“Tap into the Rewards” Press Release

ViVOtech Launches “Tap into the Rewards” Contactless Payment Promotion at the 2006 ETA Annual Meeting & Expo

First Contactless Incentive Program Gives ISOs and Acquirers Chance to Drive a New Porsche Boxster, Win an Apple iPod and more

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Las Vegas, Nevada, April 18, 2006 – ViVOtech, the leading supplier of contactless payment solutions, will launch a new contactless sales promotion – “Tap into the Rewards” - during the Electronic Transactions Association’s 2006 ETA Annual Meeting & Expo, April 18-20.

The year-long incentive program, aimed at Independent Sales Organizations (ISOs) and Acquirers, offers top-sellers of the ViVOpay line of contactless readers the chance to drive away in a Porsche Boxster.

To kick-off the “Tap into Rewards” promotion at ETA, ViVOtech’s contactless cards will be placed in attendee registration tote bags. The contactless cards will direct attendees to the ViVOtech booth (#521), where he or she can register for prizes such as an Apple iPod. Prize drawings will take place throughout Tuesday, Wednesday, and Thursday during exhibit hours. Upon registering at the ViVOtech booth, attendees will automatically be entered into the “Tap into the Rewards” promotion. ISOs and Acquirers can also sign-up via the web at: www.vivotech.com/promotion.

“The new incentive further strengthens our commitment to the ISOs and Acquirers who are key to taking contactless technology to the next level of consumer acceptance and availability,” said Mohammad Khan, founder and president of ViVOtech. “With ViVOtech’s technology solutions, ISOs and Acquirers will be able to turn contactless rollouts into a powerful weapon that can generate sales, differentiate products and gain new customers in profitable new markets.”

ViVOpay contactless readers are easily added to existing or new point of sale (POS) systems, allowing merchants to start accepting millions of contactless payment cards or fobs currently being issued under MasterCard® PayPass™ and Visa Contactless programs.

ISOs and Acquirers can quickly deploy ViVOpay contactless readers because they interface with all the top POS terminals and are certified by 9 out of the top 10 Acquirers in the United States (Class A and/or B).

Selling contactless payments will benefit ISOs and Acquirers by:

• Increasing revenue by shifting cash transactions into electronic payments
• Creating the opportunity to upsell new technology to existing merchants
• Growing market share with first-to-market products
• Tapping into cash dominant markets by reaching highly profitable new segments such as Quick Service Restaurants (QSR) and convenience stores

ViVOpay products are in stock at many of the major terminal resellers, including: Bancnet, JR’s POS Depot, Merchant Masters International, The Phoenix Group, and TASQ Technology.

About ViVOtech
ViVOtech is the market leader in contactless payment software, readers, cards, fobs and transaction management systems. These solutions allow consumers to make contactless payments with radio frequency-enabled credit cards, debit cards, key fobs, and NFC enabled mobile phones. With more than 155,000 units shipped, ViVOtech's products are being used by movie theaters, fast food restaurants (QSR), casual dining establishments, convenience stores, gas stations, drug stores, grocery and vending machine locations enabling them to accept contactless payments. ViVOtech is headquartered in Santa Clara, California, with offices in Europe and Asia. In 2005, ViVOtech received the prestigious Frost & Sullivan technology award for its role in transforming the contactless payment industry, as well as winning the first annual ETA Technology Innovation Award. For more information, please visit the ViVOtech website at www.vivotech.com.

Editorial Contact:
Janice Mackey
Weber Shandwick, for ViVOtech
408-530-8400 ex 2223
jmackey@webershandwick.com