Association Award Recognizes Development of Outstanding Applications Using Advanced Card Technologies

AIX-EN-PROVENCE, France, October 17, 2008–INSIDE Contactless, a leading provider of advanced, open-standard contactless chip technologies, today announced that the company was recognized by ACT Canada, a nonprofit stakeholders membership organization that serves as the authority on contactless technology in the Canadian market, as winner of its Lorne Boates Award. The award validates INSIDE’s role as a thought leader and innovator in contactless applications and its impact on the Canadian contactless market.

“INSIDE’s MicroPass® contactless payment platform has rapidly commanded a market-leading position in Canada, helping to create adoption momentum for contactless solutions,” said Catherine Johnston, president and CEO, ACT Canada. “The company’s committed efforts in meeting the need of Canadian bank card issuers and consumers made it a compelling choice for the Lorne Boates Award.”

The INSIDE MicroPass contactless platform was chosen by Canadian issuers and card manufacturers because it was fully certified, secure, and available in abundant quantities to meet aggressive time-to-market deadlines. Coupled with the platform’s proven performance in global markets, INSIDE MicroPass has emerged as the platform of choice for contactless payment in Canada. MicroPass platforms already power thousands of contactless consumer transactions in Canada’s grocery, restaurant, theater, gas stations, and retail outlets.

“We are delighted with the award and pleased to play such an integral role in Canada’s adoption of contactless technology,” said Kim Madore, vice president of sales and business development, Canada, for INSIDE Contactless. “As Canada continues its migration to EMV, we will continue to work closely with card issuers and other organizations to support their requirements and simplify convergence of EMV and other non-contactless applications.”

The ACT Lorne Boates Award was presented to INSIDE Contactless at ACT Canada’s Cardware 08: Securing Payment conference, held October 8-9 in Kitchener-Waterloo, Ontario, Canada.

About ACT Canada

ACT Canada is the authority on the Canadian market, supporting our members through working with key stakeholders. The organization helps members understand the market, public and private sector applications and potential barriers. It facilitates knowledge transfer and thought leadership through a neutral forum, while expanding members’ networks. Founded in 1989, ACT Canada is a non-profit membership association.

About INSIDE Contactless

INSIDE Contactless is the global leader in open-standard contactless payment and Near Field Communication (NFC) semiconductors and software that power the next generation of payment, transit, identity and access control applications. The company’s intelligent, microprocessor-based platforms offer the flexibility to be embedded in smart cards, mobile phones and other consumer electronic devices, documents, badges and other items to support a wide range of innovative contactless applications and bring new levels of convenience to users. INSIDE has delivered more than 250 million contactless platforms worldwide to customers and partners that include many of the leading payment card and mobile phone manufacturers, systems integrators, and financial institutions. With a portfolio of 55 families of patents, including several essential NFC patents, the company has played a leading role in NFC and contactless innovation. INSIDE is headquartered in Aix-en-Provence, France, with offices in Shanghai, Singapore, Warsaw, Seoul, and Silicon Valley. For more information, please visit http://www.insidecontactless.com.

Contact

INSIDE Contactless
Géraldine Miallet
+33 4 45 39 33 01
gmiallet@insidefr.com

Press Contacts

Elise Koenig
AxiCom
+33 1 41 06 18 07
elise@axicom-france.com

Jean-Marie Amoros
AxiCom
+33 1 41 06 18 05
jeanmarie@axicom-france.com