Level Four and Polaris Software Team

ATM software provider Level Four has established a new global
partnership with Polaris Software Lab Limited to offer a complete
end-to-end outsourced testing solution. Customers who deploy
BRIDGE:test as part of an outsourcing strategy with
Polaris can achieve an optimal balance of cost and control as well as
greater overall efficiency. Testing phases are shorter through a greater
degree of automation and tests will be executed by testing professionals
with specific ATM sector knowledge, according to a specially developed
methodology by Polaris. Level Four’s BRIDGE suite of open standards ATM
software products has
been developed to address the needs of ATM deployers seeking to maximize
their investment in the ATM channel.

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PAYROLL CARD

Mint Technology has signed a contract with Transguard Group to manage a
prepaid payroll card for Transguard’s migrant workforce.
The contract engages Mint to manage 15,000 payroll cards issued to
Transguard’s core employee group. The payroll cards will also include a money transfer function
that can be accessed from employees’ mobile phones, providing workers
with an inexpensive money transfer function as an alternative to global currency
companies. Transguard is a wholly owned subsidiary of
Emirates Group, one of the largest employers of foreign labor in the United
Arab Emirates. Additionally, Mint is in advanced negotiations to roll out similar
programs with three other employer groups in the UAE.

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Radiant Signs Back Yard Burgers

MS-based Back Yard Burgers has selected Atlanta-based Radiant Systems’
POS hardware and software solution for 250 locations. Back Yard Burgers
plans to install new “P1220” POS
hardware terminals, Radiant kitchen video displays, Aloha QuickService
POS software, Aloha Configuration Center database management
application, MenuLink.Net back office application and Aloha Command
Center platform in 250 Back Yard Burgers locations. MenuLink.Net and the
Aloha software easily integrate – creating an end-to-end technology
solution that will streamline store operations from the front of house
to the back of house to corporate headquarters.

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SEPT INDEX

The Conference Board announced that the leading index declined 1.1%, and
the coincident index increased 0.1% in September. The leading index
fell sharply in September, and the index has been declining for more
than a year now. Most of the components contributed negatively to the
index this month, notably order book volume, the volume of expected
output, and stock prices. The six-month rate of change for the index
fell to – 4.7% for the period ending in September, from – 1.8% for the
previous six-month period. The leading index remains on a general
downtrend that began in the middle of 2007, and the rate of this decline
has continued to accelerate. The leading index is now 6.8% below its
most recent high reached in June 2007. The coincident index increased
slightly in September, and index levels were revised downward for the
past two months as new employment data became available. The coincident
index increased 0.1% between March and September 2008, well below the
0.8% growth over the previous six months, and the weaknesses have been
balanced with the strengths in recent months. At the same time, real GDP
contracted at a 2.1% annual rate in the third quarter of 2008, sharply
below the average annual increase of 0.5% during the first half of the year
The positive contributor was productivity for the whole economy. The
negative contributors – from the largest negative contributor to the
smallest – were order book volume, volume of expected output, stock
prices, consumer confidence, and the yield spread. Gross operating
surplus of corporations remained unchanged in
September.

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Moneris Solutions Inks Cynergy Data

IL-based Moneris Solutions has signed
a multi-year agreement to provide bank sponsorship and settlement
services to ISO Cynergy Data. Under the terms of the agreement, Moneris
Solutions will provide bank
sponsorship through Harris N.A. and process all VISA, MasterCard and
Discover Card transactions for Cynergy Data. Founded in 1995, New York
City based Cynergy Data currently provides payment processing services
to more than 90,000 businesses and processes more than $15 billion in
credit, debit, check conversion and other payment transactions annually.
Moneris Solutions is one of North America’s largest payment processors.
A joint venture between Royal Bank of Canada and Bank of Montreal, which
combined have assets in excess of $700 billion, Moneris Solutions
provides payment processing products and services to more than 350,000
North American merchants and processes more than 2 billion payment
transactions annually.

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VALIDCARD

Validus and electronics manufacturer IMI have entered into a
comprehensive manufacturing agreement to offer “The VALIDcard”, a
powered card offering fully self-contained biometric authentication
within a card form factor. The “VALIDcard” is positioned to
target e-commerce (cardholder-not-present transactions), online banking, health
care,physical and logical access, border control, government and civilian
identification, airport security, online brokerages and IT security.The “VALIDcard”
provides advanced biometric authentication to mitigate identity theft, credit card fraud and abuse worldwide. Validus
owns issued patents that cover a wide range of
product offerings in the powered card industry; the main powered card
offerings covered are biometric, PIN entry and push button
authentication with OTP communication via display, Smart Card or RFID.

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RFID Market to Produce a 15% CAGR till 2013

The worldwide RFID market is expected to experience a 15% CAGR from 2008 through 2013. Traditionally applications with single-digit and low-double digit five-year CAGRs continue to dominate current and near-term RFID market revenue share. ABI Research says the current market is $5.3 billion but may hit $9.8 billion by 2013. It is still too early to tell what impact the state of the global economy will have on the RFID market. Investments are still being made in RFID companies, consolidation continues, and contracts are being awarded.

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NFC FORUM BOARD

The NFC Forum has selected a new Chairman, Koichi Tagawa, GM of the
Global Standards and Industry Relations Department of the FeliCa
business at Sony Corporation and Vice Chairman, Simon Pugh, Group
Head, Center of Excellence for Mobile for MasterCard Worldwide’s
Advanced Payments group. Tagawa has been involved in promoting the
adoption and
standardization of NFC technology since 2002. He actively contributed to the
founding of the NFC Forum, and formerly served as founding Vice Chairman
of the organization. Pugh is responsible for developing and executing
MasterCard’s strategy for mobile commerce and works as a
liaison with strategic business partners to promote the development of
programs to
support MasterCard’s advanced payments initiatives. Tagawa and Pugh
join Vice Chairman Gerhard
Romen of Nokia and Secretary and Treasurer Martin Buhrlen of NXP as
Board officers. The Forum’s mission is to advance the use of Near Field
Communication technology by developing specifications, ensuring
interoperability among
devices and services, and educating the market about NFC technology.

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Cardtronics Third Quarter Revenues Rise 15%

Houston-based Cardtronics posted revenues of $127.3 million, up 15%
from 3Q/07. Of the 15% year-over-year increase in revenues,
approximately half of that amount, or 7.5%, was attributable to organic
growth, with the remaining amount being attributable to the 7-Eleven ATM
Transaction. EBITDA rose 20% to $22.1 million. During the quarter the
average number of transacting ATMs increased by 11%; total transactions
increased by 26%; total cash withdrawal transactions increased by 19%;
and cash withdrawal transactions per ATM per month increased by 7%. At
the end of the quarter the Company was processing transactions for over
25,500 ATMs. Cardtronics also reported continued expansion of its
“Allpoint Network,” including the addition to the network of 5,700+ ATMs
located in 7-Eleven, Inc. convenience stores throughout the U.S. and
2,500 of our ATMs located throughout the United Kingdom. The Company is
now expecting revenues between $490 million and $495 million for this
year. For complete details on Cardtronic’s third quarter performance
visit CardData ([www.carddata.com](http://www.carddata.com)).

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Global Cash Access Revenue Rises 19% in 3Q/08

Global Cash Access reported that revenues rose 19% to $185.1 million in the third quarter. The growth was driven by the acquisitions of Certegy Gaming Services in April and Cash Systems in August. EBITA also rose 19% to $26.1 million. Recently GCA added 20 international casinos including 11 properties in the Czech Republic. During the third quarter GCA signed nine new U.S. casinos including Casino Queen in East St. Louis, Illinois; San Pablo Casino in San Pablo, California; as well as seven locations for Oneida Casino in Green Bay, Wisconsin. The Company says it expects full-year revenues in 2008 to be between $670 and $673 million. For complete details on GCA’s latest performance visit CardData ([www.carddata.com](http://www.carddata.com)).

GCA REVENUE HISTORICAL
3Q/07: $155.8 million
4Q/07: $144.0 million
1Q/08: $148.7 million
2Q/08: $151.5 million
3Q/08: $185.1 million
Source: CardData (www.carddata.com)

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Visa and the Los Angeles Metro Partner

Visa is working with the Los Angeles Metro system to offer
special Visa “payWave” cards that incorporate the transit system’s
“TAP” fare application. These dual-use, prepaid Visa cards will let
riders pay their fares and purchase fare products using their Visa
account, while also allowing cardholders to make purchases anywhere Visa
debit is accepted. Two types of cards will be available through the
pilot, the Ride, pay and reload cards that are sold through automated
ReadySTATION kiosks within the LA Metro system will be active and ready
to use immediately for both transit fares and Visa purchases everywhere
Visa debit is accepted. Riders will be able to add up to $500 in value
at the kiosks and Ride, pay, reload and ATM cash access personalized
cards with a maximum value limit of $10,000
ordered online or over the phone. Beyond a larger value limit the
personalized cards have the added feature of a Personal Identification
Number (PIN) for obtaining cash at ATMs. It will also function as a
standard Visa prepaid card for purchases outside the transit system. In
addition, cardholders will be eligible for free direct deposit of their
paychecks directly to the Visa prepaid card account, providing added
convenience and security over payment alternatives like checks and cash,
for those riders without traditional banking relationships.

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SaaS StickyStreet Gift Cards Launched

SaaS StickyStreet, a user-friendly online service that helps small
business and franchise owners with the creation and administration of
gift card and loyalty campaigns has been launched. StickyStreet is
completely web-based, hardware-free, and doesn’t charge transaction
fees. The structure of the service allows companies to mix-and-match an
unlimited number of campaigns to fit their unique needs. Companies
aren’t even required to use physical plastic cards. StickyStreet is
determined to make their company
extremely user-friendly, with a sleek and intuitive interface, an
irreverent tone that purposefully avoids marketing jargon, as well as an
accessible customer service desk.

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