Bell ID and TechTrex Inc. announce cooperation agreement

Bell ID and TechTrex Inc. announce cooperation agreement

Rotterdam, 16th August 2007–Bell ID and TechTrex Inc. today jointly announced a cooperative agreement. The companies’ activities under the agreement will focus primarily on promoting Bell ID’s state of the art system, ANDiS, in the emerging Smart Card Management System (SCMS) market in China.

With this agreement, TechTrex Inc. and Bell ID will offer a unique value proposition to customers for an end-to-end enterprise SCMS solution that will be integrated with other enterprise applications. Customer challenges typically include the management of the life-cycles and all processes related to cards, applications and cryptographic keys while at the same time providing the highest level of security one could possibly expect. This may translate to the capability of instant issuance or post issuance for tens of million of cardholders in hundreds of bank branches across China.

“We signed this agreement because of TechTrex Inc’s excellent experience in EMV Banking and Government Issuance projects. This coupled with their existing sales channels, strong presence and R&D capabilities in Asia Pacific and particularly in China makes TechTrex Inc an ideal partner to address banks and government agencies’ needs for enterprise SCMS solutions,” said René van Rosmalen, Sales Executive, Bell ID. “The TechTrex Inc. relationship will complement Bell ID’s existing SCMS strategy by delivering client value in emerging markets such as China and growth industries.”

The new relationship will allow both companies to develop and deploy a broader, more strategic go-to-market plan that capitalizes on both companies’ respective strengths. The cooperative agreement combines TechTrex Inc. and Bell ID sales and marketing efforts and integrates TechTrex Inc. solutions with Bell ID’s industry-leading SCMS software products.

“As TechTrex Inc. aggressively pursues our business targets, we continue to evaluate new strategies to expand our reach and the overall value of our solutions into emerging geographies like China” said Victor Chan, Executive Vice-President, Business Development , TechTrex Inc. “With this partnership, TechTrex Inc’s industry-unique integral approach to smart card personalization solution combined with open, scalable SCMS solutions from Bell ID will offer banks and government agencies advantages that will lead to faster product deployment in Post Issuance, Instant Issuance, and Multiple Smart Card Application Management, with higher quality results.”

About TechTrex Inc.

TechTrex Inc provides unique, cost-effective solutions exclusively for the card payment and issuance industry. TechTrex leverages international development and manufacturing capabilities to deliver solutions faster and at a much lower price point than current competitors. TechTrex has world class experience in smart card personalisation and plastic card issuance solutions. The Company designs, develops, manufactures, and markets card personalisation solutions, POS systems, consulting services, and software. TechTrex Inc. has operations in Canada, the United States, Japan, China, Korea and authorised dealers worldwide. Customers include financial institutions, payment processors, service bureaus, government agencies, and loyalty marketing organisations. For more information, visit http://www.techtrex.com.

About Bell ID

Bell ID is a worldwide technology leader in the field of card, application and key management, With projects throughout the world, including Canada, South Africa and Macau, Bell ID has unrivalled international references in government ID, corporate ID, health care and banking. Bell ID’s ANDiS range now also includes solutions for the management of payment and other applications on mobile phones. For more information please visit http://www.bellid.com or email info@bellid.com.

For more information about this press release please contact:

TechTrex Inc.
Victor Chan
victor@techtrex.com
Phone: +1 905 856-7302

Bell ID
Anya Curtis
a.curtis@bellid.com
Phone: +31 (0) 10 885 1014

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