• C-SAM’s Wallet Management Platform and SDK to Support Isis Mobile Commerce Platform

  Thursday, August 4th, 2011

  August 4, 2011 – C-SAM, a pioneer in secure mobile transaction technology, signed an agreement with Isis, the mobile commerce joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, to license its wallet management platform and software development kit (SDK). The C-SAM platform will enable Isis to offer smartphone users a comprehensive mobile wallet for conducting secure near-field-communication (NFC) transactions related to payments, rewards, coupons, tickets, transit and other services.

  “C-SAM’s vision has been to recreate a leather wallet metaphor on mobile phones,” said Sam Pitroda, Chairman and Founder of C-SAM. “We are excited about the agreement with Isis and confident that our mobile wallet will provide additional convenience, flexibility and security to Isis’ customers.”

  C-SAM’s SDK enables service providers to build their own applications for NFC based proximity transactions as well as remote over-the-air services. Isis will use C-SAM’s SDK to rapidly build its open mobile commerce platform.

  “We have incorporated learnings over the years from diverse markets and deployments to build a highly scalable mobile wallet management platform, supported by a comprehensive SDK,” said Felix Marx, CEO of C-SAM. “C-SAM’s platform and SDK will enable Isis and their partners to rapidly build a secure transaction ecosystem in the US. We believe Isis will usher in a new approach for service providers worldwide to build similar ecosystem based mobile payment and commerce networks for their respective markets.”

  Isis, which announced its formation in November 2010, is focused on enabling mobile commerce on a nationwide basis. The company will launch its mobile commerce program in Salt Lake City, Utah and Austin, Texas in the first half of 2012. Isis will offer customers a highly secure and convenient way to pay, redeem coupons and store merchant loyalty cards, all with the tap of a phone.

  “C-SAM’s platform provides coverage across various carrier networks, operating systems, and NFC handsets, ensuring Isis can rapidly scale,” said Michael Abbott, CEO of Isis. “Together with C-SAM, Isis will allow consumers to experience a new and secure way to shop, pay and save, all with the tap of their phone.”

  C-SAM has over twenty five reference value added services bundled with its SDK, from mobile payments to coupons to ticketing to banking to parking to health, enabling service providers to rapidly build and deploy their own secure transaction widgets.

  For additional information on this press announcement, please contact Doug Morgan at doug.morgan@c-sam.com

  About C-SAM:
  C-SAM, Inc. is a pioneer in secure mobile transactions technology offering a range of mobile phone based applications for financial as well as non-financial services. C-SAM is based out of the USA, with operations in Japan and India. The Company licenses technology and provides turnkey services to carriers, banks, merchants, settlement networks, healthcare providers, and large infrastructure providers. C-SAM has launched commercial services in the US, Japan, China, India, Singapore, and Mexico. C-SAM’s highly scalable mobile wallet management platform and comprehensive SDK bundled with over twenty-five reference services has evolved through extensive research and development over the last twelve years for which eleven patents have been issued and twenty applications are pending. The platform supports different handset environments and mobile carrier networks, as well as near-field-communication (NFC) based secure proximity transactions for payment as well as non-payment applications. C-SAM’s unique security architecture enables providers to configure different trust models, and effectively aggregate applications from disparate domains without adversely affecting their existing risk management practices. For more information, visit http://www.c-sam.com.

Posted in News, Press Release

• C-SAM and Multicard Partner to Roll out Mobile Payments in Netherlands

  Thursday, July 7th, 2011

  C-SAM and Multicard have finalized a partnership to provide C-SAM’s Mobile Transaction Platform (MTP) and related M-Commerce and M-Payments services to Multicard’s customers in the Netherlands.

  C-SAM is a pioneer in secure mobile transactions offering a range of mobile phone based financial and non-financial services for consumers to securely conduct transactions in the real and virtual environments using their existing smart and feature mobile phones and networks. The Company’s patented MTP enables carriers, banks, and service providers to deliver secure mobile phone based transaction services for finance, retail, healthcare and government applications.
  Multicard, a business unit of Identive Group, Inc. (NASDAQ:INVE – News), is a worldwide supplier of card solutions for secure identification programs with in-house capabilities for credential issuance, personalization and fulfillment services for the consumer, government, education, healthcare and corporate markets. Besides identification solutions, complete project implementation and project management Multicard also offers enrollment, emergency management and accreditation solutions using data capture equipment for ePassport and other government ID and corporate ID applications.

  “C-SAM provides a highly scalable Mobile Wallet Management Platform, supported by a comprehensive SDK and more than 25 reference value added services, enabling large networks to create a scalable and sustainable ecosystem of providers,” said Felix Marx, C-SAM’s CEO. “We believe the partnership with Multicard will enable us to provide field-tested and proven technology solutions along with local delivery and support for our customers in the Netherlands.”
  Pieter Kooistra, Multicard’s CEO said, “The partnership with C-SAM helps us to develop innovative products in a much shorter period than before. Besides faster innovation, the partnership will also enable Multicard to make a major step towards achieving future objectives in mobile transactions for finance, retail, healthcare as well as for mobile governmental applications.”

  C-SAM’s MTP has evolved through extensive research and development over the last twelve years for which eleven patents have been issued and twenty applications are pending. The platform has been deployed for networks and providers in USA, Mexico, Japan, China, India, and Singapore, supporting different handset environments and mobile carrier networks, as well as Near-Field-Communication (NFC) based secure proximity transactions over mobile phones for payment and non-payment applications. C-SAM also provides a software development kit (SDK) to further simplify development of secure transaction widgets, further shielding the developers from mobile phone environment specific nuances, enabling them to rapidly create their own transaction widgets by leveraging more than 25 reference value added services for finance, retail, healthcare and government applications.

  Multicard offers various intelligent solutions to diverse industries including transportation, fuel, retail & events, banking and mobile. All solutions offer intelligent central data storage and key & ID Management. In addition, Multicard specializes in printing and personalization of plastic cards like credit cards, store cards, fuel cards and transport passes. Since its founding in 1968, Multicard has built up a strong worldwide customer base. Its customers include “Fortune 100” companies, governments, local businesses and consumers.

  About C-SAM:
  C-SAM, Inc. is a pioneer in secure mobile transactions technology offering a range of mobile phone based financial and non-financial solutions, which have been commercially launched by providers in several markets. The Company owns eleven patents, and has more than twenty pending applications. C-SAM is privately owned and headquartered out of the USA, with a presence in Japan, China, India, Singapore and Mexico. For more information, visit www.c-sam.com
  About Multicard:
  Multicard, a business unit of Identive Group, Inc. (NASDAQ:INVE – News), is a worldwide supplier of card solutions for secure identification programs, with in-house capabilities for credential issuance, personalization and fulfillment services for the consumer, government, education, healthcare and corporate markets. Multicard offers ID systems management and engineering services as well as full implementation and program management. Multicard also is a provider of enrollment, emergency management and accreditation solutions using data capture equipment for ePassport and other government ID and corporate ID applications. For additional information, visit www.multicard.nl.
  Identive Group, Inc. is a leading provider of products, services and solutions for the security, identification and RFID industries. For more information, please visit www.identive-group.com.

Posted in News, Press Release

• Felix Marx joins C-SAM as CEO

  Tuesday, June 7th, 2011

  Chicago, Illinois, USA – June 7th, 2011- C‐SAM, Inc., a pioneer in secure mobile transactions technology, today announced the appointment of Felix Marx as Chief Executive Officer, effective June 1st, 2011. Mr. Marx, 44, will be based at the Company’s headquarters in Chicago, Illinois, USA. In parallel, Mehul Desai, the predecessor CEO of C-SAM Inc. and one of its founders will be appointed Vice-Chairman of the Board of Directors of C-SAM Inc.
  “Felix Marx brings a unique combination of skills and experience to C-SAM,” said Sam Pitroda, Chairman of the Board of C-SAM. “His deep understanding both of C-SAM’s markets and the mobile payment/commerce space provide him with the background and leadership to quickly add value and the vision to help drive the business. He also brings a wide range of experience in running public listed companies as CEO, in business unit management of large co-operations as well as a broad experience in sales, marketing, strategy development and M&A, all of which are important to optimize C-SAM’s opportunities and operations. We are extremely pleased to welcome Felix Marx to lead the C-SAM team.”

  “While we have built C-SAM’s patents, products, and deployments with the larger objective of recreating a leather wallet metaphor on mobile phones, and in turn focusing on finance, retail, health and government applications that will drive mobile commerce and payments, Felix has spent the better part of the last decade building the mobile payments industry from a hardware perspective,” said Mehul Desai, Vice-Chairman of the Board of C‐SAM. “In a highly dynamic and evolving market place, Felix’s joining C‐SAM will now give our customers and partners the thought leadership they need across the entire Mobile Wallet value-chain, from Chipsets to Applications to scalable Ecosystem based deployments.”

  Previously Mr. Marx served as the Executive Vice President of Identive Group Inc. and as CEO Transponders and Semiconductors Group. He also served as Executive Director of the Board of Identive Group as well as on the board of Directors of some of Identive Group’s portfolio companies. In addition, he served as CEO of the ACiG Technology business. Mr. Marx joined Identive Group in October 2007 as CEO of SCM Microsystems, Inc., Identive’s predecessor, and served in this role until March 2010, when he took the role of Chief Operating Officer of Identive Group.

  During his time as SCM Microsystems CEO he acquired Hirsch Electronics and Bluehill ID, a group of companies in the Identity Management and RFID space transforming the entire group into Identive Group.

  From 2003 to October 2007 Mr. Marx held a variety of management positions with NXP Semiconductors and Philips Semiconductors, amongst other’s as General Manager of the Near Field Communication (NFC) business, which focuses on the use of existing contactless smart card standards, and as General Manager of the Contactless & Embedded Security business, where he was responsible for the smart card business (mobile communications, banking, e-government), NFC (Near Field Communication) and reader IC businesses of the company.

  Mr. Marx also has several years’ experience in the data and voice-networking sector, where he held various sales, marketing, product management, business line management and general management positions with companies including Global One Telecommunications and Ericsson Telecommunications.

  During his assignments in different corporations Mr. Marx spend a significant amount of time in Asia Pacific, the USA as well as in Sweden and Germany.

  Mr. Marx key areas of expertise are Strategy Development, Marketing & Sales as well as Business Development and General Management influenced strongly by target orientation and people oriented leadership. Over the past 15 years he focused very strongly on the Semiconductor Industry, Mobile Transactions as well as Identity Management Services and solutions across the entire market space from payment solutions to credential management for individuals.

  Mr. Marx holds a Bachelor’s degree in Engineering from the Technical Academy in Vienna, a postgraduate in Business Administration from the University of Commerce in Vienna and a Master of Advanced Studies in Knowledge Management from Danube University Krems in Austria.

  About C-SAM

  C‐SAM, Inc. is a pioneer in secure mobile transactions technology offering a range of mobile phone based applications for financial as well as non-financial services. C‐SAM is based out of the USA, with operations in Japan and India. The Company licenses technology and provides turnkey services to carriers, banks, merchants, settlement networks, healthcare providers, and large infrastructure providers. C-SAM has launched commercial services in the US, Japan, China, India, Singapore, and Mexico. C-SAM’s highly scalable mobile wallet management platform and comprehensive SDK bundled with over twenty‐five reference services has evolved through extensive research and development over the last twelve years for which eleven patents have been issued and twenty applications are pending. The platform supports different handset environments and mobile carrier networks, as well as near‐field‐communication (NFC) based secure proximity transactions for payment as well as non-payment applications. C-SAM’s platform also provides various TSM‐services. C‐SAM’s unique security architecture enables providers to configure different trust models, and effectively aggregate applications from disparate domains without adversely affecting their existing risk management practices. For more information visit www.c-sam.com.

Posted in News, Press Release