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.

Read more: INSIDE Contactless Wins ACT Canada Lorne Boates Award

American Banknote Brazil Achieves Type Approval for MicroPass-Powered Bank Cards

AIX-EN-PROVENCE, France, October 13th, 2008 – Strengthening its presence in the Brazilian contactless payments market, INSIDE Contactless, the world leader in advanced contactless microprocessor platforms, today announced it has teamed with American Banknote (ABnote) Brazil to produce a MasterCard type-approved contactless payment card for this growing market. INSIDE is supplying ABnote Brazil with its award-winning MicroPass® 4003, a contactless payment processor designed from the ground up for MasterCard® PayPass™ applications, and has worked closely with them to obtain type approval, implement in-house pre-personalization capabilities and ensure their products achieve optimal performance.

 

Read more: Inside Enters Contactless Payments Market In Brazil

Wallstreet Launches Electronic Settlement Network To Drive Down Cost Per Trade from $25 to Under $1

New York, London, 15 October 2008 – Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today launched the Electronic Settlement Network (ESN), a pay as you go post trade processing utility for the capital markets.

The cost of trade processing continues to widen between the top tier-1 banks and the rest of the players. This is reaffirmed by recent surveys by the thought leader in this area, Z/Yen Limited (part of McLagan[1]).

Read more: Wallstreet Launches Electronic Settlement Network To Drive Down Cost Per Trade from $25 to Under $1

13 October 2008- ProVen VCT and ProVen Growth & Income VCT, managed by private equity firm Beringea, have announced total interim dividends in excess of £6 million for the six months ended 31 August 2008.

ProVen Growth & Income VCT plc has announced dividends of 31.0p per share to Ordinary shareholders and 2.0p per share to C shareholders while ProVen VCT plc has announced dividends of 14.5p per share to Ordinary shareholders and 1.0p per share to C shareholders. This latest dividend brings the total dividend paid out on the Ordinary shares of ProVen Growth & Income VCT since launch to over 132p per share and on the Ordinary shares of ProVen VCT to 92.4p per share. Dividends will be paid by 31 October 2008 to shareholders on the register at 17 October 2008.

Read more: ProVen VCTs Announce Total Interim Dividends of £6 million

RCI Financial Services signs three year managed services contract with Attenda

London – October 9, 2008 – Attenda Limited, the Always On Managed Services company, today announced that RCI Financial Services Limited has signed a three year hosting contract with Attenda for the operational management and support of their critical Point of Sale (POS) system.

RCI Financial Services Limited is a wholly owned subsidiary of Renault S.A. The POS system is accessed by 500 dealers via the web and supports the financial services offered by Renault and Nissan in the UK. RCI Financial Services prides itself in offering the quality of service that its customers expect from a specialist motor manufacturer finance company.

Read more: RCI Financial Services signs three year managed services contract with Attenda