Card Services International the world’s leading smart card management software company, announced that as of January 1, 2000 the company will change its name to CardBASE Technologies.
The company is changing its name to reflect the focus of the organisation and to provide a .com Internet address for Customers and Partners worldwide – [www.cardbase.com] will be live from January 1, 2000.
Founder and Chief Executive Officer, Aonghus Geraghty commenting on the change said: “the new name unifies the company and its product brand. Our core technology, CardBASE(R) delivers the most advanced chip card management product available in the market today. CardBASE Technologies plans to continue to dominate the market for advanced chip card life-cycle management systems. The current industry excitement about the potential of multi-application chip cards and the role these cards can play in the delivery of secure eCommerce, pays little attention to exactly how these multi-application cards will be managed at the back-end. CardBASE addresses these issues and provides a fully integrated solution for the volume personalisation and issue of chip cards, plus the collection, processing and clearing of associated transactions.
Today, CardBASE is the technology behind some of the world’s leading chip card payment schemes including ChipCASH, ValuCard, and Visa Cash. In total these schemes issue hundreds of thousands of cards and process millions of transactions annually.
As the smart card market continues to develop, CardBASE will provide card life-cycle management solutions for PKI security chip cards and other advanced applications.
For our employees and shareholders our new name reaffirms our commitment to the development of a global brand and enhances the company’s growth and earnings potential.”
About CardBASE Technologies
CardBASE Technologies(R) (formerly CSI) is a European company serving world markets from offices in Ireland, the United States and Africa. Since its foundation in 1993, CardBASE Technologies has positioned itself at the forefront of eCommerce software solutions, providing innovative smart card management systems for the Internet, Banking, Oil Distribution and Airline Treasury Management.
CardBASE(R) offers clients the ability to issue smart cards, which can manage Multiple Applications, Card Personalization, Card Management, Transaction Processing and Settlement. CardBASE solutions have been specifically designed to support the Visa International led Common Electronic Purse Specification (CEPS) and Public Key Infrastructure (PKI) standards.
CardBASE Technologies Internet address will be [www.cardbase.com] from January 1, 2000.