ACI Selected as Member of New Hong Kong Passport Development Team.ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative Joins Consortium of Suppliers to Develop and Deliver e-Passport Solution OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb. -- ACI Worldwide (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TSAI TSAI Transaction Systems Architects Inc ), a leading international provider of enterprise payment solutions, today announced that the company has been selected as the exclusive supplier of the Travel Document Management System for the Electronic Passport System (e-Passport) of the Immigration Department Immigration Department can be referred to these meanings as below:
"ACI Smart Chip Manager is recognized as a leading smart card management solution for banking and ID, where security, performance and flexibility are critical," said Don McLarty, President Asia/Pacific, ACI Worldwide. "The project will capitalize on Smart Chip Manager's advanced functionality, much of which has already been implemented in the state-of-the-art Hong Kong Smart ID Card System." The e-Passport project was started in January 2006. The system is set up to produce 3500 electronic travel documents per day. Smart Chip Manager offers a multifunction lifecycle management solution designed to control every aspect of a smart card and the applications that reside on it. In the case of the e-Passport project, the software will enable e-passport issuing and lifecycle management including stock management functionality where the solution manages the e-passport stock in branches and headquarters. Essentially the software will manage the various electronic travel documents as if they were smart cards. About Immigration Department of the Government of the Hong Kong SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL. SAR - segmentation and reassembly The Immigration Department, apart from controlling the movement of people into and out of the HKSAR HKSAR Hong Kong Special Administrative Region , also provides services to local residents including the issue of HKSAR passports and other travel documents, visas and identity cards, the handling of nationality matters and the registration of births, deaths and marriages. Considerable effort also goes into detecting and prosecuting immigration law offenders, and removing illegal immigrants. About ACI Worldwide Every second of every day, ACI solutions are at work processing electronic payments, managing risk, automating back office systems and providing application infrastructure services. Founded in 1975, ACI is a leading international provider of solutions for consumer and wholesale banking, retail and cross-industry systems. ACI serves nearly 800 customers in 83 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide on the Internet at www.aciworldwide.com. Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.'s ("TSA TSA See tax-sheltered annuity (TSA). "), its subsidiaries or third parties' expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially. For a detailed discussion of these and other risk factors, interested parties should review the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on December 14, 2005, the Company's Form 10Q filed on February 9, 2006, the Company's Form 10Q filed on May 10, 2006, and the Company's Form 10Q filed on August 9, 2006. |
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