CardSoft to provide STIP and FINREAD support to Texas Instruments OMAP platform

CardSoft eAppliance Solution enables OEMs and independent software developers using TIs OMAP platform and to create secure applications for fixed and wireless m-commerce transactions

San Mateo, CA and Cannes, France -- February 18th, 2003 -- CardSoft, a recognized pioneer of interoperable software on fixed and wireless m-commerce devices, announces the porting of their STIP and FINREAD platforms to TIs OMAP processors. CardSoft, Inc. will create a mobile computing-based secure Java environment for Windows® CE and Symbian developers.

CardSoft offers an application development environment for OEMs and developers to create high performance secure solutions for small, mobile computing devices in multiple industries such as retail and financial services. This enables secure transactions on small devices such as PDAs and smart phones. Specifically CardSoft will be porting STIP 2.1.1, GlobalPlatform 2.0, and Java EMV to Symbian -- and FINREAD 1.1 to Windows CE.

CardSoft is the first to offer a solution that complies with industry-backed standards from GlobalPlatform, STIP, FINREAD, Jconsortium, MIDP and Sun CLDL. Working with TI, CardSoft can offer competitive applications to secure m-commerce on devices using TIs OMAP processors.

By leveraging the OMAP processors high performance and processing efficiency, consumers will enjoy a secured transaction experience on their mobile devices. The mobile phone in essence becomes a secure point of purchase device. Cell Phones enabled with CardSofts technology will contribute to reducing the current m-commerce fraud rate," said Don Sweet, President and CEO of CardSoft.

CardSofts advanced environment for STIP and FINREAD offers wireless manufacturers quality tools to write secure applications compliant with industry standards," said Paul Werp, Worldwide Director of Marketing for TIs OMAP platform.

CardSoft is a member of TI's OMAP Developer Network, a group of leading software developers porting advanced applications to TIs high performance, power-efficient OMAP processors. Handset manufacturers adopting OMAP devices will benefit from the rapid deployment of compelling wireless applications -- including streaming audio and video, multimedia messaging, gaming, security, speech recognition, location based services and mobile commerce -- across all leading operating systems. Systems level integration services are also provided worldwide by independent OMAP Technology Centers. The OMAP platform has been selected by leading manufacturers, such as Nokia, Palm, NEC, Fujitsu, LG Electronics, Panasonic, HTC and many more, for their 2.5 and 3G wireless devices. For more information, please visit www.omap.com.

CardSoft is an innovator in the development of open, interoperable software enabling secure transactions on small computing devices. With its eAppliance technology, CardSoft has succeeded in establishing a common programming environment for a wide range of small electronic devices reflecting the "write once, run anywhere" philosophy of Java. CardSoft is located in the USA in California's Silicon Valley, with additional offices in Asia, and Canada. CardSoft is a member of the STIP Consortium (www.stip.org) and the J-Consortium (www.j-consortium.org).
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