CBORD and JSA Technologies Reach Agreement Regarding Use of Web-Deposit Feature

For Immediate Release

Ithaca, New York—The CBORD Group, Inc., a leading provider of campus card and cashless systems, today announced it has reached a patent license agreement with JSA Technologies, Inc. CBORD^® has acquired a license to JSA's patented web-deposit technology. The license applies to existing and new CBORD web-deposit customers in all markets for which CBORD currently provides this capability.

The patent license agreement applies to all web-deposit features in CBORD products, including, but not limited to, ManageMyID™, NetCardManager™, WebCard Center™, and UGryd®. All existing customers of any CBORD-provided web-deposit product are covered by this license. Existing customers of a CBORD web-deposit product are properly licensed and need do nothing more.

For new or other implementations of web-deposit capabilities, customers must acquire a CBORD web-deposit product to be properly licensed.

The patent license agreement does not provide JSA with a license to use, interface with, or otherwise integrate with any CBORD product.

"CBORD is pleased to reach this agreement to provide our customers a clear path to successful deployment of CBORD's web-deposit modules to enhance their transaction processing applications," said Randy Eckels, Senior Vice President, Sales & Marketing.

About The CBORD Group

The CBORD Group serves colleges and universities, healthcare facilities, chain restaurants, supermarkets, continuing care facilities, corporations, and a host of other market segments. CBORD's products are used in food service, catering, nutrition services, online ordering, cashless dining, campus ID card privilege control, access control, integrated security, housing services, and other institution-wide activities. The CBORD Group serves more than 6,000 clients in the U.S., Canada, Europe, South Africa, the Middle East, New Zealand, and Australia.

The CBORD Group was founded in 1975. Today it employs more than 475 professionals. To learn more about CBORD, visit us at www.cbord.com.

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