Italian Unicard goes live with Credics Technologies' award winning card processing platform, fully replacing VisionPlus.

November 9, 2004, Tel Aviv and Milano. Credics Technologies, provider of the world's most advanced card processing platform, has announced that Italy's Unicard, a large processor, has gone live with its award winning platform. The platform allows Unicard to implement unique and complex billing schemes and promotional products which have so far been unavailable via their old platform. It also provides Unicard with very quick time to market of new promotional products giving it a strong competitive market edge.

The project, which lasted 16 weeks, included complete replacement of FDI's VisionPlus platform, migration and enrichment of the existing data, addition of a completely new cards portfolio, including new affinity and private label cards, VISA certification and HSM management features.

Unicard has implemented Credics' complete solution including Credics' online authorization system, Credics' payment management system and Credics' HSM server. Unicard also utilized Credics' unique integrated migration engine, for the data migration procedures.

Unicard officials state that, "Credics' platform will allow Unicard to offer competitive promotions to our customers. It has also allowed us to quickly and effortlessly implement a completely new business model, a charity card, which would have been near to impossible via VisionPlus. We would like to commend Credics on the amazingly short time that it took them to launch a complete processing platform as we have, and on the high quality of their response and their service."

Mr. Haim Zemah, Credics' CEO, and a 20 year veteran in the field, remarked that "Credics quick and effortless implementation of Unicard's system reflects the uniqueness and revolutionary architecture of Credics Platform. I would like to compliment Unicard's staff on their quick assimilation of Credics' platform and on their help in the implementation. We see the implementation of Unicard's system as the spearhead of our operations in Italy, and from the interest sounded by other Italian firms believe Credics shall soon receive more orders from that country."

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