Menalco, a TII Company, to roll out the Phoenix exclusivity licensed SCTN loyalty for EMV debit and credit cards

Notes and media contacts

About The International Investor

TII is a leading Kuwaiti based shareholding company, established in 1992 by institutional and private investors. The company was listed on the Kuwait Stock Exchange in 1996, and subsequently on Bahrain Stock Exchange. One of TII's distinct competencies has always been the ability to predict future trends and identify new opportunities in the financial service industry. In recent years TII has augmented our core competencies from being the world leading wholesale Islamic Investment Bank to include innovative non-bank financial services.

About Phoenix Technology Holdings Incorporated

Phoenix Technology Holding, Inc., provides hosting, development, sales, client implementation, and system support for not only financial services products but also for several other products and services allowing clients to deploy sophisticated solutions easily and quickly, not only in the US and Canada but also at the multi-national level throughout the world.

About Smart Chip Technologies

Smart Chip Technologies' turnkey customer retention solutions, 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. (www.sctn.com)

CONTACT: Smart Chip Technologies, +1-702-341-2076