ISTS Worldwide Press Release

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Fremont, Calif., Sept. 17, 2009 -PIN Payments News Blog- ISTS Worldwide Inc, a leading technology consulting organization, specializing in consumer and card processing systems, announces that it will extend its use of the Microsoft technology stack to deliver innovative payment processing solutions based on SQL Server 2008 and BizTalk Server 2009. The new solutions will provide ISTS customers with leading applications for payment switching, authorization, settlement, card-issuing and reporting. The ISTS solution competency also extends to gift and prepaid cards, loyalty, mobile payments, enrollment applications, promotions at POS, ecommerce and the mobile channels.



“At ISTS we seek to offer a fully integrated solution framework offering and believe that the advanced integration capabilities of BizTalk Server will provide the required interoperability and support for industry standards on a cost effective platform for our clients,” said Mustafa Shehabi, Sr. VP Sales & Marketing at ISTS Worldwide, Inc.



“At a time of cost-cutting and IT consolidation, the breadth of our platform and the commitment of ISTS and other payments technology leaders make Microsoft uniquely able to quickly enable participants in the payments value chain by connecting systems that drive new operational efficiencies and innovative customer experiences,” said Susan Hauser, vice president, Worldwide Financial Services, Microsoft.



Sequoia Retail Systems – an independent provider of point of sale, inventory control, mobility and ecommerce solutions for higher education institutions, contracted ISTS to implement a secure, token-based ecommerce application known as “ePOS”. The completion of this project means that its customers are assured of the highest level of security for all transactions on their site. The solution is based on Microsoft .NET 3.0 infrastructure



Sequoia CEO Jim Zaorski states, that while he appreciates the efforts of ISTS, “it is what I have come to expect from them in terms of their analytical, design, programming, and QA functions. In our view ISTS occupies a unique position among offshore contactors, they bring many years of experience focused entirely on payment and retail applications to any project on day one. Their experience with some of the largest players in the industry often make them a superior alternative to our own in house and off shore teams in terms of experience, price, and performance."



“ISTS and Microsoft will continue to partner to bring innovation in the world of consumer payments – innovation here is stifled because of legacy and archaic technology – ISTS sees a huge opportunity to extend Microsoft’s core platforms to influence back office and consumer facing applications for large and small customers alike,” said Viren Rana – CEO of ISTS Worldwide.



Source: Company press release.