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Catuity Releases New CTI E-commerce Software; Data Pro Integrates CTI to Accounting Product for E-commerce Web Designers.


Business & Technology Editors

DETROIT--(BUSINESS WIRE)--Sept. 5, 2001

Catuity, Inc. (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
: CTTY CTTY Control Teletype
CTTY Console Teletype
; ASX ASX

See: Australian Stock Exchange
: CAT) today announced the release of its web-enabling product Customer Transaction Interface (CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. ).

This technology tool allows retailers to easily customize and integrate the Catuity loyalty systems into their e-commerce Internet sites.

Catuity and Data Pro also announced that the Catuity CTI software will be included as part of the Data Pro Accounting Software utilized by web developers for its smart card enabled e-commerce sites.

Michael V
For the Filipino comedian of similar name, see Michael V..


Michael V the Caulker or Kalaphates (Greek: Μιχαήλ Ε΄ Καλαφάτης,
. Howe, President of Catuity, made the announcements noting: "Catuity's software platform takes significant strides forward with the release of CTI. This software enables web developers using the Catuity system on the Internet to completely customize its interaction with a smart card. CTI provides web businesses with total control and flexibility. The inclusion of Catuity's CTI on Data Pro's overall web development software will make it much easier for merchants to interface loyalty to the payment and account systems and have total control of their e-commerce sites."

CTI is being well received by Catuity's channel partners. "Since all of our software development on the smart card front has been web-based and designed to run through a browser, this is an exciting and powerful new feature for us," stated Joel Brock, President of Data Pro Account Software of Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation).
Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6.
. "Our on-demand ticket printing capabilities through a browser will now be available to our customers through either our secure paper technology or immediately to a smart card. This is very significant as we move forward in this arena."

"We've been working closely with Catuity and look forward to implementing this final piece in our aggressive development agenda," stated Scott Fenimore, Executive Vice President of Data Pro Accounting Software, in Tampa, Florida. "We believe the impact on the market will be significant with what these new features will allow our organization to do and the benefits it will bring to our customers. Catuity's CTI allows us to get closer to customers because we can use our web-based Infinity COMMERCE web sites to drive all transaction activity. Users who have never experienced the need, or have wanted to use a smart card 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.  may soon find themselves with a whole new experience they may never want to live without again."

The delivery of Catuity CTI marks the second product release from the company in the past 30 days. Catuity recently announced Catuity Loyalty Over-the-Counter (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
), a new software development specifically designed to expand the benefits of gift and loyalty cards. Catuity OTC is being sold to retailers through its channel partners consisting of transaction processors, terminal sales organizations (ISOs) and merchant service companies.

Data Pro Account Software, Inc. (www.dpro.com) is a leading provider of advanced accounting and Internet commerce software applications. This includes Data Pro's unique DP/Helper technology that features the ability to print tickets through a browser on systems using Data Pro's back-office account systems and Infinity COMMERCE enabled web sites.

With thousands of customers installed worldwide since 1985, Data Pro has been successfully enabling a wide range of users from hotels such as Sheraton, Sandals Resorts and the Walt Disney World Dolphin The Walt Disney World Dolphin is a resort hotel designed by architect Michael Graves located between Epcot and Disney-MGM Studios next to Disney's BoardWalk Resort area. It opened in June, 1990 and is joined to its sister hotel, the Walt Disney World Swan (also designed by Graves)  and Swan to construction firms, wholesale/distributors, manufacturers, financial organizations and many other retail firms. Data Pro specializes in providing a wide range of financial software applications for both the Windows and UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
 operating environment, which are also fully web enabled.

Catuity, Inc. (www.catuity.com) is a leading provider of loyalty software systems. The Catuity software includes an integrated suite of applications that provide loyalty, ticketing, access control and membership. The Catuity Loyalty System is ubiquitous in that it can operate on any device, any card program and with any payment process, including stored value, smart cards and wireless applications. Catuity unites the brick-and-mortar retailer with the Internet to enable cross-sell capabilities with consistent brand imaging across all channels. The Catuity loyalty system is currently the only loyalty software approved by Visa USA for use by its member banks that issue smart cards with loyalty applications.

In conjunction with the provisions of the "Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" section 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, this release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors that could affect Catuity, Inc. is included in 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.
, which is filed with the U.S. Securities & Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 5, 2001
Words:769
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