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``Bank In Your Hand'' -- First Complete Solution to Enable Mobile Banking On Handhelds


STOCKHOLM, Sweden, Sept. 21, 2001--Blueice Research, Compaq, Infovention and Intel(R) have jointly created the world's first complete solution for mobile bank services. The solution that goes under the name, "Bank in your hand" is secure, user friendly and fast. No one else on the market can offer a similar total solution proving how simple it can be to conduct secure wireless payments and transfers using a handheld computer.

"With 'Bank In Your Hand' we want to show that there is a solution on the market today that really makes it possible for banks to be available wherever, whenever," said Anna Hane, CEO at Blueice Research.

"Bank in your Hand" enables mobile services that require a high level of security, thus primarily within the banking and finance sectors. Leading vendors from their respective areas are contributing with products, technical know-how, experience and knowledge. Blueice Research contributes with its security product Multipass, combining high security and user friendliness and offering the service provider independence from network operators and other third parties. It is also compatible with the most popular certificate authorities. Infovention has, with their vast experience within the financial applications sector, created an intuitive and functional bank application. Compaq contributes with their latest handheld computer, the Compaq iPAQ Pocket PC, that comes equipped with a W/LAN- and GPRS module and Intel's StrongARM processor. The capabilities provided by Intel Personal Internet Client Architecture (PCA) greatly expand the opportunities for creating high-performance mobile Internet products and services, both now and in the future.

"Blueice Research and Infovention have made the best mobile banking service on the market. They are at the forefront of secure digital transactions and realize the importance of combining security and user-friendliness. Our joint 'Bank in your hand' project that will be demonstrated at Networks Telecom shows the huge possibilities and areas of usage there are for a Compaq iPAQ Pocket PC," said Rikard Kindlund, Senior Product Manager, Handhelds & Wireless, with Compaq.

"As a leader in Internet and wireless technologies, Intel is committed to enable the evolution of mobile business solutions, based on the next generation mobile client architecture, Intel PCA. This solution emphasizes the need for powerful and scalable devices in order to conduct secure end-to-end mobile banking transactions over a wireless media," said Ms. Michelle Pineda, M-commerce Business Development Manager at Intel Wireless Competence Center (IWCC).

"It is very exciting to be able to present this complete solution. Banks as well as other companies that have a need for secure communication with their customers now can deploy this solution which is both cost effective and user-friendly," said Claes Puebla Smith, Director of Wireless Solutions at Infovention.

"Bank in your hand" will be demonstrated at the Intel and Compaq booths respectively at the Networks Telecom trade show in Alvso, Stockholm, September 24-26.

About Blueice Research (blueiceresearch.com)

Founded in February 2000, Blueice Research develops security solutions for all types of situations demanding digital identification, signatures and receipts. The financial sector is currently the primary target for these solutions. Blueice Research's flagship product, the Multipass, allows users of mobile phones and handheld computers to very easily conduct secure transactions on the digital marketplace. The Multipass is used to confirm the identity of the user and to create digital signatures that cannot be later repudiated by any of the involved parties. The Multipass runs on the most common operating systems that are used on handheld computers today.

About Compaq

Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at http://www.compaq.com.

About Infovention

Infovention is a Swedish IT consultant company that was started in 1997. The company works with all parts of the solution process, including strategy development, process and organisational change activities, system development, implementation and roll out. Infovention has a very strong competence in managing larger projects on a fixed price basis, where also advanced integration of underlying systems is critical. Important projects are the development of Internet banks for Swedish Foreningssparbanken, Norwegian SpareBank 1 Group and Firstviewbank in Denmark. Infovention is a part of EDB Fellesdata AS, a leading IT systems and services supplier within the financial services sector in Scandinavia. v About Intel

For more than three decades, Intel Corporation has developed technology enabling the computer and Internet revolution that has changed the world. Founded in 1968 to build semiconductor memory products, Intel introduced the world's first microprocessor in 1971. Today, Intel supplies chips, boards, systems, software, networking and communications equipment, and services that comprise the "ingredients" of computer architecture and the Internet. Intel's mission is to be the preeminent building block supplier to the worldwide Internet economy.



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