LEESBURG, Va., March 27, 2008 — Catcher Holdings, Inc. (OTC Bulletin Board: CTHH), (http://www.catcherinc.com), a leading provider of standards-based solutions that address high-speed mobile computing for the harshest and most demanding application environments, today announced an important feature enhancement to its CATCHER® family of command and control platforms with the addition of smart card readers provided by SCM Microsystems, Inc. (Nasdaq: SCMM).
The SCM technology is being integrated into both the CATCHER® Rhino and CATCHER® Grizzly integrated computer communications platforms, enabling the devices to read the Personal Identity Verification (PIV) card mandated under Homeland Presidential Directive 12 (HSPD-12), the Department of Defense Common Access Card (CAC), the First Responder Authentication Credential (FRAC) and Mifare-based cards. The readers meet both the ISO 14443 and ISO 7816 standards for contactless and contact smart card identify verification.
“At Catcher we are seeing significant interest in our platforms from Department of Homeland Security related entities,” commented Gary Haycox, Chief Executive Officer of Catcher Holdings, Inc. “We have recently announced that our products will see initial deployments at nine Homeland Security and state government agencies. The addition of these state of the art smart card readers from SCM Microsystems will be a major feature/function enhancement to further our market penetration efforts with these important high-profile customers and other security-related entities. We are excited to be working with SCM Microsystems, which possesses a strong level of expertise in this field and one of the broadest ranges of smart card reader technology on the market today.”
Under presidential order HSPD-12, all government employees and contractors are required to carry a standard identity credential for secure physical and logical access that operates across all federal agencies and departments. Known as the PIV card, this standard credential is now carried by government workers across all federal agencies, and incorporates the more than ten million CAC cards that have been issued to military personnel.
“Our expertise in contact and contactless smart card reader technology and our years of experience in this market give us a strong understanding of the relevant standards used within HSPD-12 and other Homeland Security programs,” said Emilian Elefteratos, Vice President Americas of SCM Microsystems. “Since 2002, SCM Microsystems has provided over two million contact and contactless readers to the U.S. government for the Department of Defense CAC program, the HSPD-12 PIV card program, and other smart card programs. We look forward to working with Catcher Holdings as they continue to penetrate the Homeland Security market.”
About Catcher Holdings, Inc.
Catcher Holdings, Inc. is a leading provider of standards-based solutions that address high-speed mobile computing for the harshest and most demanding application environments. The Company combines Vivato™ Networks patented Packet Steering™ phase array WiFi base stations with the CATCHER® family of command and control platforms to address technology requirements where ruggedized, mobile computing devices and high-speed WiFi network connectivity are required.
The capabilities of both product families provide synergies in application solutions — such as, location based, biometric management and video surveillance — yielding a systems level approach to address the unique mobile computing, communications and application solutions needs of multiple market segments. Customers in a wide range of markets including military, homeland security, integrated public safety, municipal, transportation and logistics benefit from true systems level solutions, addressing the harshest and most demanding mobile application environments. Catcher is headquartered in Portland, Oregon with research and development facilities in Austin, TX. Additional information on Catcher Holdings, Inc. can be viewed at http://www.catcherinc.com.
About SCM Microsystems
SCM Microsystems is a leading provider of solutions that open the Digital World by enabling people to conveniently access digital content and services. The company develops, markets and sells the industry’s broadest range of smart card reader technology for secure PC, network and physical access and digital media readers for transfer of digital content to OEM customers in the government, financial, enterprise, consumer electronics and photographic equipment markets worldwide. Global headquarters are in Ismaning, Germany. For additional information, visit the SCM Microsystems web site at http://www.scmmicro.com.
Special Note Regarding Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause the Company’s actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: the Company’s ability to generate product sales and operating profits; the Company’s ability to obtain sales prices at or near its MSRPs; cancellation provisions in the Company’s reseller agreements for shipments beyond 90 days of order; vulnerability to technology obsolescence; competition by better capitalized companies; difficulty in managing growth; dependence on key personnel; and other risks which are discussed in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
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