Nova Southeastern University Selects Siemens to Deploy Multi-Functional Campus Smart Card Solutions to Create "Academical Village" Community

Boca Raton, Fla., Feb 22, 2006, Siemens Communications Inc. today announced that Nova Southeastern University (NSU), the nation’s seventh largest private university, has chosen Siemens to deploy, service and integrate multi-functional smart card solutions using a new generation of contact and contactless smart card technologies. Smart card solutions are essential components of NSU’s “academical village” vision to bring a number of leading-edge technology advancements to its campus environment over the next decade.

The new smart card technologies will help NSU to more efficiently manage and control security privileges for buildings, residence halls, laboratories, IT infrastructures and critical shared applications. In a strategic relationship to help provide NSU with a wide choice of smart card benefits such as cashless payment, biometric applications, e-Ticketing and much more, Siemens is working with SmartCentric Technologies International Ltd. to integrate the Siemens® HiPath® SIcurity® family of solutions with SmartCentric’s SmartCity® multi-application smart card portfolio.

“By working with Siemens and SmartCentric we are making it easier for select students, faculty and visitors to get the right access privileges, to the right places and at the right times - all through one easy-to-use smart card,” said George L. Hanbury II, Ph.D., NSU’s executive vice president and chief executive officer. “This is part of NSU’s vision to create an ’academical’ village community for our patrons that is both secure and, at the same time, open to access by our education-minded patrons.”

The initial deployment phase will include the distribution of more than 30,000 chip-embedded multi-application cards, utilizing both contact and contactless radio frequency identification technologies. The smart cards will provide NSU students, faculty and staff with identification cards, physical and logical access privileges and the ability to pay for purchases such as meal plans, printing services and vending machine items. The solution also includes biometrics, Web-based card re-value and a cardholder portal.

Future deployment plans include e-Ticketing, allowing cardholders to pay for events via the Internet and load the ticket purchase onto their smart cards. The paperless e-Ticketing solution means quick, secure and simple entry to NSU events. In subsequent deployments, NSU plans to extend smart card functionality to off-campus usage as part of revenue-generating merchant programs, parking payments and transportation fees.

The Siemens and SmartCentric solution will allow NSU to reduce the number of cards currently in use - from five cards to a single multi-application card. Simplification of authentication processes should help improve campus security and reduce back office management costs. Smart cards are part of NSU’s vision to improve security and, at the same time, reduce access complexities and associated back office management costs.

NSU’s smart card relationship with Siemens is part of a 10-year technology commitment between the two organizations. NSU will become a Siemens International Demonstration Site where current and potential Siemens’ customers can experience the use of leading-edge technologies in a real-world environment. In addition to smart card security solutions, the plans for the Siemens International Demonstration Site project includes the deployment of advanced communication systems, building automation, medical equipment, energy solutions and transportation systems.

“As a growing research university, NSU expects to leverage the latest technologies and incorporate them into our academic protocols almost as soon as they reach the marketplace,” said NSU President Ray Ferrero, Jr., J.D. “This will help NSU to continue to position itself as a pioneer in the development and application of new technologies in higher education.”

About NSU

Nova Southeastern University, with its main campus in Fort Lauderdale-Davie, Fla., and student educational centers in Tampa, Orlando, Miami, West Palm Beach and Jacksonville, Fla., and Las Vegas, is the largest independent, not-for-profit institution of higher education in the Southeast, and the seventh largest nationally. It awards bachelor’s, master’s, educational specialist, doctoral and first-professional degrees in a wide range of fields including business, psychology, counseling, computer and information sciences, education, medicine, dentistry, pharmacy, optometry, nursing, law, marine sciences and other social sciences. For more information visit www.nsu.nova.edu

About SmartCentric Technologies International Ltd.

SmartCentric Technologies International Ltd. is a specialist technology company focused on secure payments and transactions and multi-application smart card systems. SmartCentric’s flagship product, SmartCity(R), was originally developed by the SmartCentric team in the early 1990s and has evolved into a trusted worldwide card solution. SmartCity is a Multi-Application Smart Card based system that has many wide-ranging uses such as stored value, loyalty, gift cards, logical access, physical access, biometrics, car parking and ticketing. SmartCity is based on international standards and is teamed with the best-of-breed industry partners to deliver leading-edge technology and first-class client friendly solutions. SmartCity has been used in more than 90 sites worldwide with more than 5 million cards issued in diverse sites such as colleges, government offices, military establishments, banks, cities, towns, shopping areas and stadiums. For more information, visit www.smartcentric.com

About Siemens

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens’ worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com.

About Siemens Communications Inc.

Siemens Communications Inc. offers its customers a broad portfolio of communication products and services and is a leader in convergent technologies, products and services for wireless, fixed and enterprise networks. The company’s portfolio ranges from devices for end users to complex network infrastructures and complementary services for enterprises, carriers and service providers. Siemens Communications Inc. is headquartered in Boca Raton, Fla. For more information, visit www.usa.siemens.com/communications.

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Note: Siemens, HiPath and SIcurity are trademarks or registered trademarks of Siemens AG or its subsidiaries and affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders.

This release contains forward-looking statements based on beliefs of Siemens management. The words “anticipate,” “believe,” “estimate,” “forecast,” “expect,” “intend,” “plan,” “should,” and “project” are used to identify forward-looking statements. Such statements reflect the company’s current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements.

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Barry Lawrence

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COM E (Communications Enterprise)

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