SOURCE: Schimatic Cash Transactions Network.com, Inc.

September 28, 2007 09:30 ET

Phoenix Technology Becomes IBM Business Partner

LAS VEGAS, NV--(Marketwire - September 28, 2007) - Phoenix Technology Holdings Inc., a leading provider of end to end customer retention solutions, leveraging the Smart Chip Technology (Schimatic Cash Transactions Network.com, Inc.) platform (PINKSHEETS: SCTN), is pleased to announce that it has become an IBM Business Partner.

As a registered member of IBM's PartnerWorld Industry Network (PWIN) program, Phoenix is excited to grow its marketing and sales efforts in the banking, retail and loyalty markets. Furthermore, Phoenix will focus on the overall relationship with IBM to develop into an advanced and industry expert partner in the PWIN program.

About Phoenix Technology Holdings Incorporated

Phoenix Technology Holdings provide sales, client implementation, hosting, development, and system support for customer retention products allowing clients to deploy sophisticated solutions easily and quickly (www.phoenix-tec.com).

About Smart Chip Technologies (PINKSHEETS: SCTN)

Smart Chip Technologies' turn-key customer retention solution, including Loyalty, Pre-Paid Stored Value, Punch Cards, and Gift Cards enables issuers, acquirers, and merchants to take advantage of real-time programs using their cardholder's existing cards using bar codes, magnetic stripes, smart chips, RFID, Internet accounts, and other consumer electronic technology, such as SMS and MMS cellular phones. The SCTN system is a scalable, high performance, end-to-end solution that uses an ASP model to customize the system's look and feel to reinforce customer branding. (www.sctn.com)

Contact Information