LAS VEGAS, July 3 /PRNewswire-FirstCall/ -- Phoenix Technology Holdings Inc., a leader in the loyalty solutions industry leveraging the Smart Chip Technologies (OTC:SCTN) patent protected products, is pleased to announce the launching of their Mobile Person to Person (P2P) Payments product. The Phoenix Mobile P2P Payments platform has been developed to make P2P payments secure and simple. Virtually any mobile device can be used to transfer money to another person. Financial institutions, merchants and wireless carriers are prime candidates to leverage this new product. Furthermore, Phoenix's existing loyalty and customer retention products can be fully integrated for an enterprise wide solution. Mobile payments at the point of sale, loyalty reward and redeem on a mobile device, and real time vouchering to a mobile device are all part of Phoenix's capabilities for its clients. In the 2007 Mobile Financial Services Survey it was noted that the untapped yet potentially large market of underbanked consumers, respondents saw P2P transfers as the mobile financial service most likely to appeal to this segment. Founded on years of design, development, testing and deployment Phoenix has been able to produce products that revolutionize the loyalty and customer retention industry. The complete product offerings are available to be viewed at http://www.phoenix-tec.com/. About Phoenix Technology Holdings Incorporated Phoenix Technology Holdings provide hosting, development, sales, client implementation, and system support for customer retention solutions allowing clients to deploy sophisticated strategies easily and quickly. (http://www.phoenix-tec.com/) About Smart Chip Technologies (OTC:SCTN) Smart Chip Technologies' turn-key customer retention solution, including Loyalty, Pre-Paid Stored Value, Punch Cards, and Gift Cards enables issuers, acquirers, and merchants to take advantage of real-time programs using their cardholder's existing cards using bar codes, magnetic stripes, smart chips, RFID, Internet accounts, and other consumer electronic technology, such as SMS and MMS cellular phones. The SCTN system is a scalable, high performance, end-to-end solution that uses an ASP model to customize the system's look and feel to reinforce customer branding. (http://www.sctn.com) Contact: Bernard McHale of Smart Chip Technologies, +1-702-341-2076 DATASOURCE: Phoenix Technology Holdings Inc.; Smart Chip Technologies CONTACT: Bernard McHale of Smart Chip Technologies, +1-702-341-2076 Web site: http://www.phoenix-tec.com/ http://www.sctn.com/

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