Diebold – Certicom Team

Certicom Corp., a leading provider of cryptographic security technologies, today announced a licensing agreement with Diebold, Incorporated, a global leader in card-based transaction systems, security and service solutions. Certicom will provide Diebold with advanced data security technologies, based on Certicom’s Elliptic Curve Cryptography (ECC).

Certicom’s technology will secure Diebold’s entire product portfolio, for the financial, education, security and healthcare industries. In addition to protecting privacy through secure data storage and transmission, Certicom’s technology provides authentication and non-repudiation capabilities, guaranteeing user identity and supplying proof of transaction which are important to secure electronic commerce applications.

“The security and speed of Certicom’s technology in a range of development tools is critical for our diversified line of products where size and efficiency yields the competitive edge and nothing but the highest strength cryptography will suffice,” stated John Ziegler, strategic alliance director. “Certicom’s cryptographic expertise and leading ECC implementations made them the obvious choice as our technology partner.”

“Diebold is taking smart card systems into exciting new application areas,” said Rick Dalmazzi, executive vice president, sales and marketing for Certicom. “There are many emerging automated services Certicom will help Diebold secure. Together, our technologies provide more options, greater convenience and cost-savings for professionals and consumers in the broad range of industries Diebold serves.”

About Diebold, Incorporated

Diebold, Incorporated, (NYSEDBD) headquartered in Canton, Ohio, is a global leader in providing card-based transaction systems, security and service solutions to the financial, education and healthcare industries. Founded in 1859, the company develops, manufactures, sells and services automated teller machines, campus systems, smart card systems, electronic and physical security equipment, automated medication dispensing systems, integrated systems solutions, software and supplies.

About Certicom

Certicom is a leading provider of cryptographic technologies for computing and communications companies. Vendors of electronic commerce and digital communications products are integrating and deploying Certicom’s technology across a wide range of operating environments and devices to build the strongest, most efficient security into software, smart card and wireless applications. As information security architects, Certicom’s teams of cryptographers, engineers and developers provide comprehensive OEM solutions, from advanced cryptographic implementations to consulting for systems integration and development support. Certicom’s cryptographic research and product development is based in Toronto, Canada, with sales and marketing operations in San Mateo, CA. Certicom shares are traded on the Toronto Stock Exchange under the symbol “CIC”.


AAA Cheque Deal

AAA and American Express extended their long-standing partnership yesterday by signing a new five-year travelers cheque agreement. AAA is the world’s largest seller of American Express ‘Travelers Cheques’, with sales of more than $2 billion in 1997.  The first AAA-American Express Travelers Cheque agreement was signed in 1983.  Under terms of Wednesday’s agreement AmEx  will provide no-fee ‘American Express Travelers Cheques’ and ‘Cheques For Two’, fee-free encashment of AmEx ‘Travelers Cheques’ for AAA members in all currencies at all American Express-owned or operated foreign exchange offices outside of North America and establishment of a ‘Travelers Cheque Advisory Group’.  In addition, AAA members will not pay a fee to convert ‘Travelers Cheques’ into other foreign denomination travelers cheques.


Small Contactless Readers

Gemplus introduced Wednesday the ‘Micro680’, a contactless smart card reader that can be integrated into devices such as ticketing dispensers, bus ticket validators, handheld card readers, card reloading terminals, and vending machines.  Smaller in length and width than a credit card, the ‘Micro680’ reader enables system providers to integrate contactless smart card readers into devices that require contactless reader technology, such as teleticketing, toll collection, access control and electronic purse.  The ‘Micro680’ reader will be available in April and will be priced at less than $200 for volume purchases.


Deluxe — Bital

Deluxe Electronic Payment Systems signed an international licensing agreement with Bital of Mexico Wednesday.  Under the terms of the five-year agreement, Bital will license Deluxe’s EFT software and credit card processing and management software.  Bital will use Deluxe EFT software to drive and monitor its network of 2,500 ATMs, which it will expand to more than 3,000 by year’s end.


EDS and AT&T Universal Execs Join Equifax

Equifax announced Tuesday it was accelerating its global strategy by expanding its full line of transaction processing solutions, worldwide.  Leading this global effort are industry veterans, Gerald A. Hines and Thomas R. Malin.

Equifax named Thomas R. Malin senior vice president, global development for card and retail operations.  He is responsible for driving the Equifax Card and Retail Solutions’ full line of services into non-U.S. markets through appropriate joint ventures and alliances.  A 20-year veteran of the financial services industry, Malin joined Equifax from Electronic Data Systems where he was executive vice president and general manager of its card processing business.

Gerald A. Hines was named senior vice president in charge of card operations and technology.  Hines has more than 27 years in the industry and comes to Equifax from AT&T Universal Card Services where he was chief operating officer.

“Jerry Hines and Tom Malin will use their expertise and knowledge to lead our international as well as domestic growth,” said Lee Kennedy, Equifax executive vice president and group executive, “which will continue to be significant in the coming years.”

Equifax is a global leader in providing information, processing, consulting and software solutions that facilitate and enhance buyer-seller transactions worldwide.  The company serves businesses in the banking, finance, retail, credit card, telecommunications/utilities and health care administration industries.  Equifax is changing the shape of global commerce through growth and innovation, driven by technology and people.  It operates globally in 17 countries with sales in 40 countries.  Founded in 1899 in Atlanta, Equifax today has 10,000 employees around the world.  Revenues for the 12 months ended December 31, 1997, were $1.4 billion.  Visit the company’s Internet web site at .


NBS Gets Mondex Approval

NBS Technologies Inc.has received confirmation from Mondex International that the Impressions Series was issued a Mondex Type Approval Certificate on February 3, 1998. Combined with the proprietary NBS application software, a straightforward, over-the-counter, one-step solution is now available for issuers to personalize chip cards electronically while simultaneously printing personal details onto the customer’s card.

With this latest Mondex Type Approval, NBS has a complete range of desktop hardware and software solutions for issuing Mondex cards.

NBS is exhibiting its range of Javelin printers at Smart Card ’98 from February 17 through to February 19 at Olympia 2 in London, England. The range includes sophisticated printers for producing colour photo ID cards as well as a version suited to personalizing cards with monochrome text only.

The Impressions Series(TM) (Javelin) card printer range was launched last year and has a number of unique design features not normally available at this entry level. These include a liquid crystal display and an efficient case design to allow easy access for ribbon changes and servicing. The UK’s J300 model produces single-sided cards, while the J400 model offers a flip-over double sided option.

Ken Kivenko, NBS President and CEO, commented, “Since its launch, the Impression Series(TM) (Javelin), has established a significant presence in the market place and the ability now to personalize all types of smart cards – including Mondex – will ensure continued growth. This series complements other NBS card personalization hardware, including the Advantage 2000(TM) embosser and the ImageMaster(TM) thermal printer, which have already obtained Mondex Type Approval Certificates and are in use by smart card users around the globe.”

For a full product demonstration, please visit NBS on stand B13 at Smart Card ’98 at Olympia 2, London, UK, between February 17 and February 19, 1998.

NBS Technologies Inc. is a multinational company that designs, manufactures and markets an integrated line of plastic card, card issuance, identification and point-of-sale products, services and software. Customers, who cover a wide range of market segments and applications, include financial institutions, retailers, government agencies, and healthcare organizations. The Company is a Toronto-based public company that sells to customers in over 85 countries through facilities located in Canada, the United States and the United Kingdom.


BUYPASS Signs Hannaford Bros.

BUYPASS Corporation announced today that it has entered an agreement with Hannaford Bros. Co. (NYSE: HRD), a l4l-store multi-regional food retailer and wholesaler. BUYPASS will provide host-to-host debit and electronic benefits transfer (EBT) processing services for Hannaford Bros. Co.

“We are excited about developing a new relationship with BUYPASS Corporation,” said Jim Bongiorno, Retail Systems Manager at Hannaford Bros., Co. “We were a BUYPASS customer but left in 1992 because of difficulty gaining access to a major regional debit network in the Northeast, where we have a large concentration of stores. Since that time, the issue has been resolved, and we are looking forward to working with BUYPASS again. We chose BUYPASS for its customer focus and expertise in providing processing services to the supermarket industry,” said Bongiorno.

“We are very pleased to have Hannaford Bros. Co. back as one of our top customers,” said Scott Plumblee, senior vice president for supermarket/major retail at BUYPASS Corporation. “They have a great presence and reputation in the supermarket industry that dates back 115 years. We are proud that they have selected us,” said Plumblee.

Hannaford Bros. Co., headquartered in Portland, Maine, is a multi-regional food retailer and wholesaler founded in 1883 by the Hannaford brothers. Hannaford employs 22,000 people and includes 141 stores, 4 distribution centers, and 20 wholesale customers. A publicly traded company with $3.2 billion in annual sales, Hannaford’s markets include: Albany, New York; Bangor, Maine; Burlington, Vermont; Charlotte, North Carolina; Lowell, Massachusetts; Manchester, New Hampshire; Norfolk, Virginia; Portland, Maine; Raleigh, North Carolina; Richmond, Virginia; Virginia Beach, Virginia; and Wilmington, North Carolina. BUYPASS Corporation, headquartered in Atlanta, Georgia, is a major third-party POS processor and debit transaction acquirer with annual transaction volume of over 1 billion. BUYPASS provides processing for 50 of the top 200 grocery store chains in the United States. One out of every ten debit POS transactions performed in the United States is processed by BUYPASS. BUYPASS also has electronic benefits transfer (EBT) programs in 26 states and provides gateway access to over 50 credit, debit and EBTgateways.

Electronic Payment Services, Inc. (EPS), a privately held company headquartered in Wilmington, Delaware, is a leading electronic funds transfer (EFT) processor in the United States, with approximately 2.3 billion transactions annually. EPS is the holding company for BUYPASS Corporation and MONEY ACCESS SERVICE INC.


Bankruptcy Reform Impact

Ernst & Young released a report yesterday showing one fourth of Chapter 7 bankruptcy filers have enough income to repay at least one-third of their debts, while 10% of filers could pay all their debts. EY researchers also found that, had the ‘Bankruptcy Reform Act of 1998’ been in place in 1993, about 14% of Chapter 7 filers would have been required to file a repayment plan under Chapter 13. EY projects Chapter 7 filers forced into Chapter 13 could repay 63% of their unsecured, non-priority debt. The EY analysis is based on a study of 1,273 bankruptcy petitions filed in Boston in 1993.


NDC Acquires CheckRite

National Data Corporation and Data Broadcast Corporation (Nasdaq: DBCC)(DBCC), today announced a definitive agreement under which NDC will acquire substantially all of the assets of DBCC’s check services business, CheckRite.

CheckRite, based in Salt Lake City, is a leading provider of check services. It operates throughout the United States, primarily in Western and Midwestern markets. It currently serves approximately 35,000 merchants.

“This transaction complements our existing check services business,” said Tom Dunn, NDC’s general manager of Integrated Payment Systems. “It expands our range of services and product offerings, as well as our geographic reach, in a business that continues to perform very well for us.”

Mike Egan, executive vice president of CheckRite, stated, “This continues our long-standing relationship with NDC and will expand the products and services that we can offer our customers.”

CheckRite will operate within NDC’s Payment Systems line of business and continue to be based in Salt Lake City.

The acquisition is subject to the expiration of the waiting period under the Hart-Scott-Rodino Anti-Trust Improvements Act and other usual closing conditions.

National Data Corporation is a leading provider of payment systems solutions and health information services that add value to its customers’ operations.

When used in this report, press releases and elsewhere by management of National Data Corporation, from time to time, the words “believes,” “anticipates,” “expects” and similar expressions are intended to identify forward-looking statements concerning the Company’s operations, economic performance and financial condition, including in particular, the likelihood of the Company’s success in developing and expanding its business. These statements are based on a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company, and reflect future business decisions which are subject to change. A variety of factors could cause actual results to differ materially from those anticipated in the Company’s forward-looking statements, some of which include competition in the market for the Company’s services, continued expansion of the Company’s product and service offerings and other risk factors that are discussed from time to time in the Company’s Securities and Exchange Commission (“SEC”) reports and other filings. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. The Company undertakes no obligations to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or thereof, as the case may be, or to reflect the occurrence of unanticipated events.


NBS & Bull PTS Join NatWest Pilot

NBS Technologies Inc. through its UK subsidiary, NBS Limited, announced that NBS and Bull PTS were chosen to provide their smart card personalization solution for the APACS Integrated Circuit Card trial.

NBS Limited and its business partner Bull PTS, the global smart card technology division of Bull Information Systems, are providing a complete solution to allow NatWest to personalize smart cards. The cards are currently being piloted by NatWest credit and debit card holders as part of the UK APACS (Association of Payments Clearing Services) smart card trial currently taking place in Dunfermline and Northampton.

Data from the cards is passed from the NatWest debit or credit data centre to the card personalizing system at NatWest’s London site, where the Bull software enables two NBS desktop card personalization systems to encode the magnetic stripe and electronically personalize the smart chip, foil tip, emboss and indent print the cards.

The NBS-Bull solution enables NatWest to make each smart card a unique item, further enhancing the bank’s capability to offer a high quality secure payment solution to its card holders and at the same time reduce the risk of fraud.

Ken Kivenko, NBS President and CEO, commented, “The NatWest pilot is a prime example of how smart card technology combined with innovative personalization equipment can work in a live environment. The NBS-Bull partnership is not a new one–we are already working together on several projects across Europe and on transaction terminals in North America. We look forward to continuing our relationship with Bull and NatWest in the future.”

“NatWest has been at the forefront of the use and development of smart card technology and is committed to its trial in the debit/credit card arena,” said Bev Stevens, head of information services programs for NatWest Cards. “We chose NBS-Bull for its significant expertise in this area. Bull has been involved in other smart card rollouts of this kind with banks throughout France, where smart cards have been in use for some time. This, combined with Bull’s commitment to security and quality, made it a good choice of partner in this program,” he added.

The UK smart card trial has been running in Dunfermline and Northampton since October 1997 and means that NatWest customers are now using smart cards to make payments in place of conventional magnetic stripe cards. The smart cards retain the functionality of the magnetic stripe cards, and incorporate the latest technologies to enable secure transactions to be carried out at the allocated retail outlets. The trial is being conducted to assess the viability and acceptability of the card products while counteracting the rise in counterfeit fraud of plastic cards in the UK.

For further details, please visit NBS on stand B13 and Bull Information Systems on stand A26 at Smart Card ’98 at Olympia 2, London, UK, between February 17 – 19, 1998.

NBS Technologies Inc. is a multinational company that designs, manufactures and markets an integrated line of plastic card, card issuance, identification and point-of-sale products, services and software. Customers, who cover a wide range of market segments and applications, include financial institutions, retailers, government agencies, and healthcare organizations. The Company is a Toronto-based public company that sells to customers in over 85 countries through facilities located in Canada, the United States and the United Kingdom.


Marine Midland Selects NYCE ATM

Marine Midland Bank has signed an agreement to outsource automated teller machine processing to NYCE Corporation. In this capacity, NYCE will provide driving support, 24-hour terminal monitoring and gateway access for Marine Midland’s 420 ATMs in New York State. NYCE will also provide on-line stand-in authorization services for the bank’s one million ATM cards.

The multi-year agreement was announced by Dennis F. Lynch, president and chief executive officer of NYCE Corporation, and John A. Hamilton, executive vice president, information technology, Marine Midland Bank. The actual transfer of ATM processing is scheduled to take place later this year.

The bank’s electronic funds transfer (EFT) program spans the globe and supports numerous consumer initiated electronic transactions. Marine Midland decided to out-source selected activities to NYCE, a leader in electronic payments processing, as customer demand for the bank’s programs increased. Marine Midland, as an equity owner of NYCE, is not obligated to contract with NYCE for processing services and based its decision on the strength of NYCE’s product offering and support capabilities.

“Marine Midland is a leading financial services institution that understands first-hand the complexities of operating ATMs,” said Mr. Lynch. “The bank’s selection of NYCE for an end-to-end EFT processing solution underscores both the bank’s commitment to the service and our ability to deliver it effectively.”

“Our customers depend on our EFT services, and we are confident in NYCE’s ability to support them,” said Mr. Hamilton. “NYCE’s reliable technology, strong customer service and exceptional industry experience ensure that we will always be able to provide our customers with superior quality and convenience.”

Marine Midland Bank, headquartered in Buffalo, N.Y., is a New York State regional banking organization, with nearly $32 billion in assets and more than 380 branches. It is the principal subsidiary of HSBC Americas, Inc., an indirectly-held, wholly-owned subsidiary of HSBC Holdings plc. With more than 5,500 offices in 79 countries and territories and assets of $458 billion at June 30, 1997, the HSBC Group is one of the world’s largest banking and financial services organizations.

Based in Woodcliff Lake, N.J., NYCE Corporation provides financial institutions with flexible, state-of-the-art processing services that include telephone- and PC-based banking and bill payment solutions, ATM terminal driving, card authorization, card management, and gateway access. The corporation also operates the NYCE Network, the largest shared regional electronic funds transfer (EFT) network in the Northeast.