together with its partners Logicon and Smart Dynamics -- ERG smartcard stuff2

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Subject: together with its partners Logicon and Smart Dynamics

Author:
Catuity/Northrop GrunmannSeptember 15, 2000 Visa

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Date Posted: 06:58:43 01/11/03 Sat

Catuity secures US Visa loyalty
September 15, 2000
Software company, Catuity Inc (CAT) has secured a deal in the US chip card market, having been named as the key solution provider for the loyalty software in the newly announced smart Visa Technology Platform from Visa USA.

The smart Visa Technology Platform is a pre-packaged multi-application chip card platform that reduces cost and time to market for financial institutions issuing chip cards. The platform is comprised of three chip card applications - smart Visa Payment, smart Visa Access and smart Visa Loyalty.

Catuity has played a leading role in the development of the smart Visa Loyalty platform and, together with its partners Logicon and Smart Dynamics, will continue to provide the software and hardware consultation for implementation and support of Visa Members, smart Visa Loyalty is a comprehensive loyalty platform that allows Visa financial institutions and merchants to customise rewards and promotions for cardholders at both conventional in-store payment locations and over the Internet.

"We believe that smart Visa is the future of payment systems and our product is a part of that future. The potential for the opportunity that is now open to us is huge both in America and the rest of th world. We believe the combination of payment, loyalty and access enhances the cardholder value proposition," said Michael Howe President and Chief Executive Officer of Catuity, Inc.

At 1026 AEDT Catuity shares were $2.00 higher at $17.00.

< i>For more news and information on Catuity, go to the Search Egoli menu.

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Replies:

Subject	Author	Date
Re: together with its partners Logicon and Smart Dynamics	Target USA	09:35:20 01/12/03 Sun