TLC Combines Patent-Pending Technology with State-of-the-Art Software
PHOENIX & LAS VEGAS--(BUSINESS WIRE)--July 21, 2006--The Loyalty Concept ("TLC"), an international company headquartered in Arizona, has entered into an agreement with Phoenix Technology Holdings Inc. to utilize the SCTN infrastructure to deploy TLC-powered loyalty programs throughout the United States and Canada. The agreement will allow TLC loyalty members to use their existing credit and debit cards, including gift cards, to track and earn rewards. The SCTN system will also allow retailers to offer real-time incentives and promotions at the point of sale. The SCTN system will be marketed to TLC's client base which currently exceeds more than 320 retailers nationwide
About TLC Loyalty
TLC is redefining customer loyalty using patent-pending technology. After identifying that consumers feel no recognition or appreciation when they shop or dine out, TLC invented a solution that delivers improved customer satisfaction. Providing incomparable ease of customer participation, the TLC Loyalty Solution offers an innovative frequent shopper rewards program eliminating additional retail loyalty cards by using existing customer credit or debit cards, including gift cards, to track loyal merchant purchases. What's more, customers get their credit card rewards plus the merchant TLC rewards. TLC also offers the most varied rewards options ... from a broad list of major merchant gift cards to VisaŽ or MasterCardŽ gift cards that act just like money. TLC delivers on its promise: "We Show You the Money, when you show your customers a little TLC." Visit www.tlcloyalty.com and www.tlcmerchants.com for more information about TLC's unique patent-pending programs.
About Phoenix Technology Holdings (United States) Incorporated
Phoenix Technology Holdings provide hosting, development, sales, client implementation, and system support for financial services products allowing clients to deploy sophisticated solutions easily and quickly.
About Smart Chip Technologies (Pink Sheets: SCTN)
Smart Chip Technologies' turnkey customer retention solution, including Loyalty, Pre-Paid Stored Value, Punch Cards, and Gift Cards, enables issuers, acquirers, and merchants to take advantage of real-time programs using their cardholder's existing cards using bar codes, magnetic stripes, smart chips, RFID, Internet accounts, and other consumer electronic devices. The SCTN system is a scalable, high-performance, end-to-end solution that uses an ASP model to customize the system's look and feel to reinforce customer branding. Visit www.sctn.com for information about SCTN.
Disclaimer: Any statements contained in this document that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.
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