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SESAMES Innovation Award for Best Hardware Delivered to INSIDE Contactless on the eve of the CARTES Tradeshow

13/11/2007

Market Leading MicroPass Intelligent Payment Platform Recognized as the Most Innovative Worldwide Contactless Payment Platform

Aix en Provence, November 13th, 2007: INSIDE Contactless, a leading provider of advanced, open standard contactless chip technologies, and the leader in NFC technology, today announced the company has been awarded the winners prize in the Hardware category at the twelfth SESAMES Innovation contest, on November 12th, 2007, on the eve of the Cartes trade show.
INSIDE Contactless was named SESAMES winner among more than 200 nominees in 10 categories for the MicroPass intelligent payment platform.

Awarded by a panel of more than thirty leading experts and journalists, the SESAME is testimonial to the innovative posture of INSIDE Contactless, with more than 55 patents granted, including several essential NFC technology patents, and more than 12 years experience in developing contactless chips.  The award recognizes the development achievements of INSIDE in bringing to market the MicroPass L4 platform which was first launched at CARTES in 2005.   Since that time, more than 35M MicroPass chips have been shipped to INSIDE’s card manufacturer partners for the benefit of issuers in the US, Canada, and other regions adopting contactless payments.   

MicroPass is INSIDE’s next-generation microprocessor-based contactless payment platform, consisting of innovative chip hardware and an open & flexible operating system designed specifically to meet multi-payment brand and multi-application requirements.  Featuring very low power consumption, MicroPass is the most reliable core platform available today for all kinds of devices, from key fobs to alternative form factor payment devices.

Rémy de Tonnac, CEO of INSIDE Contactless, commented:  “We are proud that our MicroPass intelligent payment platform has been recognized as the leading hardware platform in the industry by the SESAMES jury members. Being rewarded for our innovation with MicroPass is a tremendous honor for us and our partners. This award demonstrates how contactless and NFC technology are going to change consumers’ daily lives”.

2007

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