of just 9.8 per cent APR.
The Co-operative Bank’s new Platinum VISA card offers this competitive rate
on all balances, fixed until 30 April 2006.
The card has no annual fee and offers cardholders up to 46 days’ free
credit. The minimum repayment each month is two per cent of the outstanding

Mick Firth, Deputy Chief Executive at The Co-operative Bank said “We
believe that a credit card with a competitive fixed-rate will be more
attractive to some customers than cards with a so-called introductory rate.
These short-term or ‘teaser’ rates sometimes apply to balance transfers
only, and often revert to much higher standard rates after only a few months.
“Just as with fixed-rate personal loans and mortgages, this credit card
will allow customers to manage their finances in the medium term, with
complete certainty on the rate of interest that will be charged”.
Cardholders, who will have a credit limit from £3,500, will receive
numerous Platinum Travelclub benefits, including up to 15 per cent discount
off thousands of holidays. They will also be able to take advantage of
other travel offers from Co-op Travelcare, including car hire and airport
parking. In addition, they will get for free £100,000 worth of travel
accident insurance; purchase protection insurance for 90 days from the date
of purchase; and emergency cash and card replacement.