OPUS & BEETLE

Wincor Nixdorf, Inc., the leader in the delivery of open systems solutions to the retail and banking industries, announced a strategic partnership with market-leading retail software solution provider, Cornell-Mayo Associates. Under their agreement, the companies will offer retailers an array of open-platform POS solutions based on Cornell-Mayo’s OPUS(TM) POS application and Wincor Nixdorf’s BEETLE POS platform.

The alliance includes joint marketing of a Linux and JavaPOS thin-client POS solution that delivers high value with low total cost of ownership. The OPUS-BEETLE thin-client configuration leverages the inherent benefits of both the OPUS application and BEETLE platform to create the ideal combination of thin-client manageability and fat-client fault tolerance. It can be delivered as a single platform that addresses all customer touch points in the retail store, from POS checkouts to kiosks, mobile devices, and browser-based systems.

“Due to flexibility and cost efficiencies, leading retailers have accepted Linux and JavaPOS as viable platforms for their store environments,” said Gene Cornell, president, Cornell-Mayo Associates. “Cornell-Mayo’s proven open platform design, paired with Wincor Nixdorf’s leadership and success with Linux and JavaPOS, creates a winning combination for our customers.”

“This agreement broadens our offering for tier-one general merchandise retailers, and helps us achieve our vision of a unified platform for the retail store environment,” said Jeff Soisson, vice president, Retail Solutions Group, Wincor Nixdorf. “As a respected leader in the retail industry, Cornell-Mayo is a welcome addition to our open standards family of alliances.”

About Cornell Mayo Associates

Cornell Mayo Associates has been delivering robust, high-function POS systems since 1981. The OPUS Millennium Store System(TM), CMA’s flagship product, first released in 1997, is the third generation of POS software developed by CMA. OPUS has been fully rolled out to many well known retailers including: Ames Department Stores; Belk Department Stores; Borders Books & Music; Talbots; and Tiffany & Co. Opus is highly scalable and is able to run diverse store types ranging from the small specialty store consisting of only a single register, to the largest department store consisting of back office servers and hundreds of registers. OPUS is easily tailored to meet diverse requirements for an unusually wide variety of retail formats. OPUS Millennium is installed on tens of thousands of point of service units in thousands of stores. For more information, visit [www.cornell-mayo.com][1].

The BEETLE Family of POS Systems

Wincor Nixdorf’s BEETLE family of POS systems addresses the complete spectrum of customer touch points in the retail store environment. With solutions that encompass thin-client POS terminals, lean- and thick-client POS systems, kiosks, lottery terminals, and mobile POS devices, the BEETLE family is the industry’s most comprehensive POS product line. An open design supporting commonality of components across the entire BEETLE family substantially simplifies software deployment and hardware maintenance, keeping costs down and productivity high.

More than just PCs, BEETLE systems are rugged, designed to withstand the rigors of retail environments. All systems include standard retail interfaces, accept a wide range of peripherals, and are compliant with established retail software standards. Standard operating systems include Red Hat(R) Linux, the Microsoft(R) Windows(R) family, and Microsoft DOS.

The BEETLE family of POS systems is the industry’s first and only complete line of customer-proven, Linux-ready POS systems in production. The systems also offer the most expansive and complete set of JavaPOS drivers for POS peripherals.

About Wincor Nixdorf

Worldwide, Wincor Nixdorf, Inc. is one of the fastest growing providers of IT products and solutions for the retail and banking industries. Wincor Nixdorf’s offerings include hardware, application software, professional services and a complete range of service programs including on-site support, depot service and Advanced Exchange. Wincor Nixdorf is the world’s third largest provider of POS systems and automated teller machines. Employing more than 4,600 people, Wincor Nixdorf operates in 40 countries with manufacturing plants in Germany and Singapore. North American headquarters are in Austin, Texas. For more information, visit [www.wincor-nixdorf.com/usa][2].

[1]: http://www.cornell-mayo.com
[2]: http://www.wincor-nixdorf.com/usa

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AA MasterCard Promotion

American Airlines Vacations offers something extra for travelers who use MasterCard to purchase Hawaiian vacation packages.

Travelers who book five-night stays through American Airlines Vacations’ Web site — — at participating hotels on the islands of Oahu, Maui, Kauai, and The Big Island of Hawaii by Sept. 30, 2001, will receive a $100 MasterCard Prepaid card per booking. Travel must begin Sept. 1, 2001, and be completed by Dec. 15, 2001.

In addition, American Airlines Vacations will award 3,000 AOL(R) Aadvantage(R) bonus miles per booking. This promotion also offers great Alamo and Hertz car rental savings, transfers and optional sightseeing tours on each of the islands.

Booking Dates: Now through Sept. 30, 2001

Travel Dates: Sept. 1 through Dec. 15, 2001

Restrictions: All payments for vacation packages must be purchased using a valid MasterCard. The card must be valid for six months from the date it is issued and must be valid wherever the card is honored. The MasterCard Prepaid card will be received 6-8 weeks after travel has been completed and verified. Travel must be completed by Dec. 15, 2001.

Reservations and information available from local travel agents, American Airlines Vacations at 1-800-321-2121 or by visiting .

OAHU MAUI

Aston Waikiki Joy Aston Kaanapali Shores
Aston Waikiki Sunset Aston Mahana at Kaanapali
DoubleTree Alana Waikiki Embassy Vacations at Kaanapali
Hilton at Turtle Bay Resort The Fairmont Kea Lani Maui
Hilton Hawaiian Village Hyatt Regency Maui
Hyatt Regency Waikiki Outrigger Wailea Resort
Outrigger Reef on the Beach Sheraton Maui
Outrigger Waikiki
Sheraton Moana Surfrider
Sheraton Princess Kaiulani
Sheraton Waikiki
The Royal Hawaiian

HAWAII THE BIG ISLAND KAUAI
Hawaii The Big Island Aston Islander on the Beach
Aston Shores at Waikoloa Aston Poipu Kai
Hilton Waikoloa Village Hyatt Regency Kauai
Outrigger Waikoloa Sheraton Kauai

About AA Vacations

American Airlines Vacations is the most successful airline-owned tour operator in the United States. As a market leader in the travel industry with more than 50 years’ experience, American Airlines Vacations offers its customers a choice of over 1500 hotels and resorts in more than 300 destinations worldwide. Visit American Airlines Vacations’ Web site at .

The world’s largest carrier, American Airlines is celebrating its 75th anniversary in 2001. Together with its regional affiliate, American Eagle, American serves more than 240 cities in more than 50 countries and territories with more than 4,100 daily flights.

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Buy.com

‘The Internet Superstore’ may go dark next month unless it finds a new credit card processor. Aliso Viejo, CA-based Buy.com, which serves over 4 million customers, has until September 1st to locate a new processor after its current processor notified the company of its intention to terminate credit card services. The termination was to be effective July 23, but an extension was negotiated after Buy.com agreed to pay a 1% surcharge on the processing fee, and 5% hold back for a security deposit. The extension expires August 31st. The company has other woes including a delisting from The Nasdaq National Market on August 14. The company’s founder Scott Blum has signed a definitive merger agreement to buy the firm for $0.17 per share. Buy.com offers nearly 1,000,000 SKUs in a range of categories including computer hardware and software, electronics, wireless products and services, books, office supplies and more.

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Tidel 2Q/01

Tidel reported a net loss of $16.5 million for its third fiscal quarter ending June 30. Results included the effects of an $18 million provision for losses on the company’s receivables from Credit Card Center and the write off of $2.5 million of unamortized debt discount and financing costs applicable to the company’s convertible debentures. Tidel is continuing to pursue collection of CCC receivables which aggregate approximately $27 million. Excluding the special charges, Tidel experienced a sharp decline in sales for the quarter, resulting in its first loss since September 1995. Tidel has sold more than 30,000 retail ATMs and 115,000 retail cash controllers in the U.S. and 36 other countries. For complete details on Tidel’s latest results visit CardData (www.carddata.com).

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800America.com Acquisition

800America.com, Inc. , a business-to-business, business-to-consumer and technology Internet company, announced that it has acquired UPSPayment.com, a global multi-currency e-commerce payment service that makes online payment secure, efficient and instantaneous on the Internet and on mobile devices. UPSPayment.com is the first instantaneous multi-currency e-payment system providing instant funds transfer for both B2B users and consumers. Terms of the acquisition were not disclosed.

UPSPayment.com was created as a method of transacting business quicker and simpler both internationally and nationally on the Internet. By being both instantaneous and allowing buyer and seller to transact business in their own currencies, UPSPayment.com leads the push to conduct more e-commerce with “digital cash” — rather than credit cards and paper checks. Its simplicity and security provide services that allow consumers to send/receive electronic bills through the Internet; pay any bill or send money to anyone with an e-mail address; and perform customary banking transactions, such as fund transfers between accounts.

Originally created as a faster and less costly method for all businesses seeking to conduct international B2B transactions in multiple currencies, UPSPayment.com has become popular among many Internet users seeking an online e-payment service that is affordable and easy to use. UPSPayment.com’s ability to deal in multi-currencies and to send money instantaneously to anyone with an e-mail address sets it apart from the other on-line e-payment systems.

This service historically was only available to large multi-national corporations. UPSPayment.com initially developed this service with the B2B user in mind, but has extended its services to all e-commerce users wanting a simple, secure and complete e-payment solution.

The UPSPayment.com system is: easy to use for both buyer and seller, employs a robust authentication for sellers; provides for virtually instantaneous transfer of funds; is available in multi-currencies; and has enabled its platform for use on mobile devices. UPSPayment.com is a new generation of e-payment solutions for the Global Internet Economy.

Jacque Pate, Jr., Executive Vice President of 800America.com, also commented that business across each of 800America.com’s segments remains robust and that, based on current business conditions and internal projections, the outlook for the Company remains promising. 800America.com has also established a strong financial foundation upon which to continue to expand its operations. Mr. Pate noted that at June 30, 2001, the Company reported cash of approximately $5.4 million and is debt free.

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Pay-By-Touch

VeriStar has been awarded a patent for technology developed using biometrics for processing electronic financial transactions, and has changed its name to Indivos. The company’s ‘Pay By Touch’ payment service is based on sixteen patents issued to-date. The service enables consumers to pay for goods and services either at the retail POS, ATM or over the Internet using only a biometric for authentication. VeriStar recently changed its name to Indivos which comes from indi meaning “individual” and vos, the Latin suffix for “you.” The new name and identity stems from the company’s mission that the “individual you” of the consumer is paramount. Indivos’ patented capability provides a method and device for tokenless authorization of an electronic payment between a service provider and a consumer using an electronic third party indicator. Once the device successfully identifies the consumer, a biometric-based authorization of an electronic payment is issued.

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EMS Loyalty

OH-based Electronic Merchant Systems has become the first transaction processor to offer the ‘Catuity Gift Card Loyalty’ product to its more than 60,000 U.S. merchants. The program offers EMS’ retailers the option of either a loyalty card that can be custom designed with a company’s logo or a gift card that can also provide loyalty applications. The Catuity software includes an integrated suite of applications that provide loyalty, ticketing, access control and membership. The Catuity Loyalty System is ubiquitous in that it can operate on any device, any card program and with any payment process, including stored value, smart cards and wireless applications.

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CheckFree Federated

More than 70 million Federated credit card customers can now receive and pay their bills online at their choice of more than 300 CheckFree-powered sites including banks, brokerages, credit unions and Internet portals. Under the program, Federated card customers can view their credit card bill 24 x 7, review current and outstanding account balances and access the full bill detail from their personal computer. Consumers can approve the bill and schedule the date of the payment with the specified amount deducted electronically from their designated bank, credit union or brokerage account. CheckFree i-Solutions currently has 271 billers under contract. Federated operates 450 stores across 34 states, Guam and Puerto Rico, including Bloomingdale’s, The Bon Marche, Burdines, Goldsmith’s, Lazarus, Macy’s and Rich’s, as well as macys.com, bloomingdales.com and Bloomingdale’s By Mail.

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Leapfrog CEO

Leapfrog Smart Products, Inc. announced that Randall Schrader, former Chief Operating Officer senior executive Strategic Resource Solutions, Inc. was voted unanimously as Chief Executive Officer and President, assuming the reins from co-CEO and President Dr. Les Bromwell. Schrader brings over 25 years of operational and direct marketing experience to Leapfrog, and will now take the lead in championing the firm’s sales, marketing, and operations. Co-CEO and co-founder Dale Grogan will assume the position of President of Leapfrog Healthcare Solutions.

“We are pleased to have Randall take on the CEO role at Leapfrog,” commented Dr. Bromwell, who will continue as a board member. “He is a well-qualified and professional leader.” Bill Baker, current board member added, “Our products are already adding considerable value to the company. Randall is the right person to rapidly grow our business. His business knowledge, passion for the smart card business and operational experience will serve Leapfrog well.”

Schrader joins Leapfrog after spending over 25 years in numerous senior management positions. Throughout his career, Schrader has demonstrated a unique ability to strategically focus an organization to drive sales, revenues and profitability. Most recently Schrader was President and CEO of Realistic Solutions, Inc, an energy consulting firm with offices in Philadelphia and Chicago. Previous to his CEO role at Realistic Solutions, Schrader had been President of Target Energy, Inc. as well as, President of Budson International, Ltd.

“Of all the career opportunities I was considering, I found the CEO position at Leapfrog and the related market opportunity to be the most promising and exciting challenge for me,” said Schrader. “The organization has made considerable progress in product development and early validation of the business model. Leapfrog’s unique niche as a Smart card and security software provider for Healthcare and Government entitles is a fresh approach.” Once Schrader officially assumes the role on August 25, Dr. Les Bromwell will serve as a consultant to the company.

About Leapfrog Smart Products, Inc.

Leapfrog Smart Products, Inc. is a world-class leader in Smart card software development, biometrics and system solutions integration. Located in Maitland, Florida, Leapfrog is dedicated to creating wide sweeping applications for Smart cards. Smart cards are credit card-sized pieces of plastic with a computer microprocessor embedded within. Current applications of Smart card software include personal identification, e-purse transactions, loyalty point storage, physical and logical access, as well as portable storage of medical records. Leapfrog, through its General Services Administration (GSA) master contract, is also certified as a contractor with the United States Federal government. Leapfrog Smart Products, Inc. is publicly traded on the Over-the-Counter Bulletin Board under the symbol “FROG”.

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CashTech Gets Black

CashTech Solutions, a global provider of solutions for corporate electronic banking and cash management, with offices in India, Singapore and the United States, announced the appointment of Robert J. Black to the position of SVP and Director of Sales, continuing the company’s expansion in North and South America.

CashTech’s product suite represents the next generation of corporate Internet banking, incorporating the latest advancements in both features and technology. The system allows for extreme flexibility in both client configuration and tailorability to take advantage of market opportunities.

Prior to joining CashTech, Mr. Black was a member of Ernst & Young’s National Cash Management Practice. As a part of the Practice, Robert was primarily responsible for the development, sale, and production of their highly successfully currency forecasting software suite.

“As we continue to extend our industry leading cash management solutions throughout the western hemisphere, we needed an individual with exceptional leadership and sales skills, industry knowledge and contacts, and an unmatched desire for success. Robert possesses each of these characteristics,” said Ed Herman, CEO of the Americas for CashTech. “We anticipate that Robert will produce excellent results for his clients and our organization.

Mr. Black can be reached at robert.black@cash-tech.com or at (312) 674-4543.

About CashTech Solutions

CashTech Solutions is a global leader in providing corporate electronic banking and cash management solutions to financial institutions worldwide. Its CashIn product suite represents the first real innovation in cash management software in a decade and has been installed in more than 37 locations worldwide. Current customers include ABN Amro, Deutsche Bank, BNP and HSBC. The company has offices in the United States, Singapore and India and employs more than 165 professionals worldwide. Please visit their Web site at [www.cash-tech.com][1] for additional information.

[1]: http://www.cash-tech.com

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S2 & Stratus

S2 Systems, Inc., a global provider of transaction processing, authorization and integrated solutions for the banking, financial and retail sectors, announced a global marketing agreement with Stratus Technologies, maker of the world’s most reliable server technologies, to deliver continuously available next-generation payment solutions for Microsoft Windows 2000 operating environments. This joint initiative reaffirms and extends a long-standing relationship between S2 and Stratus, leveraging Stratus’ fault-tolerant technology with S2’s mission-critical transaction processing applications for open platforms.

The newest partnered solution from S2 and Stratus enables OpeN/2(TM) to provide 24×7 availability of business-critical transaction processing systems on the ftServer in a Windows(R) environment. The combined synergy between Stratus and S2 builds upon earlier industry benchmarks achieved by each company, both separately and together as partners. For two decades, Stratus has been solely focused on providing fault-tolerant technology to meet the availability needs of mission-critical applications. And for more than 18 years, some of the world’s largest organizations have relied on S2 products to drive their high-volume transaction networks.

“Our most recent collaboration with Stratus is the next logical step in a long history of providing global financial and retail payment solutions,” said Stephen Clark, president and CEO of S2 Systems. “We expect the additional support of the Stratus ftServer family to strengthen S2’s industry position as the preferred choice for transaction processing solutions in the Windows(R) environment. By leveraging the latest S2 open systems technology with the Stratus ftServer platform’s 24×7 availability, we are also extending OpeN/2’s proven capabilities further.”

S2’s OpeN/2 provides the robust and scalable online transaction processing (OLTP) capabilities that are integral to real-time e-business. The OpeN/2 core transaction engine is built for high volume throughput and peak performance — with applications for EFT, card activity and check management. Unlike proprietary systems that are hard to maintain and even more difficult to change, OpeN/2 provides the power of object-oriented programming and industry-standard relational database drivers on UNIX(R) and Windows(R) 2000 operating systems.

“The deployment of fault-tolerant server technology for 24×7 availability in electronic transaction processing is a major competitive advantage for our customers and partners,” said Steve Kiely, president and CEO, Stratus Technologies. “The Stratus ftServer platform for Windows(R) 2000 offers simple installation and manageability at a very low cost. The combined solution of S2’s OpeN/2 distributed architecture and the ftServer system provides industry-standard reliability, with capabilities for EFT, ATM networks, POS, wireless and other emerging technologies.”

The Stratus ftServer system is built around Intel(R) processors and supports the Microsoft(R) Windows(R) 2000 operating system, giving users the powerful option of a fault-tolerant family of servers at industry-standard prices. The inherent reliability of its hardware fault-tolerant design is integrated with unique software-availability features and service technology that allows the Stratus ftServer system to prevent critical system downtime and data loss.

About Stratus Technologies

Stratus Technologies offer a proven range of continuously available computer platforms, application solutions, professional services, and technologies for mission-critical business operations. Many Stratus customers are highly visible industry leaders such as prominent U.S. securities firms, major credit card companies, the largest stock exchange in Asia, the largest options exchange in the world, and 15 out of the world’s 20 largest banks. The Stratus 24-7 Technologies Division licenses technology for fault tolerance to technology companies. Stratus has offices and a comprehensive network of customer service centers worldwide, and 1,100 employees. Visit the company’s Web site at [www.stratus.com][1].

About S2 Systems

S2 Systems, Inc. is a leading global provider of e-business solutions for the banking, financial services, retail and travel & hospitality industries. For more than 18 years, some of the world’s largest organizations have relied on S2 products to drive their high-volume e-commerce transactions. Today, our leading-edge technology enables businesses worldwide to implement Web-based initiatives that improve operational efficiency, enhance customer service and generate new revenue streams. S2 Systems is headquartered in Dallas and has offices in Atlanta, London, Paris, Maarssen, Stockholm, Dubai, Riyadh, Hong Kong, Beijing, Melbourne and Sydney. For more information about S2 Systems, visit its Web site at [www.s2systems.com][2].

[1]: http://www.stratus.com
[2]: http://www.s2systems.com

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Rate Cut

Interest rate spreads for credit card portfolios will get a boost today as the Federal Reserve will most likely lower short-term interest rates by at least a quarter point. The effects of the rate cut will be enhanced due to the triggering of floor interest rates and the prevalence of fixed APR pricing on bank credit cards. Only $234 billion of the $575 billion in total U.S. credit card receivables will be re-priced due to variable rate structures. Nearly half of all credit cards in the U.S. have variable interest rates. Three years ago, about three-quarters of credit cards had variable rates. About 25% of credit cards have floor rates. Since January the Feds have cut short-term interest rates by 275 basis points which has knocked the prime rate from 9.50% to 6.75%.

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