SmartCentric Press Release

SmartCentric and ViVOtech partner to add Contactless Point of Sale to SmartCity®

Dublin, Ireland and West Palm Beach, Florida, United States:

March 27, 2006 - SmartCentric Technologies International Ltd (SmartCentric), the leading provider of smart card systems, has partnered with ViVOtech to offer contactless Point of Sale devices on the popular SmartCity® product. ViVOtech is the market leader for contactless payment readers for existing and new Point of Sale terminals, allowing cardholders to use quick and convenient contactless card technology for purchases and loyalty.

The smart card market is rapidly moving towards the use of contactless cards for purchases that are currently use cash. The SmartCity® system has provided contact card systems to its 5 million issued card base worldwide since 1996, and since 2005 has been offering contactless to its customers.

Kieran Timmins, CEO of SmartCentric Technologies comments “The partnership with ViVOtech allows us to add contactless readers onto existing conventional Point of Sale devices, thus allowing our customers to maintain their investment in Point of Sale infrastructure. It also allows us to offer the flexibility of allowing payments using contact, contactless or both technologies, in the one Point of Sale device”

“We are delighted to partner with SmartCentric”, says Mohammad Khan, President and Founder of ViVOtech, “the addition of the ViVOtech technology to SmartCity® offers campuses and businesses the option to leverage existing contactless access control card systems for payments in and around the campuses offering cardholders increased transaction speed and convenience of one multiple use card.”


About SmartCentric Technologies International Limited

SmartCentric Technologies International is a specialist technology company focused on secure payments and transactions and multi-application smart card systems. SmartCentric's flagship product, SmartCity®, was originally developed by the SmartCentric team in the early 1990's and has evolved into a trusted worldwide card solution. SmartCity® is a Multi-Application Smart Card based system which has many wide-ranging uses, such as stored value, loyalty, gift cards, logical access, physical access, biometrics, car parking and ticketing. SmartCity® is based on international standards and is teamed with best of breed industry partners to deliver leading edge technology and first class client friendly solutions.

SmartCity® has been used in over 90 sites worldwide with over 5 million cards issued in diverse sites such as colleges, government offices, military establishments, banks, cities, towns, shopping areas, and stadiums.

Contact Points

Region

Name

Phone

Email Address

Worldwide

Kieran J Timmins

+353 1 854 0501

kieran.timmins@smartcentric.com

North America

Chris Rizzetto

+1 561 228 1826

chris.rizzetto@smartcentric.com

Europe

Denise Sweeney

+353 87 823 5551

denise.sweeney@smartcentric.com

For further information please visit us on www.smartcentric.com


About ViVOtech
ViVOtech is the market leader in contactless payment software, readers, cards, fobs and transaction management systems. These solutions allow consumers to make contactless payments with radio frequency-enabled credit cards, debit cards, key fobs, and NFC enabled mobile phones. With more than 140,000 units shipped, ViVOtech's products are being used by corporations and college campuses as well as movie theatres, fast food restaurants (QSR), casual dining establishments, convenience stores, gas stations, drug stores, grocery and vending machine locations enabling them to accept contactless payments. ViVOtech is headquartered in Santa Clara, California, with offices in Europe and Asia. In 2005, ViVOtech received the prestigious Frost & Sullivan technology award for its role in transforming the contactless payment industry.

Editorial Contact:
Janice Mackey
Weber Shandwick, for ViVOtech
408-530-8400 ex 2223
jmackey@webershandwick.com