Phoenix US (PTH) Signed Licensing Agreement with Front Stream Payments to Deploy its Loyalty Central Operating System with SCTN's Patented Loyalty Technology Inside

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Phoenix Technology Holding Inc US (PTH) signed a licensing agreement with Front Stream Payments/Direct Technology Innovations to deploy the company's Loyalty Central Operating-Delivery System with the SCTN Patented Loyalty Technology Program Inside.

said Bernard F. McHale, CEO of PTH and SCTN.

Phoenix US (PTH), a leading provider of information technology solutions for loyalty programs, today announced it has signed a licensing agreement with Front Stream Payments/Direct Technology Innovations Inc to deploy PTH's unique "best of breed" wireless e-llegiance Loyalty Central Operating System. The patented loyalty technology is exclusively licensed by PTH from Schimatic Cash Transactions Network.com Inc/dba Smart Chip Technologies LLC.

This agreement will bring us into the credit card processing service and micro payment environment, and will demostrate the versality and flexibility of our wireless e-llegiance Loyalty Central Operating-Deliverly System." said Bernard F. McHale, CEO of PTH and SCTN. "Our patented loyalty technology has the potential to be a game-changer in the marketplace, and bring real time value to our customers like never before."

Front Stream Payments is a leading provider of merchant payment solutions for small to mid-sized businesses. The company's services include: credit card processing (debit and credit), electronic benefits transfer, gift and loyalty card programs, check guarantee and point of sale software integration services such as VeriFone and Hypercom. Please go to http://www.frontstreampayments.com to learn more about the company.

Direct Technology Innovations Inc (DTI) is a merchant bank card provider associated with several major banking organizations. DTI provides, card services for Subway, Taco Bell, McDonald's and 5,000 other companies utilizing their swipe and Go system. DTI was recently purchased by Front Stream Payments and is now a part of that company. Please go to http://www.directtec.com to learn more about the company.

About: Phoenix US (PTH) provides sales, client implementation, hosting, development and systems support for customer retention products allowing clients to deploy sophicated solutions easily and quickly. Phoenix US (PTH) is the exclusive licensor of Loyalt Central Patented Technology from SCTN. Please go to http://www.phoenix-tec.com to learn more about the company.

About: Smart Chip Technologies' (Pink Sheet-SCTN) provides turnkey customer retention solutions, including loyalty, pre-paid stored value, punch cards and gift cards, enable card issuers, acquirers and merchants to take advantage of real time programs. The SCTN program is a scalable, high performance, end to end solution that uses an ASP model to customize the systems look and fell to reinforce customer branding. Please go to http://www.sctn.com to learn more about the company.

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