American Express Press Release

ViVOtech’s Contactless Payment Products Receive American Express Certification

Contactless Payment Leader Furthers Commitment to High Quality Products
and Services in Support of ExpressPay Roll-outs

SANTA CLARA, Calif. June 20, 2005 – ViVOtech, the leading supplier of contactless payment solutions, today announced that its ViVOpay products have been certified by American Express? for use in its ExpressPay program. The certification guarantees the ViVOpay 3000 and 4000 readers conform to American Express’ reliability, security and performance standards.

The American Express certification is an industry recognized level of quality and operating performance. Using an independent lab, all certified products are tested and evaluated for software stability, security and interoperability.

ExpressPay, the American Express contactless payment alternative to cash, provides a safe and convenient way to make purchases. ExpressPay is being incorporated into the Blue from American Express® credit cards. Users simply hold Blue with ExpressPay next to a special reader like ViVOpay 3000 and 4000 at checkout to make purchases. Payment is authorized in seconds and no signature is required.

“With commercial roll-out of contactless payment technology now ramping up ViVOtech is well positioned to meet the demands of retailers and card issuers alike,” said Mick Mullagh, CEO of ViVOtech. “ViVOtech was the first supplier to have multiple contactless reader products certified by American Express. We anticipate significant demand in the marketplace as convenient stores, parking garages, stadiums and shopping centers continue to go contactless in the coming months.”

About ViVOtech
ViVOtech provides an end-to-end transaction platform that allows consumers to make contactless payments with radio frequency-enabled credit cards, debit cards, key fobs, cell phones, PDAs and identity cards. The company’s products are backwards compatible with today’s existing PoS infrastructure, providing seamless upgrades. With more than 80,000 of its contactless payment readers shipped around the world, ViVOtech products are found in Fast Food Restaurants (QSR), Casual Dining Establishments, Corporate Cafeterias, Parking Garages, and Movie Theaters as well as Convenience, Grocery, and Drug Stores. ViVOtech is headquartered in Santa Clara, Calif., 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