QualTeq Deal

NJ-based QualTeq will license its patented “Foil Card” technology to Travel Tags/Xtreme Graphics. Travel Tags, based in Inver Grove Heights, MN, specializes in plastic printing using digital, silkscreen and UV lithography printing processes with a product line including membership cards, phone cards, identification cards, loyalty cards, gift cards and more. The company is part of the Taylor Corporation, an international corporation of more than 85 individual companies providing innovative solutions through printing, manufacturing, designing, distributing and e-commerce. QualTeq has also licensed its “Foil Card” technology to Plastag Corporation, Schlumberger, Versatile Card Technology, and CPI Card Group.

SchlumbergerSema 3Q/02

SchlumbergerSema reported that operating revenue of $896 million in the third quarter increased 6% year-on-year and 5% sequentially despite the weak IT spending environment. Pretax operating income of $20 million, before charges, declined 8% year-on-year but doubled sequentially due to continuous cost-containment efforts and improved margins in the UK GeoMarket. However, prices continued to weaken. To adapt to the slower growth environment, the cost reduction program continued during the quarter resulting in a pretax operating charge of $16 million ($12 million after tax) for employee severance costs. Volume products revenue of $210 million experienced strong year-on-year and sequential growth of 10% and 5% respectively. This improvement reflected an all-time record volume of mobilecom cards, higher demand in the banking card segment, and sustained activity in banking and parking terminals. Pretax operating income of $9 million improved 42% sequentially, mainly attributable to better productivity in smart cards and terminals. For complete details on SchlumbergerSema’s third quarter performance visit CardData ([www.carddata.com][1]).

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

XI-SIGN & CONNEXUS

Sevres-based XIRING announced a strategic partnership with
Caradas. As part of the joint sales, marketing and distribution agreement,
Caradas will integrate its “Connexus” authentication platform with XIRING’s
range of smart card readers, providing a suite of authentication
solutions. Initially, Caradas will integrate its “Connexus Platform” with
XIRING’s “Xi-Sign” cardholder authentication solution to support
MasterCard’s “SecureCode” initiative.

Parking Payments

Off-street beachfront and marina parking in Los Angeles County has gone high tech with the deployment of SchlumbergerSema solar powered parking payment terminals. Under the SchlumbergerSema solution, the motorist will be able to pay for parking using coin, currency and credit cards. replacing lot attendants and the unsecured honor boxes. A motorist who wishes to park in a beach lot will be able to purchase a ticket from a SchlumbergerSema unit located in the lot and display the ticket behind their windshield. To access a marina lot, the motorist will pay at the gated unit, providing them access to marina parking. Since the parking terminals have wireless communication capabilities, they are able to transmit every payment event to the SchlumbergerSema centrally managed “Parkfolio IT” platform, which then processes the data and redirects the relevant information back to LA County, in real time. This data management feature offers the county the ability to monitor the status of their equipment via the Web on a twenty-four-by-seven basis. SchlumbergerSema has an installed base of more than 5,000 units controlling approximately 150,000 spaces in cities across the United States and Canada.

Magic Evolution

SchlumbergerSema this week rolled out its “MagIC Evolution” POS terminals which extend the “MagIC” to support future e-payment programs. A dedicated e-payment application specific integrated circuit supports complex smart card-fuelled transactions, while up to 8MB of memory with firewall hardware ensures that payment and value-added service applications can co-exist securely. The “MagIC Evolution” platform includes the compact and mobile “MagIC X1000.” The new line also includes a GSM/GPRS version; the countertop “MagIC 6100” terminal with external PINPad; and the new compact, countertop “MagIC 5100” terminal with integrated PINPad. SchlumbergerSema has an installed base of 600,000 “MagIC” terminals worldwide. To date, SchlumbergerSema “MagIC POS” terminals are certified by FDMS Nashville, Vital Processing, NOVA, Paymentech, GPS MAPP, GPS NDC and FDR Omaha.

CARDLINK CONTRACT

Beijing-based China Construction Bank has awarded SchlumbergerSema a multi-million dollar contract for its “CardLinK” licensed systems and integrated services. The project is expected to be completed within the next few months, enabling CCB to launch its international credit card services by the end of this year. SchlumbergerSema says China’s 1.2 billion population and growing Gross Domestic Products of more than US$1 trillion creates a huge card market potential as it currently has less than one million true credit cards in use. The company has over 200 payment systems clients around the world and more than 100 of them are in Asia Pacific. SchlumbergerSema estimates that over 70% of cards in Hong Kong, Malaysia, Singapore, Taiwan and Thailand are processed using its modular solutions, which enable card-issuing/acquiring institutions to begin with basic systems of core modules that grow with their business needs. CCB has more than 20,000 branches across China.

CYBERFLEX JAVACARD EAL4

SchlumbergerSema’s “Cyberflex JavaCard” has been awarded the “Common Criteria EAL4+ Certificate” by the French Direction Centrale de la Sécurité de Systèmes d’Informations. The unique security features offered by the “Cyberflex 32K” card make it the first “JavaCard” product to receive accreditation for its operating system and applet, as well as its chip. SchlumbergerSema is the only “JavaCard” manufacturer to claim the integrated “Digital Signature Applet” as part of the entire certified product in compliance with the mandatory European CEN Protection Profile. The “Common Criteria EAL4+ Certificate” is a recognized security assessment standard that is complementary to the US FIPS certificate. SchlumbergerSema has already delivered one million of its “Cyberflex Access FIPS 140-1 Level 2” cards for worldwide deployment by the U.S. Department of Defense.

Hypercom Nabs Duprat

Hypercom has hired Eric Duprat, formerly of VeriFone and Schlumberger, as VP/Marketing and Business Development for the company’s Transaction System Group. Prior to joining Hypercom, he held executive marketing positions with VeriFone, Inc., Schlumberger Technologies and Polaroid Corporation’s electronic identification division.

BANKSYS LOYALTY

US-based Catuity has signed an agreement with Toronto-based KESM Transaction Solutions to be the exclusive provider of the loyalty application for Belgium-based Banksys terminals. The Banksys “C-ZAM/Smash” terminal is distributed in North America by BNA Smart Payment Systems, for which KESM also provides certified credit/debit applications. The Catuity loyalty application is expected to be installed along with payments on the multi-application terminal. KESM will act as the ASP, loading the Catuity loyalty application for deployment. Transactions and end of day reconciliation are performed with access to the Catuity loyalty application running on the KESM secure server. It marks the first such agreement for the Catuity application to be hosted by an Application Service Provider.

Usimera Card Deal

SchlumbergerSema has signed a contract with Hutchison 3G UK Limited to supply USIM smart cards and provide training and support. The contract calls for SchlumbergerSema to deliver its “Usimera” cards to Hutchison 3G UK, as well as Hutchison Whampoa’s other 3G operations around the world. In May, Hutchison 3G awarded SchlumbergerSema a separate contract to provide consulting and project management expertise for the deployment of Hutchison 3G’s security platform. The 3G standard (agreed throughout Europe, Japan, China, and the rest of Asia) is formally known as UMTS (Universal Mobile Telecommunications System). It represents a global standard for third generation communication systems and is at the heart of the Hutchison 3G initiative. Hutchison Whampoa Limited holds a 65% stake in Hutchison 3G, the other major shareholders are NTT DoCoMo (20%) KPN Mobile (15%).

USIM SMART CARDS

SchlumbergerSema has signed a contract with Hutchison 3G UK Limited to supply USIM smart cards and provide training and support. The contract calls for SchlumbergerSema to deliver its “Usimera” cards to Hutchison 3G UK, as well as Hutchison Whampoa’s other 3G operations around the world. In May, Hutchison 3G awarded SchlumbergerSema a separate contract to provide consulting and project management expertise for the deployment of Hutchison 3G’s security platform. The 3G standard (agreed throughout Europe, Japan, China, and the rest of Asia) is formally known as UMTS (Universal Mobile Telecommunications System). It represents a global standard for third generation communication systems and is at the heart of the Hutchison 3G initiative. Hutchison Whampoa Limited holds a 65% stake in Hutchison 3G, the other major shareholders are NTT DoCoMo (20%) KPN Mobile (15%).