InSeal Contactless joins BabySmart Consortium

Marseille, May 10 2004

InSeal announces that it has joined BabySmart Consortium of companies specialised in smart object related technologies in the South of France. The Consortium’s aim is to promote the skills of its member companies, which currently include TagSys, Impika, Inside Contactless, Innovacard, I2E Stella, SPS, Aspects Software, Smart Consulting and Stid. The club, created by Paul Morgavi, CEO of Impika, will offer opportunities for members to share their efforts and market experiences. in the a perfect vehicle for international

The aim of this operation is to demonstrate the technological and economic weight of these companies, which is symbolic when they are taken individually but significant when they are grouped.

To quote Paul Morgavi: "The "BabySmart Club" shows that there is a wealth of small companies alongside the well-known local microelectronics players. A multitude of players, operating between silicon foundries and the market, in packaging, traceability, security, contactless systems, etc."

This club will enable these companies to network, pool their resources, combine their efforts and share their experience. The goal is also to enhance the value of their know-how and promote the formation or establishment of other small and medium businesses within the "Provence Smart Valley", operating in the Provence microelectronics value chain.

About InSeal Contactless

InSeal designs, develops and builds innovative and competitive solutions for the deployment of world-class Contactless Smart Cards applications.

InSeal’s expertise lies in the programming of the microprocessors that are embedded within smart cards, including the development Operating Systems and applications for Microcontroller based Contactless Smart Cards.

InSeal Contactless enables chip manufacturers, smart cards suppliers, VARs and integrators to deliver anywhere in the world any type of applications, such as ID documents, Physical and Logical Secure Access Control, Payment or Transport. Relying on its comprehensive products and solutions portfolio, InSeal’s customers can focus on optimizing their service offerings and revenue streams.

Contact: press@inseal.com