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Press Release

Blue Bamboo Selects KORE Telematics to Power Point-of-Sale Payment Growth

Posted by Alex Brisbourne on May 26, 2009
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Partnership Provides Reliable, Affordable and Secure Mobile Payments to Blue Bamboo Customers

Reston, Va. and Lake Mary, Florida—May 26, 2009—KORE Telematics, the world's largest digital wireless services provider specializing in machine-to-machine (M2M) communications, today announced it has teamed with Blue Bamboo to help power electronic payments using the H50 Terminal, a new entry in the rapidly growing wireless point-of-sale (POS) marketplace. Relying on the KORE network for ubiquitous, real-time data transmission, Blue Bamboo can now offer secure, affordable POS payment applications to customers operating in mobile environments.

Blue Bamboo's all-in-one H50 is a versatile handheld POS terminal with configurable communication modules supporting GPRS, Bluetooth and dial-up connectivity. Its GPD/STIP multi-merchant, multi-application platform enables highly flexible payment processing. The H50 has received PCI-PED, EMV Level 1 & 2, PABP and MasterCard PTS certifications. Packaged in a sleek ergonomic design, the H50 enables mobile professionals to process secure, electronic payments in a simple, reliable and affordable manner. With Blue Bamboo's H50 Terminal, merchants can save time, reduce processing fees, prevent fraud and minimize losses resulting from non-swiped transactions—all of which contribute to a quick return on their technology investment. KORE provides Blue Bamboo with an integrated wireless network with the coverage, reliability, comprehensive management and optimized usage plans required to deliver these POS payment applications.

"We selected KORE for their superior network connectivity and exceptional customer service," said Justin Anderson, vice president of Americas, Blue Bamboo. "Due to the nature of our business, we simply cannot afford to run into any coverage or connectivity issues when a card is being swiped at the point of sale. With the KORE SIM and their wireless backbone, we have been able to offer secure, reliable and affordable POS applications to our mobile workforce customers. Additionally, the KORE PRISM management portal, a self-managed platform with Web and API real-time control options, enables us to more efficiently manage our use of the KORE network."

"The wide geographic coverage and high reliability of our network is critical to our partners' offerings," said Alex Brisbourne, president and COO, KORE Telematics. "Increased security for merchants and consumers alike delivered through the use of wireless processing, without the card disappearing from the customer's view, is driving rapid adoption. At KORE, this security and reliability is built-in because we recognize that the network is a critical asset for partners like Blue Bamboo that are bringing innovative payment management solutions to the market."

KORE is the only M2M provider with direct, reliable connectivity and dual redundant network centers supporting access through the extensive CDMA and GSM networks of Tier 1 carriers. Its extensive network service offerings span the globe, serving the entirety of North America and with full international reach. Delivering services through the company's pioneering PRISM Gateway, KORE application and solution partners have real-time control and management of activation, usage and alarms for their widely deployed M2M solutions.

About Blue Bamboo
Blue Bamboo designs and markets feature-rich and exceptionally affordable products for the POS terminal and peripherals industry. Blue Bamboo's robust electronic payment technology delivers scalable, customer-centric wireless and retail payment solutions which meet PCI and EMV standards all in a secure, reliable and versatile design. Visit www.bluebamboo.com or email sales@bluebamboo.com.

About KORE Telematics
KORE Telematics is the world's largest fully digital wireless network provider specializing in the rapidly-expanding machine-to-machine (M2M) communications market. Companies in fields as diverse as security, utilities, health care and fleet management, as well as government agencies, are implementing M2M solutions to achieve productivity gains, cost management, environmental improvement and to expand customer services. Through its extensive network of application and hardware partners, KORE enables complete solutions for vehicle tracking, homeland security, automated metering and dozens of other M2M applications. KORE's long-term, direct agreements with Tier 1 wireless operator partners allow it to offer a range of technologies—including GSM, HSPA, CDMA and EV-DO—that ensures the greatest possible reliability and coverage. For more information, please visit www.koretelematics.com.