Innovative Card Technologies CEO/Founder to Present at the C.E. Unterberg Towbin Emerging Growth Conference (Live Webcast Available).LOS ANGELES -- Company's Revolutionary Credit Card Form Factor OTP (1) (One Time Programmable) Refers to programming content or logic into chips such as EPROMs and EEPROMs, which cannot be reversed. See antifuse. (2) (One Time P DisplayCard Brings Proven Security Against Fraud to Online Banking, Brokerage and Commerce Innovative Card Technologies (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :INVC), developer of the breakthrough one-time-password (OTP) DisplayCard for secure online transactions, announces that the company's founder 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. , Alan Finkelstein, will make a presentation featuring the One Time Password ("OTP") DisplayCard at the C.E. Unterberg Towbin Emerging Growth Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. on Wednesday, July 12, at 11:40amEST. The company's OTP DisplayCard, when combined with a static passcode, will satisfy the FFIEC FFIEC Federal Financial Institutions Examination Council and FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). requirement for dual factor authentication. The OTP DisplayCard, which is in a bank transaction card credit card form factor, includes all of the technology of the existing OTP tokens in the market. Interested parties can listen to the presentation live over the Internet via a webcast provided by C.E. Unterberg Towbin: www.wsw.com/webcast/ceut4/invc.ob/. Registration is recommended at least 15 minutes prior to commencement to allow for time to download and install any necessary audio software. The company's slide presentation that will accompany Finkelstein's presentation will also be available for viewing. The replay of the presentation and accompanying slides will be available through October 12, 2006. About Innovative Card Technologies Innovative Card Technologies (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :INVC.OB) develops breakthrough online security solutions. Its one-time-password (OTP) DisplayCard is powered by its proprietary Power Inlay Technology. This technology enables a wafer-thin chip, battery, circuit and switch to generate a dynamic OTP in a standard credit-card form factor. www.incardtech.com This press release contains forward-looking statements. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. The Innovative Card Technologies, Inc. refers interested persons to its most recent Annual Report on Form 10-KSB and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements. |
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