Aix en Provence, France, May 3rd, 2007–INSIDE Contactless, a leading provider of advanced, open standard contactless chip technologies, today announced that it is working with the Smart Card Alliance, SourceMedia, CPI Card Group, the Discover Network to host a Webinar entitled: Contactless Payments – Issuers Meet Demand for Speed and Convenience. This event is scheduled to take place at 12:00 Noon EST on Thursday, May 3rd.

This educational web seminar will provide participants with a detailed understanding of what is driving the move towards contactless payments in the U.S. It will provide guidance form current contactless debit and credit card issuers on how future issuers can take advantage of the many benefits that contactless payments bring. Participating companies, including IBM, Wells Fargo, KeyBank, BB&T, the Smart Card Alliance and Inside Contactless, will share their perspectives on contactless payment adoption and implementation.

“Today, millions of consumers use contactless credit cards to pay for purchases at almost 50,000 retail outlets throughout the United States,” said Charles Walton, Executive Vice President for Payments for INSIDE Contactless, and Co-Chairman of the Smart Card Alliance’s Contactless Payments Council. “The speed and convenience associated with contactless technology is fuelling extensive growth, and we’ll discuss the issues, trends and challenges that are currently being addressed in order to further increase the adoption rate for contactless payments in the US, and around the globe.”

Additional speakers participating in the Webinar include:

• Deborah Baxley, Partner, Leader of the Strategy and Change Consulting Practice for Financial Services – IBM Canada
• Peter Ho, Vice President, Product Development -Wells Fargo
• Carl Stauffeneger, Senior VP, Consumer Product Management -KeyBank
• Jeff Tansill, Senior Vice President – BB&T
• And Randy Vanderhoof, Executive Director – Smart Card Alliance

INSIDE Contactless is sponsoring this Webinar as part of its active involvement with the Smart Card Alliance’s Leadership Council. The Smart Card Alliance is a non-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology. Additional information on this event can be found at: http://register.sourcemediaconferences.com/webevent/smart_registration_form.cfm?sourcecode=promo1

About INSIDE Contactless

Founded in 1995, INSIDE is headquartered in France and with global presence in China, Singapore, Poland and the USA. INSIDE is uniquely positioned as the only fabless semiconductor company solely dedicated to the advancement of contactless technology, leveraging one of the industry’s largest intellectual property portfolios. Through strategic emphasis in Contactless Payments and Near Field Communications (NFC), INSIDE has been on a rapid growth track over the past two years with more than 12M chips delivered for contactless payment cards in the US market and a dominant position in driving NFC standardization and pilot deployments. For more information, http://www.insidecontactless.com.