CAT 4.23% $1.93 catapult group international ltd

piece of crap freefall--CAT

  1. 4,330 Posts.
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5090386
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5037097%20%20&tableid=1
    ---------------------------------------------------------------------
    http://www.equis.com/free/taaz/gannangles.html
    ---------------------------------------------------------------------
    82.5% of the low it made---18.61 (high was 19.50) just after listing on November the 9th 2000 is 3.26.325---Shares Mag sorry was 3.30---Techo Ted was 3.253.25.
    ---------------------------------------------------------------------
    75% of the low of 18.61 equals 4.65.25--------------------------support area
    ---------------------------------------------------------------------
    71.25% of the low 18.61 equals 5.36.9625
    ---------------------------------------------------------------------
    63.75% of the low of 18.61 equals 6.746125
    ---------------------------------------------------------------------
    45% of the low of 18.61 equals 9.24.45 (back on truly bullish trend)(if it can get to a 45% angle then this is the most efficient movement---unless your thinking of Britney Speares---LOL
    (as an aside the key levels stated generaly coincide with my dad aged 89 getting bashed on the bullboard or my ex wife getting rooted)
    Cheers,--Steve.
    --------------------------------------------------------------------
    Shares Mag
    Catuity (CAT) is another high-tech stock in the doldrums, as the weekly price chart shows. From highs of $23.90 at the end of 2000 to the current lows around $3.30, CAT has lost more than 85% of its value. It is now struggling to hold above the $3.00 mark.
    There was a crucial turning point for CAT in the first week of March, at "A", where three important trendlines were within a very narrow price range ($4.60–$4.70). This provided a challenge that CAT had to beat - to break above these lines - or further weakness would follow.
    CAT must now hold $3.35, because below that, only $2.83 offers help. Super support is at $2.10, although at this stage this should be out of reach. CAT must break above resistance at $4.00 then $4.11.---passed this one
    ---------------------------------------------------------------------

    ----------------------------------------------------------------------
    bullboard121 (ID#: 407073) Assuming/confidentiality/banks/cat/8/6/ann's 27/4/02 11:51:53 AM 5099350
    « Prev Msg Thread « Previous in Thread Next in Thread » Next Msg Thread »
    With announcements, assuming that when the two banks convert to Visa Smart, that Catuity is not bound by confidentiality in stating they have the banks, if the entity is bound by confidentiality, then it can only be logically speculated that because Catuity are part of the Visa Open Platform, that they indeed have the banks, which means the projected growth from that can be added to Catuity----for trading purposes to immediately move the share price however 2 announcements stating the banks in question would be bullish immediately so.

    Message Thread:
    Tiger V's The Frog- A Land Battle - Mumpork - 26/4/02 4:42:43 PM
    > Assuming/confidentiality/banks/cat/8/6/ann's - bullboard121 - 27/4/02 11:51:53 AM
    8 anns by end of yearCATat least 27/4/2002. - bullboard121 - 27/4/02 11:46:19 AM
    CTTY---5.33382--strong sell 1.75/buy2.90 - bullboard121 - 27/4/02 11:13:50 AM
    CTTY. 4.87850 Australian Dollar - bullboard121 - 27/4/02 4:22:22 AM
    Loyalty/interopearability/CAT/EMV/Australia - bullboard121 - 27/4/02 4:02:35 AM
    RE: ERG isn't in breach of CAT's patent/Visa?EMV - bullboard121 - 27/4/02 3:53:28 AM
    RE: CAT/Visa/WRT---South America. - bullboard121 - 27/4/02 3:42:43 AM
    Friars questionWRT/CAT/ERG/EMV/VISA - bullboard121 - 27/4/02 3:37:54 AM
    ERG gets CAT whether it likes it or not EMV. - bullboard121 - 27/4/02 3:12:25 AM
    Visa/dates/Europay/EMV/convert/Aust/ terminals - bullboard121 - 27/4/02 1:42:15 AM
    On CBA---my mum gets bashed at 22 dollars - january11 - 26/4/02 9:22:42 PM
    dadbashigwiferootingbritneyspeareskeylevelsCAT - january11 - 26/4/02 9:15:37 PM
    Here is opinion.---CAT - zacadazzaq - 26/4/02 7:30:40 PM
    RE: Who's side am I on?----CAT - superdrongo - 26/4/02 7:17:57 PM
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5080858
    ---------------------------------------------------------------------
    Something everyone's watching is Target Corp.'s smart credit card, which will be usable at its approximately 1,000 U.S. stores and on the Web by yearend. If the program helps Target acquire and retain customers, industry executives say, other card issuers will ramp up their smart card programs.
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5080823
    April 23, 2002
    ---------------------------------------------------------------------
    TSYS, Gemplus and IBM have announced an integrated system capable of maintaining loyalty and rewards; credit, debit or other payments; security; identification; and access on a single card with an embedded microchip.
    ---------------------------------------------------------------------
    TSYS will provide this multi-application system for smart cards by joining its global card-processing platform, TS2, with IBM's chip-management system with an application management system from Gemplus. TSYS currently serves more than 15 million smart cards in North America and Europe.
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5080702
    ---------------------------------------------------------------------
    SAN FRANCISCO--(BUSINESS WIRE)--April 23, 2002--Visa U.S.A. today unveiled the smart Rewards Platform, a fully integrated, chip-enabled rewards solution with end-to-end transaction and servicing capabilities
    --------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5080649
    --------------------------------------------------------------------
    Business and Technology Editors
    CardTech/SecurTech 2002 NEW ORLEANS--(BUSINESS WIRE)--April 23, 2002----------------------------------------------------------------------
    Visa U.S.A. and rewards-software developers Catuity and Welcome Real-time announced today an agreement to collaboratively develop interoperable solutions for smart-card-based rewards or incentive services in the United States.
    Designed to enhance the market adoption of these services, the agreement marks the first time that competing companies plan to develop and market compatible rewards solutions for banks and merchants.
    ---------------------------------------------------------------------

    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5030807%20%20&tableid=1
    pourquoi5 (ID#: 224751) Kaboom-Mount Buys Even More-25k 11/4/02 11:23:29 AM 5030807
    « Prev Msg Thread Next in Thread » Next Msg Thread »

    25,119-at average $3.74 purchased by Boom Aust Pty Ltd-his private compnay.
    See www.catuity.com announcements section.



    Message Thread:
    > Kaboom-Mount Buys Even More-25k - pourquoi5 - 11/4/02 11:23:29 AM
    RE:3.74 - intermediate - 17/4/02 3:11:32 PM
    RE: 3.74 - intermediate - 17/4/02 2:38:34 PM
    RE: 3.74 - intermediate - 17/4/02 2:12:17 PM
    RE: 25,119 at 3.74 31000 $4.00 83,881 $3.34c - intermediate - 17/4/02 10:55:53 AM
    RE: RE25,119 at 3.74 31000 $4.00 83,881 $3.34c - intermediate - 16/4/02 4:45:16 PM
    RE: General News and Comments. 25 February 2002 - intermediate - 16/4/02 7:34:13 AM
    RE:profit taking today cheers,---CAT. - intermediate - 15/4/02 1:57:37 PM
    RE-Anz Economic report 2002.Nasdaq. - pizzapasta - 14/4/02 5:43:56 PM
    RE: B/C-5/3/2002.Apr16th/24thF-May 7June 26Sep24 - pizzapasta - 14/4/02 2:21:40 PM
    RE:CAT/WRT/SCTN/ERG/IBM/VISA/OPEN - pizzapasta - 14/4/02 1:38:38 PM
    RE25,119 at 3.74 31000 $4.00 83,881 $3.34c - pizzapasta - 14/4/02 12:56:38 PM
    RE: SCTN/WRT/CAT/ERG/Visa.18/2/2002. - pizzapasta - 14/4/02 12:42:38 PM
    REThe patent/American Express. - pizzapasta - 14/4/02 12:32:01 PM
    RE: valuations of CAT based on research/thread - carldixon - 14/4/02 10:53:13 AM
    REPresenting to Cardtech.24/4/2002.Doug Andrews - carldixon - 14/4/02 10:26:53 AM
    RE:Gics/S&P/March28th/taxyearMarch30thU.S.U.K.Jap - carldixon - 14/4/02 9:12:13 AM
    new price will not stop ERG type of growthCAT - PHARLAP20 - 13/4/02 2:10:54 PM
    RE25,119 at 3.74 31000 $4.00 83,881 $3.34c - PHARLAP20 - 13/4/02 1:38:56 PM
    RE: CTTY--support/resistance. - PHARLAP20 - 13/4/02 9:52:15 AM
    REwho's a criminal?????????????CTTY - PHARLAP20 - 13/4/02 9:26:49 AM
    RE: CTTY--vol--13.200 13/4/2002. - PHARLAP20 - 13/4/02 9:20:58 AM
    RE: 25,119 at 3.74 31000 $4.00 83,881 $3.34c - zacadazzaq - 12/4/02 10:58:27 PM
    RE: 25,119 at 3.74 31000 $4.00 83,881 $3.34c - zacadazzaq - 12/4/02 9:07:01 PM
    RE: Kaboom-Mount Buys Even More-31k - PHARLAP20 - 12/4/02 12:09:41 PM
    RE: Kaboom-Mount Buys Even More-25k - PHARLAP20 - 12/4/02 12:08:41 PM
    RE: STRONG BUY GICS CAT CAT--3.25 - PHARLAP20 - 12/4/02 11:48:20 AM
    RE: Kaboom-Shares Mag---CAT - PHARLAP20 - 12/4/02 11:26:34 AM
    REAunty Pork she'll rip your bloody arms off - PHARLAP20 - 12/4/02 11:11:32 AM
    RE: Kaboom-Mount Buys Even More-25k - PHARLAP20 - 12/4/02 11:01:26 AM
    RE: Kaboom-Mount Buys EVEN More-25k - slarti - 12/4/02 10:48:52 AM
    RE: Kaboom-Mount Buys Even More4.11.5 - PHARLAP20 - 12/4/02 10:38:53 AM
    RE: STRONG BUY GICS TAX CAT 3.25 - PHARLAP20 - 12/4/02 10:16:06 AM
    RE: Kaboom-Mount Buys Even More-4.11.5 - PHARLAP20 - 12/4/02 10:05:20 AM
    RE: Kaboom-Mount Buys More-25k4.11.5 - PHARLAP20 - 11/4/02 4:12:06 PM
    RE: Kaboom-Mount Buys Even More-4.11.5 - PHARLAP20 - 11/4/02 3:04:58 PM
    RE: Kaboom-Mount Buys Even More-25kliquidity - PHARLAP20 - 11/4/02 2:01:24 PM
    bonkers 20% down on pwr sell you moron - AbbeyCohen - 11/4/02 1:46:04 PM
    bonkers sell sell powerlan 23c stop loss - AbbeyCohen - 11/4/02 1:41:38 PM
    RE: Some chartists rubbished at 3.25--H/C - PHARLAP20 - 11/4/02 1:33:02 PM
    RE: Kaboom-CAT plans to list Nasdaq. - PHARLAP20 - 11/4/02 1:27:31 PM
    RE: Kaboom-Mount Buys Even More-25k - PHARLAP20 - 11/4/02 1:21:01 PM
    RE: Derick Nimmo--full head of hair - PHARLAP20 - 11/4/02 1:01:56 PM
    RE: Kaboom-Mount Buys Even More-25k - PHARLAP20 - 11/4/02 12:58:49 PM
    Steve - rolotomasi - 11/4/02 12:42:30 PM
    REAbbey aged approx 35 lives Melbourne - superdrongo - 11/4/02 12:40:02 PM
    bonkers biggest criminal/fraud artist con artist - AbbeyCohen - 11/4/02 12:39:50 PM
    RE: please read the context--4.05--CAT - superdrongo - 11/4/02 12:35:38 PM
    RE: Abbey Cohen aged 35 married lives Melbourne - superdrongo - 11/4/02 12:33:31 PM
    bonkers you fool / stop telling people - AbbeyCohen - 11/4/02 12:16:17 PM
    RE: the greedy little dishonest ones 3.25 - superdrongo - 11/4/02 12:12:03 PM
    RE:on the/near/term/tad/overboughtStrongBuy4.11.5 - superdrongo - 11/4/02 12:05:56 PM
    RE: entity record keeping Even More-25k - rainbow8 - 11/4/02 11:35:15 AM


    The Nasdaq was the biggest ‘bubble’ of the twentieth century
    The CAT your Source of info for all kinds of things
    Most ‘leading indicators’ are suggesting that the US economy is at, or past, a turning US economy is at, or past, a turning point



    Economic outlook for 2002
    --------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5044284&tableid=1
    --------------------------------------------------------------------
    The patent/American Express.
    --------------------------------------------------------------------
    The patent action will have no effect on American Express.
    --------------------------------------------------------------------
    A spokesman for American Express said it believed Catuity's patent would have no impact on its Amex Blue card, which uses a loyalty and smartcard system to provide discounts to card holders at 14 merchants.
    --------------------------------------------------------------------
    http://www.cyberpro.ca/acadrecomm.html
    --------------------------------------------------------------------
    Welcome and Cyberpro merge
    --------------------------------------------------------------------
    Merger establishes Welcome as market leader for
    smart card-based marketing applications in North America and around the world
    --------------------------------------------------------------------
    AIX-EN-PROVENCE, FRANCE and MONTREAL, CANADA – March 5, 2002 -- Welcome today announced an agreement to merge with Canada-based Cyberpro Technologies. This merger establishes Welcome as the North American leader in marketing solutions on smart cards and further extends the company’s global leadership. Terms of the deal were not disclosed.
    --------------------------------------------------------------------
    Cyberpro is the leading provider of smart card based marketing applications in North America, with more than 60 different programs in the US and Canada. Twice in the last three years the Advanced Card Technology Association of Canada recognized Cyberpro, presenting the prestigious Lorne Boates Award of Excellence for the company’s work with Northern Stores and the Quebec Soccer Federation – McDonald’s. Cyberpro has successfully delivered applications to numerous retailers, restaurant chains, car manufacturers, museums, ski resorts & events.
    --------------------------------------------------------------------
    The combined 80-person company has a solid shareholding structure with leading smart card solutions provider Gemplus, European marketing firm High Co, Standard Chartered Bank, Dassault Multimedia, and TDF, a Singapore-based VC fund.
    --------------------------------------------------------------------
    Aneace Haddad, president & CEO of Welcome, said, “Our companies share such similar corporate cultures that our people have already begun working on customer projects together. The merger will quickly yield significant opportunities.”
    --------------------------------------------------------------------
    Daniel Tardif, president & CEO of Cyberpro, and new CEO of Welcome's Americas region agrees. “Cyberpro’s strong expertise with retailers, combined with Welcome’s expertise with financial institutions, will allow us to leverage synergies between banks and merchants worldwide,” he said.
    --------------------------------------------------------------------
    Welcome’s clients include: American Express; Akbank, Turkey; ANZ Bank, Australia; Chase Manhattan Bank, HK; Standard Chartered Bank, Singapore and Sumitomo Credit Services, Japan. Cyberpro’s clients include: Northern Stores; Toyota; Kodak; several restaurants chains including McDonald’s, Breakfast of America, Cage aux Sports, Restos Plaisirs, St-Hubert; Gordon Food Services; Trévi Swimming Pools; Tourism and leisure such as Québec Provincial Parks, Québec Ski Stations Association, the Capitole of Québec, a high-end tourism complex; the Montreal Museum of Fine Arts; the PGA Bell Canadian Open Tournament and the Confédération des Caisses Populaires Desjardins.
    --------------------------------------------------------------------
    About Welcome Real-time
    --------------------------------------------------------------------
    Welcome’s (www.welcome-rt.com and www.axiomatique.com) smart transaction platform enhances payment transactions with revenue boosting services such as instantly awarded loyalty points, coupons, punch cards, vouchers, tickets, cash back … all in a single convenient payment process. With millions of smart cards and thousands of merchants worldwide operating the company’s software, Welcome has proven repeatedly that its easy-to-deploy solution generates higher sales for its clients while increasing their customers’ satisfaction and loyalty.
    --------------------------------------------------------------------
    Welcome Real-time is headquartered in Aix-en-Provence, France, with offices in Philadelphia and Singapore.
    --------------------------------------------------------------------
    About Cyberpro Technologies
    --------------------------------------------------------------------
    Cyberpro Technologies www.cyberpro.ca develops and implements turnkey smart card systems that provide integrated marketing and loyalty solutions to retailers, financial institutions, and other issuers of card programs. Cyberpro’s combination of retail marketing experience and smart card technical expertise allows issuers to tailor solutions to various retail environments either through Cyberpro’s existing software platform or through custom development of new applications. Cyberpro’s systems are compatible with the planned smart card payment systems of Visa and MasterCard. The company’s varied loyalty and marketing implementations portfolio includes smart card projects in North America and the Caribbean. Cyberpro, headquartered in Montreal, with an office in Toronto, was founded in 1996.
    --------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5073532
    --------------------------------------------------------------------
    Larger competitors, such as Montreal-based Cyberpro Technologies, have their sights on the company. Cyberpro, which has been involved in the payment functions of Visa's smart-card system, announced March 5 that it is merging with Welcome Real-time, a French company that provides loyalty software.
    ---------------------------------------------------------------------
    Daniel Vicker, president of Cyberpro, said he's worked with Catuity employees and said they're nice people. But the two companies both want a big piece of the Visa pie.
    ---------------------------------------------------------------------
    "We are going to see a lot of action in the United States when it comes to smart-card technology," said. "Do we want to be a provider of loyalty software to Visa? Sure. What will be the conclusion? I don't know."
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=2160237&tableid=2
    ---------------------------------------------------------------------
    IBM offers systems including the CAT system, retailers say, ' why do I get this, who will use it?'. The solution was VISA, they bring it all together. Merchants already accept VISA cards.
    ----------------------------------------------------------------------
    David Macsmith-Year 2000
    ----------------------------------------------------------------------
    With our partners, Visa, the world’s largest payment system provider, Gemplus, the world’s largest smart card provider, and VeriFone, the world’s largest secure payment terminal provider, we have the critical mass and strategic positioning to become the major international supplier in the loyalty program software business.'
    ---------------------------------------------------------------------
    Cardtech September 2000
    ---------------------------------------------------------------------
    Visa Will Promote Smart Cards On Olympic Ads
    Visa U.S.A. will begin promoting its new smart card offering to consumers on nationally broadcast television commercials during the Olympic Games that begin this week in Sydney, Diana P. Knox, senior vice president of chip products, tells CardFax. TV advertising will continue through the fourth quarters, says Knox, who declines to provide details of the content of the commercials. Visa also will promote the smart card platform unveiled this week through Internet advertising, she says. In addition to raising consumer awareness of smart cards, Visa has developed a standardized package of features that any Visa issuer can use on chip-based credit and debit cards, and is providing implementation assistance to member banks. There will be no direct financial subsidies, however, to smart card issuers, Knox says. (9/13)
    ---------------------------------------------------------------------
    Three Visa Issuers Launch Smart Cards
    "American Express certainly broke new ground," Buchanan tells CardFax. "We're trying to launch a much broader platform and a more broadly available credit card." (9/12)
    ---------------------------------------------------------------------
    Visa Issuers Plan Smart Card Test, In U.S. Chip Card Breakthrough
    ---------------------------------------------------------------------
    Sources say the issuer announcements will be delayed until after the Olympic Games that begin this week, so as not to interfere with Visa's Olympic marketing push. (9/11)
    ---------------------------------------------------------------------

    CAT/WRT/SCTN/ERG.--18/2/2002.
    --------------------------------------------------------------------
    As you can see by this extract of filing, (just a small piece)SCTN do buiness with WRT---if you read the bold type letters it is easy to see why it is in WRT's interest to work with CAT.
    --------------------------------------------------------------------
    SCTN provides the loyalty application to ERG.
    --------------------------------------------------------------------
    SCTN is running into financial difficulty and is behind on payments to IBM and other creditors.
    --------------------------------------------------------------------
    WELCOME REAL TIME ---Welcome Real-Time, of Aix-en Provence, France, reached an understanding with us in July 2001 to integrate our respective intellectual properties with a view to collaborating on an industry standard architecture designed to enable the interoperability of loyalty programs on smart chips.
    --------------------------------------------------------------------
    However, the electronic payment industry's creation of the Visa Open Platform and Global Platform standards has negated the need for us to work with Welcome Real-Time to create these standards, so we do not currently expect further collaboration with Welcome Real-Time on this matter.
    ---------------------------------------------------------------------
    SCTN/WRT/CAT/ERG/Visa.
    ---------------------------------------------------------------------
    Following on from the previous post (remember these are SCTN's own words) it is easy to see why the loyalty supplier to ERG---SCTN is anxious to become part of the Visa Open Platform, in order to do that they need to deal with CAT just like Welcome Realtime does.
    ---------------------------------------------------------------------
    However, the electronic payment industry's creation of the Visa Open Platform and Global Platform standards has negated the need for us to work with Welcome Real-Time to create these standards.
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5044300&tableid=1
    --------------------------------------------------------------------
    CAT/WRT/SCTN/ERG.--18/2/2002.
    --------------------------------------------------------------------
    As you can see by this extract of filing, (just a small piece)SCTN do buiness with WRT---if you read the bold type letters it is easy to see why it is in WRT's interest to work with CAT.
    --------------------------------------------------------------------
    SCTN provides the loyalty application to ERG.
    --------------------------------------------------------------------
    SCTN is running into financial difficulty and is behind on payments to IBM and other creditors.
    --------------------------------------------------------------------
    WELCOME REAL TIME ---Welcome Real-Time, of Aix-en Provence, France, reached an understanding with us in July 2001 to integrate our respective intellectual properties with a view to collaborating on an industry standard architecture designed to enable the interoperability of loyalty programs on smart chips.
    --------------------------------------------------------------------
    However, the electronic payment industry's creation of the Visa Open Platform and Global Platform standards has negated the need for us to work with Welcome Real-Time to create these standards, so we do not currently expect further collaboration with Welcome Real-Time on this matter.
    ---------------------------------------------------------------------

    Clever Catuity patent ties up smartcards.
    ---------------------------------------------------------------------
    The smartcard operations of ERG, including its yet-to-be built Sydney ticketing system and its ANZ Bank and American Express systems, may be put in jeopardy by the granting of a broad smartcard system patent to rival player Catuity. By Katrina Nicholas (Feb 11) » Full report
    ---------------------------------------------------------------------
    AFR Article patent. 11/2/2002.
    ---------------------------------------------------------------------
    The smartcard operations of ERG, including its yet-to-be built Sydney ticketing system and its ANZ Bank and American Express systems, may be put in jeopardy by the granting of a broad smartcard system patent to rival player Catuity.
    ---------------------------------------------------------------------
    Catuity, a loyalty software systems provider listed on Nasdaq and the Australian Stock Exchange, is expected to announce this morning that the US Patent and Trademark Office has granted it an expansive smartcard system patent that will last 17 years.
    ---------------------------------------------------------------------
    It is understood the patent will cover systems for manipulating data on several devices - including smartcards - used in multiple terminals to conduct programs such as electronic payments, ticketing and loyalty programs.
    ---------------------------------------------------------------------
    Catuity chief executive Mr Mike Howe said the patent may mean other operators would find their smartcard and loyalty systems trespassed on Catuity's territory.
    ---------------------------------------------------------------------
    "A number of existing and proposed smartcard systemimplementations could fall within the scope of the Catuity patent claim," he said.
    --------------------------------------------------------------------
    "Catuity has two other patents pending in the US which would broaden its patent protection in the multiprogram and smartcardareas."
    --------------------------------------------------------------------
    It is understood similar patents will now be granted to Catuity in markets including Australia, New Zealand, Europe, Canada, Brazil and Japan.
    --------------------------------------------------------------------
    The company's chairman, Mr David MacSmith, said although Catuity had no plans to pursue its rivals for patent infringement, "having a patent with this scope will cause questions to be asked".
    --------------------------------------------------------------------
    "We've got no plans to take aggressive action and get into a patent fight -we have 17 years to do that. When we've got all the ammunition and all the facts, we'll evaluate," Mr MacSmith said.
    --------------------------------------------------------------------
    However, receiving licensing fees from other smartcard operators using technology covered by its patent could become a new and significant revenue stream for Catuity, he said.
    --------------------------------------------------------------------
    Mr MacSmith said Catuity, whose technology is used by Visa and Target in America, had been able to secure such a broad patent because it applied in 1995, when smartcard systems were still in their infancy.
    --------------------------------------------------------------------
    Should Catuity begin requesting royalties from companies deemed to infringe its patent, the group would be making others take the medicine French smartcard rival Welcome Real Time forced it to swallow last year.
    --------------------------------------------------------------------
    Last July, a Melbourne court ruled that Catuity had infringed WRT's patent.
    --------------------------------------------------------------------
    The ruling forced Catuity to ditch its Sydney-based Transcard smartcard project.
    --------------------------------------------------------------------
    Mr MacSmith said Catuity had appealed and the matter would be heard on February 25.
    --------------------------------------------------------------------
    "We believe we are outside the WRT patent. They're not going to get any significant amount of money from us," he said.
    --------------------------------------------------------------------
    A spokesman for American Express said it believed Catuity's patent would have no impact on its Amex Blue card, which uses a loyalty and smartcard system to provide discounts to card holders at 14 merchants.
    --------------------------------------------------------------------
    ERG also said it believed it would not be in breach of the patent.
    --------------------------------------------------------------------
    "Our business is not to develop loyalty systems - we buy them. We don't see Catuity as a competitor but as a supplier," an ERG spokesman said.
    --------------------------------------------------------------------
    Hi Pocketwatch--valuations.CAT.
    --------------------------------------------------------------------
    Hi Watch, down below is not my work.
    --------------------------------------------------------------------
    The person who wrote this piece is not a technology type person and without wishing to speak on his behalf not really a lover of anything with dot com after it's name! LOL
    --------------------------------------------------------------------
    He is accredited and is more of a value person, here are his thoughts (and he does not in any way shape fashion or form endorse CAT)--we asked him what he thought.
    --------------------------------------------------------------------
    I haven't altered his words in any way--just to highlight.
    --------------------------------------------------------------------
    On another note post 1954 on the ERG thread is a conversation with David MacSmith I had several months ago.
    --------------------------------------------------------------------
    PQ, I'll put some rough projections down, but please understand I do not know a great deal about CAT and as such I am making a lot of assumptions when calculating my figures.
    --------------------------------------------------------------------
    Using the bottom of the range from your projected revenue figures and assuming that there is very little marginal cost in supplying the CAT software and therefore assuming that CAT's expenses will not change a great deal from your figure of $6.6 million ($US I assume?)I come to a share price of $US6.80.
    --------------------------------------------------------------------
    I stress these figures are very rough and make a great number of assumptions. I used a p/e of 10, which although some may argue is too low I think is conservative and appropriate for something which if we assume doesn't develop any other products just becomes a reliable cash flow producer.
    ---------------------------------------------------------------------
    If we use the top of your revenue projections then the share price moves out towards $US22.
    ---------------------------------------------------------------------
    Obviously these projections for the CAT share price make the assumption that the Visa deal goes ahead and the revenues are close to what you predict.
    ---------------------------------------------------------------------
    Given that the projections are so far above the current share price makes me a little concerned that the Visa deal isn't a "done deal" otherwise the market would value CAT much higher than it does currently.
    ---------------------------------------------------------------------
    I am not making a recommendation on CAT with this post but just putting down a few thoughts. Good luck with it.----Jon.
    ---------------------------------------------------------------------
    ERG/CAT/Transcard.
    ---------------------------------------------------------------------
    1)The basis of the Catuity system is a technology called Transcard.
    ---------------------------------------------------------------------
    2)A number of years ago both ERG and CAT trialled their software together on a Western Suburbs bus system---Sydney. To test consumer acceptance.
    ---------------------------------------------------------------------
    3)As a result of the trialling a number of improvements were made to Transcard, it was then called Transwizard.
    ---------------------------------------------------------------------
    4) Welcome Realtimes lawsuit against Catuity Common was in relation to Transwizard not Transcard.
    ---------------------------------------------------------------------
    5)The basic technology called Transcard that is Catuity Common's did not trangress Welcome Realtimes technology.
    ---------------------------------------------------------------------
    Source--Chairman of Catuity--David MacSmith telephone conversation between himself and writer around 6 months ago.
    ---------------------------------------------------------------------
    Detroit, MI, April 2, 2002 - Catuity, Inc (NASDAQ: CTTY; ASX: CAT)
    --------------------------------------------------------------------
    today announced it has signed a settlement agreement with Welcome
    Real-time, of France, ending a patent dispute between the two loyalty
    software providers. The agreement results in the following:
    --------------------------------------------------------------------
    - The immediate settlement and cessation of all legal action in Australia with no material future financial consequences for either party;- A prohibition on both Welcome Real-time and Catuity from initiating any patent legal action between them anywhere in the world; and- A commitment by both Welcome Real-time and Catuity to compulsory mediation and compulsory binding arbitration for all future patent disputes wherever and whenever they occur. Appropriate documents will be filed with the Federal Court of Australia as soon as possible.Catuity also today released its 2001 financial year Form 10K filed with the US Securities and Exchange Commission on 28 March 2002. The financial results were in line with previous announcements and the Appendix 4B filed with the ASX on 16 March 2002. Catuity, Inc (www.catuity.com) is a leading provider of loyalty software systems. The Catuity software includes an integrated suite of applications that provide loyalty, ticketing, access control and membership. The Catuity Loyalty System is ubiquitous in that it can operate on any device, any card program, and with any payment process, including stored value, smart cards and wireless
    applications. Catuity unites the brick-and-mortar retailer with the Internet to enable cross-sell capabilities with consistent brand imaging across all channels.
    ---------------------------------------------------------------------
    Contact: David Mac, Smith CHAIRMAN Catuity Inc 61 - (02) - 9282 4188
    ---------------------------------------------------------------------
    or Luke Starr Prue MacSween and Associates 61- (02) - 9327 4333
    ---------------------------------------------------------------------

    Presenting to Cardtech.24/4/2002.
    ---------------------------------------------------------------------

    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5044099%20%20&tableid=1
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5028262
    Walter Nirenberg is to make a presentation Card Forum & Expo - June 2-4 2002 -CardTech Conference-April 24
    ---------------------------------------------------------------------
    LOYALTY APPLICATIONS Bill Hanifin Director, International Development, Frequency Marketing Moderator
    ---------------------------------------------------------------------
    4/24/2002 (8:30 AM to 12:00 PM)
    ---------------------------------------------------------------------
    The pace of change in card-based loyalty programs has never been greater. While some retailers and service providers are issuing record numbers of mag stripe loyalty cards, others are moving quickly to new frontiers of stored value and chip card applications. In the end, it’s not the technology, but the imagination behind the application that determines success. Hear from speakers who have conceived, implemented, and even dismantled innovative card loyalty programs, and about the latest digital cash phenomenon.
    ---------------------------------------------------------------------
    Speakers:
    ========
    Loyalty: A Formula for Success Bill Hanifin, Director, International Development, Frequency Marketing, Inc. Smart Card Value Proposition-Customer Care and Account Management
    Mark Betz, Chief Technology Officer, Incurrent Solutions Smart Bucks with Sawbucks Steve Wightman, President & CEO, Sawbucks, Inc.
    Market Segments Embracing Loyalty Chip Cards
    Doug Andrews, Senior Account Manager, Catuity Inc. Retailer Loyalty Benefits: The Key to Boosting Smart Card Acceptance Daniel Tardiff, CEO, Americas, Welcome/Cyberpro
    --------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5047800
    --------------------------------------------------------------------
    The EMV Level 2 certfication announced today for the KYC software module for its smart terminals is a significant milestone. Unless you obtain this certification you don't get your foot in the smart terminal door.As such it is a significant barrier to entry for firms seeking to offer these products
    --------------------------------------------------------------------
    .http://www.futurecompany.co.za/2002/03/22/convstoryb.htm
    --------------------------------------------------------------------
    22 March 2002
    --------------------------------------------------------------------
    Smart Cards
    --------------------------------------------------------------------
    Shrewd or shaky?
    --------------------------------------------------------------------
    BUSINESS AND GOVERNMENT WILL spend billions of rand on smart-card solutions in the next few years. Vendors talk up the benefits, but does the investment make sense?
    --------------------------------------------------------------------
    By Sasha Planting
    --------------------------------------------------------------------
    Smart-card technology is finally starting to take off in SA after years of excruciating indecision and expensive false starts.
    --------------------------------------------------------------------
    Government is defining standards for its "smart identity card", which is part of the Department of Home Affairs' National Identification System (Hanis). A tender, subject to Cabinet approval, will soon be issued.
    --------------------------------------------------------------------
    Local banks are on track to meet the first deadline for their conversion to the Europay, MasterCard, Visa (EMV) standard, essential if smart cards are to be widely deployed and adopted in the financial services sector.
    --------------------------------------------------------------------
    Smart cards are also being used in some schools, technikons and universities. Indeed, 10m South Africans already use smart cards every day - they are used in cell phones for authentication on cellular networks.
    --------------------------------------------------------------------
    Also, government, the banks (through the Reserve Bank), the EMV Forum, the Common Electronic Purse Specifications Forum, and the IT industry are co-operating to define the standards for the country, a major improvement on a few years ago. In the mid-Nineties, SA's four big banks couldn't agree on a joint payment standard. Absa and Standard Bank pulled out of a process to develop a proprietary SA solution. Instead, they chose the then-emerging global standard, EMV.
    --------------------------------------------------------------------
    But why are smart cards important? Invented nearly 30 years ago, they are similar to regular plastic cards, but are embedded with integrated circuits. This marriage between a plastic card and a microchip allows a relatively large amount of information - several hundred times more than a conventional magnetic-stripe card - to be stored, accessed and processed online or offline.
    --------------------------------------------------------------------
    The value of smart cards lies in their enhanced identification and verification features, which can be used to combat fraud. But as these cards become ubiquitous, other opportunities become obvious. These include authenticating access to applications (particularly for e-commerce transactions), loyalty programmes, mass transit and ticketing, toll payments, public parking, hotels, airlines, secure receipt and physical access control.
    --------------------------------------------------------------------
    Smart-card deployments are approaching critical mass worldwide for government, banking, retail and mobile needs. Europe and Asia lead the world in their use. SA lags behind but, interestingly, is still ahead of the US.
    --------------------------------------------------------------------
    Half a billion smart cards were in use in 2000, according to global research group Meta. This will rise to more than 1bn by next year.
    --------------------------------------------------------------------
    Smart cards have particular benefits for a developing market, such as SA, says Steven Sidley, marketing director at Prism Technologies. He says the biggest opportunity is with the previously unbanked. Government's smart identity card, provided it is linked to an application for an electronic purse (e-purse), will extend banking services to this market. For instance, instead of handing cash over to pensioners at pension pay-out points, the funds could be loaded on to the ID card's e-purse. Purchases could then be made using the card as if it were a debit card. But, instead of the merchant terminal dialling the bank for verification, the terminal could deduct funds directly from the card. Theoretically, even informal traders, armed with a chip-card reader, could conduct cashless transactions.
    --------------------------------------------------------------------
    Also, smart cards mean less cash in the system and, therefore, less crime - whether it's petty thieves preying on vulnerable pensioners or sophisticated hijackers lying in wait for cash-in-transit vehicles.
    --------------------------------------------------------------------
    Identity fraud, welfare fraud and credit-card fraud are challenges for government and the banks, says Sidley. Smart cards, with their security features, will change the security profile of IDs, pension pay-out schemes and credit cards.
    --------------------------------------------------------------------
    The case for a national smart-card policy is strong. But what is technologically possible must be balanced against the potential costs. The bill for introducing a smart citizen card will be steep - hundreds of millions and possibly even billions of rand. Hanis director Ernest Ledwaba admits that it will be expensive. "We cannot consider the costs in isolation, but must weigh them against other costs such as identity fraud and social welfare fraud."
    --------------------------------------------------------------------
    Most government departments have an application they "need" on the ID card. With finite resources, defining the business case and establishing the specific returns at the level of individual ministries is imperative.
    --------------------------------------------------------------------
    SA's banks have little scope for debate on the business case. "The migration from mag-stripe payment cards to smart cards equates to no more than a mandatory technology replacement initiative," says Ian Povey, a specialist in card services at IT services company EDS.
    --------------------------------------------------------------------
    The reason for this is the payment associations, Visa and MasterCard, have tied their members (the banks) into a tight migration path. By January 2005, they are expected to have moved their mag-stripe debit and credit cards and payment infrastructure, including ATMs and point-of-sale devices, to EMV. With 10 000 ATMs and more than 120 000 point-of-sale devices countrywide, this is no mean feat. "In 2005, the liability reversal' kicks in," says Gary Byrne, head of payment solutions at MasterCard. "Currently, the acquiring bank [the retailer's bank that handles the electronic transaction] pays if the transaction is fraudulent. But in 2005, responsibility for bad debts will be vested with the issuer [the fraudulent shopper's bank, which issued a card that was not an EMV-compliant credit or debit card]."
    --------------------------------------------------------------------
    However, individual banks and retailers are finding it difficult to define a specific business case. "The roll-out of a smart-card infrastructure is a [huge] and expensive project," says Loraine von Hoesslin, assistant general manager for e-business at Nedcor.
    --------------------------------------------------------------------
    SA is just one of many countries grappling with the competing objectives of improving service to citizens and customers and the cost of doing so.
    --------------------------------------------------------------------
    "Hence the global trend, which sees banks, governments and service providers working together to provide people with secure and convenient access to multiple services. This unlocks the opportunities for the parties concerned," says Povey.
    --------------------------------------------------------------------
    It's easier said than done. "Theoretically, there are huge opportunities to partner retailers, utilities or government to deliver multi-application solutions to the public. But the physical delivery of these is complex," Von Hoesslin says. Issues such as co-branding, who pays for what part of the infrastructure upgrade, and apportioning revenue complicate the subject of multi-application cards involving third parties. We will continue to engage with government, but "we are more likely to roll out multi-application cards that are restricted to our own environment first," she says.
    --------------------------------------------------------------------
    It is these applications that define the business case and ensure competitive advantage. The banks, unsurprisingly, are unwilling to divulge too many secrets before they need to.
    --------------------------------------------------------------------
    Government, though, has to be open about its plans. Home Affairs must work closely with the departments of Communications, Social Development, Housing, Justice, Labour and Arts, Culture, Science & Technology - all of which have an interest in building applications into the ID card. Government wants a smart card that provides a single interface between citizens and government, complete with an e-purse. It's a challenge that even seasoned negotiators would balk at.
    --------------------------------------------------------------------
    Just agreeing on common technology specifications is a tortuous process and it's one that cannot be completed successfully without a common vision. All the stakeholders are co-dependent. The banks and retailers hold the key to the payment infrastructure and government can deliver the critical mass that is needed. "The complexities around the individual components government wants, such as the e-purse, are significant," says Sidley. Globally there is no business case for e-purses. Yet, there is a social need for a payment solution that will reach the broader population.
    --------------------------------------------------------------------
    Biometrics, where machines can be used to recognise people by their physical or behavioural characteristics, is also on government's wish list. "But unlike payments or the e-purse, there is no global standard for biometrics," says Ledwaba. Government has asked the SA Bureau of Standards to help to set its own standards to ensure interoperability between technology solutions. "We do not want to be locked into one vendor," he says. "We require a framework that is open, viewed as neutral and addresses the minimum security, regulatory and standards profiles."
    --------------------------------------------------------------------
    To achieve a successful roll-out, government must balance the competing objectives of different departments with the need to deploy the ID card as rapidly as possible. Even then success is not guaranteed. The roll-out of the ID card is put at 18 months from Cabinet approval. But the complexity in developing a mass smart-card scheme should not be underestimated, says Sidley. "Changing people's payment behaviour is not easy."
    --------------------------------------------------------------------
    For smart cards to be successful, says Povey, SA must recognise they are more than just a fraud management system. They are "catalysts for change". "Unlocking opportunities through collaboration should allow government and local organisations to identify an accelerated payback on the initial investment," he says.
    --------------------------------------------------------------------
    The business case, though, remains painfully elusive.
    --------------------------------------------------------------------
    http://www.futurecompany.co.za/2002/03/22/convstoryb.htm
    --------------------------------------------------------------------
    22 March 2002 EMV AND CEPS How they work By Sasha Planting
    --------------------------------------------------------------------
    Europay, MasterCard and Visa (EMV) is a common framework to enable chip-based debit and credit cards. In 1999, Europay International, MasterCard and Visa formed EMV Co to manage, maintain and enhance this specification, which is an interface between the card and the smart-card reader.
    --------------------------------------------------------------------
    The Common Electronic Purse Specifications (CEPS) standardise the underlying technology for an interoperable electronic purse system, one of the applications one can load on to a smart card. A bank, for example, could issue stored value to its customers who then transfer that value from their accounts to the cards at an ATM, PC or specially equipped telephone. No credit check or signature is needed and validation, when required, is by pin number. Funds will be deducted directly from the cards and transferred to the merchant's terminal. When the money on the card is spent, consumers will be able to load additional funds from their accounts, or, in the case of SA's pensioners, for example, wait until the next month's pension pay-out.
    --------------------------------------------------------------------




    Well said
    The link is a financial marketsglossary.
    .


    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=4887973%20%20&tableid=1
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5073837

    21/4/02 3:56:32 PMilrobbinrosso (ID#: 406483)
    -----------------------------

    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5073954

    LOS ANGELES--(BUSINESS WIRE)--April 18, 2002--Oberthur Card Systems was chosen by 13 out of the first 15 Italian banks that are migrating to smart card technology to supply debit/credit cards for the initial rollout. In accordance with the mandate issued by Europay, MasterCard and Visa (EMV specifications), all magnetic stripe cards must be replaced by smart cards in Italy and throughout Europe by 2005.

    http://www.michigan.craintech.com/cgi-bin/article.pl?articleId=1818
    ---------------------------------------------------------------------
    Mass deployment of the "smartVisa" system is scheduled for May. Catuity is the only approved loyalty supplier for for Visa's smart-technology card, which accounts for 70 percent of its business.
    Target plans to launch its loyalty program sometime before the holiday shopping season. Almost 7 million cards have been issued with the technology. Catuity settled a lawsuit with a French company regarding a patent dispute.

    -----------------------------------------------

    http://www.credit-cards-insurance-quotes.com/first_usa_visa.htm
    ---------------------------------------------------------------------First USA is the largest issuer of Visa credit cards.
    ---------------------------------------------------------------------
    The company offers high-value credit cards for consumers and businesses and as of December 31,2000 First USA Visa has 51.7 million card holders.
    ---------------------------------------------------------------------
    First USA began operations in 1985 as a subsidiary of a major Texas-based financial institution, completed a management-led leveraged buyout in 1989, became a public company in 1992 and merged with BANK ONE CORPORATION in 1997.First USA is based in Wilmington, Delaware.
    ---------------------------------------------------------------------
    http://www.themonsterhookup.com
    Smart Visa Credit Cards
    All cards are reviewed to help you find the best one for you: Visa, MasterCard, American Express, student and platinum. Cards for people with poor to excellent credit! Affiliate.
    ---------------------------------------------------------------------
    http://buyfinder.com
    Apply online for a GetSmart VISA card
    Get a low-interest GetSmart Visa card from Providian Bank; apply online and get instant approval. Links to the best Visa and Mastercard deals online.
    ---------------------------------------------------------------------
    http://leisure.golinq.com
    Links To Credit Cards With Low Interest Rates
    Great Links to APPLY ONLINE for MASTERCARD, VISA OR AMERICAN EXPRESS Credit Cards!! Get LOW 0% INTRO APR or 2.9% INTRO APR - Also, links to LOANS and INSURANCE!!
    ---------------------------------------------------------------------
    http://www.themonsterhookup.com/credit_card_applications.htm
    ---------------------------------------------------------------------
    Choose From the 15 Best US Credit Cards
    All cards are reviewed to help you find the best one for you:Visa, MasterCard,American Express, Student, Secured cards,Capital 1 Visa, , Gold, Platinum,Titanium, Diamond. Cards For people with poor to excellent credit!
    ---------------------------------------------------------------------
    http://clickserve.cc-dt.com/link/click?lid=297507
    ---------------------------------------------------------------------
    Smart Visa - First USA
    ---------------------------------------------------------------------
    Apply for a Visa with a 0% APR into, 5% cash back from select merchants, and embedded smart chip security. Comes with a free smart card scanner.
    ---------------------------------------------------------------------
    http://www.cashforbills.com/blue_from_american_express.htm
    ---------------------------------------------------------------------
    Blue From American Express
    0% Intro APR, No Annual Fee. Get Blue from American ExpressSM.
    ---------------------------------------------------------------------
    http://www.1stcardz.com/smartvisa.shtml
    ---------------------------------------------------------------------
    Bank Smartvisa card The gift of lower rates From first time to smart cards
    ---------------------------------------------------------------------
    http://www.smartvisacard.com/
    ---------------------------------------------------------------------
    Smart Visa Card, Providian Fleet credit cards getsmart, First USA FusionCompare the Smart Visa Credit Cards, Providian, First USA, Fleet (get smart Visa & Fusion smart card) Online applications for many credit cards, apply today.
    ---------------------------------------------------------------------

    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5075414

    Catuity's software operates both on smart cards and on traditional mag-stripe cards.The focus has always been on smart card developments,in my view to the detriment of the mag-stripe opportunity.

    A careful reading of the Annual Report supports this assertion.

    In the Strategy section of the 10-K(page 8)Catuity stresses that one of its five strategies is:

    "Pursuing large card issuing retailers(private label card)market,including large multi-lane retailers"

    These are card issuing retailers(like your DJ's card).

    Last year Catuity released the Loyalty OTC enhancements which were directed to merchants who issue mag or smart private label cards and gift cards and which ensured that the full range of benefits of the Catuity system were available to these issuers.

    Obviously this was to respond to a demand from those retailers who do not yet wish to spend on conversion to smart but are interested in using Catuity software on mag-stripe.

    In the General Market Information section of the 10-K(page 6) it is said :

    "We anticipate that the private label card market will begin utilizing Catuity's software with their magnetic stripe payment cards in 2002 and some may begin converting to smart cards by the end of 2002"

    There must have been some basis for that statement,which suggests that more than one multi-lane retailer has plans to use Catuity on mag-stripes this year.A number of them have been testing loyalty over the last year and these press reports have been posted here.They include Sears,Burger King,amongst others.

    Part of that old confidentiality problem referred to in the US print article posted on the weekend I guess

    . http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5075536

    CAT Catuity Inc COMM/CUFS Total Trades Total Volume Last Trade V.W.A.P* 6 3,534 414 411.5 * Volume Weighted Average Price
    TradeNumber (s) TimeLast Traded Price Volume Change Value Number
    of Trades 5 - 6 3:33:49 pm 414 1,300 4 $5,382 2
    1 - 4 10:52:18 am 410 2,234 $9,159 4
    ---------------------------------------------------------------------
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5062938
    ---------------------------------------------------------------------
    Shares Mag--agree's with analysis given last time it rose--when stated it had to get over 4.11.5 (Ozestock)
    ---------------------------------------------------------------------
    Report/Visa U.S.A.
    ---------------------------------------------------------------------
    Once again down below is not my own work, I am sure the person concerned does not mind though it is posted to show the growth involved.
    ---------------------------------------------------------------------
    This is a report from a Visa USA executive at the highest level.
    --------------------------------------------------------------------
    She is saying that Visa expects the issuers to double this year.They are in the pipeline.
    --------------------------------------------------------------------
    But even more importantly-she stresses that loyalty is what is selling it.
    --------------------------------------------------------------------
    The statement is backed up by Cards etc(who makes the applications software framework) some few months ago saying they had projects in the pipeline with Catuity.
    --------------------------------------------------------------------
    Also it becomes more inevitable once the biggies-chase and Citibank rollout as they said they intend to do.
    --------------------------------------------------------------------
    The others will have to follow suit or be beaten in the marketplace.
    --------------------------------------------------------------------
    The only approved loyalty supplier is Catuity.
    --------------------------------------------------------------------
    QED-remember those financial forecasts by Catuity were qualified by the statement that they could be substantially exceeded if the rate of smart card issuance and adoption increases beyond expectations.
    -------------------------------------------------------------------
    From card Technology
    Visa U.S.A. expects to have eight credit card issuers deploying Smart Visa cards by this time next year, says Diana Knox, senior vice president of smart card applications and development. Currently, First USA, Providian Financial, FleetBoston and Target Corp. issue the Smart Visa card. “We have new issuers in the pipeline,” Knox says.
    --------------------------------------------------------------------
    “We have a financial services community that will take a leadership roll once the market opens up again.”
    --------------------------------------------------------------------
    While there are 10 million Smart Visa cards in the marketplace in 2002 Visa is focusing on the non-payment applications for smart cards, such as loyalty and secure access, Knox says.
    ---------------------------------------------------------------------
    “We have found through our discussions with merchants that rewards is an issue that resonates with them,” Knox says.
    ---------------------------------------------------------------------
    “By using chip they can do things with a rewards program that they are not easilyable to do with magnetic stripe.”
    ---------------------------------------------------------------------
    CAT Description: CATUITY INC CHESS DEPOSITARY INT Market Status: Normal Time: 22/04/2002 - 14:37:28
    Last Change In Value Change In Percent
    4.4000 0.2600 6.2802%
    High Low Opened Closed Trades Volume Traded All Ordinaries
    4.4000 4.2500 4.2500 4.1400 21 23,695 14:37:28 3,365.6999 0.3189%

    Buyers Sellers
    Quantity Units Price Price Units Quantity

    1 174 4.3500 1 4.4000 847 1
    1 2,000 4.3200 2 4.4400 1,050 1
    1 15,000 4.3000 3 4.5000 2,390 2
    1 2,199 4.0000 4 4.5500 2,480 2
    1 300 3.6400 5 4.6200 2,450 1
    1 1,000 3.5500 6 4.6500 360 1
    1 1,600 3.5300 7 4.7000 1,000 1
    1 5,500 3.5200 8 4.8000 5,500 1
    1 1,100 3.5100 9 4.9000 1,300 2
    1 200 3.5000 10 5.0000 1,200 1

    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5075719
    AGM is on the 23/5/2002 on page 15 of the annual report received in mail today is an amount of 75000 options with an exercise price of $6.31---American currency.
 
watchlist Created with Sketch. Add CAT (ASX) to my watchlist
(20min delay)
Last
$1.93
Change
-0.085(4.23%)
Mkt cap ! $373.4M
Open High Low Value Volume
$2.00 $2.00 $1.90 $1.351M 690.0K

Buyers (Bids)

No. Vol. Price($)
1 558 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.93 28053 3
View Market Depth
Last trade - 16.10pm 20/01/2020 (20 minute delay) ?
(live)
Last
$1.94
  Change
-0.085 ( 3.49 %)
Open High Low Volume
$1.99 $2.00 $1.91 78393
Last updated 15.58pm 20/01/2020 (live) ?
CAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.