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Adjoined Consulting Teams with Proximities to Develop and Deploy Integrated RFID-Based Payment and Access Control Solutions

Innovative Wristband Technology Streamlines Cashless Transactions and Enhances Customer Service

Miami, FL (February 21, 2006) - Adjoined Consulting, an industry-focused, full-service management consulting, technology and outsourcing firm, which recently signed a definitive agreement to be acquired by Kanbay International, Inc., today announced a strategic partnership with Proximities Inc., the leading developer of secure radio frequency identification (RFID) wristband payment and access control systems. Adjoined is currently working with Proximities to broaden functional capabilities and improve solution scalability for accommodating high volume transaction rates at the largest sports, leisure and entertainment industry events.

 

Proximities’ secure RFID wristbands enable patrons to quickly and conveniently gain access to public events, make purchases, and verify their age. Similar to Mobil’s Speedpass™, which allows consumers to “pay at the pump,” and EZ-PassSM, which eliminates the need for drivers to stop to pay tolls, the RFID wristbands can be linked to a credit card or debit account enabling consumers to purchase items without exchanging cash. Once removed, the wristbands are automatically disabled, providing added security for both the patron and merchant. Proximities’ wristbands operate on a payment platform that can be integrated into other third party point-of-sale systems located at concession booths or running on mobile, wireless devices used to provide in-seat service.

 

Working with the Proximities technology, Adjoined is helping clients develop and deploy RFID-based applications to streamline traditional cash-based purchases. Clients anticipate that this integrated payment platform will result in increased sales, reduced costs, more transparent security and a vastly improved customer experience.

 

“After a several-month evaluation process, we have been impressed with Adjoined’s capabilities and are excited to certify them as a Preferred Systems Integration Partner,” said Ronald R. Carney, Chief Executive Officer of Proximities. “We are pleased to have a partner of Adjoined’s caliber, as their experience with our platform should enable customers to derive additional value from deployments of our solutions.”

 

“The applications for this technology are endless,” added Alan C. Crowther, Managing Officer of Adjoined Consulting’s Enterprise Architecture practice. “Combining our flexible, efficient, and deep service offerings with Proximities technology will allow our leisure and entertainment industry clients reduce the friction points associated with cash and credit card-based transactions and improve customer service.”

 

About Proximities
Proximities, Inc. is a privately held company headquartered in Melbourne, FL. The Company develops, markets and supports secure RFID cashless payment, access control and age verification solutions. Proximities’ proprietary technologies enable faster, more efficient and more secure transactions.

 

About Kanbay
Founded in 1989, Kanbay International, Inc. (NASDAQ: KBAY) is a global IT services firm focused on the financial services industry. With over 5,200 associates, Kanbay provides its services primarily to banking institutions, insurance companies, and securities and investment firms. The company uses a global delivery model to provide application development, maintenance and support, software package selection and integration, business process and technology advice, and specialized services. Kanbay is a CMM Level 5 assessed company headquartered in greater Chicago with offices in United States and India as well as Toronto, London, Melbourne, Hong Kong, Singapore and Tokyo. Further information about Kanbay can be found at www.kanbay.com.

 

About Adjoined Consulting
Adjoined Consulting is an industry-focused, full-service management consulting, technology services and outsourcing firm that offers strategic operational consulting, leading-edge technology integration, outsourcing solutions and original, independent research. With more than 200 Global 2000 companies as clients, Adjoined focuses on solving business challenges for clients in the consumer packaged goods & retail, life sciences, industrial products, financial services, communications & media and travel & leisure industries. Headquartered in Miami, Adjoined also has offices in New York, Boston, Philadelphia, Washington, DC, Atlanta and Tampa and outsourcing data centers in Boston and Phoenix. For more information on Adjoined Consulting visit www.adjoined.com.

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