From the News Wire

2007-10-11

SpareBank 1 Group files additional orders for Todos eCode Readers

Sparebank 1 Group has put an additional order for Todos eCode Readers.

The chip card reader device has been distributed to clients of Sparebank 1 Group member banks since 2005 and the latest order is foreseen to cover the demand for new readers until mid 2008.

Sparebank 1 Group, founded in 1996 owned by the regional Sparebanks of Norway, manages with its 1150 employees solutions and services of the group in the Norwegian marketplace. Sparebank 1 Group, based on its vast banking cooperation, generates considerable benefits through scale of economy and knowledge transfer for its member banks.

Todos is a Swedish company dedicated to providing authentication solutions for Internet banking and e-commerce. Todos have world leading competence in designing and delivering user friendly, secure, robust and cost efficient solutions. Since 1990 Todos have been designing and marketing chip card based security products to the international financial sector.

For further information please contact:
Todos Director of Sales EMEA, Mr. Ulf Dahlberg, +46 31 775 8800