mobiclear to Collaborate With NUCSOFT Ltd to Provide Security Protection for its Clients in India
March 25 2009 - 8:43AM
PR Newswire (US)
- mobiclear CEO: 'We Offer the Highest Level of Protection Against
Fraud' MANILA, Philippines and LAGUNA HILLS, Calif., March 25
/PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board:
MOBI; Frankfurt: B3CA), (http://www.mobiclear.com/), owner of the
unique, patent-pending, Personal Identification Verification
On-Time (PIVOT) solutions system to significantly decrease
worldwide credit and debit card fraud, and other state-of-the-art
computer security products, said today that it has entered into an
agreement with NUCSOFT Ltd, a global IT company headquartered in
India, to commence testing of mobiclear's PIVOT security solutions
for the delivery to NUCSOFT's clients in India. Once testing is
completed, NUCSOFT will provide mobiclear's PIVOT security system
to clients to ensure that its customers' card transactions are
secure. There is also agreement that mobiclear will continue to
develop and expand other ways of ensuring that the electronic
commerce products of NUCSOFT Ltd's clients are free from fraud or
abuse. NUCSOFT is an IT consulting and software developer for the
world's leading banking and financial services companies,
leveraging a streamlined on-site and offshore development model,
since its incorporation in 1994. It cost-effectively assists
clients with world-class solutions. NUCSOFT is noted for giving the
right mix of functional expertise coupled with software development
and project management experience to create lasting value for the
customer. It focuses exclusively on maximizing client returns from
on-site consulting and off-shore facilities. "We look forward to
providing protection for the customers of NUCSOFT Ltd with our
leading edge PIVOT security," said Stephen P. Cutler, mobiclear
CEO. "Our PIVOT system requires an immediate cellphone/telephone
PIN confirmation via an encrypted voice net by the card holder for
a credit card or debit card transaction to be approved." "NUCSOFT,
on the cutting edge of IT, looks for assistance from companies that
are also in the forefront of their industry sectors. We have
enormous confidence that mobiclear is a leader internationally in
protecting against computer, debit and credit card fraud and we
look forward to its assistance for our customers," said Arun
Shekhar Aran, Founder and CEO. About NUCSOFT Ltd: NUCSOFT Ltd
(http://www.nucsoft.com/) headquartered in Mumbai, India with
offices in London, UK and New Jersey, USA, was formed by Arun
Shekhar Aran and a team of entrepreneurs in 1994 with the goal of
becoming a global IT company. NUCSOFT has developed a Centric
Development Model which, backed by state-of-the-art infrastructure,
and hardware and software resources, communication and data links,
creates a "Virtual Software Center" for its clients, enabling them
to stretch their IT budgets with assurance of excellent
deliverables. About mobiclear: mobiclear, Inc. (OTC BB: MOBI;
Frankfurt: B3CA), (http://www.mobiclear.com/), headquartered in
Manila, Philippines, offers a range of solutions to credit card and
debit card fraud based on its patent-pending Personal
Identification Verification On-Time system. It also offers products
to ensure against fraud in all electronic transactions, including
telephone and Internet transactions. This news release may contain
"forward-looking" statements. These forward-looking statements are
only predictions and are subject to certain risks, uncertainties
and assumptions. Actual results may differ materially from the
forward-looking statements in this press release. Additional risks
and uncertainties are identified and described in the Company's SEC
reports. Statements made herein are as of the date of this press
release and should not be relied upon as of any subsequent date.
The Company does not undertake, and the Company specifically
disclaims, any obligation to update any forward-looking statements
to reflect occurrences, developments, events, or circumstances
after the date of such statement. CONTACT: mobiclear, Inc. Paul
Knopick E & E Communications (949) 707-5365 DATASOURCE:
mobiclear, Inc. CONTACT: Paul Knopick of E & E Communications,
+1-949-707-5365, , , for mobiclear, Inc. Web Site:
http://www.mobiclear.com/
Copyright