Summary

Magnetic-safety Card


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Full Description

The goal of this invention is a highly self-protected credit card, based on:

(1) Fingerprint chip;

(2) Inactive/Active cycle-pass to the stored data, a genuine new encrypting system

And (3) Energetic independency.

It is one of the highest safety’s levels in the fight against the credit card’s fraud.

Magnetic-Safety Card provides a solid protection against robbery and losses. The patent is currently pending, registered by the SFIIP-Swiss Federal Institute for Intellectual Property, in Bern, Switzerland. As you know, this kind of invention opens a huge market to be furnished.

The technology will be certainly spreads all over the world, and it represents the higher protection ratio, ever obtained! ADVANTAGES: >Easy to use: Same infrastructure’s conditions, no changes concerning the ATM's! >Low costs: Due to the decreasing trend of the fingerprint chip production prices >Cost to make: USD 13 per unit; >Estimated sale price: USD 58 per unit; >Asking price of the patent: USD 13 mio; >Global Market: magnetic-safety card’s technology will be sold to the leading credit card institutes: VISA, MASTER CARD, AMERICAN EXPRESS, Banks, etc. >There is a potential market of: 1-2 billion units, world-wide; We are willing to sell this patent technology under manufacturer’s and marketing agreements either “exclusive” or “non-exclusive” outright.

Our asking price takes into consideration the huge number of credit cards on the road, world-wide and will be for an outright sale of the technology and all the additional assets currently associated with, including technical supports and consulting from the inventor, all drawings, specifications and designs including CAD designs, and any other pertinent materials. We will consider franchise options too, at a low-price of USD 1 per unit!

In order to launch WORLD-WIDE this business, we are looking for any kind of serious proposal! For further information and technical details, please contact:

Owner: Mihai Petrescu Via Quadras 23, Domat/Ems, CH-7013 Switzerland;

Phone: +41792152667; Fax: +40816335343;

E-mail: michelpetrescu@yahoo.com

Patent number: 2002 0072/02

Stage: Pending