LinkPoint International and Cardservice International Introduce Virtual LinkPoint for Palm OS

LinkPoint International and Cardservice International Introduce Virtual LinkPoint for Palm OS

Business Editors and High-Tech Writers

COMDEX Fall 2001

MOORPARK, Calif.–(BUSINESS WIRE)–Nov. 13, 2001

Online Merchants Can Now Process Transactions Securely With

Palm OS Wireless Handheld Devices

LinkPoint International, Inc., a premier provider of traditional and Internet payment processing applications, and credit card transaction processor Cardservice International, in alliance with Palm, Inc., a leading provider of handheld computers, have introduced the Virtual LinkPoint(R) for the Palm OS(R) platform, a new software application that lets merchants process online credit card transactions using wirelessly enabled Palm Powered(TM) handheld computers.

Virtual LinkPoint for the Palm OS takes LinkPoint International’s technology, versatility and performance to new heights by transforming wireless-enabled handheld devices, such as Palm(TM) VII series handheld computers, into virtual credit card payment processing terminals.

Virtual LinkPoint for the Palm OS combines the reliabilities and securities of the LinkPoint Secure Payment Gateway — the company’s state-of-the-art online transaction processing system — with the mobility of an integrated wireless handheld device.

“Virtual LinkPoint for the Palm OS is another example of our commitment to provide merchants with the maximum in technology, service and reliability,” said Caesar Berger, president of LinkPoint International. “Online merchants will now enjoy greater convenience, along with the highest levels of security and performance available in online transaction processing.”

“We have tens of thousands of e-commerce and mobile merchants,” said John Burtzloff, Cardservice International’s senior vice president of Sales. “Virtual LinkPoint for the Palm OS enables these merchants on the go to enter orders and process credit card transactions wherever they have a wireless connection, with a minimal investment in point-of-sale hardware or software.”

Burtzloff adds that a major benefit of wireless terminals “is that merchants will be able to receive the lowest-possible discount rate with this secure wireless solution.”

“LinkPoint has done extremely valuable work to introduce another first for e-commerce that will help make transactions even simpler for merchants and customers,” said Dennis Burns, director, business development, Wireless Enterprise Channels and Alliances, at Palm, Inc. “Cardservice International has one of the largest merchant sales organizations in the country. We are especially excited that the Cardservice sales team will carry the Palm VIIx, as this team actively sells the secure wireless payment processing solution to its vast merchant base.”

Features of Virtual LinkPoint for the Palm OS include wireless/Internet fraud protection; connection to the Internet where wireless service is available; real-time recordkeeping; chronological viewing of recorded transactions and sales; an integrated reporting capability; and sales reports accessible via a Web browser.

The end-to-end solution also features multiple operating modes, including an instructional mode for first-time users and a standard operating mode for advanced users; a transaction storage capability, which enables merchants to continue to process orders while outside of the wireless coverage area; and quick access to frequently asked questions (FAQs), e-mail support and customer service contact information.

About LinkPoint International, Inc.

Established in 1994, LinkPoint International, Inc. designs, manufactures, markets and supports comprehensive, integrated data solutions for payment transaction processing in both traditional and online marketplaces.

The company’s point-of-sale hardware products include the LinkPoint 3000 terminal, PrintPoint 3000 printer, LinkPoint AIO, a state-of-the-art terminal/printer combination and BankPoint PIN pad. The company’s LinkPoint Secure Payment Gateway is a state-of-the-art system for online transaction processing, composed of four unique payment interfaces — Virtual LinkPoint, LinkPoint Basic, LinkPoint Select API and LinkPoint VirtualCheck.

The company’s newest innovation, Virtual LinkPoint for the Palm OS platform, is a software application that enables online transaction processing via wirelessly enabled handheld devices, such as the Palm VII series handheld computers. LinkPoint International markets its products through direct sales. The company’s domestic and international distribution channels include financial institutions, payment processors and other system integrators or resellers. For more information, visit www.linkpoint.com.

About Cardservice International, Inc.

Headquartered in Moorpark, Cardservice International provides a wide range of noncash transaction processing options to local, regional and national traditional and Internet businesses. With more than 125 million transactions annually — from point-of-sale credit card processing to e-commerce solutions — Cardservice International is recognized as a leader in electronic commerce and payment services. Established in 1988, the company processes every type of electronic payment method, including credit, debit, electronic benefits transfer and electronic checks. In addition, Cardservice offers popular point-of-sale hardware and software for brick-and-mortar and Internet payment acceptance. To prevent and monitor fraudulent activities, Cardservice International has one of the largest chargeback and loss prevention departments in the industry. Cardservice supports its merchants with customer service 24 hours a day, 7 days a week, in 140 languages and dialects. First Data Corp., a global leader in electronic commerce and payment services, holds a 50% equity position with Cardservice. For more information about Cardservice International, visit cardservice.com.

Palm OS is a registered trademark and Palm is a trademark of Palm, Inc.

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COPYRIGHT 2001 Gale Group