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BICO, Inc. Releases New Additional Features From MobiClear

19 September 2006

3G Video Call which allows the credit card owner to access his or her credit card provider's internet and telephone services via a 3G video call. Mr. John Clarke, newly appointed Managing Director of MobiClear Ltd., states, "We are very pleased to announce the immediate release of these new additional features supporting the MobiClear core products. This demonstrates how close we are to the market and our ability to quickly respond to market demands."


Mr. Clarke adds, "We see a strong demand globally, and specifically from the Asian market, to increase credit card control. Our new features do just that, they materially increase the level of control which credit card owners will have over their credit card."


About MobiClear


MobiClear specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including internet shopping, business-to-business procurement transactions and retail shopping with credit/debit cards.


Credit/debit card fraud on the Internet and in stores is increasing at an enormous rate. The estimated figure comes to USD 20 billion annually. And in the USA only the level of credit/debit card fraud on the Internet and in stores is estimated to be USD 4 billon.


MobiClear's answer to the problem is a security and user-friendly identity solution that works right across the globe. And in addition MobiClear's identification service ensures safe and secure trade over the Internet, which in its turn helps to create more user satisfaction in both e-trade and invoice payments online.


MobiClear Ltd, a company incorporated in the United Kingdom, offers solutions and services that, MobiClear believes, virtually eliminate credit/debit card and electronic transaction fraud, completely securing these transactions. A unique feature of MobiClear's solutions are that end-users and customers do not need to learn any new behaviors or master new techniques.


MobiClear has an IBM PartnerWorld agreement within banking. The agreement covers marketing, technical and development support. IBM is one of the world-leading companies in the invention, development and manufacture of the industry's most advanced information technologies, including computer systems, software, storage systems and microelectronics.


For more information:


Please write to MobiClear at info@mobiclear.com or visit MobiClear's website at www.mobiclear.com


This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, successfully developing and implementing technology, acceptance of the company's products and services, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.


MobiClear info@mobiclear.com


SOURCE:  BICO, Inc.

Source: marketwire


All trademarks and copyrighted information contained herein are the property of their respective owners.


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