Phoenix Technology Holding Inc. (Phoenix) and ExaDigm sign contract to distribute Schimatic Inc. (SCTN) Patented Loyalty Technology Inside ExaDigm Terminals Worldwide

• SCTN Patented Loyalty Technology will be placed Inside the latest ExaDigm X2100 and the X2500Terminals that will be deployed worldwide.
• Existing Phoenix Licensees such as Front Stream Payments/Direct Technology, Total Venue Control, Advanced Health Care Systems, MYnizaga and several prospective Phoenix licensees will be able to utilize the SCTN Patented Loyalty Technology Inside the ExaDigm Terminals.

Las Vegas, NV, September 21, 2010 – Phoenix Technology Holding, Inc. (Phoenix), exclusive licensor of the SCTN (SCTN.PK OTC) Patented Loyalty Technology and a leading edge provider of information technology solutions for loyalty programs, announced today that it has signed a contract with ExaDigm, a worldwide provider of “state-of-the-art” terminal systems.

The initial deployment under this contract will take place immediately for some of our current licensees while others will be gradually phased into this wireless terminal system. This will be offered to all new licensees currently under contract discussions with the company.

Bernard McHale, CEO of Phoenix states:

“We are pleased to announce that our MYnizaga Consulting LLC Advisor is undertaking an on- site architecture consultancy. This will be utilizing the Phoenix Operating System with the SCTN Patented Loyalty Technology Inside. Initially the project is being undertaken with a major company that produces over US $3 billion in annual revenue. The resulting multi-tier B2B (business-to-business) and B2C (business-to-consumer) loyalty program will rank among the largest loyalty programs in the world. Preliminary estimates are that up to 100 million consumers and 300,000 participating merchants will deploy the ExaDigm terminals.

McHale said:

“Signing ExaDigm now sets the stage for bringing our Loyalty Central™Operating System, with the SCTN Patented Loyalty Technology Inside, to the world. This is only one of several clients currently under licensing discussions with Phoenix . I would like to thank our investors for staying the course and providing us the opportunity to become a world class enterprise because the best is yet to come. This is a forward looking statement but as the Phoenix CEO I believe it is time to make this statement.”

ExaDigm is a leading innovator of modular IP-based technology-focused terminal solutions, enabling businesses worldwide to expand revenues, reduce costs and boost productivity. Leveraging advanced technologies, modular designs and a flexible platform architecture, ExaDigm delivers a range of products and solutions that easily and securely adapt to changing technologies without incurring the high cost normally associated with change. A more formal press release of the contract between Phoenix and ExaDigm will be announced by both companies in the next few weeks.

Total Venue Control and Phoenix Technology Holding Deployment of the Total Cashless Venue System at Semi-Pro All Star Game a Huge Success

LAS VEGAS, Aug. 3 /PRNewswire-FirstCall/ — Total Venue Control and Phoenix Technology Holding Inc. with the SCTN (Pink Sheets: SCTN) Patented Loyalty Technology Inside announced today that their cashless deployment system at the American Association of Independent Professional Baseball All Star Game at the home of the Wichita Wingnuts, Lawrence-Dumont Stadium, Wichita, Kansas, on July 27, 2010, was a huge success, as the cashless systems performed flawlessly.  TVC also unveiled a unique cashless touch screen application it developed with Phoenix that allows the teams to view the cashless system deployed in action up close and personal.

Cameron Wall of TVC stated that,

“As a result of this viewing, we have received serious interest from an additional seven teams and two leagues that heretofore were not on our radar screen. We will be meeting with these organizations over the next several weeks to finalize that interest.  We are now poised to be able to offer a complete cashless concession vendor system for stadiums, arenas, festivals and concerts in North America. The increase in revenues is averaging 30% per venue so the value proposition is very significant and compelling, particularly in this economy, for the owner/operators.   We continue to work with Phoenix to enhance the TVC cashless process so that it will also bring ticketing and parking into the cashless system and produce additional revenue for all at these venues.”

Bernard F. McHale, CEO of Phoenix and SCTN, stated that,

“The value proposition to teams/owners is extremely significant because of the substantial increase in concession revenues to be earned at the events by utilizing the TVC cashless system. This unique, total cashless venue solution was pioneered by Total Venue Control with Phoenix Technology providing the technology development and operating system, exclusivity licensed to TVC, that powers and deploys their product in real time, creating a win-win situation for all.”

“Phoenix continues to work with TVC to enhance their cashless process to create additional revenue opportunities in this specialized, vertical multi-billion dollar market.  These are revenue producing events for Phoenix that will continue to expand significantly in the future as additional venues
and events are signed,” stated McHale.

Phoenix Technology Holding Inc With the SCTN Patented Loyalty Technology Inside Contracts With Advanced Patient Healthcare

LAS VEGAS, July 22 /PRNewswire-FirstCall/ — Phoenix Technology Holding Inc. announced today that it has contracted with Advanced Patient Healthcare LLC for a program that utilizes the Phoenix operating system with the SCTN (Pink Sheets: SCTN) patented loyalty technology inside that will enhance the various APH proprietary solutions.

Phoenix said that the SCTN software suite is the technology backbone of the
Advanced Patient Healthcare program that will offer a proprietary set of
solutions to State and Federal Penal Systems. The Phoenix/SCTN technology is being utilized to track various purchase metrics by the prisoners as well as
to interface with the Advanced Patient Healthcare patient record system.

Rick Griffiths, CEO of Advanced Patient Healthcare, stated that,

“We are very excited about working with Phoenix/SCTN because their unique, ‘Best of Breed’ operating system with the SCTN patented technology inside is a perfect fit for our program. The utilization of this system will assist us in accelerating and expanding the growth of our client base that currently has over 250,000 members.”

Bernard McHale, CEO of Phoenix and SCTN, stated,

“We are very pleased to have signed with this organization. This is another example of how we can assist companies, both large and small, in growing their customer base that, in turn, increases their revenue and produces increasing growth which equates to a win-win situation for both companies. The utilization of our system creates a new type of generational technology that allows us to provide unique implementation and deployment to companies.  SCTN’s patented technology allows us to provide a wonderful value proposition to any company at both the local and national levels. The SCTN technology has also been patented in several countries outside the US.”

The web-sites are http://www.phoenix-tec.com and http://www.sctn.com.

Phoenix Technology Holding Inc. Engages a Leading Patent Law Firm to Protect The Schimatic Cash Transactions Network Inc. Patented Loyalty Technology Intellectual Property Rights

LAS VEGAS, July 21 /PRNewswire-FirstCall/ — Phoenix Technology Holding Inc. and Schimatic Cash Transactions Network Inc. (Pink Sheets: SCTN), dba Smart Chip Technologies, Inc., announced today that the companies have engaged Mr. Ed Radlo as their legal counsel in California and worldwide to design its patent strategy.

Phoenix said that with guidance from Radlo & Su, LLP, a world class patent law firm, it is ensuring the protection of its patent rights. The company said it
is also creating improved revenue opportunities for existing clients and
identifying potential patent licensing opportunities.

“We will do this in relation to the patents granted to SCTN in the United States (#5,806,045) as well as opportunities relating to our existing patents in Canada, Mexico, Japan and Australia,” reported Bernard F. McHale, CEO of Phoenix and SCTN.

Mr. McHale noted that,

“Licensing inquiries have increased following several public implementations of the Phoenix cashless stadium model. Many of the companies with whom we are now working welcome the opportunity to understand how the SCTN patent-protected technology is also a revenue generating business model.

“Also, with our recent national publicity we have received many more international licensing inquiries than we could comfortably manage in-house.  To license our technology, both within and outside the US, we required a seasoned patent professional law firm.  Radlo & Su, LLP understands the balance we require between identifying and licensing partners while respecting our desire to strengthen existing players throughout the industry,” the technology executive added.

Mr. Radlo co-founded his firm in January 2010 after many successful years
working across the spectrum of intellectual property litigation, licensing and
patent prosecution http://www.radlosu.com . He is a Harvard Law graduate with a
mathematics major from MIT. Mr. Radlo worked as a law partner at Sonnenschein Nath & Rosenthal LLP, based in San Francisco, CA where he engaged in all aspects of patent law, including prosecution, litigation, and licensing.  He is a member of the American Bar Association, Intellectual Property Law Section, and former chairman of its Patent Harmonization Subcommittee. His full biography is available at Who’s Who of American Law.

Mr. Radlo explained his firm’s philosophy:

“We have a deep appreciation for the role that entrepreneurship and intelligent risk-taking play in promoting better economic conditions, and we are dedicated to doing our part to help make the economy better for all of us. One of the goals of our firm is to foster stronger ties among the business and inventive communities of the United States and other countries.  We have an unparalleled set of strong relationships with patent attorneys, patent agents, and sources of capital in all the major countries of the world.”

Mr. McHale noted that when Mr. Radlo worked in the patent group of Fenwick & West LLP, he  was foremost among the creative legal minds which recognized the potential of the SCTN loyalty solution. This was described in the original patent filings by Fenwick & West in 1994 as:

“…a method and system for allocating and redeeming incentive credits on an integrated circuit chip platform.”

McHale also stated,

“Licensing of the Phoenix Operating and Deployment System with the SCTN Smart Chip Patented Loyalty Technology inside is required in order for any party to operate a loyalty program on a smart chip, mobile device, laptop or PDA in countries where our software is patented. We have invested several millions of dollars in developing our suite of software and developing a Best of Breed Operating System to deploy this Patented Loyalty Technology and protecting it is a very high priority for us, our shareholders and our existing customers.”

McHale concluded that,

“The many businesses that use this kind of technology, some quite large, are quickly moving to the much more sophisticated credit and pin format.  As debit cards migrate globally to chip and pin from magnetic strip, this includes credit card issuers, banks and financial institutions around the world.  The added security enhancements of a smart chip are what
Visa and MasterCard championed by mandating EMV (Europay, MasterCard,VISA) migration.  Chip and pin technology has many more security capabilities than that of the traditional magnetic strip.”

Total Venue Control and Phoenix Technology Holding Inc. Deploy Total Cashless Venue System at Semi-Pro All Star Baseball Game

LAS VEGAS, July 20 /PRNewswire-FirstCall/ — Total Venue Control and Phoenix Technology Holding Inc. today announced that their cashless system with the SCTN (Pink Sheets: SCTN) patented loyalty technology inside will be utilized during the American Association of Independent Professional Baseball All Star Game at the home of the Wichita Wingnuts, the Lawrence-Dumont Stadium in Wichita, Kansas on July 27, 2010.

Cameron Wall of TVC stated that many if not all of the 10 team league’s GMs
will be present at the game.  Also, senior officers of the Levy Entertainment
Company are expected to attend.  All these executives will be viewing the
Phoenix/TVC Cashless Payment System in action.

“TVC will be utilizing wireless equipment for in stadium ordering, including touch screen permanent equipment with inventory control built-in.  This turn-key, state of the art cashless payment system will easily and efficiently allow for a quick program implementation at any location in this or at any other facility,” Mr. Wall added.

Bernard F. McHale, CEO of Phoenix and SCTN, stated that the value proposition to teams/owners is extremely significant because of the substantial increase in concession revenues to be earned at the event.  More than 50% of that increase should come from the reduction in cash handling fraud alone and the other 50% will come from the cashless system that makes it simpler and easier for customers to purchase their items at the stadium, McHale noted.

Phoenix and TVC will also host a private demonstration prior to, during and
after the game for any other parties who may attend.  This unique total
cashless venue solution was pioneered by Total Venue Control with Phoenix
Technology providing the technology development and operating system that allowed it to work in real time, creating a win-win situation for all our
clients, the executives concluded.

Phoenix Technology Holding Inc With the SCTN Patented Loyalty Technology Inside Contracts With Advanced Patient Healthcare

LAS VEGAS, July 22 /PRNewswire-FirstCall/ — Phoenix Technology Holding Inc. announced today that it has contracted with Advanced Patient Healthcare LLC for a program that utilizes the Phoenix operating system with the SCTN (Pink Sheets:SCTN.pk – News) patented loyalty technology inside that will enhance the various APH proprietary solutions.

Phoenix said that the SCTN software suite is the technology backbone of the Advanced Patient Healthcare program that will offer a proprietary set of solutions to State and Federal Penal Systems. The Phoenix/SCTN technology is being utilized to track various purchase metrics by the prisoners as well as to interface with the Advanced Patient Healthcare patient record system.

Rick Griffiths, CEO of Advanced Patient Healthcare, stated that,

“We are very excited about working with Phoenix/SCTN because their unique, ‘Best of Breed’ operating system with the SCTN patented technology inside is a perfect fit for our program. The utilization of this system will assist us in accelerating and expanding the growth of our client base that currently has over 250,000 members.”

Bernard McHale, CEO of Phoenix and SCTN, stated,

“We are very pleased to have signed with this organization. This is another example of how we can assist companies, both large and small, in growing their customer base that, in turn, increases their revenue and produces increasing growth which equates to a win-win situation for both companies. The utilization of our system creates a new type of generational technology that allows us to provide unique implementation and deployment to companies.  SCTN’s patented technology allows us to provide a wonderful value proposition to any company at both the local and national levels. The SCTN technology has also been patented in several countries outside the US.”