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XIRING : 100,000 XIRING Smartcard Readers Ordered by Moneo Payment Solutions

11/30/2011 | 12:30pm US/Eastern

Regulatory News:

XIRING (Paris:ALXIR), a security solutions provider for electronic transactions, won the call for tenders issued by Moneo Payment Solutions.

Known for its e-purse, Moneo Payment Solutions also offers many other applications that make it the leader in multiservice cards (Student, Company and City cards). It is in this context that Moneo Payment Solutions entered into an exclusive contract with XIRING for the supply of 100,000 Liteo smartcard readers over a term of one year. This order confirms the longstanding partnership between Moneo Payment Solutions and XIRING.

These 100,000 readers will allow Moneo Payment Solutions' clients and partners to carry out online recharging and purchases transactions with their Moneo card. "We would like to offer our clients the possibility of recharging their Moneo card from anywhere they have Internet access. We also intend to facilitate making anonymous payments over the Internet" specifies Serge Ragozin, CEO of Moneo Payment Solutions.

Georges LIBERMAN, Chairman and CEO of XIRING, adds, "We are happy to be helping Moneo Payment Solutions with its new direction for MONEO's success. As a major player in the field of multiservice cards, Moneo Payment Solutions is a natural partner for XIRING."

About XIRING___________________________________________________________________

XIRING, a security solutions provider for electronic transactions, develops security software embedded in smart card readers and terminals for strong authentication and electronic signatures. XIRING is the market leader in SESAM-Vitale healthcare terminals for generating and signing electronic medical claim forms or for updating healthcare cards in France and also works alongside authorities in the field of healthcare system dematerialization in international markets. In the area of electronic identity (e-ID), XIRING proposes a broad range of solutions for public authority staff and citizens to meet the latest market challenges with secure electronic identity document systems: electronic national identity cards, electronic passports, public transport cards and professional cards. XIRING is listed on the Alternext compartment of the NYSE-Euronext Paris stock exchange. For further information: www.xiring.com

About MONEO PAYMENT SOLUTIONS______________________________________________

Purchased in December 2010 by the BlackFin Capital Partners investment group, Moneo Payment Solutions has increased its offer to provide companies, local governments and administrations with multiservice solutions. Today, Moneo Payment Solutions is the leader in France in "contactless" mobile solutions and now provides a full range of applications. The Moneo micropayment solution is available throughout France for any purchase starting at ?0.01. It can be recharged in banks, post offices, ATMs, phone booth bearing the Moneo logo, and on the Internet. For further information: www.moneo.com

XIRING Press:
Pauline CIEUTAT
Tel: +33 (0)1 46 25 80 23
pressoffice@xiring.com
or
MyNTIC-PR:
Franck TUPINIER
Tel: +33 (0)6 74 68 37 93
ftupinier@myntic-pr.com
or
Moneo Payment Solutions:
Céline PAVILLON
Tel: +33 (0)1 42 99 59 21
celine.pavillon@moneo.com


© Business Wire 2011
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