Accelitec, Inc. shows dedication to the growth of the Smart Card industry

BELLINGHAM, WA, March 16, 2004–Accelitec, Inc., a provider of retail RFID technology, solutions and services today announces its membership in the Smart Card Alliance, (SCA), a not-for-profit organization formed in 2000 for the purpose of educating business and the public about the technology and its many uses.

SCA membership provides Accelitec an important opportunity to support the advancement and use of Contactless Smart Cards in the retail industries. Retail industries (or companies) are becoming strong adopters of the technology at the Point of Sale (POS) level. Accelitec is focused in delivering turnkey private label contactless payment programs for the retail industry.

“Accelitec views SCA as the leader in the charge for the advancement of standards and recognition of Smart Cards, Contactless Smart Cards and multiple uses of RFID in Retail, according to Accelitec CEO, Tom Bartz. Accelitec is focused on developing wide spread adoption of Contactless Smart Cards for use at the POS level and beyond. Associated payment method (credit card, check, prepaid or other) multiple loyalty programs, embedded security technology and customer purchasing preferences can all be embedded into a Contactless Smart Card. SCA will enable Accelitec to be informed and involved with the changes and advancements in Smart Card technology that SCA promotes through membership and events. We are very pleased to join the other companies supporting the Smart Card Alliance.”

About Accelitec

Accelitec, Inc. designs and develops innovative products that automate and enable the use of RFID and advance contactless payment programs for its major customers: high volume retailers, retail petroleum companies, financial institutions, transit authorities, fast food and general retail companies. Accelitec is the first to offer a complete private label contactless payment solution. Accelitec was founded in 2001 and is headquartered in Bellingham, Washington. For further information visit http://www.accelitec.com.

About the Smart Card Alliance

The Smart Card Alliance is a not-for-profit, multi-industry association working to accelerate the acceptance of smart card technology. Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the United States. For more information about the Smart Card Alliance, please visit their website at https://www.securetechalliance.org.