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AmaTech Acquires NBS Card Services: Contactless Smart Card Technology plus Secure Card Manufacturing.


Business Editors/Technology Writers

COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition).  Fall 2000

CHANDLER, Ariz.--(BUSINESS WIRE)--Nov. 13, 2000

The Leader in Contactless Smart-card Technology Now has Secure Card (Visa/MasterCard) Manufacturing Capability, Opening the Door to a New

Era in Smart-card Application and Acceptance

AmaTech USA, Inc., the world's leader in contactless smart-card manufacturing and development, announces the acquisition of NBS (National Bureau of Standards) See NIST.

NBS - National Bureau of Standards: part of the US Department of Commerce, now NIST.
 Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card.  Inc., a certified provider for VISA and MasterCard, by AmaTech AG. NBS, a leading manufacturer of credit cards in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , supplies well over 50 million of these secure cards each year to some of the largest issuing institutions.

Contactless cards can be read by simply passing them within several inches of the reader, even while they're snug in a wallet or purse. No fumbling. The customer keeps possession of his card at all times.

AmaTech is the first company in North America with the capability to combine the power and convenience of contactless smart-card technology with the universal acceptability of VISA and MasterCard on a broad commercial basis. This opens the door to the general acceptance and use of contactless smart cards in a wide range of industries including banking, retail, public transportation, automotive, entertainment, healthcare, and network security, promising unprecedented convenience and security for consumers.

Contactless cards are superior in numerous ways to cards using mag-stripe and other contacts to access data. Using contactless smart-card access, consumers breeze through lines for trains, planes, movies, concerts, gas stations, and toll booths. They experience no more mag-stripe problems. Even hostile environments pose no obstacle to card access; you could use a smart card underwater if needed. Combined with the secure-card technology used by credit-card manufacturers, the applications are limitless.

"Contactless is to contact as mag stripe was to embossed em·boss  
tr.v. em·bossed, em·boss·ing, em·boss·es
1. To mold or carve in relief: emboss a design on a coin.

2.
 numbers and carbon paper," explains Dennis Ryan, President of AmaTech USA.

Multiple applications, such as stored value and payment functionality, access control and user authentication, file encryption and Internet-based e-commerce security, and the storage of medical information, personal contacts, and other data, can also be included on a single smart card.

"A wallet stuffed with numerous credit, access, and loyalty cards could be a thing of the past," adds Ryan, "all replaced by one easy-to-use, multiple-application contactless smart card."

"I'm looking forward to seeing what new applications people can dream up," states Ray Freeman, AmaTech's Chief Technology Officer, "By matching NBS' secure production facilities to AmaTech's unmatched technological resources, we can support just about anything."

Atmel, Hewlett-Packard, Hitachi, Infineon, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Microchip Technology, Microsoft, Philips, Sun Microsystems, Toshiba and many others have all made commitments to facilitating the development of smart-card applications. Amatech provides the broad manufacturing capability and technical know-how to supply the actual cards for any and all applications and systems, and to ensure that contactless technology becomes the industry standard.

AmaTech also offers combi cards featuring both contactless and contact functions to provide flexibility and to facilitate the transition to the new contactless technology.

Come see AmaTech's contactless smart cards at Comdex 2000, booth S1474, and learn more about what this technology can do for you.

AmaTech USA, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of AmaTech AG, (Security Code Number - WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany)
WKN Warrior Knowledge Network (US Army) 
 519 280), a world leader in the volume production of radio frequency identification See RFID.  (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) systems and components such as contactless smart cards, smart labels, tags and readers as well as applications software and system solutions. This globally operating company operating company

A business that engages in transactions with outsiders.
 holds 72 worldwide patents on products, machines and manufacturing processes in the identification technology sector; an additional 88 patents are still pending. AmaTech USA's Product Development, Customer Service and Corporate Sales Offices are located at 460 Benson Lane, Suite 12, Chandler, AZ 85224. You can reach the company by phone at 480-726-8800, or via the Internet at http://www.amatechusa.com.

NBS Card Services Inc., headquartered in South Plainfield, New Jersey South Plainfield is a Borough in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the borough population was 21,810.

South Plainfield was incorporated by an Act of the New Jersey Legislature on March 10, 1926, from portions of Piscataway
, was a subsidiary of Mist Inc., a Canadian company.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 13, 2000
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