SOURCE: Schimatic Cash Transactions, Inc.

December 03, 2007 13:41 ET

Loyalty Access Solutions (LAS) and Phoenix Technology Holdings Announce an Agreement With a Major US-Based Association With Approximately 30 Million Active Card Holding Members

LAS VEGAS, NV and TORONTO--(Marketwire - December 3, 2007) - Loyalty Access Solutions (LAS) and Phoenix Technology Holdings, Inc., the exclusive licensing and operating company for Smart Chip Technologies (PINKSHEETS: SCTN), the leading provider of end-to-end loyalty solutions, is pleased to announce that through its strategic relationship the signing of a contract with a major US-based association that will enable and implement targeted discounts and loyalty offerings for the associations members.

"We have signed an agreement with a major non-profit, non-partisan US-based association that provides special products and incentives for travel, health, finance, insurance and various other services to approximately 30,000,000 card members in every state of the US," stated Claude Jeanson, President of Loyalty Access Solutions. "As the system rollout occurs we will gather valuable information about how merchants and card members interface with the Phoenix technology," said Claude Jeanson, President of Loyalty Access Solutions.

Brad Kernohan, Director of Business Development, says, "The Phoenix technology enhances our existing infrastructure and is powerful and flexible enough to satisfy the unique demands of our very diverse client base. The ability of the software to support our complex loyalty initiatives makes the impact to our clients' marketing efforts significant. We can now tailor complex programs specifically to each merchant location economically and quickly."

Phoenix CEO, Miki Radivojsa, stated that, "Phoenix and LAS will work together to provide customer service and to configure Loyalty Central™. We will potentially provide a complete customer retention solution, including loyalty, prepaid stored value, discounts, and sweepstakes. Implementation will likely begin with the creation of a dynamic points-based rewards program, reaching across thousands of merchants. Phoenix and LAS will work together to ensure that a successful and well-managed program is executed for the client.

About Loyalty Access Solutions Corporation

Loyalty Access Solutions provides the world's largest private-labeled discount program and provides state-of-the-art Loyalty, Gift Card and Pre-Paid Solutions across a variety of industries, including retail, hospitality, financial services, non-profit, telecommunications, automotive and various others. Loyalty Access Solutions enables clients to achieve the maximum lifetime value of their best customers by providing an unparalleled customer experience. With unlimited versatility to instantly administer and manage loyalty programs, Loyalty Access Solutions clients are able to quickly respond and adapt to changes in the marketplace. (

About Phoenix Technology Holdings Inc.

Phoenix Technology Holdings Inc. provides hosting, development, sales, client implementation, and system support for financial services and other industry products, allowing clients to globally deploy sophisticated solutions easily and quickly. (

About Smart Chip Technologies (PINKSHEETS: SCTN)

Smart Chip Technologies' turnkey customer retention solutions, including Loyalty, Pre-Paid Stored Value, Punch Cards, and Gift Cards, enable 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 devices. 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. (

Disclaimer: Any statements contained in this document 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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