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[August 22, 2001]

Semtek Releases PDA Swipe Card Reader

Semtek Innovative Solutions Corporation announced PDA Swipe, a three-track magnetic stripe card reader for Palm Powered devices. Targeting industries requiring m-commerce, age/ID verification, mobile point of sale (POS), or lead retrieval, PDA Swipe is a cost-effective solution for large and small organizations alike. Specific industries include restaurant/bars, professional consumer services, law enforcement and healthcare among others.

With the PDA Swipe, a Palm VII or wireless modem equipped PDA becomes a mobile credit card processing terminal. In law enforcement, police officers with a PDA Swipe-enabled device, can access driving records by swiping a driver's license, removing the need to radio a dispatcher. For age/ID verification, nightclub and bar owners can verify the authenticity of driver's licenses and can log the data.

Waiters in restaurants can accept payments at tables, rather than having to return to a central location. In retail, payments can be accepted while customers wait in line. In both retail and food service industries, using PDA Swipe has the potential to increase operational efficiency in addition to improving the customer's experience and strengthening the brand of the company.

The device can also be used in a variety of professional consumer services, allowing sales force representatives and service people to collect payment information and other data on existing and potential customers.

PDA Swipe can be used at trade shows and other marketing opportunities to gather information about potential leads quickly and accurately. In healthcare, the device can be used to identify, access and update patients' medical records. It can also be used to verify prescription orders and process payment information.

The PDA Swipe requires no batteries; power usage to the device is minimal, since the card reader remains in a "sleep" mode when not in use. The handheld computers fit into the PDA Swipe just as they do with the HotSync cradle that enables bi-directional synchronization with the users' desktop PCs. The card reader design allows the PDA to remain attached to the PDA Swipe while performing the synchronization to the host PC in the HotSync docking cradle. When a card is swiped through the reader, data on the card is decoded and transferred to the PDA's database.

"We see a lot of opportunity in the handheld market because so many industries can potentially use these devices, and within each industry there can be numerous applications," said Dennis Mos, Semtek's director of sales and marketing. "Further, we have developed a cost-effective solution that will yield a rapid return on investment. The best part is that both large and small organizations can implement our platform."

PDA Swipe costs the end user $195.00 and works with the Palm III, Palm VII, Palm V, HandEra 330 and the TRGPro.

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