ACS supplied 100,000 ACR38 Smart Card Readers for an online home banking project in an East Asian country

February 6, 2009

Hong Kong, 6 Feb, 2008 - Advanced Card Systems Ltd. (Hong Kong Stock Exchange: 8210, www.acs.com.hk), Asia Pacific's number one supplier in PC-linked smart card readers industry (Source: Frost & Sullivan), announces that it has supplied its ACR38 Smart Card Reader for an online home banking project in an East Asian country.

This online home banking project, cooperated with a leading local bank and the largest telecommunication company in that country, makes use of VoIP (Voice-over-Internet Protocol) desktop phone together with ACS smart card technologies to provide a convenient and secure environment for bank card holders to enjoy banking services at home. After launching this project, the bank card holders can manage their day-to-day banking transactions at home without using a PC.

"Servicing a customer online is the most economical way for a bank. Most of the banks intend to adopt a service model in which almost all transactions can be conducted online and done by authenticating the documents through digital signatures from smart cards,” says Gilbert Leung, Sales Director of ACS. “We are delighted that ACS was selected by the bank to contribute to this project with its smart card expertise. One of the challenges we had to overcome was the issue of reader compatibility with different working environments. The project requires our smart card reader to be connected to a designated VoIP desktop phone supplied by the telecommunication company, rather than connecting to a PC. “

About ACR38 Smart Card Reader

ACR38 is a powerful and reliable smart card reader that supports smart cards conforming to ISO 7816 and works efficiently with various memory cards as well as microprocessor cards with T=0 or T=1 protocols. The ACR38 is fully PC/SC (Personal Computer/ Smart Card) compliant and supports various operating systems such as MAC, Linux and Microsoft 98 onwards. The device is EMV 2000 Level 1 (Europay, MasterCard and Visa) certified, making it suitable for bank applications that use EMV cards. Moreover, its Bridge Casing form supports and facilitates vertical insertion and removal of smart cards.
For more information, please visit www.acs.com.hk/acr38.php.

About ACS

Advanced Card Systems Ltd. (ACS, Hong Kong Stock Exchange: 8210), founded in 1995, Asia Pacific's top supplier of PC-linked smart card readers (Source: Research Report issued by Frost & Sullivan) is one of a select group of global companies at the forefront of the smart card revolution. ACS develops, and distributes a wide range of high quality smart card reading/writing devices, smart cards, and related security products to over 100 countries worldwide, facilitating an easier adoption of smart card applications in different industries. Visit ACS at www.acs.com.hk.