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Best of Breed Flexion Battery Makes MaâtCard Acoustic Technology Possible
Lakeland, Fla.—November 9, 2007—Solicore marks their participation in Cartes & IDentification 2007 by announcing the nomination of nCryptone’s MaâtCard by Unipay’s for the SESAMES Award for Innovation in the category “Best E-Transaction Application.” The card is the first hybrid system for universal remote payment, and is powered by Solicore’s paper-thin Flexion® battery. For the first time, consumers have the same security when completing transactions over the phone as they receive from OTP cards during ATM, credit card or online transactions.
The MaâtCard by Unipay’s is a multi-application, multi-component and multi-channel acoustic bank card that uses a one-time sonic password to authenticate transactions conducted over a simple telephone line. Every time a user makes a transaction, the card produces a new acoustic password, increasing the level of security available to customers making transactions by phone. The unique remote and contactless system widens the scope of use for bank cards, allowing users secure access to bank services from anywhere in the world.
According to Philippe Blot, SVP of Global Marketing and Sales at nCryptone, Solicore’s Flexion batteries make this technology possible. “When we were in the testing phase, Solicore’s products stood out as best of breed – their flexibility, superior quality and ultra-thin size allowed nCryptone to engineer the type of useable streamlined card we envisioned. This pioneering technology, coupled with Solicore’s embedded power expertise, proved to be an ideal fit for our company.”
As a worldwide leader in embedded power solutions, Solicore’s commitment to devising cutting-edge technologies to promote network security is clearly reflected in the MaâtCard’s nomination for the SESAMES Award. The SESAMES Awards celebrate the highest standards of innovation and breakthrough technologies in the card manufacturers industry.
“We are extremely proud to be nCryptone’s technology partner on this project,” says David Corey, CEO of Solicore. “Cartes is the most important conference in the Smart Card industry, and we are delighted to see a product powered by our Flexion battery recognized as one of the most influential products on the market today.”
The SESAMES Awards for Innovation will be given during the official reception on November 12, 2007, the eve of the opening day of Cartes & IDentification 2007. Solicore will be in attendance at Cartes from November 13-15, at booth 4M008; nCryptone-Unipay’s will be at booth 4M032.
About Solicore, Inc. – Solicore is a worldwide leader of embedded power solutions, offering its Flexion® product portfolio of advanced ultra-thin flexible lithium polymer batteries for powered cards, RFID and micro medical devices. Solicore’s advanced battery technology is ultra-thin, flexible, safe and environmentally friendly, and significantly enhances the capabilities of lithium-based batteries. For more information, visit www.solicore.com.
About nCryptone – nCryptone, a wholly-owned subsidiary of Prosodie (Reuters PSOE.PA www.prosodie.com), is the major actor of multi-channel strong authentication solutions, with an offer that covers the entire value chain. nCryptone relies on its recognized expertise in transmitting sound one time passwords and in power embedded cards which have an ISO bank card format. nCryptone’s range of products is composed of: nC AudioCard, a card that delivers acoustic dynamic passwords; nC DisplayCard, a bank card that displays a dynamic password on a flexible screen; nC Dual Output Token, a multi-purpose token which associates both authentication methods; and nC Server, a software suite of strong authentication management marketed under ASP mode. nCryptone is a member of the OATH Consortium and of the SmartCard Alliance. www.ncryptone.com.
This press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause Solicore, Inc's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. Solicore, Inc. assumes no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the battery industry, and changes in domestic and international market conditions, and foreign exchange rates.
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