Both organizations expressed great appreciation for their partnership. Phoenix continues to exceed expectations in the level of customer growth, servicing customers, sales and professional services. Together both companies have been able to achieve some tremendous milestones in such a small period of time. Furthermore, the outlook has never been so promising, with new clients, markets and opportunities ahead.
About Phoenix Technology Holdings Incorporated
Phoenix Technology provides hosting, development, sales, client implementation and system support for customer retention solutions allowing clients to deploy sophisticated strategies easily and quickly. (http://www.phoenix-tec.com)
About Smart Chip Technologies (OTC: SCTN)
Smart Chip Technologies' turn-key customer retention solution, 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 technology, such as SMS and MMS cellular phones. 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. (http://www.sctn.com)

