ViVOpay PROX and ViVOpay iCLASS Press Release

VIVOTECH™ EXTENDS PAYMENT PLATFORM TO HID® CONTACTLESS ACCESS CARDS

Launches ViVOpay PROX and ViVOpay iCLASSTM for a secure and convenient payment experience at corporate campuses

New Orleans, ASIS 2003, September 15, 2003 – ViVOtech today announced that it has integrated its unique contactless payment products with HID’s proximity and iCLASS technologies, giving corporate campus users a one-card solution for both secure access and payments. The new products, ViVOPay PROX and ViVOpay iCLASS read the HID card number and send it to the cash register making the payment experience safe and convenient.

ViVOpay PROX and ViVOpay iCLASS readers connect to point-of-sale (POS) terminals or electronic cash registers allowing cardholders at corporate campuses to simply present their security access card to make a payment. The payments can be processed through ViVOtech’s software suite called ViVOplatform that links the personal data of an individual stored in the security office with the POS system making a seamless transaction in the closed loop.

ViVOpay PROX and ViVOpay iCLASS readers allow employees in the corporate campus to enjoy increased convenience and enhanced productivity by eliminating checkout lines at the cafeteria and retaining them on campus. Moreover, cardholders can store value on HID’s iCLASS cards either on the card, the network, or both making a complete payment without the need to buy additional credentials or magnetic stripe cards. To charge value, cardholders can give a payment at the cash register or they can load value into the network over a secure Internet session.

“Customers have been demanding a one card solution for payments and ViVOtech is continuing its commitment to provide its customers with revenue generating opportunities as well as a convenient and delightful payment experience for end users” said Jorge Fernandes, CEO of ViVOtech.
“ With the added payment functionality, the ViVOpay PROX and ViVOpay iCLASS products are a logical extension of HID’s secure technology,” said Mark Scaparro, Executive Vice President of Sales and Marketing, HID Corporation. “More corporations are looking to leverage their existing HID credentials. We are excited to collaborate with ViVOtech to extend the functionality of the HID security credential into a payment vehicle.”

Additionally, with ViVOpay PROX and ViVOpay iCLASS, merchants and corporate cafeterias can easily implement prepaid, loyalty and incentive programs for HID cardholders. By adding a low-cost ViVOpay reader to the system, the existing payment infrastructure can be used to accept ViVOpay PROX and ViVOpay iCLASS cards. Moreover, the installation is simple and payments are “Quicker than Cash and Safer than Checks” (SM).

ViVOtech will demonstrate the ViVOpay PROX and ViVOpay iCLASS products at the HID booth number 1517 at the ASIS trade show, New Orleans September 15-18th. ViVOtech will also be showcasing the ViVOplatform, a software suite that has applications such as prepaid, loyalty, and incentive programs.

About ViVOtech, Inc.
ViVOtech's breakthrough technology is driving next generation electronic payments worldwide. With the company's software, customers can make contactless payments with radio frequency (RF) enabled credit cards, access cards and infrared cell phones at existing point-of-sale (POS) systems. Up until now, contactless payments faced an insurmountable obstacle to growth - billions in cost to replace or upgrade the installed base of 30 million merchant POS terminals. ViVOtech solutions upgrade existing magnetic stripe POS terminals in minutes so they can accept contactless payments – payments that are faster than cash, safer than checks. Customers simply wave their contactless cards or point their cell phones or PDAs to make a payment transaction. Using ViVOtech's enabling plug and play technology, financial institutions, wireless operators and retailers, can increase revenues significantly. ViVOtech is headquartered in Santa Clara, Calif., with offices in Europe and Asia. The company is partnering with MasterCard International in contactless payment trials for its PayPass™ program in Orlando, FL, and Dallas, TX. ViVOtech has also been working with other card companies. To learn more, please visit www.vivotech.com.

About HID Corporation
As the largest manufacturer of contactless access control readers and cards for the security industry, HID has shipped over 150 million credentials to customers worldwide. HID pioneered the development of radio frequency identification (RFID) technology for physical access control. Proximity and iCLASS™ technologies can be housed on the same credential and combined with other technologies such as magnetic stripe, barcode, or contact smart chip modules. This provides users the ability to leverage their investment in existing systems while seamlessly upgrading to new technologies and adding new applications. For increased security, users can add a photo ID or anti-counterfeiting element such as a hologram or ultraviolet ink. HID’s experience in developing card technologies enables them to play a critical role in the evolution and adoption of contactless smart card technology used for applications such as access control, IT secure authentication, digital cash, the storage of biometric templates, and the storage and retrieval of critical information. For more information on HID, visit their website at www.hidcorp.com.

Editorial Contact :
Seema Kalra
Weber Shandwick, for ViVOtech
408.559.6090
skalra@webershandwick.com

ViVOtech and ViVOpay and are registered trademarks of ViVOtech, Inc. Other brand and product names are registered trademarks or trademarks of their respective holders.