CSI Announces Alliance With DataCard Corp.VANCOUVER, British Columbia--(BUSINESS WIRE)--July 7, 1998--CSI Credit Systems International Inc. (VSE See DOS/VSE. VSE - Virtual Storage Extended :CSU See DSU/CSU. 1. CSU - California State University. 2. CSU - Cleveland State University. 3. CSU - Channel Service Unit. ) President James Christensen announced today that a major agreement has been reached with DataCard(R) Financial Systems Corporation that will see DataCard(R) selling CSI's ERNEX(tm) electronic marketing service in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The agreement will allow CSI's ERNEX system to be operated on DataCard's JIGSAW(R) terminal. The JIGSAW is a state-of-the-art transaction terminal with similar capabilities to that of CSI's GT-100 terminal. Any merchant or retail chain using the JIGSAW will now be able to run a real-time loyalty program including points, electronic gift certificates, instant win programs, or any other electronic marketing service offered through the ERNEX service. The terms of the agreement will enable DataCard to sell loyalty programs as a value-added feature for it's JIGSAW terminal. DataCard have committed a full-time sales force to selling ERNEX services where theywill benefit from a terminal sale and a percentage of the ERNEX transaction fees. CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International may still sell into the U.S. market directly by utilizing its own GT-100 terminal or through the DataCard JIGSAW. DataCard is a world leader in card based solutions with revenues over $400 million. DataCard has over 2,500 employees and offices worldwide. DataCard Financial Systems Corporation has terminals deployed worldwide and have designed the JIGSAW with the expectation of international growth. "This arrangement works well for both parties as DataCard can now offer a powerful added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"ERNEX makes Jigsaw an even more comprehensive POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale solution for retailers," said John Mamalakis, senior vice president for DataCard's financial systems unit. "Now, they can use Jigsaw to read magnetic stripe cards A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. and 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. , quickly authorize financial transactions, execute high-impact loyalty programs and build a powerful marketing database. That's a lot of capabilities from a small, low-cost platform. "ERNEX provides retailers with powerful new one-to-one marketing opportunities. With just a swipe of a card, they can acknowledge their best customers while they're standing right in front of them. That's a great way to build loyalty." CSI is positioned to lead businesses into the future through the innovative management of transaction information, utilizing its multifunctional point of sale terminals and advanced parking equipment, value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. card programs and data collection. The VSE has neither approved nor disapproved the contents of this release.
CONTACT: CSI Credit Systems International Inc.
James Christensen, 604/415-1500
investors@csicredit.com
www.csicredit.com
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