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NEWS FLASH 2000 - 32 (Sept. 2000)
(Updated on Sept. 13, 2000)

PRODUCTS, SERVICES & APPLICATIONS

EncrypTix Unveils Secure Service for Purchase/ Delivery/Redemption of Value-Bearing Items

With the support of its strategic partners, AMEX, Disney, and Loews Cineplex, EncrypTix™, Inc., a majority subsidiary of Stamp.com, has unveiled its end-to-end wireless transaction solution. The Company ‘s offering is a highly secure service for the purchase, delivery, and redemption of tickets or other value-bearing instruments over a wireless network.

EncrypTix enables customers to purchase and take instant delivery of such value-bearing items as theatre tickets, gift certificates, and boarding passes into PDAs, handheld PCs and Internet-enabled mobile phones. In effect, the device becomes the actual value item and can be scanned by the vendor for verification.

At the recent DEMOmobile 2000, EncrypTix demonstrated the technology using a Palm™VII device and infrared redemption scanner.

Besides its existing partners, the company is establishing alliances with wireless handset and device manufactures to develop a secure platform so value items can be delivered to any mobile or wireless device.

For more information: www.encryptix.com

Mobileinfo Comments and Advisory: A lot of attention is being paid to buying theatre tickets, cinema tickets - "spur of the moment" buying decision when you are out and about. Security is key. EncrypT ix taken that into account. They have got strong partners. Looks like that this will succeed. 

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.

All trademarks used in this summary are the property of their respective owners.


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