The team has quickly advanced the concept of FED
technology for use in automotive applications from the design stage to the evaluation phase.
With this sale, FEDS
has taken a significant step towards becoming a major player in the global payment processing industry," said David Lema, Chief Executive Officer of FEDS
We are delighted to have United Overseas Bank Malaysia as our first partner bank in Malaysia," said Steve Corbin, President of FEDS
ECM has selected PixTech's FED
for its ability to provide clear and precise images even in direct sunlight conditions.
The 100% ownership of FEDS
by First Ecom is a significant step in our overall strategy of becoming a major player in the payment processing field," said Gregory Pek, president and Co-CEO of First Ecom.
These uncertainties include, but are not limited to, the risk associated with transitioning to high volume manufacturing of FED
displays at Unipac, product demand and market acceptance risks, commitment of Unipac and/or of PixTech licensees, PixTech's ability to grant other licenses under FED
technology, validity and enforceability of PixTech's patent rights, infringement by PixTech of others' patent rights, impact of competitive product and prices, product development, commercialization or technological delays or difficulties, trade, legal, social and economic risks detailed in PixTech's Securities and Exchange Commission filings, including its annual report on form 10-K for the year ended December 31, 2000 and any subsequent filings.
The company also stated that the development phase of its monochrome FED
development has been completed and the product responsibility has been transferred to the manufacturing organization.
and the Bank of Bermuda, FEDS
is an independent third party processor.
Nasdaq:FECC), (BSX:FECC), (FECC BH), a global provider of electronic payment processing solutions, today announced that Bank of Bermuda (Cayman) Limited is using the FEDS
processing solution to offer multi-currency credit card payment processing for their e-commerce merchants domiciled in the Cayman Islands.