Money Skills for Military

Visa U.S.A. and the Reserve Officers Association are teaming up to provide financial training, resources, and tools to assist the families of the thousands of United States military Reservists and Guardsmen deployed in Operation Enduring Freedom manage their personal finances.

“Visa is committed to doing what it can to provide the resources and tools necessary to help the men and women who are answering the call of war manage their household finances,” said Rhonda Bentz, Director of Public Affairs, Visa U.S.A. “The Reservists and National Guard personnel that have been called to active duty and their families should have available to them all the tools and information they need to assist them in dealing with the new financial situation they find themselves in.”

Through this partnership program, Visa U.S.A. is working to provide military families with an array of financial management resources, as well as further training in applying these skills. These training sessions were kicked off this week in Washington, DC, at the Reserve Officers Association 2002 Mid-Winter Meeting. In the coming months, Major Commands of the Reserve and National Guard, working with the respective Ombudsmen, will receive tools that will enable them to provide assistance to their local families. As this campaign continues, financial resources on topics such as creating and sticking to a budget, understanding credit reports, and managing credit and debit cards will be made available at military installations across the country. Visa U.S.A. will also be providing nearly 200 military installations nationwide with the Practical Money Skills for Life tools, including instructional videos and interactive learning calculators, so that Family Service Center personnel can further supply ongoing training and assistance to military families.

“We hope these materials and resources will assist service members and their families in managing their new financial situation, which often times includes a reduction in household salary,” Bentz added. “Of course, all families can access Visa’s free, on-line, financial resource Practical Money Skills for Life, [][1] , from any computer at any installation across the country.”

“The tragic events of September 11 called thousands of Reservists into action, many of whom could be back on active duty for a long period of time,” said Col. Chip Holsworth, National President of the Reserve Officers Association. “This extended call to arms presents our Guardsmen and Reservists with unique financial challenges. We are proud to be partnering with Visa U.S.A in this endeavor to educate our military families and guide them in managing their financial resources.”

One family impacted by this call to duty is the Harrington-Crawford household. District of Columbia National Guardsman Sergeant Malek Crawford was called from inactive reserve status to active duty and has been deployed for an indefinite amount of time. His wife, Anisa Harrington-Crawford is at home managing the household finances during her husband’s military activation.

“Being a citizen-soldier you are always ready to go and defend your country and step up when the call comes, but you never think the call is going to impact you the way it actually does,” said Sgt. Crawford. “When the call comes you are ready, but you really don’t realize how your family, your budget, your finances, and your income are affected when deployed.”

“After attending National Guard Family Day at the DC Armory last month and listening to Visa’s Practical Money Skills for Life presentation I went back to my office and logged on for myself,” said Anisa Harrington-Crawford. “I plugged our household numbers into the budget calculator and it helped my create a new budget to use during my husband’s deployment. It gave me peace of mind by letting me see that our financial situation wasn’t as bad as I thought it would be.”

“Visa is proud to be able to give a little piece of mind to active duty Americans who are defending our country,” said Bentz. “We will do all we can to educate them and their families by providing training, resources and tools that will allow them to make sound financial decisions during this time of uncertainty.”

About Visa U.S.A.

Visa is the world’s leading payment brand and largest consumer payment system, enabling banks to provide their consumer and merchant customers with the best way to pay and be paid. More than 14,000 U.S. financial institutions rely on Visa’s processing system, VisaNet, to facilitate over $810 billion in annual transaction volume — including more than half of all Internet payments — with virtually 100 percent reliability. U.S. consumers carry more than 353 million Visa-branded smart, credit, commercial, stored value and check cards, accepted at approximately 22 million locations worldwide. Visa has long led the industry in developing payment security standards, and has been named the most trusted payment brand online. Visa’s people, partnerships, brand and payment technology are helping to create universal commerce — the ability to safely conduct transactions anytime, anywhere and by any device. Please visit [][2] for additional information.




Mosaic Group Inc., North America’s
leading independent marketing solutions company with capabilities in Canada,
the US and the UK, announced that it has entered into a definitive
merger agreement to acquire Evanston, Illinois based Custom Offers LLC.

Custom Offers is a rapidly growing and profitable internet marketing
solutions company, focused on aggregating large volumes of high quality data
and then monetizing that data through performance driven marketing programs
and through the sale of data to third parties. In 2001, the Company’s start up
year, the Company generated over US$3,000,000 in revenue and achieved

“Although not yet large in dollar size, this is an important strategic,
symbolic and smart acquisition for Mosaic for four major reasons”, says Marc
Byron, CEO of Mosaic. “First, this acquisition speeds our transformation
towards my strategic objective to have Mosaic become the world’s first and
largest company focused on integrating and executing digital, data and direct
capabilities to produce profitable transactions for Brands and for ourselves.
Second, the Custom Offers platform reduces our dependence on and cost of third
party data. Third, Mosaic will become a key provider of data to other third
party marketers, including many of the Brands we currently serve in other
capacities, creating a new and lucrative earnings stream for Mosaic. Fourth,
Mosaic will utilize this platform through which we will begin to sell our own
proprietary products.”

“There are significant synergies for both organizations” stated Larry
Organ, founder of Custom Offers. For example, opportunities exist to expand
our data activities with Mosaic Performance Solutions, to leverage the value
of data currently collected by Mosaic such as at Mosaic Performance Solutions
or with the UK Prudential Home Service program, and to leverage Mosaic’s
existing blue chip clients. Our proven and sophisticated data aggregation and
performance driven marketing process fits perfectly into Mosaic’s vision and
strategy to become the leader in digital, data and direct marketing. As part
of Mosaic, we can now grow faster, provide additional value to the Brands we
serve and drive more profitable transactions for Mosaic’s Brand Partners
through our digital channels.”

Byron further adds, “this acquisition signifies an important strategic
shift as we begin to put our unique capability of creating transactions with
consumers to work for ourselves. By leveraging our own data, with our own
products and or services with our own infrastructure, we establish a whole new
revenue and earnings stream for Mosaic. The Custom Offers acquisition is the
first major step in Mosaic’s aggressive plan to ultimately remake Mosaic into
the world’s leading technology based, transaction driven company. Even in its
current relatively small size, Custom Offers drove over 2,000,000 paid
consumer transactions in December.”

Background and Additional Information:

Custom Offers, which is to be immediately rebranded as Mosaic Data
Solutions, provides internet-derived, permission-based consumer data for
direct marketing solutions. The Company sources all consumer data online from
opt-in consumer site registrations. Custom Offers’ consumer database undergoes
an industry leading and exhaustive hygiene process that removes incomplete
names, foreign domains, non-existent street addresses, false e-mail addresses,
and duplicate records. Custom’s database provides rich customer profiles for
any customer acquisition, cross-sell or retention exercise. All consumer data
includes both email and postal addresses, making it a single source for
online, offline, or integrated direct marketing efforts. Custom Offers’
segmented database enables superior results for their clients by allowing them
to engage in highly targeted campaigns.

Custom Offers has three lines of business, each with its own web address.
Custom Offers
( earns lead
generation revenue from its
brand partners through consumers visiting the website and by consumer
responses to e-mail solicitations sent out in CustomOffers’ name. CustomOffers
currently has a gross list of 30 million names, of which 10 million are active
and with 1-2 million new names being added each month.

( operates
as an agency for other
mailers seeking to take advantage of CustomOffers’ technology and database. As
an example, OfferStore received an order to deploy 50 million credit card
solicitations in the month of December from a major bank.

generates revenue from the
CustomOffers database by renting data products for one-time use, licensing
data to resellers, or selling data in bulk to compiler agencies.

The purchase price for Custom Offers is based on a multiple of up to 5
times average 2002 and 2003 pre-tax earnings and will be settled primarily in
Mosaic common shares. The maximum consideration paid under the earn out cannot
exceed US$49.9 million, with any Mosaic shares issued subject to a floor price
of US$1.80. Closing is subject to customary closing conditions. An example
calculation of the earnout payable and a description of Custom Offers is
available by contacting Mosaic Group Inc.

Mosaic Group Inc., with operations in Canada, the United States, and the
United Kingdom, is a world leading provider of results-driven, measurable
marketing solutions for global brands. Mosaic specializes in three functional
solutions: Direct Marketing Customer Acquisition and Retention Solutions;
Marketing & Infrastructure Solutions; and Sales Solutions & Research, offered
as integrated end-to-end solutions. Mosaic differentiates itself by offering
solutions steeped in technology, driven by efficiency and providing measurable
and sustainable results for our Brand Partners. Mosaic trades on the TSE under
the symbol MGX.



Dallas-based TransFirst has merged the operations of PulseCard, a health services transaction processing firm, into TransFirst Health Services. PulseCard processes $500 million in annual transactions and TransFirst processes $216 million per year in healthcare services related transactions. TransFirst also announced the hiring of two industry veterans to its management team. Mark Travis, formerly with EDS, was appointed SVP/CFO and Joni Floyd, formerly with Affiliated Computer Services, Inc.’s Electronic Commerce Division, was appointed VP for business development and strategic planning. TransFirst, formerly ACS Merchant Services, was founded in 1995 and was recently recapitalized by GTCR Golder Rauner.


Starbucks Card

Starbucks reported Thursday on the extraordinary response to its recently launched stored value card. During the quarter ending Dec. 31, 2.3 million cards were activated with a total value of $32 million and 2.2 million card redemption transactions resulted in net sales of $9 million. The value of ‘Starbucks Card’ activations and reloads exceeded redemptions during the first quarter by $25 million. Launched the week after Thanksgiving, the ‘Starbucks Card’ can be loaded and re-loaded in denominations up to $500. The cards are available for purchase and can be reloaded via Starbuck’s 4,000 physical U.S. locations, toll-free phone call or online at the Starbucks Web site. The speciality coffee retailer reported yesterday 4Q/01 profits of $68 million on total revenues of $805 million. (CF Library 11/28/01)


ICMA 2002

The International Card Manufacturers Association has elected one new board member and re-elected an existing board member for the 2002-2004 term. Ed Gresham of Giesecke & Devrient Systems Canada was elected to the board of directors. Re-elected to the board was Herbert Grün of Giesecke & Devrient, Germany. Directors whose terms expire in 2003 include Dean Warner of Oberthur Card Systems; Jim Pokornowski of Allsafe Company;, Bob Emerson of Bull Card Systems; Peter Cox of ID Data Systems; Fernando Bautista of Thomas Greg & Sons; Derek Chaplin of S&G Africard; and Steve Knapp of Personix. The International Card Manufacturers Association will hold its 11th Annual EXPO in Vancouver, British Columbia, Canada. The event will be held September 29 – October 2, 2002, at the Westin Bayshore Resort.


Comm Card Tool Kit

Comerica Incorporated announced the successful launch of Total Program Manager, a package of online tools for commercial card program managers looking for real-time and active control of their cardholder accounts. The announcement was made by Daniel J. McCarty, senior vice president and officer-in-charge of Treasury Management Services, as part of Comerica’s National Commercial Card User Group meetings, held this week in Texas and California.

“An increasing number of our corporate customers told us they wanted to have direct control of their cardholder accounts and now they can have it with ‘Total Program Manager’,” said McCarty. “This is a self-administration option that lets program managers directly manage cardholder accounts using the latest online tools.”

Total Program Manager includes the functionality of both iSpectrum and iTracer. iSpectrum is an online access tool that enables program managers — in real-time — to add new cardholder accounts, check posted balances, change credit and other limits, as well as merchant category codes, and more. iTracer is a popular information reporting tool that provides program managers with online access to transaction and reporting information.

“Our state-of-the-art online tools are designed to enhance the Internet experience for commercial card program managers,” said McCarty. “To introduce ‘Total Program Manager’ at a commercial card user group meeting is especially meaningful, since it underscores how we listen, understand and make it work for our customers.”

The Purchasing Card (including Canadian Dollar Purchasing Card), Fleet Card, Corporate Card, Multi Card and Comerica CompCARD(SM) comprise Comerica’s Commercial Card family of products. To find out more about Comerica’s commercial cards, visit Comerica’s web site at [][1].

Comerica Incorporated is a multi-state financial services provider headquartered in Detroit, with banking subsidiaries in Michigan, California and Texas, banking operations in Florida, and businesses in several other states. Comerica has an investment services affiliate, Munder Capital Management, commercial banking operations in Canada and a commercial banking subsidiary in Mexico. Comerica was recently named one of the “Best Big Companies in America” by Forbes magazine. Comerica Incorporated reported total assets of $51 billion at December 31, 2001.



Cubic Chicago Deal

Cubic Transportation Systems, a subsidiary of San Diego-based Cubic Corp., has received a $5.5 million contract to upgrade the central computing system and infrastructure for the Chicago Transit Authority, the nation’s second largest public transportation system and the second in the U.S. to implement smart card technology.

The total value of the contract could reach $6.25 million if all options are exercised.

Cubic is the provider of the CTA’s high-tech electronic fare collection system that links all rail and regional bus operations to a single magnetic ticket or “touchless” smart card. The CTA launched a limited “trial” of 3,500 Cubic-supplied smart cards in 2000. Last September, CTA awarded a contract for Cubic to supply an additional 300,000 cards, which will be phased in by the CTA over the next two years.

The central system acts as the “brains” of the CTA’s fare collection operations, integrating and linking all rail and bus fare equipment to a central source for revenue and data management. Cubic will upgrade station-level computers throughout the CTA’s 143 rail stations to ensure seamless data upload and download operations with the central system. “These enhancements will ensure the CTA’s fare collection system continues to be powered by a high-performance, high-reliability central system,” said Walter C. Zable, president and chief executive officer, Cubic Transportation Systems. “Not only will our system have the processing power and storage to easily handle the CTA’s transaction volume today, but it will have the reserved capability to support several years of sustained annual ridership growth, consistent with the CTA’s objectives.”

The central system’s expansion will include more powerful reporting and distribution tools that will position the agency to take advantage of more advanced fare collection technologies that the CTA may add in the future. The upgrade is scheduled for completion by this summer.

Cubic Transportation Systems is the world’s largest supplier and system integrator of integrated electronic ticketing systems and has smart card contracts for public transit systems in North America, Europe and Asia. Recently, the company added a security group to expand its smart card technology into non-transit uses including security and access control. Every year, nearly 10 billion people use Cubic systems in more than 40 major markets in cities on five continents, including London, Washington, D.C., Hong Kong, Chicago, New York, Guangzhou, Shanghai, Atlanta, San Francisco, Singapore and Miami. As part of the TranSys consortium, Cubic also is supplying the entire automated fare collection system including smart cards for the London PRESTIGE project. Cubic Transportation Systems Group is one of Cubic Corp.’s two major segments. The Cubic Defense Group provides battle command training, instrumented training systems, avionics, data links, product logistical support and radio communication systems. For more information about Cubic, see the company’s Web site at [][1].



FDC 4Q/01

First Data reported fourth quarter net income of $291 million on revenues of $1.68 billion, a 13% increase over 4Q/00. The Card Issuing Services division produced 4Q operating profits of $100.2 million, a 20% increase over last year, on revenues of $375 million, a 2% decline over 4Q/00. The Merchant Services unit achieved a 5% growth in 4Q/01 operating profit to $173 million and 22% revenue growth to $602 million. Merchant processing transactions grew 13% for the quarter. The Payment Services segment produced 4Q operating profits of $239 million, an 18% increase over last year, on revenues of $723 million, a 17% increase over 4Q/00. Emerging Payments, First Data’s eONE Global business formed in October 2000, reported $24 million in fourth quarter revenue, a growth rate of 21%. Emerging Payments produced a 4Q/01 loss of $8 million. For complete details on FDC’s 4Q/01 results visit CardData (


New NCR ISO Distributor

NCR Corporation has named KWIK KA$H ATM, Inc. of Sarasota, Florida as its newest distributor, helping NCR continue to expand its presence in the North America convenience market.

KWIK KA$H is now able to sell NCR ATMs direct to the end user or to smaller independent service organizations (ISOs). The company will sell NCR’s EasyPoint(TM) line of convenience ATMs, such as the new EasyPoint 53, as well as NCR’s Personas(TM) enhanced function ATMs.

KWIK KA$H ATM officials were impressed with the market opportunity and support available with NCR’s enhanced products and solutions. KWIK KA$H will expand its services throughout the convenience market by offering reliable automated teller machine (ATM) solutions for retailers looking to upgrade ATM functionality.

“NCR’s reputation in the self-service industry is solid,” said Michael T. Gilot, vice president and national sales director for KWIK KA$H ATM. “In addition to being a highly recognized brand in ATMs, NCR is equally well known for its point-of-sale operations. So, retailers know NCR. KWIK KA$H has 13 years of experience in working with retailers who want to enter the market with a cost-effective ATM solution. By becoming an NCR reseller, we package the strength of both companies for our customers.”

Jim Sampier, NCR national alliance sales director, added, “We are pleased to welcome KWIK KA$H as an NCR distributor. NCR works with its partner resellers to develop the solid business-case scenario for what we see as a mature, but not saturated, market. Convenience ATMs continue to be popular in the retail setting. Industry research shows that offering ATM service in a safe retail establishment will generate traffic, encourage return customers and increase sales — all of which can build bottom-line profits for the retailer or deployer.”

About KWIK KA$H ATM, Inc.

KWIK KA$H ATM, Inc., Your ATM Company, is a Florida corporation, based in Sarasota. Its mission is to provide ATM service as a convenience for retail locations throughout North America. For more information, visit [][1] or call 1-800-884-8644.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR’s Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company’s business solutions are built on the foundation of its long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 31,400 in more than 100 countries, and is a component stock of the Standard & Poor’s 500 Index. More information about NCR and its solutions may be found at [][2].

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.



Hypercom VAR Partners

The number of Value-Added Resellers and Independent Software Vendors now developing and customizing software applications for Hypercom s popular ICEä card payment terminals globally has reached 100, Hypercom Corporation reported during the company’s 2nd annual North American VAR Partners Conference. The 100th VAR/ISV, Praxell, Inc., introduced a service through Hypercom’s new Windows CE-based ICE 7000CE card payment terminal. Retailers can now offer electronic gift, cash and promotion/loyalty cards, and accept them for multi-channel payment through the Praxell Service, quickly generating new revenues for the merchant.

The 100th VAR milestone underscores a growing move by value-added resellers worldwide to team up with Hypercom® and bring to market innovative, value-added solutions not traditionally associated with card payment credit and debit applications, as well as applications which enhance the card payment experience.

It s no wonder more and more VARs and ISVs are turning to Hypercom. Their products make it easy to integrate new revenue generating applications for the point-of-sale, said Sheldon Friedman, vice president of business development, Praxell, Inc. The ICE 7000CE with Praxell s stored value solution allows retailers to put more money in their pockets almost immediately.

New revenue-generating VAR applications using Hypercom s ICE terminals are being introduced every month. Within the last 90 days alone, Smart Card Solutions LLC incorporated its turnkey ReflexGT loyalty and electronic gift certificate application into Hypercom s standard HyperWareâ credit, debit and check software. Atrana Solutions began marketing Hypercom s terminals to the prepaid, sports licensing and value-add markets in addition to its traditional payment applications and services. Hypercom and The Logix Companies have teamed up to market ICE terminals with identification verification age verification and check conversion capabilities. The Western Reserve Group (WRG) is deploying globally its new Vision 100 ATMs that incorporate the ICE 6000, and that s just the beginning.

Hypercom is listening closely to the market, they are responding, and they are clearly generating interest. They have evolved from a closed environment to a company offering a first class development environment, and they are giving value-added resellers and developers a first-time opportunity to create customized, revenue-generating applications on the ICE terminal, said Paul Martaus, president, Martaus & Associates during his keynote presentation at the Hypercom conference.

Hypercom Development Tools = Customized Applications

The combination of Hypercom s HyperWare retail/restaurant base application and its Visual HyperWare Developer s Toolkit (VHDT) lets VARs and ISVs, processors and financial institutions quickly and cost-effectively develop new highly customized applications using Microsoftâ s popular Visual Studioä platform. Equally important, all applications developed using VHDT are portable across any Hypercom terminal. For Hypercom customers, VARs and ISVs, this means working in a development environment with a wide availability of resources, a consistent application integration path for a broad range of terminals and the stability necessary for cost-effective maintenance.

Hypercom s operating system, TranSafeä, delivers a complete terminal application processing environment in which embedded payment and non-payment applications co-exist on the same terminal. An unlimited number of applications can quickly and efficiently run in tandem with financial applications on the terminal, creating a unique and complete application environment for businesses and the market is embracing the opportunity. Hypercom s 2002 VAR Conference is an annual event that brings VAR and ISV partners together with Hypercom’s executive management and engineering teams and each other. Participants get an update on Hypercom’s newest hardware and software product offerings, and exchange news and information aimed at furthering their success in developing and marketing new solutions on Hypercom terminals.

About Hypercom

Hypercom Corporation (NYSE: HYC) is the leading global provider of electronic payment solutions that add value at the point-of-sale for consumers, merchants and acquirers, and yield increased profitability for its customers. Hypercom s products include secure web-enabled card payment terminals that work seamlessly with its networking equipment and software applications for e-commerce, m-commerce, smart cards and traditional payment applications.

The company s widely-accepted ePOS-infocommerceä (epic) framework of consumer-activated, EMV-certified, touch-screen ICE (Interactive Consumer Environment) terminals enable acquirers and merchants to decrease costs, increase revenues and improve customer retention.

Headquartered in Phoenix, Arizona, Hypercom is independently acknowledged as the leading provider of point-of-sale card payment terminals worldwide. Demand for Hypercom s terminals surpassed one million units last year alone. Hypercom today maintains an installed base of more than 5 million terminals in over 100 countries, which conduct over 10 billion transactions annually. Hypercom s Internet address is [[. ][1]][2]

Hypercom and HyperWare are registered trademarks of Hypercom Corporation. ICE, ePOS-infocommerce and TranSafe are trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.


Value-Added Resellers/Independent Software Vendors Speak Out at Hypercom s Annual VAR Partner Conference

As a leading provider of transaction software for petro/c-store, financial, government and value add applications, Atrana has used Hypercom s Visual HyperWare® Developer s Toolkit to create powerful, flexible solutions for the POS market. Through its VAR program, Hypercom has provided Atrana the support and tools we need to create these robust feature-rich applications.

Alem Boukadoum, executive vice-president, Atrana Solutions

The ICE terminal is ideal for the point-of-sale, but it goes beyond that, as our new Vision 100 ATM demonstrates. Hypercom s development environment lets you quickly and cost-effectively develop virtually any application that a merchant would ever want, and fulfill literally any transactional or informational need that they would require at the point-of-sale and beyond. And whatever you develop is going to be backward compatible. That means that the applications work on any Hypercomâ terminal, at any time. It s that kind of flexible, scalable migration path that companies like ours are using to meet the escalating demand for highly customized solutions that add value and generate incremental revenues at the point-of-sale. We used all of this to create our new Vision 100 ATM, and that product is generating considerable interest both domestically and internationally.

Mike Stevenson, vice president, WRG

The key phrase is value added. If you can give the Independent Sales Organization, bank or any organization a tool that helps them create revenues, then you v_ got a winner. That s what we ve got with our ReflexGT gift card and loyalty program. And we have added it to Hypercom s C-based HyperWare application, so that every ISO can quickly offer it to their customers.

Bill Biwer, president, Smart Card Solutions, LLC

Hypercom and HyperWare are registered trademarks of Hypercom Corporation. ICE and ePOS-infocommerce are trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.




Interlink Electronics, Inc., the world’s leading developer of intuitive interface technologies and solutions for business and home applications, announced availability of ePad-POS, an e-signature solution for point-of-sale applications. ePad POS captures handwritten signatures using a standard paper receipt and ballpoint pen, converting them to e-signatures for use in electronic retail transactions. Used in conjunction with transaction automation software such as RichSolutions’ RichPayments, ePad POS offers retail stores, banks and government agencies the cost savings inherent in electronic document processing. ePad POS is available for all popular single- and multi-lane point-of-sale terminals.

ePad POS Applications

“Interlink’s ePad POS allows businesses large and small to electronically sign, process, store and retrieve retail transactions — reducing the costs associated with charge-backs, disputed claims and credit card fraud,” said Bill Pittman, CEO of RichSolutions. “It is ideal for use with software such as our RichPayments. Using RichPayments with ePad POS, customers conducting credit/debit transactions, cashing checks, or implementing electronic image/receipt capture (ERC) need only simply swipe their card, sign the receipt using ePad POS, and the transaction is electronically stored for easy retrieval.” “Printed transactions are being replaced by electronic ones in every aspect of our lives,” said Rod Vesling, vice president of marketing and sales, electronic transactions, Interlink Electronics. “This is especially true in retail stores where worldwide there are an estimated 24 million point-of-sale terminals, with almost 4 million more being added yearly. Until now, only larger merchants were able to use electronic signatures to automate point-of-sale transactions. ePad-POS, when integrated with applications such as RichPaymets on popular point-of-sale terminals, allows merchants of any size to use e-signatures to reduce their operating costs, transaction times, and losses due to charge-backs and fraud.”

About ePad

Interlink Electronics’ ePad captures the handwritten signature converting it to a biometrically secure e-signature for use in electronic forms and transactions

— enabling enhanced workflow, reduced operating costs and faster processing times. ePad e-signatures may be permanently bound into Microsoft(R) Word(R) documents, Outlook(R) e-mail messages, Adobe(R) Acrobat(R) files, Internet documents, and many proprietary forms and transactions. ePad e-signatures contain a biometric handwriting profile that may be used to authenticate the identity of a signer. The ePad writing surface, which accepts signatures using any common stylus, has the natural feel of writing on paper. ePad POS, the latest addition to Interlink’s ePad product line, offers USB, serial, and custom interface connections to all popular point-of-sale terminals. Priced at $75 U.S., ePad POS is available from Interlink Electronics at [][1].

About RichSolutions, Inc.

RichSolutions, Inc., is a privately held corporation based in Redmond, WA, and is the leading provider of innovative ePayment Web Services for processing credit, debit/ATM card, and check services. RichSolutions develops integrated ePayment solutions that work on any device, at anytime and anyplace. RichSolutions has established long-standing relationships with banks and institutions that help process electronic payment transactions. RichSolutions can be reached through the Internet at [][2].

About Interlink Electronics

Interlink Electronics, Inc. is the world’s leading developer of intuitive interface technologies and solutions for business and home applications. Products include electronic signature solutions for enhanced workflow, point-of-sale and consumer applications, interactive remote controls for business communications and broadband entertainment markets, and integrated interface solutions for specialty and consumer electronics products. Interlink Electronics’ customers include Compaq, SANYO, Sony, Microsoft, NEC, Sharp, Toshiba, Pioneer, Mitsubishi, and InFocus Corporation. Within the electronic transactions market, the company’s industry partners include Bluepoint Solutions, Cardiff, Communications Intelligence Corporation (CIC), RichSolutions Inc., Silanis Technologies, and Valyd Inc. Interlink Electronics maintains offices in Camarillo, California, Tokyo and Hong Kong, and is available online at , or in Japan at [][3].