Tiempo and Alcineo announce partnership for smartcard applications

La Ciotat, France - April 25, 2012 - Tiempo, expert in the design of advanced secured platforms for smartcard applications and Alcinéo, specialist in secure payment solutions, have signed an agreement to develop smartcard application on Tiempo prototype platform.

The purpose of this collaboration is to demonstrate the benefits of Tiempo TESIC platform in the context of contactless smartcard application software. The TESIC secure platform leverages Tiempo's unique power/performance auto-scaling and tamper-resistant asynchronous technology delivering unprecedented benefits for demanding embedded security applications.

With this new card implementation, Alcinéo confirms its expertise in embedded field while it keeps its card offering afloat. Alcinéo’s card payment solution has been built to optimize the hardware constraint and does not need huge memory to perform transaction computation. Alcinéo’s PayPass application, thanks to a generic architecture, can suit any targeted hardware platform or Operating System. “This valuable partnership enables Alcinéo to enhance its Payment card solution “ states Arnaud Corria, Alcinéo’s General Manager, adding “ collaborating with Tiempo, an innovative secured platform provider is a great opportunity to spread forward-looking embedded solutions.”

“Thanks to this collaboration, Tiempo will be able to expose in a real transaction environment the ultimate benefits of its core platform.” said Serge Maginot, CEO of Tiempo. “We are very happy to collaborate with Alcinéo which highly skilled software team is a perfect complement to Tiempo”

About Tiempo

Tiempo offers unique chip solutions and platforms that target secured transactions and have unmatched hardware security and speed/power performance. Its products are ideal for contactless transactions such as banking, ticketing and NFC as well as ultra-secure circuits. Tiempo solution relies on an innovative and patented clockless design technology using standard hardware description languages and ACC, its unique automated synthesis tool for clockless and delay-insensitive designs. Tiempo is headquartered near Grenoble, France, with US offices in California. More information can be found at www.tiempo-ic.com.

About Alcinéo

Alcinéo is a Software Company dedicated to embedded payment systems. It offers customized and innovative solutions for financial and security market including EMV Level 1, EMV Level 2 kernel and a contactless payment suite that meets the stringent requirements of EMV Contactless specifications (JCB, MasterCard, Visa, American Express) and the NFC standards. Alcinéo provides state-of-the art embedded kernels that allow customers to produce the most achieved products on the market while shortening their time development. Alcinéo’s software have already been certified EMVCo, MasterCard, Visa. More information at : www.alcineo.com