Puntos.com Licenses Smart Chip Technologies Loyalty Stored Value and Gift Card

Smart Chip Technologies (OTC: SCTN - News) is pleased to announce that Puntos Inc. has licensed Smart Chip Technologies' loyalty, stored value payment card, and gift card software solution through sales channel partner Retention Management Group.
"We chose SCTN's robust software solution to empower the soon to be launched Puntos.com, because it gives us the ability to individualize programs to suit client needs and combine rewards offers from many merchants on a single card," stated Puntos VP Thierry Franchois. "We intend for Puntos to become the world's default loyalty reward currency for the 600 million-strong Hispanic speakers in the United States, Mexico, Spain, and throughout Central and South America."

"This new, coalition-style Hispanic rewards scheme will take full advantage of the built-in e-llegiance(TM) and Loyalty Central(TM) support for multiple currencies, tenders, and full internationalization," explained SCTN Corporate Communications Director Elaine Beavon. "Puntos.com has the potential to cross more geographic and industry boundaries, and to reach many more end customers than any SCTN project to date."

About Puntos.com

In Spanish, "Puntos" (Points) represents the single, politically correct, loyalty reward currency in the world. In Spanish, the word "miles" has no meaning. While the closely related "kilometros" would be an equivalent, it is never used to express "reward points." Puntos.com aims to become the leader in the 600 million-strong Hispanic world, by deploying Smart Chip Technologies' software in point-of-sale terminals around the world to issue, redeem, and reload "puntos" as rewards for purchasing all types of goods and services. (www.puntos.com)

About Smart Chip Technologies

Smart Chip Technologies' turnkey customer retention solution, including Loyalty, Pre-Paid Stored Value, and Gift Cards, was co-developed with the Airos Group (www.airosgroup.com) and IBM(TM). This software solution enables banks and retailers to take advantage of click-and-mortar, real-time programs running on their existing cards and point-of-sale (POS) systems, including bar code, magnetic stripe, RFID, or smart cards, laptops, PDAs such as Palm(TM) or Windows(TM) devices, TV set top boxes, or mobile phones. Smart Chip Technologies' end-to-end solution provides a seamless migration path from current customer ID and payment devices to future technology platforms, establishing business continuity across physical, mobile and virtual streams of commerce. (www.sctn.com)

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.



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Contact:
Smart Chip Technologies, Las Vegas
Elaine Beavon, 702-837-3594, ext. 705
Sales@sctn.com
Investors@sctn.com
or
Puntos.com
Thierry Franchois, 866-WWW-Puntos
Thierry@Puntos.com



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Source: Smart Chip Technologies

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