Logitech Selects SVC Financial for Worldwide Brand Management

Market Wire, February, 2005

SVC Financial Services, Inc. (OTC: SVCX), an emerging provider of secure electronic payment and digital rights management (DRM) solutions for online retailers and financial services companies, today announced that Logitech, one of the world's leading manufacturers of computer peripherals, is using the company's SVC Mazarin Factory product for its worldwide brand management.

"Logitech has distribution in more than 100 countries and employs more than 6,000 people around the world," said SVC President and Chief Executive Officer Christopher Haigh. "For a retail power with complex requirements like Logitech to choose SVC for its worldwide brand management demonstrates not only how powerful the Mazarin platform is but also how easy it is to use in a globally distributed environment. We are particularly gratified that Logitech is reporting a significant improvement in its brand management thanks to our product."

Designed for use by any user or group with PowerPoint skill levels, SVC's Mazarin Platform provides rapid application delivery from predeveloped templates for music, politics, non-profit, marketing, and product showcases using simple drag-n-drop for rich media and content.

Logitech's family of Personal Interface Products includes digital imaging devices such as webcams, mice and trackballs, keyboards, speakers and headsets, and interactive gaming controllers. The Company is a market leader in cordless peripherals based on digital radio technology.

About Logitech

Founded in 1981, Logitech designs, manufactures and markets personal peripherals that enable people to effectively work, play, and communicate in the digital world. Logitech International is a Swiss public company traded on the Swiss Stock Exchange and in the U.S. on the Nasdaq National Market System. The company has manufacturing facilities in Asia and offices in major cities in North America, Europe and Asia Pacific. More information can be obtained at www.logitech.com.

About SVC Financial Services

SVC Financial Services (OTC: SVCX) is a provider of an integrated suite of secure electronic payment, web application development, digital rights management and multimedia authoring solutions with a focus on the online retailing and entertainment industries as well as the companies that serve them. SVC provides a highly secure and reputable private-label service for retailers and financial services. The combination of Digital Rights Management with SVC Payment Services in the company's Mazarin Media Platform serves a broad range of merchant and consumer needs such as a profitable and easy-to-use micropayment system, credit card payment processing, and digital asset bundling and promotion. More information about the Company may be obtained at www.svcfinancial.com.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

For further information about SVC, please refer to the company's filings with the Securities and Exchange Commission, including but not limited to, its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained at the SEC's web site at http://www.sec.gov.

Contact: Chris Haigh CEO SVC Financial Services, Inc. 866/370-9600 www.svcfinancial.com Nagle & Ferri, LLC Bob Ferri or Frank Nagle 415/575-1999

 

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