Welcome Real-time commenced legal action in the Federal
Court of Australia last year against the US Company, Catuity Inc and its
Australian subsidiaries, Chip Application Technologies and CIT Cards
(Australia). In his judgment issued this week Justice Heerey found that
patent had been infringed by the US and Australian companies. Welcome claimed
in the Court case that Catuity and its Australian subsidiaries had infringed
its patent by operating the CiT Transcard system in Western Sydney from July
1997 and by offering to supply upgrades of the system since that time.
denied the allegations and, in addition, claimed that Welcome’s patent was

Welcome’s patented technology covers the operation of customer loyalty and
incentive schemes using customer cards with integrated circuits (commonly
called ” smart cards “). Smart cards are becoming the newest technology for
credit cards, worldwide. Welcome’s technology offers credit providers the
ability to issue credit cards that can be used to provide consumers with added
incentives, a new facility that will be popular with card issuers, consumers
and retailers, alike. In delivering his judgment, Justice Heerey accepted
Welcome’s claims that Catuity s systems infringe its patent rights. In
addition, he rejected Catuity s claims and found that Welcome’s patent was
novel and inventive. The decision has assured Welcome that its patent will
stand up as an inventive development over published inventions from around the

In hearings to follow the Court will receive evidence on what compensation
Welcome should receive and what steps should be taken to prevent infringement
in the future. This outcome is very positive for Welcome’s patent rights for
the technology, world-wide and puts Welcome in a commanding position to market
its inventive technology Aneace Haddad, President and CEO of Welcome said
” We
have invested extensively in the protection of our intellectual property and
are extremely pleased with today’s judgment. This is a very major milestone in
the history of our company. “


OMNIKEY, an innovative supplier of cross-technology smart card readers for
business use, has introduced a read/write-device including a fingerprint
sensor. By combining biometric identification processes with market-proven
CardMan smart card technology, CardMan Desktop fingerprint does not only
improve security conditions – it also allows a much easier handling of smart
cards in the many areas where they have come to be used.
Developed by OMNIKEY, the biometric smart card reader stands out against
ordinary read/write devices based upon smart cards through various innovative
product features. From now on, for example, tools like PIN numbers identifying
a particular user will not be necessary any more – a fact which minimizes
security risks and improves handling processes. As biometric technology works
differently, users can dispense with time-consuming administrative procedures
every time access has been denied. Moreover, biometric identification, based
upon the unique character of unchangeable fingerprints, profits from full

Biometric identification processes will especially be used for applications
which require a high security level, for instance home banking, internet and
computer access as well as digital signatures. The target groups for CardMan
Desktop fingerprint include manufacturers of personal computers, financial and
insurance companies as well as health care organizations and public

Says Uwe Schnabel, Head of the Biometry Department at OMNIKEY “The open
CardMan Desktop fingerprint architecture provides OEMs and suppliers of
biometric systems with an easy support of their own identification algorithms.
It also enables integration with applications via standard interfaces such as
Bio-API and PC/SC.”
OMNIKEY will launch CardMan Desktop fingerprint 7120 first in a series of
biometric products, with distribution via OEMs, system integrators and
CardMan Desktop fingerprint 7120, at the attractive price of Euro 100, will be
available from the third quarter of 2001.


OMNIKEY AG is the first cross-technology supplier of smart identification and
payment devices. The company unifies and leverages leading technologies
such as
smart card, radio frequency identification (contactless) and biometrics. These
technologies are used in the development of secure devices with standard
interfaces. The certified products can be integrated into any application and
includes smart card readers, smart card terminals and contactless modules. The
company is headquartered in Wiesbaden in Germany, with offices and R&D
facilities at five other locations.


PayPoint have again been able to harness
the flexibility of their chosen transaction platform, Postilion PrePay from
Mosaic Software, to offer another leading edge service. Splash Plastic, a
company marketing a new prepaid Internet card designed for teenagers, have
chosen PayPoint as one of its partners. Paypoint was one of the first UK
companies to offer instant electronic top-up for mobile phones and has a
network of over 7,500 locations across the UK (increasing to 9,000 by June

The continued diversity of non-bank related payment methods using local
merchant networks is a significant growth area, which increases customer
choice and frees the consumer from traditional banking systems and processes.
Splash Plastic cards are aimed at the youth market. Young people are
currently restrained from purchasing goods securely online, due to the lack of
a credit or debit card. With this new service from Splash Plastic, they are
able to do so. First they register on-line to receive a card and then on
receipt of the card, they simply activate it using the Splash Plastic website.
Once activated, they can take it to any of more than 20,000 Splash Plastic
network of locations across the UK to make a payment, including those
supported by PayPoint.

The customer takes the card to the merchant, where it is swiped or the
card number is keyed in at the Point of Sale (POS) terminal. The merchant
then keys in the amount to be added to the card, at which point the consumer
pays cash for the amount to be added to their Splash Plastic account. The POS
terminal dials up to the Postilion PrePay system at PayPoint where the
transaction is processed and authenticated. If the transaction is validated
by the Postilion PrePay system, it is forwarded to the Splash Plastic host to
credit the card account. Whatever the outcome of the transaction, the
Postilion PrePay system confirms to the terminal the status of the transaction
with appropriate receipt printing. This occurs in real time, in under 15
seconds. With their Splash Plastic account now in credit, the customer can
spend up to that limit on the Internet.

Paul Woodward, Project Manager at PayPoint, comments, “Postilion PrePay
was an obvious choice for us and with its flexible modular architecture, it
allows us to very quickly add new pre-payment solutions to our portfolio and
support new client business, like Splash Plastic. This means we are a very
attractive partner for companies who require instant access to our large and
established network of merchant locations.”

“Yet again the speed at which we can implement systems for our customers
makes a difference to their business, and helps them offer new and improved
services to their clients, as well as improving consumer choice,” comments
Stevi Lowmass, General Manager of Mosaic in Europe.

About Mosaic Software

Mosaic Software is a leading edge provider of electronic funds transfer
(EFT) software for consumer-generated electronic transactions, and is the
market leader for web-enabled ATM and prepay software solutions. The company
is held by strategic partners GE Equity and Comparex Holdings, and Mosaic
management. With offices in the USA, a European office in the UK, South
Africa and Australia, Mosaic has a strong global presence. The company is
firmly established in the financial services industry and its EFT solutions
drive operations in a large number of multinational companies and industry
leaders around the globe. Clients include financial institutions, retailers,
Internet service providers, card issuers, telcos, data processing service
providers and some of the foremost players in the emerging online industry, in
the USA, Latin America and the Caribbean, Europe, Australia, the Middle East,
Africa and the Asia-Pacific region.

Mosaic’s family of products, named Postilion, is a comprehensive software
solution designed to effectively handle the transaction delivery and
authorisation requirements of every aspect of the EFT arena. Worldwide,
Postilion is used for ATM Processing/Monitoring, EFT Switching and Routing,
Point-of-Sale (POS), Credit/Debit Card Processing, Internet/Call Center
Payment Authorisations, Prepayment, Internet/Home Banking and Mobile Commerce
applications. Operating as the first fully-fledged EFT switch running on
Windows NT/Windows 2000, Postilion is live in more than 500 installations

Mosaic Software clients include 7-Eleven (US), American Express (US),
Retail Decisions (UK), Calypso (Canada), PSINet Processing Solutions (UK),
Innoventry (USA), Echo (USA), Pick ‘n Pay (SA), ABSA Bank (SA), Saambou Bank
(SA), NBS (SA), Vodacom SA) and MTN (SA).
More detailed information about Mosaic Software can be obtained by
accessing the Web site at http//www.mosaicsoftware.com .

About PayPoint

PayPoint is the UK’s leading branded national network for collecting
payments ‘over the counter.’ There are over 7,500 PayPoint outlets located in
newsagents, convenience stores, supermarkets, forecourts and off-licences
across the UK. Over 2 million customers use PayPoint regularly every week
with over 1 billion pounds sterling worth of payments collected each year on
behalf of over 140 major Client companies including BT, British Gas London
Electricity, Vodafone and One2One.

PayPoint information can be obtained by e-mail at [email protected], by
accessing the Web site at http//www.paypoint.co.uk or by calling (01707 600

About Splash Plastic

Splash Plastic Ltd, a UK company, has developed the first ‘re-loadable’
prepaid card for teens who want to buy on the net. The company is targeting
the 20 billion pounds sterling annual spend of UK teens who want to buy online
but can’t because the main form of online payment, the credit card, isn’t
available to under 18’s. Card-holders will be able to upload money at payment
terminals in high street and convenience stores and the sums deposited will be
available to spend at affiliated Splash Plastic web merchants. Splash Plastic
is supported by a powerful consortium of payment and e-commerce specialists,
including GE Equity, Global Retail Partners (GRP) and Arts Alliance, who have
invested $10 million in first round funding. The company is leveraging an
existing payment infrastructure that will also be used by the new breed of
‘re-loadable’ top-up cards for mobile phones. More than 60,000 retailers will
be accepting Splash Plastic prepayments by the end of 2001.

Smart Visa Ready

Further nudging the smart card drive along in the USA, VISA announced yesterday it is launching its ‘smart VISA Ready’ program for smart card-related products such as personal computers. The new corporate identifier, or mark, will denote that smart-card components, devices and services have met a set of criteria to ensure consistent performance and utility. VISA will require vendors, processors and physical POS merchants to undergo a standardized approval process before granting authorization to use the mark. The mark, similar to the highly recognized ‘Intel Inside’ mark, will appear on device packaging. Compaq Computer Corp. is the first to be approved for the ‘smart VISA Ready’ mark, and will begin incorporating smart card readers into its consumer PC family. Using the Gemplus reader technology, Compaq will release its new ‘smart VISA Ready’ computers later this year. The Compaq/Gemplus readers will also be EMV compliant.

JSMART Coprocessor

Nazomi Communications Inc., the inventor of universal and scalable coprocessor products for Java(TM) technology, announced the release of the JSMART coprocessor for Java Card technology. The JSMART Java Card coprocessor is based on Nazomi’s JSTAR architecture, ‘the leading hardware approach to boosting performance of Java-enabled devices while also reducing power consumption during Java software execution.

“Smart cards enabled with Java Card technology are rapidly becoming a key enabler for commerce, identification, authentification, and other simple transaction-based applications,” said Jay Kamdar, vice president of marketing and COO for Nazomi. “Shopping, banking, stock portfolio management, government entitlement, military programs, health insurance plans and other applications are utilizing smart card technology to facilitate portable transaction and authentication services.”

The JSMART Java Card coprocessor is fully compatible with the Java Card 2.1.2 specifications and can be interfaced with any 8-bit, 16-bit or 32-bit smart card microprocessor, making it an ideal Java Card microprocessor. The JSMART coprocessor is fully invisible to the smart card and only becomes active when executing Java Card application software. This leaves the native microprocessor’s instruction set architecture unaffected and capable of executing non-Java Card applications.

Kamdar explained that market adoption of Java Card is being driven by a desire for a universal development language, a universal runtime platform and the ability to run separate secure applications. Smart cards derive power from a smart card reader and the card itself has no capability for energy dissipation, making energy consumption and dissipation critical issues for smart card designs. The JSMART coprocessor addresses these critical issues by completing applications and transactions faster and more efficiently, which results in less energy consumed and dissipated.

“Our ability to scale the JSTAR technology to fit many applications and markets affirms the flexibility of our architecture,” said Mukesh Patel, CEO and co-founder of Nazomi. “We are confident that Java Card will become the de facto standard platform for smart cards. Our Java Card solution now offers an enhanced value proposition for manufacturers developing smart cards enabled with Java Card technology. Nazomi is fulfilling its strategy to be the dominant broad-based supplier of intermediate language and Java technology performance boosting technology to microprocessor and system on chip manufacturers who are targeting products from smart cards to Internet appliances.”

About JSTAR and JSMART Technology

Java software running in a JSTAR or JSMART technology enhanced system consistently executes ten times faster and consumes one thirtieth (1/30) of the energy of interpreter-only methods of Java bytecode execution, based on tests run in the exact same system with and without JSTAR technology enabled using industry standard benchmark tests and complex Java application software. The JSTAR technology bridges the gap between the stack-based Java runtime environment and register-based microprocessors using on-the-fly optimized interpretation. JSTAR technology enabled microprocessors do not require any additional system memory, and in fact reduces memory accesses while executing Java software. This results in greatly improved performance and reduced power consumption meaning users of JSTAR technology enhanced devices experience responsive and consistent performance and extended battery life.

The JSTAR Java coprocessor is fully compatible with all Java Platform standards and offers a low-cost and high-performance intermediate language processing solution targeted for the J2ME and PersonalJava Platforms. JSTAR technology is an advanced Java bytecode interpretation engine implemented in silicon that retrieves Java bytecode instructions from memory and interprets them on the fly into an optimum sequence of native CPU instructions that are fed directly to the CPU for immediate execution. In essence, a JSTAR technology enhanced microprocessor becomes bilingual. The JSTAR Java coprocessor handles 160 (or 70%) of the 227 Java bytecodes with the same efficiency as its own native CPU instructions. Consisting of synthesizable Verilog RTL Silicon Intellectual Property, a typical JSTAR implementation takes 30,000 logic gates. Any semiconductor foundry can implement its synthesizable design. In a 0.18-micron process, when the JSTAR Java coprocessor is active it consumes 180 uW/MHz at 1.5 volts. Customer deliverables include detailed implementation documentation, a verification suite, a J2ME CLDC reference implementation, and a software kernel that works with any Java VM.

The JSMART Java Card coprocessor is fully compatible with all Java Card standards and offers a low-cost and high-performance intermediate language processing solution targeted for the Java Card Platform. The JSMART Java coprocessor is a derivative of the JSTAR architecture handling 167 (or 86%) of the 195 Java Card bytecodes with the same efficiency as its own native CPU instructions. Consisting of synthesizable Verilog RTL Silicon Intellectual Property, a typical JSMART implementation takes 5,000 logic gates. Any semiconductor foundry can implement its synthesizable design. In a 0.18- micron process, when the JSMART Java coprocessor is active it consumes 30 uW/MHz at 1.5 volts. Customer deliverables include detailed implementation documentation, a verification suite, and a software kernel that works with any Java Card VM.

JSTAR technology was designed from the ground up with an overall system perspective in mind, resulting in the unique instruction path processing architecture for intermediate languages that offers fully transparent operation, allowing all existing application software, operating system software and other binaries to run as-is. The same transparency also applies to the use of application development tools and debuggers.

A JSTAR or JSMART technology enabled system significantly reduces overall system power consumption when running a Virtual Machine and does not require any additional system memory, which is in contrast to real-time compilation techniques used to achieve Virtual Machine and Java software acceleration that places heavy processing and power-drain burdens on the system while it compiles Java software. Compilation techniques expand Java software as much as tenfold and therefore require a large amount of memory to store the compiled code. An additional benefit of the JSTAR architecture is that its architecture scales to applications that range from JavaCard(TM) smart cards to servers, and its acceleration scales linearly with the microprocessor clock frequency.

JSTAR and JSMART technology integrate with any stand-alone microprocessor, microprocessor core embedded into a system on chip (SoC), or smart card microprocessor such as those from AMD, ARM, Hitachi, IBM, Infineon, Intel, MIPS, Motorola, National Semiconductor, NEC, Toshiba, and others.

About Nazomi Communications

Nazomi Communications, Inc. is a technology company focused on providing efficient universal and scalable intermediate language processing products. Nazomi’s flagship products include JSTAR and JSMART. JSTAR is specifically for the J2ME and PersonalJava Platforms, targeted at wireless mobile devices, Internet appliances and embedded applications. JSMART is specifically for Java Card technology targeted at smart cards. Nazomi was founded in September 1998 by two highly experienced Java technology veterans from Sun Microsystems. Nazomi is privately held and is located at 2200 Laurelwood Road, Santa Clara, California, 95054, phone: (408) 654-8988, fax: (408) 654-2938, web: http://www.nazomi.com, email: [email protected]

JSTAR and JSMART are trademarks of Nazomi Communications, Inc. Sun, Sun Microsystems, Java, PersonalJava, J2ME, and Java Card are trademarks or registered trademarks of Sun Microsystems, Inc. All other trademarks are the property of their respective owners.


In September 2000, INGENICO was
the first company to achieve EMV Level 1 approval for its full terminal range.
By earning the EMV Level 2 Approval for its countertop range on the 17th of
April 2001, INGENICO confirms once again its leadership in the development of
smart card systems and its commitment to EMVCo standards.

The EMV (Europay, Mastercard, Visa) standard ensures that smart cards and
smart card reading terminal work together to deliver global interoperability
and enhanced security.

“INGENICO’s EMV standards compliance is one of our strategic corporate
objectives,” explained Kazem AMINAEE, Marketing Director Groupe INGENICO. “The
EMVco approval once again demonstrates our expertise in secure payment systems
and we are pleased to report that the EMV Level 2 approval will be easily
extended to Ingenico’s portable and mobile range of EFT POS terminals as well
as Ingenico’s new and innovative offerings for retailers with integrated
payment. As part of our EMV migration program,” added Kazem Aminaee, “Ingenico
is providing consulting and implementation services performed by our
professional services team.”

To be EMV level 2 certified, INGENICO developed a library of
applications, which enables a banking or payment application to be quickly
developed and be EMV 2 certified. The smart card interface and transaction
flow are handled by the library, avoiding any misinterpretation of the EMV
standards during customization. All INGENICO terminals are based on the
INGENICO UNICAPT(TM) architecture, which guarantees physical and logical
security while enabling complete application portability across Ingenico’s
range of EFT POS terminals.

INGENICO has an installed base of 3 millions terminals, most of which
have integrated smart card readers. Many countries have decided to increase
their level of electronic transaction security through the use of smart cards
and the adoption of EMV standards, which INGENICO is well placed to address.
Today, INGENICO is technically and organizationally ready to meet all
international and national markets needs through its substantial global sales
and service network. INGENICO is positioned to build upon its world-wide
leadership in secure payment systems and has created the largest EMV expert
team in the payment industry for both the physical and virtual world-wide

On May 7, 2001, Visa U.S.A. announced an initiative to begin building a
smart card acceptance infrastructure in the U.S. Ingenico is one of three EFT
POS terminal vendors that is participating in this initiative to ensure
wide and global interoperability.

About EMV

The company EMVCo was formed in February 1999. EMVCo will maintain and
enhance the EMV specifications in the most profitable way for the financial
institutions. A comprehensive terminal type approval process was published to
increase the common test area amongst the three founders of the company.
The terminal level 1 or Interface Module (IFM) is that part of the
terminal that deals with the mechanical, logical and protocol interface of the
card and the terminal. The EMVCo terminal level 2 covers the debit/credit

payment Application Kernel. EMVCo accredits laboratories, which will deliver
the test services to the vendor community. The resulting EMVCo letter of
approval for level 1 and level 2 will open doors for vendors who intent to
gain a EMV market share.

About Groupe INGENICO

The Ingenico group is the No. 1 world supplier of secure transaction
systems. It designs and produces terminals and systems for electronic trade,
and their associated software. It has invested heavily in R&D to achieve
technological advances in both hardware and software, which have greatly
contributed to standard-setting in the trade.
Ingenico adapted quickly to other markets evolving in very different
environments. Today, the group is mobilising its know-how to diversify into
emerging markets such as all forms of electronic & mobile commerce.
Ingenico’s growth is accelerated by a policy of making acquisitions and
strategic alliances that has provided it with a strong presence on the five

The company is now 1200 persons strong and is diversifying into emerging
applications, focusing mainly on “B2B” and “B2C” (business-to-business and
business-to-customer) e-commerce and on Internet services.
In 2000, group turnover rose to 235 million Euros, which represents
growth of 30% compared with 1999.

Having sold more than 3,000,000 terminals to date in 40 countries,
Ingenico group is the second leading manufacturer of terminals, all types
considered, and the first for terminals able to handle smart cards.


Wireless Ventures, Inc. announced that it has signed a Letter of Intent to
acquire 4Cash a division of IRMG Inc. an Ontario Company located in Markham,
Ontario. As consideration for all of the interest in 4Cash, WLSV shall
issue to
IRMG Inc., 10 million common shares and 1.1 million five-year warrants to
Cussons to purchase WLSV common shares at an exercise price of $0.10 per

Subject to the achievement of certain net profit objectives, IRMG shall also
have the right to earn an additional 10 million common shares and 5 million
three years warrants. Upon Closing, WLSV shall enter into a three-year
management services agreement with IRMG for the management of the company.
Closing is subject to certain conditions precedent including but not
limited to
satisfactory due diligence, Board of Director approvals, and the execution of
final documentation. Upon Closing, Mr. Steve Cussons shall be appointed
President, CEO and a director of WLSV. Mr. Paul K. Hickey, interim Chairman
C.E.O. shall resign as an Officer and Director upon the Closing.

4Cash is involved in the marketing and management of automated teller machines
(ATMs) and related services in Canada and the United States. 4Cash is in the
final stages of signing a material contract to own and operate automated cash
machines and kiosks to be placed in high profile locations throughout North
America. In addition, IRMG management has identified a number of additional
opportunities to increase the number of ATMs under management by new marketing
agreements or acquisition. Through these efforts, management expects that the
company will have positive sales growth and earnings by the end of the current
year. IRMG management has extensive experience in the North American ATM

Mr. Paul Hickey, Chairman and CEO of WLSV, stated, “The proposed business
growth opportunity for the company in the ATM business in Canada and the
States is significant. Mr. Cussons has an in depth understanding of the
changing dynamics of this market and the potential opportunities through his
contacts should be able to make a significant contribution to the profitable
growth of the company. The company expects to generate revenues within a
reasonable period of signing the definitive agreements with 4Cash and IRMG
Inc.” Mr. Steve Cussons, President of IRMG Inc., stated, “The opportunity for
Wireless Ventures Inc. to enter into this exciting industry will assuredly
prove to be a very positive decision. IRMG Inc. is confident of its ability to
deliver the kind of results shareholders expect and the industry deserves.”

Wireless Ventures, Inc. is a Delaware corporation whose shares are quoted on
the NASD’s Over-The-Counter Bulletin Board.
4Cash is a division of a privately held Ontario company, IRMG Inc.

P-Card Study

A study conducted by a team of academic researchers has projected that purchasing card spending will double over the next two years, elevating the p-card market size from approximately $40 billion to $80 billion. The bulk of the projected spending increases will be driven by traditional purchasing card acquisitions of maintenance, repair, and operating items, computer equipment, and office supplies. However, significant percentage increases are expected in non-traditional card purchases of direct materials inventory, capital goods, and temporary services. The study found that the average savings per purchase transaction with the use of purchase card relative to a traditional purchase order is about $68. Many organizations also reported over 40% reduction in the MRO supplier base and over 80% reduction in the number of petty cash accounts with the use of purchasing cards. The study was conducted by Richard Palmer from Eastern Illinois University, Mahendra Gupta from Washington University, and Antonio Davila from Stanford University.

BizPay Beta Test

ConSyGen Inc announced that principal development of their BizPay payment software has been completed. Beta testing with select merchants and consumers is scheduled to begin on June 15th, 2001. ConSyGen has recently announced partnerships with EarthLink, a top-tier Internet Service Provider and Cardservice International, Inc., ConSyGen’s preferred Merchant Bankcard Service Provider. This group will deploy the “Pay for Play” payment software to merchants and consumers.

Assuming the Beta test and live launch are on time, the company is projecting revenues for the first 6 months of BizPay(TM) operations at approximately $9.5 million. This number is based on usage projections of an average of 528,000 transactions per month over the 6-month period, with an average ticket price of $25.00 per transaction, in the first 6 months of operation only. The company used a basis of 5% of EarthLink’s consumer base and 10% of their merchant base as “active” to formulate their projections, accounting only for nominal growth over this time frame. “Active” is defined as having placed a single order, with an average ticket price of $25.00, within a calendar month.

Lewis Burridge, ConSyGen’s CEO and President said, “We are being as conservative as possible with these projections, which were developed with our partners and then reduced by 50%. These projections show only moderate growth rates and with the pre-demand for the BizPay(TM) solution that we’ve seen to this point, we expect that the revenue can only get better.”

John D. Roskelley, ConSyGen’s Vice-President of Research & Development said, “The EarthLink version of the software is on schedule. With the implementation of new testing processes and methodologies, we expect a very minimal QA and testing period. We’re very excited to be heading into Beta and are very confident we will meet the projected launch date.”

The BizPay(TM) solution provides credit card processing to merchants without all of the monthly fees charged by traditional credit card processors. The merchant’s rate, per transaction, is slightly higher than the rates charged for traditional merchant services, but for the merchant that does under $1,500 per month in credit card sales, which is the BizPay target market, the BizPay solution is the most cost effective service available.

Jason Genet, ConSyGen’s Executive Vice-President and COO said, “We have developed a business model targeting an entire group of merchants not currently being serviced by traditional merchant service providers.” Genet went on to say, “The relationships we’ve struck with major processors allows us to migrate merchants, who exceed the $1,500 per month volume threshold, into traditional merchant products, staying in the revenue stream for the entire lifecycle of the merchant, with zero disruption in service to the merchant. Combine that business model with real-time fraud protection for both buyer and seller, no credit card information being passed over the Internet, easy checkout from the shopping cart, and real-time web-enabled reporting makes this product like no other product on the market today, solidifying our competitive advantage and strategic position.”


BizPay USA, Inc. is a wholly owned subsidiary of ConSyGen, Inc. (CSGI), and was formed for the purpose of launching CSGI’s consumer to business (C2B) payment system BizPay(TM). The technology for BizPay(TM) was developed by CSGI and has been granted exclusive license for its use. BizPay(TM) will enable consumers to make online purchases in a safe and secure manner without the need to ever provide their credit card information over the Internet again. Providing customers with a tool to participate in e-commerce in the most secure manner possible will be an enormous boost to e-commerce; it will make online merchant acceptance of BizPay(TM) highly desirable.


Established in 1996 as a high technology software development and R&D company, ConSyGen, Inc. has focused its business on providing innovative and superior commerce solutions worldwide. The primary CSGI product lineup includes the Counterfeit Cop(TM) and BizPay(TM).

Websites: [www.consygen.com][1] [www.bizpayusa.com][2] [www.counterfeitcop.com][3]

[1]: http://www.consygen.com
[2]: http://www.bizpayusa.com
[3]: http://www.counterfeitcop.com


In a move designed to give its member financial institutions a strategic
advantage, MasterCard International announced that it has made it possible for
its members to issue MasterCard-, Maestro-, and Cirrus-branded smart cards on
the JavaCard platform. With this move, MasterCard is actively supporting
MULTOS, JavaCard and all major proprietary platforms. In addition, MasterCard
is prepared to support Microsoft’s Windows Powered Smart Cards, based on
demand. Today’s announcement represents a key success for MasterCard’s smart
card program, a comprehensive, global solution for moving today’s magnetic
stripe payment cards to chip technology.
By delivering its flagship M/Chip(TM) family of credit/debit applications on
all platforms, MasterCard is responding to the growing desire of its
members to
have maximum flexibility when initiating smart card programs of their own.
“MasterCard actively supports all smart card platforms, freeing our members to
focus on business issues, rather than technology issues when making decisions
regarding their payment programs,” said Art Kranzley, senior vice president,
Global e-Business, MasterCard International. “We understand that some members
want flexibility when it comes to the smart-card platform. We invite other
major players in the global payments industry to join us in our decision to
actively support all technology platform choices available today.”
At the same time, MasterCard continues to stress its strong support for the
MULTOS platform, which remains the company’s preferred operating system for
multiapplication smart cards. “We remain 100% committed to MULTOS as
MasterCard’s preferred smart card operating system because it represents a
totally open, cost-effective, highly secure solution for multiapplication
cards,” said Kranzley. “In fact, today, MULTOS is more open than ever. New
members are joining the MULTOS consortium, pricing has been greatly
and a new policy allows card issuers to build their own facility (i.e., a
Certificate Authority) to authorize application loading and deletion. These
changes respond directly to our members’ business needs.”
Today’s news also reflects growing demand for MasterCard’s M/Chip credit/debit
applications, which in a single software package allows banks to issue
EMV-compliant MasterCard(R)-, Maestro(R)-, and Cirrus(R)-branded smart cards.
To date, M/Chip has been adopted in 24 countries, on 4 continents, and
MasterCard has commitments from members in another 20 countries.
In addition to MULTOS, M/Chip has already been placed on proprietary platforms
from Bull, Giesecke & Devrient (G&D), Gemplus, Oberthur, and Schlumberger.
MasterCard, working with Gemplus, Oberthur and Schlumberger, now offers M/Chip
on JavaCard. In addition, MasterCard has completed the preliminary analysis to
have M/Chip reside on the Windows Powered Smart Cards platform and has applied
for an application developer’s license from Microsoft. M/Chip will be made
available on the Windows Powered Smart Card Platform, pending final security
review and member demand for such services.

“We are pleased with the growth of smart cards around the world,” said Adam
Gluck, vice president of M/Chip product management, MasterCard International.
“Five years ago, there was little interest in payments on smart cards. Today,
the EMV standard is taking off. Now that M/Chip is available on MULTOS,
JavaCard, and a significant number of proprietary operating systems, the
industry is poised for explosive growth.”

MasterCard’s current platform strategy can be summarized as follows

MULTOS – The MULTOS platform remains MasterCard’s preferred operating system
for multiapplication smart cards. MULTOS is the most robust, flexible and
secure smart card platform in the market today. It is the only operating
for smart cards to have been certified with the prestigious ITSEC Level E6
security rating, the highest available. MULTOS is a totally open platform,
which enables a number of different, independently functioning services to be
held on a single card simultaneously. To date, more than 6 million smart cards
have been issued on the MULTOS platform, and more than 75 issuers are now
committed to issuing 20 million additional MULTOS smart cards. More than 70
companies currently supply MULTOS-related products and services.
Control of the MULTOS specification is contractually vested with the
members of
the MULTOS Consortium, consisting of 13 of the industry’s leading suppliers
card associations, who are working to drive the adoption of MULTOS as an open
industry standard for smart cards across all business sectors.
JavaCard – MasterCard has worked with Gemplus, Oberthur and Schlumberger to
port the M/Chip Lite credit/debit application to the JavaCard platform, which
has received broad industry support worldwide. The applications are available
now and allow MasterCard members to issue MasterCard(R), Maestro(R) or
Cirrus(R) cards on the JavaCard platform.
Windows Powered Smart Cards – MasterCard has applied for an application
developer’s license to be ready to place M/Chip on Microsoft’s Windows for
Smart Cards platform, pending final security review and member request for

Proprietary Platforms – MasterCard has worked with members to place M/Chip
on a
variety of proprietary platforms from Bull, G&D, Gemplus, Oberthur, and

MasterCard International is a leader in global e-business. The association is
focused on providing its member financial institutions with customized,
meaningful global e-business solutions that connect them to customers in both
the online and offline worlds. Through its investment in industry innovation,
participation in standards development and business alliances, MasterCard is
staying in the forefront of technology integration to enable anytime, anywhere
payments across multiple channels and various devices. MasterCard’s global
e-business solutions include Internet security, smart cards, mobile
commerce/wireless, e-wallets, business to business electronic commerce, and
numerous emerging technologies.

About MasterCard International

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(R) advertising campaign is now
seen in 81 countries and in more than 36 languages, giving the MasterCard
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. MasterCard can be reached through its World Wide Web site at


Baltimore Technologies announced that the Ministry of the Interior, in
cooperation with Getronics Italy, have chosen Baltimore UniCERT, the award
winning PKI (Public Key Infrastructure) system, to issue and manage digital
certificates as part of the Government’s plans to issue Electronic Identity
cards to all Italian citizens over a five year period.
The first 100,000 cards will be issued by June 2001 and a further one million
cards will be issued by the first Quarter of 2002. It’s estimated that over 60
million new cards containing digital certificates will be issued over the
period of the project.

Using Baltimore’s e-security products, the Ministry of the Interior will issue
electronic ID cards containing a digital certificate, to Italian citizens to
enable secure, authenticated electronic communication. This security
infrastructure will allow Italian Public Authorities and Private Service
Providers to communicate electronically with the general public and deliver
e-Government services, achieving cost savings and efficiency improvements by
reducing the overheads and time associated with current paper-based systems.
In addition, the adoption of Baltimore e-security will be used to improve
communication internally, accelerating the processing and administration of
Government proceedings in a trusted and secure electronic manner. Baltimore
TrustedWorld partner Getronics, a leading systems integrator, will be
responsible for the integration and implementation of the Ministry of the
Interior’s PKI system.

According to Maurizio Bruschi, the Head of the Identity Card Project of the
Ministry of the Interior, “Ours is the first project in the world which
substitutes the conventional identity card and contains the individual’s tax
code and identity details, issued on-line from front offices (Town Halls).
After an extensive examination of providers, we have chosen the security
solutions of Baltimore Technologies as they fulfill all our e-security
requirements. Such technology will greatly enhance our e-services and will
provide the essential security foundation which the Italian Public
Administration requires for building trusted e-services.”

According to Oronzo Berlen responsible for eSecurity Infrastructures, part of
Network Integration and Security Practice at Getronics Italy, “Our partnership
with Baltimore Technologies provides the essential security foundation to
develop Italian Government trusted services. The Italian IdCard project
confirms Getronics’ leadership in providing System Integration services
covering all aspects of security management in eBusiness, and delivering an
important foundation to build trusted e-services both for the Public
Authorities and the Private Sector.”

According to Pietro Riva, Business Development Manager, Baltimore Technologies
in Italy, “The Public Sector has always been a very strong and strategic
for Baltimore. This win underlines our capability to design and provide
scalable and innovative electronic security solutions for Governments

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, access control and authorisation
solutions, content security (MIMEsweeper) products, wireless e-security
solutions, cryptographic tool-kits, security applications and hardware
cryptographic devices. Baltimore’s global professional services organisation
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. Baltimore
TrustedWorld includes many of the world’s leading technology companies and a
wide variety of global, regional and local business alliance partners.
Baltimore Technologies plc is a public company with dual listings on NASDAQ
(BALT) and the London Stock Exchange (BLM).
For further information and press releases on Baltimore Technologies, please
visit www.baltimore.com.

About Getronics

Getronics is one of the world’s leading providers of solutions and services to
professional users of Information and Communication Technology (ICT). With
29,000 employees in 36 countries, Getronics works with many of the world’s
largest companies to help them maximise the value of their technology
Getronics headquarters is in Amsterdam, with regional head offices in Boston,
Singapore and Washington DC. Getronics shares are traded on the Amsterdam
Exchange (‘GTN’). Further information about Getronics and its solutions and
services can be found at www.getronics.com.

ECC for Smart Cards

First Data Corp., a leader in electronic commerce and payment services, and Certicom,, a leading provider of mobile e-business security, announced a strategic licensing agreement. First Data licensed Certicom’s leading elliptic curve cryptography and plans to incorporate the highly efficient technology in a number of areas including smart cards.

Certicom’s ECC technology is ideally suited for securing the new generation of small devices that are limited by low processing speed, network bandwidth, and battery power. Using ECC, digital signatures can be performed on small devices such as smart cards without the additional cost of a cryptographic co-processor found with other systems. The small key sizes and short signature lengths provided with ECC can lead to significant reduction in data storage required to support processing large volumes of transactions.

![][1] “There is an ever-increasing need for strong and efficient tools to protect consumer privacy and insure the integrity of financial transactions,” said Gene Kathol, vice president for First Data Corp. “Our selection of Certicom and their strong cryptographic tools further enables application of digital signatures and encryption into our products to help us continue to provide secure and efficient products for our customers.”

“Certicom has been collaborating with First Data on digital signature technology for years, beginning with our mutual involvement in financial industry standards,” said Richard Depew, executive vice president of Certicom. “We are very pleased to take this important step with First Data towards enabling the market with efficient signature systems that meet the business case for wide scale deployment.”

About First Data Corp.

First Data Corp. (NYSE: FDC), with global headquarters in Denver, powers the global economy. As the leader in electronic commerce and payment services, First Data serves approximately 2.5 million merchant locations, 1,400 card issuers and millions of consumers, making it easier, faster and more secure for people and businesses to buy goods and services using virtually any form of payment. With more than 27,000 employees worldwide, the company provides credit, debit, smart card and stored-value card issuing and merchant transaction processing services; Internet commerce solutions; Western Union(R) money transfers and money orders; and check processing and verification services throughout the United States, United Kingdom, Australia, Canada, Mexico, Spain and Germany. Its money transfer agent network includes approximately 104,000 locations in more than 186 countries and territories. For more information, please visit the company’s Web site at [www.firstdata.com][2].

About Certicom

Certicom is a leading provider of information security software and services, specializing in solutions for mobile e-business. The company’s products and services are specifically designed to address the challenges imposed by a wireless data environment. Certicom’s solutions incorporate its efficient encryption technology and are based on industry standards for information security that utilize public key cryptography. Certicom’s products are currently licensed to more than 150 customers including Cisco Systems, Inc., Handspring Inc., Motorola, Inc., Nortel Networks, Openwave Systems, Inc., Palm, Inc., QUALCOMM, Inc., Research In Motion Ltd. and Sony International (Europe) GmbH. Certicom’s headquarters and worldwide sales and marketing operations are based in the Silicon Valley in Hayward. For more information, visit Certicom’s Web site at [http://www.certicom.com][3].

[1]: /graphic/certicom/certicom.gif
[2]: http://www.firstdata.com/
[3]: http://www.certicom.com/