Distributor Brings Local Sales and Engineering Support for Kili’s Payment Processing Technology to Five Major National Markets in Europe
San Carlos, California – October 8, 2014 – Kili Technology Corporation, a rapidly growing developer of secure, low-cost mobile payment processing solutions, announced today it has signed a sales and distribution agreement with ATD Electronique. ATD will represent Kili Technology in France, Germany, Italy, Spain and Portugaland will offer sales and technical support from local offices in each of those countries.
“As the birthplace of payment and security technology first employed in smart cards, Europe has played a key role in the evolution of secure payment processing solutions,” said Elie Massabki, EVP Sales and Marketing at Kili Technology. “With its extensive presence across Europe, ATD will help Kili to bring cost-effective, secure and certifiable mobile payment processing solutions to OEMs serving banking and financial institutions in these key markets.”
Secure Payment Processing Solutions
Kili delivers certifiable solutions for payment processing, security access control, authentication, and secure Internet of Things (IoT). By integrating its patented technology into System-on-Chip (SoC) ICs, firmware, reference designs, Intellectual Property (IP) and hardware modules, the company supplies the key components needed to build complete, highly secure, yet cost-effective payment systems.
Kili markets its certifiable chipset, hardware modules and related firmware to OEMs and component suppliers and licenses its Near Field Communication (NFC) IP to companies interested in integrating the technology into their silicon. The company also supplies all the necessary support for evaluation, integration, customization and certification.
System Integration Expertise
ATD brings extensive experience building digital video, video capture and image processing solutions in the markets it serves. The company’s field application and sales engineering teams will work with Kili to offer multiple value-added services during all the stages of development. “Over our long history we’ve learned what is needed to develop complex end products,” said Antoine Hide from ATD. “We believe we have the capabilities to help European OEMs develop secure, cost effective payment processing systems for point of sales (POS) and mobile point of sale applications.”
ATD will be at Kili Technology’s booth (4 G 014) at Cartes 2014 Paris November 4-6, 2014. At the conference Kili will display its complete technology solutions for payment processing including cost effective, low power payment terminals for mobile, countertop, and Internet POS applications.
About Kili Technology
Kili Technology Corporation develops cost effective, secure and certifiable solutions for payment processing based on its patented technology implemented in system-on-chip (SoC) ICs, firmware, reference designs, and IP and hardware modules. This advanced technology, along with Kili’s extensive experience in end applications, enables customers to get to market quickly with the lowest cost mobile and countertop solutions. Kili is a divestiture of SecureKey, a leading identity and authentication provider, which initially developed Kili’s core technology over the course of five years. The company is funded by BlueSky Capital, RougeRiver Capital and strategic investors.
Kili Technology maintains offices in Toronto, Canada and San Carlos, California. For more information, visit the company’s web site at www.kilicorp.com.
About ATD Electronique
For more than 20 years ATD Electronique has been a supplier and distributor of digital video, video capture and image processing systems as well as general digital components. Headquartered in Montesson near Paris (France), the company has offices in Munich, Germany, Verona, Italy and Madrid, Spain. For more information visit the company’s web site at www.atdelectronique.com