Product: MagIC X1000 CDMA
Company: Axalto Inc.

At the 2004 ETA Annual Meeting and Expo, Axalto, a Schlumberger company, previewed one of its new point-of-sale products, the MagIC X1000 CDMA, a wireless terminal.

CDMA, or code division multiple access, is a technology used in wireless communications. The MagIC X1000 CDMA supports long-range wireless transmissions using 1XRTT technology. Axalto designed the product for mobile merchants who require the use of long-range wireless networks, such as home delivery or taxi services.

The device supports both on- and off-line card payments; it is also EMV approved, compliant with the latest PIN entry security standards, and compatible with the entire MagIC range of products.

It has a holster and car lighter charger, enabling an easier adaptation into different mobile environments. Axalto said the terminal is both reliable and affordable and will be available in summer 2004.

Axalto, Inc.
8311 North FM 620 Road
Austin, TX 78726
512-331-3000
www.axalto.com