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Technology Stocks : BGT (Bit Integration Technology)

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Oct 11 4:00 PM EDT

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To: john mark olearo who wrote (38)	10/30/1998 8:14:00 PM
From: Eugene Lo	Read Replies (1) of 53

Mark, The announcement Microsoft made during the Paris Card show last week refer to Microsoft full support smart card in the personal computer environment (PC/SC) The "PC/SC" is not a smart card, it is a standard for smart card application developer to develop application for desktop computers running Windows 9xx or Windows NT operating system. If a smart card application developer release a software that comply to Microsoft PC/SC specifications, then it will run under Windows 9xx and NT. Applications that require a smart card reader such as home ATM, cyberspace shopping, ticketless travel, internet security, cash cards (such as Mondex)could soon be available at home and all you need is a smart card reader that comply to PC/SC specification (available from BIT)attach to your computer. The answer to your question: Microsoft is not a competitor to BIT. BIT smart card readers comply to Microsoft PC/SC specification and is available for desktop computers now(please visit www.bit-inc.com). BIT low cost smart card reader that attach to a keyboard is a solution for the mass consumer market where price is critical. Microsoft's goal: a smart card reader in every desktop and laptop computers. There must be over 100 million personal computer in use today. BIT's goal is to capture a good portion of this huge market. Very soon, a smart card reader will become a standard component in a PC similar to CD ROM, modem, mouse...etc. Product is available from BIT immediately.

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