Bull CP8 and Banksys Ltd. announce joint marketing agreement; Partnership will result in world's largest operating electronic purse system.ATLANTA--(BUSINESS WIRE)--May 13, 1996--Bull CP8 and Banksys Ltd., Brussels, announced today that they have joined forces in a non-exclusive worldwide marketing agreement, under which Bull CP8 will offer stored value solutions based on the Banksys Proton Electronic Purse system. Proton is the world's most widely implemented stored value card system. The Proton Electronic Purse system, developed by Banksys, is based on Bull CP8 CC60 and CC1000 cash cards. Bull CP8 will provide more than 10 million cards during 1996 for use in Proton programs currently underway in Belgium, the Netherlands, Switzerland, Australia, Brazil and Sweden. Bull CP8 will market the Proton system aggressively in additional markets worldwide. "This agreement will enable both companies to leverage their respective strengths to accelerate the implementation of the Proton/CC60 system, the world's most secure electronic purse system, jointly developed by Bull CP8 and Banksys," said Geraldine Capdeboscq, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bull CP8. "The success of Proton is due to the fact that it is the only system that can be implemented in a few months for large-scale pilots," said Guy Alloin, managing director of Banksys. "Several manufacturers are now implementing Proton specifications in their chips which will help us to spread our solutions even faster. This agreement with Bull CP8 is particularly significant as it will boost sales in countries where we are not established." About Banksys Ltd. Banksys Ltd., Brussels, runs the national Belgian ATM-POS operation on behalf of issuing banks Issuing bank Bank that issues a letter of credit. , who are the company's only shareholders. This structure ensures Banksys' stability and long-term presence in its field. In the international market, Banksys has more than 10 years of experience marketing its debit/credit card authorization system, and has reference accounts in 15 countries. Unlike "classical" software companies, Banksys uses the systems internally prior to general market release, an approach that helps ensure a quality product that meets customer requirements. Banksys is committed to developing Proton to support emerging standards, (EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet , etc.) and to deliver comprehensive value-added solutions, including loyalty, affinity and ticketing applications. About Bull CP8 and Micro Card Technologies Bull CP8 is the world leader for smart card solutions, with a 60 percent market share in microprocessor-based, high-security smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. . Based in Vienna, Va., Micro Card Technologies, Inc., is the marketing arm in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. for Bull CP8. Micro Card/Bull CP8 develops and offers a range of products, including: contact/contactless smart cards, secure card operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. , turnkey payment cards and electronic purse systems, WAN/LAN security systems, automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATMs), electronic cash dispensers, statement printers, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale terminals and software. Services include full technical and applications consulting, training and customer service and support. About Bull With a presence in more than 90 countries, over 23,000 employees and combined revenue of more than $5.3 billion, Bull is one of the world's largest information technology companies and a major systems and technology integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. , offering a comprehensive range of solutions, services and support capabilities for use in multivendor environments. The company's Web address is: http://www.bull.com. -0- All trademarks, service marks and company names are the property of their respective owners. CONTACT: Bill Bradley For other uses, see Bill Bradley (disambiguation) and William Bradley. William Warren "Bill" Bradley (born July 28, 1943) is an American hall of fame basketball player, Rhodes scholar, and former U.S. Bull HN Information Systems Inc. 508/294-5812 b.bradley@ma30.bull.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion