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Technology Stocks : Smart Cards

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To: Eric L who wrote ()10/29/1999 12:52:00 AM
From: highdragon  Read Replies (1) of 343
 
New application for smart cards:

( BW)(CA-KAOSC) KAOSC Offers the Successful Individual US$1000 for Beating Smart Card Gaming Security

Business Editors/High-Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Oct. 28, 1999--KAOSC, a provider of smart card innovations, has recently expanded the scope of the smart card poker challenge in order to solicit interest from entities and individuals not directly associated with the smart card industry.
KAOSC is so confident in it's smart card based poker game that it has issued a challenge to any individual or entity to attempt to bypass the game's controls. Gavin Shenker, KAOSCs CEO and President, commented "Smart cards are an ideal vehicle for gaming as they are secure, intelligent and compact devices used extensively in the cellular phone and banking industries. The growing smart card infrastructure being driven by companies like Microsoft (Nasdaq:MSFT) and American Express (NYSE:AXP) creates an ideal base on which to piggyback a system such as smart card gaming."
To make it even easier to participate in the challenge, KAOSC (www.kaosc.com) is offering to supply the first 50 respondents with a Poker Smart Card Gaming card. Respondents to info@kaosc.com must include their physical address and should provide some information about the smart card reader that they will be using.
Shenker remarked, "Recently, US interest in smart cards has increased considerably. This is not only due to extensive press coverage but can also be linked to certain new developments across a number of industries. The most noticeable initiative being the Blue card with which American Express goes so far as to offer a free smart card reader to be used along with the card provided.
"In addition, an increasing number of devices are being shipped with smart card readers as standard and practically all new devices are configured in a manner which makes the inclusion of a smart card reader a simple exercise."

About the Smart Card Gaming Challenge:

This challenge is an invitation to any interested party to attempt to determine a manner in which to bypass the security of the smart card gaming system. That is to circumvent the controlling features of the smart card gaming software and as such be able to maintain a positive balance of units that continually increases.

About KAOSC

KAOSC is a provider of services relating to the granted and pending patent entitled "a method and apparatus for controlling a gaming operation." During the course of 2000, KAOSC will develop and release comprehensive products to support operators of the system.
The first product is an adaptation of an Internet gaming site in which the crediting and redemption of units will be performed in the same manner as current Internet gaming sites. However, the actual playing of the games will be achieved with smart cards in a totally off-line manner.

--30--jb/sf* lmm/sf

CONTACT: KAOSC
Gavin Shenker, 415/613-4579
info@kaosc.com
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