KAL Announces Availability of the Kalignite EMV Kernel for ATMs

24 March 2004 - Press Release

Edinburgh, UK - KAL is pleased to announce the certification and immediate availability of the Kalignite EMV Kernel for use on ATMs, Kiosks and all self-service / branch teller systems.

The Kalignite EMV Kernel is an application component running on KAL's Kalignite Software Platform making it fully multi-vendor and usable on all EMV "level-1" compliant Automated Teller Machine (ATM) hardware.

Steve Hensley, Executive Vice President of Worldwide Sales for KAL said, "This announcement illustrates our commitment to continuously enhance the Kalignite software suite to support important standards like EMV. EMV-enabled ATMs will significantly reduce card-based fraud and will enhance the security of ATM transactions".

EMV is a worldwide standard for using smartcards along with a PIN number to secure ATM and POS transactions. Sometimes known as the "chip and PIN" initiative, EMV will be the standard way of executing ATM and POS transactions in Europe and many other countries from the beginning of 2005.

KAL's development partners can incorporate the Kalignite Software Platform along with the Kalignite EMV Kernel into the software solutions they provide to their customers greatly reducing the time it takes to implement EMV compliant systems. Alternatively KAL provides Kalignite Applications that are integrated with the Kalignite EMV Kernel and are built upon the Kalignite Software Platform.

The Kalignite EMV Kernel was awarded Level 2 Type Approval by EMVCo LLC on 28th January 2004 following successful testing against the EMV 2000 Specification (Version 4.0) including all "EMV Errata".

About KAL

KAL is the leading provider of multi-vendor software for Automated Teller Machines (ATMs), kiosks and branch-teller systems. KAL's flagship product suite is Kalignite. Kalignite enables the creation of hardware independent applications built upon open standards such as XFS and EMV with full support for web technologies such as HTML, TCP/IP, and XML. KAL software solutions provide unparalleled functionality, maximum flexibility, mission critical robustness, and security.

KAL guarantees that Kalignite-based software will run on hardware systems manufactured by ATM vendors from every region of the world, offering our customers the largest choice of hardware. Kalignite is fully integrated and tested on hardware from 23 ATM vendors worldwide. Kalignite solutions may be deployed on the world's smallest ATMs using our Windows-CE platform as well as run seamlessly on the most sophisticated ATMs running Windows XP, with features such as cash recycling, bunch cash acceptance, passbook and check processing.

For more information, please contact Steve Hensley in the US on (937)748-0599 or Matthew Wood in the UK at +44 131 659 4900. Alternatively, e-mail us at info@kal.com or visit our website: www.kal.com.

KAL Media Contacts:
Steve Hensley
KAL US
937-748-0599
steve@kal.com

Matthew Wood
KAL UK
+44 131 659-4900
matthew@kal.com

EMVCo Disclaimer: EMVCo approval of the interface module (EMV Application Kernel) contained in this Terminal shall mean only that the EMV Application Kernel has been tested in accordance and for sufficient conformance with the EMV Specifications as of the date of testing. EMVCo approval is not in any way an endorsement or warranty regarding the completeness of the approval process or the functionality, quality or performance of any particular product or service. EMVCo does not warrant any products or services provided by third parties, including, but not limited to, the producer or provider of the EMV Application Kernel and EMVCo approval does not under any circumstances include or imply any product warranties from EMVCo, including, without limitation, any implied warranties of merchantability, fitness for purpose, or non-infringement, all of which are expressly disclaimed by EMVCo. All rights and remedies regarding products and services which have received EMVCo approval shall be provided by the party providing such products or services, and not by EMVCo and EMVCo accepts no liability whatsoever in connection therewith.