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ViVOtech Joins GlobalPlatform

Global leader of contactless payment technology and Near Field Communications (NFC) mobile infrastructure software , ViVOtech , joins the smart card specification body, GlobalPlatform, to contribute to the organization’s market interoperability initiatives.

04 March, 2008 – GlobalPlatform announced today that ViVOtech has joined its membership base and will participate in the organization’s specification and standardization activities. ViVOtech is an acknowledged leader in contactless and NFC mobile phone payment and promotion technologies.

ViVOtech has joined GlobalPlatform as an Observer Member to play an active role in the organization’s Mobile Task Force. The Mobile Task Force now brings together 25 of GlobalPlatform’s member companies, who work together - and in collaboration with other industry standardization bodies - to define technical requirements and specifications for a common and interoperable mobile payment infrastructure.

In addition to participating on the Mobile Task Force, ViVOtech will add its voice to the GlobalPlatform Advisory Council. The Advisory Council is an open forum for all members to discuss strategy, industry trends and the business and technical activities of GlobalPlatform directly with GlobalPlatform’s Executive Director, Technical Director and Board members.

“ViVOtech’s wealth of market and technical knowledge, particularly in the areas of NFC and contactless payments, will add significantly to the discussions and activities of GlobalPlatform’s Mobile Task Force,” says Bob Beer, Chairman of GlobalPlatform and Vice President of Business Development at Datacard Group. “We are an organization driven by member collaboration, and we depend on the participation and contribution of companies such as ViVOtech to enhance our technology offering and strengthen our value proposition to, and relevance within, the industry.”

“ViVOtech has been a supporter of GlobalPlatform’s open technology and our NFC mobile payment wallet and Over-The-Air (OTA) provisioning infrastructure software are developed on GlobalPlatform’s architecture,” comments Mohammad Khan, President & Founder, ViVOtech. “It seemed a logical step to become a member of the organization and actively participate in industry initiatives targeting mobile applications. By sharing our knowledge and expertise in the mobile payment and promotions arena with GlobalPlatform, we can contribute to GlobalPlatform’s body of work, while continuing to benefit from it.”

-ENDS-

About ViVOtech

ViVOtech is the market leader in NFC mobile payments, promotions, Over-The-Air (OTA) provisioning infrastructure software, transaction management software, NFC smart posters and contactless terminals. These innovative payment solutions allow millions of consumers to make contactless transactions with radio frequency-enabled credit/debit cards, key fobs and NFC-enabled mobile phones. ViVOtech's products are used by some of the most prominent retailers all over the globe and today the company has shipped over 360,000 contactless terminals to more than 30 countries worldwide. In 2007, ViVOtech was named #1 in ABI Research’s Contactless Reader Ranking Report. ViVOtech was also recognized as Top Contactless Payment Technology Vendor in Aberdeen Group’s “Retail Contactless Payment Report.” ViVOtech has received strategic investments from First Data Corporation, a leading provider of electronic and payment solutions for businesses worldwide, Citi, the leading global financial services company, NCR Corporation, a leading global technology company helping businesses build stronger relationship with their customers and Motorola, known globally for innovation and leadership in wireless and broadband communications. For more information about ViVOtech, visit: www.ViVOtech.com

About GlobalPlatform

GlobalPlatform is the global leader in smart card infrastructure development and its proven, technical specifications for cards, devices and systems are known as the standard for smart card infrastructure. GlobalPlatform is a member driven association with cross-industry representation from all world continents. For more information about GlobalPlatform, visit: www.globalplatform.org

For further media information on GlobalPlatform, please contact Georgina D’Arcy or Sarah Jones at iseepr: globalplatform@iseepr.co.uk or on +44 (0) 113 274 5252

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