360 Degree Web announces Alliance and Reseller Agreements with SchlumbergerSema

Santa Clara, CA, January 6, 2003. 360 Degree Web, Ltd., a strategic partner of O2Micro International Limited (Nasdaq: OIIM), announced today that it has entered into an agreement with SchlumbergerSema, the worlds leading smart card manufacturer and a business unit of Schlumberger Limited, to supply its industry-leading security and convenience application software for packaging with SchlumbergerSema smart card products and readers. As part of the contract, SchlumbergerSema will resell 360s smart card-based application software to its global customers, and 360 Degree Web will sell SchlumbergerSema smart cards loaded with 360s software for security applications to small and medium enterprises in education, business and government.

The Platinum suite, 360s flagship family of workstation security and internet convenience products, has been migrated to the SchlumbergerSema Cryptoflex* PKI-enabled smart card and the Cyberflex* range of Java based smart cards. The Platinum suite uses smart card tokens for two-factor authentication, and is sold to PC OEMs, enabling the manufacturers to ship a complete security solution with smart card readers to their customers. These applications ensure the users privacy by storing their data on the card, so personal information and credit card numbers can never be sold or shared. Stored credentials are used to logon to the computer, to logon to membership web-sites and to automatically fill web-forms. Outlook synchronization enables the user to carry his contacts stored on the smart card. A kit of the software with the cards is available immediately at the SchlumbergerSema smart card marketplace: http://www.scmegastore.com.

Products from 360 that specifically address the enterprise and Internet security needs are: PlatinumPAS (Pre-boot Authentication in the BIOS) for security during power up, PlatinumSecure (User Authentication at Windows login) for secure logon, data security, file encryption/decryption, and access controls on all Windows OS, and PlatinumKey (a smart card-driven Web Authentication and Auto Form Fill-In application) that enables secure authentication at web-sites by eliminating the need to memorize user names and passwords.

'360 Degree Web is a pioneer in developing application software to secure access to computer workstations, using a smart card to authenticate the user, said Paul Beverly, vice president Smart Cards and eTransactions for SchlumbergerSema North America. 'With their established success in the PC industry, SchlumbergerSema looks forward to using 360s security, convenience and enterprise token management software with our smart cards to deliver cost-effective implementations to our vast worldwide customer base.

'We are very pleased that SchlumbergerSema has selected our software application to use with their state-of-the-art Cryptoflex and Cyberflex smart cards, validating the robustness of our software, proven through years of production use with PC notebooks, said Vivienne Li, COO of 360 Degree Web. 'We plan to extend our current and future products to work with a wider range of smart cards from SchlumbergerSema as we take our products to market to solve the problems of controlled, secure logical access to workstations, web-sites and enterprise networks.

About 360 Degree Web

360 Degree Web, Ltd. is the leading supplier of smart card-based security software to the PC industry. 360s products include the Platinum suite of security applications for workstation computers, token management applications for enterprises, and convenience applications for multi-application smart cards, including payment cards. 360s software products are compatible with most of the smart card industrys standard platforms, including Suns JavaCard, Visas Open Platform and MasterCards MultOS.

360 Degree Web, Ltd. is incorporated in the Cayman Islands with subsidiaries in Santa Clara, CA, Taiwan and China. For more information on 360 Degree Web and its products, please visit www.360degreeweb.com

About SchlumbergerSema

SchlumbergerSema is one of two business segments of Schlumberger Limited, a global technology services company. With more than 30,000 employees serving customers in 65 countries, SchlumbergerSema aggregates IT consulting, systems integration, managed services and related products to the oil and gas, telecommunications, energy and utilities, finance, transport and public sector markets. Leveraging the Schlumberger DeXa* Suite of Services, it also provides IP network connectivity, information security solutions, distributed computing support services and data center hosting services. In 2001, Schlumberger revenues were $13.7 billion. For more information, visit www.slb.com.

For Further Information Contact:
Chili Sastry, VP Business Development
360 Degree Web, Inc.
(408) 727-8288 x109
chili.sastry@360degreeweb.com

*Mark of Schlumberger