SafeCharge Selects Arcot Systems Authentication Solution for Secure Internet Shopping

Sunnyvale, California -- July 9, 2007 — Arcot Systems, a leading provider of secure e-payment and authentication solutions, today announced that SafeCharge, a leading international payment service provider, has selected Arcot's TransFort online payment security solution to support their implementation of Verified By Visa™, MasterCard® SecureCode™ and JCB J/Secure™.

"Deploying Arcot's TransFort 3-D Secure Solution will provide our cardholders and merchants a powerful and well tested technology to verify and protect their identities when shopping online," said Mr. David Avgi, CEO of SafeCharge International. "We chose Arcot because of the company's proven leadership in providing banks and online merchants with a technologically superior solution for online payment security."

SafeCharge's new online payment security is based on a globally established standard called 3-D Secure, marketed as Verified By Visa, MasterCard SecureCode and JCB J/Secure™. Around the world, banks and e-merchants rely on this solution to protect payment accounts with a customer-created password that must be presented when paying online. Arcot co-developed, with Visa, the 3-D Secure application and is the leading technology provider now protecting more than 17 million payment accounts, 11,000 banks and 100,000 merchants worldwide. 3-D Secure programs are designed to bring the same level of security to Internet shopping as is available in the physical world by confirming to participating e-merchants that the online buyer is the actual cardholder.

"SafeCharge is a well known and rapidly growing international payment service provider and Arcot is proud to have such a leading company choose the TransFort solution," said Elis Nemes, vice president Europe, Middle East and Africa for Arcot Systems. "SafeCharge's e-merchants will now be able to offer their customers a possibility to shop with greater confidence on the Internet knowing that their payment accounts are better protected."

About SafeCharge
SafeCharge commenced its activities in 2000, in response to the emerging need by the e-commerce world for a reliable and secure online payment system. SafeCharge industry experts developed an online fraud detection platform to protect merchants from the risks they were exposed to in the card-not-present environment of the Internet.

Today, with subsidiaries worldwide, SafeCharge is PCI certified and an international leading payment service provider - integrating high-end payment gateway services with one of the most powerful online fraud prevention solutions available today.

Combining over seven years of industry expertise and technological know-how, SafeCharge provides e-merchants of all online industries with a complete set of secure payment solutions and services. Through SafeCharge's well-established banking relations with leading acquiring banks worldwide, merchants are able to acquire numerous direct merchant accounts without the tumultuous process of applying for new accounts with different payment providers – all this within minimal time at globally competitive rates. For more information, visit www.safecharge.com.