DeviceFidelity Enhances Industry Leading In2Pay™ microSD Mobile Contactless Solution with New Features and Developer Programs

DeviceFidelity Inc., a leading provider of contactless microSD solutions for mobile phones, today announced the availability of its In2Pay™ microSD v2 for trials in the second quarter of this year. In2Pay v2 adds support for EMV® compliant payment applications and is MIFARE™¹ technology ready, enabling a wide variety of payment, transit and access control applications to be deployed using the common product platform. Compliant with Global Platform specifications and Javacard standards, In2Pay microSD v2 offers an open flexible architecture that provides issuers and wireless carriers the ability to manage their applications over-the-air and serve customers around the world. DeviceFidelity recently demonstrated this new version of its In2Pay technology at Mobile World Congress in Barcelona.

The In2Pay microSD v2 is Trusted Service Manager (TSM) ready, allowing TSM client software on mobile devices to interact with the In2Pay Secure Element through a new Java based Application Programming Interface (In2Pay API). The patented TSM ready architecture of the In2Pay v2 allows TSM providers to support the In2Pay solution without modifying the TSM server designed for embedded or SIM based NFC solutions. DeviceFidelity has begun licensing the In2Pay API to TSM client software and mobile wallet software developers.

The In2Pay solution transforms any mobile phone with a microSD memory slot into a mobile contactless transaction device, offering a full-featured user interface that supports multiple mobile operating systems. With In2Pay v2, DeviceFidelity builds on the plug-and-play features of previous versions to meet the growing market demand for a mobile contactless solution that can interact with wallet solutions of established TSM vendors and can be issued through multiple delivery channels. In addition, with its open flexible architecture, as well as its Secure Element with integrated antenna, In2Pay v2 makes it easier for third party developers to create new value-added applications for mobile devices, such as couponing, loyalty programs, dynamic security, one-time password, virtual credit card numbers, and two-factor authentication. In2Pay supports a variety of devices irrespective of the location of the slot including models where the slot is under the battery cover and is also very easy to use; consumers simply hold their phones enabled with In2Pay flat and parallel to the merchant terminal, just like they hold their contactless plastic cards today, to make a payment. In2Pay also includes a patent pending anti-sniffing feature that disables the integrated antenna when the product is not in use to avoid unintended contactless transmission.

"We’ve seen an amazing response to our In2Pay solution from the NFC ecosystem players who have been waiting for a long time to be able to bring mobile contactless services to the mass market," said Deepak Jain, President and CEO of DeviceFidelity. "By adding new features and opening the platform to developers, we are delivering on our promise of taking mobile contactless to a larger number of devices and consumers around the globe."

"We are excited to be one the first companies to license the In2Pay API," said Nagesh Challa, CEO of Ecrio Inc. "We can now effectively make use of a large number of contactless enabled mobile devices for our applications."

“Monitise is delighted to add the payments capabilities delivered via the DeviceFidelity technologies to be made available to our growing list of Mobile Money financial institutions, to move us toward true, mobile-initiated payments,” said Lisa Stanton, Head of Global Alliances for Monitise.

TSM and wallet providers who are interested in participating in the TSM partnership program can request an information packet by emailing marketing@devicefidelity.com. More details of the program can be found at www.devicefidelity.com/partners.

About DeviceFidelity, Inc.

DeviceFidelity, Inc. develops plug-and-play technologies that empower a variety of institutions to deploy their services and applications on millions of mobile phones worldwide. Its patent-pending In2Pay^TM microSD solution transforms any mobile phone with a memory card slot into an interactive contactless transaction device. Committed to bringing contactless innovation to the mobile phone, the company has numerous patents pending in both U.S. and international patent offices. DeviceFidelity is a private corporation with headquarters in Richardson, Texas and offices in Foster City, Calif. For more information, go to www.devicefidelity.com.

About Monitise plc

Monitise plc, the mobile money people, has created the world's first mobile banking networks, which allow customers of multiple banks and mobile operators to perform banking and payment transactions directly from their mobile handset. With live services in the UK and the USA, where it has delivered the Monlink and Monitise networks in partnership with VocaLink and FIS respectively, the Company is currently working with international partners to deliver similar safe, secure mobile banking & payment services in territories worldwide. For more information, go to www.monitisegroup.com.

About Ecrio

Ecrio is the leading supplier of real-time communication and commerce client software solutions for the mobile industry, headquartered in Cupertino, California USA with R&D and support centers in Cupertino, Japan, Korea, and India. The company is privately held, with external funding provided by leading investment firms and companies including NTT DOCOMO and Visa, Inc. www.ecrio.com.

¹ MIFARE technology is a trademark of NXP Semiconductors.