NXP and Sony create Moversa, a joint venture for universal contactless solutions

New company provides secure chips to promote global access to contactless services

Eindhoven, Netherlands and Tokyo, Japan, November 14, 2007 - NXP, the independent semiconductor company founded by Philips, and Sony Corporation today announced the formation of Moversa, a joint venture (JV) that will drive global adoption of contactless smart card applications in mobile phones using Near Field Communication (NFC).

Moversa will plan, develop, produce and market a secure chip, a Universal Secure Access Module (U-SAM), that incorporates both MIFARE and FeliCaTM operating systems and applications, two of the most widely installed contactless smart card technologies in the world. The U-SAM will also support other contactless operating systems and applications based on customer requirements. Moversa will be headquartered in Vienna, Austria, and led by co-presidents Guus Frericks of NXP and Toshio Yoshihara of Sony.

When used together with an NFC chip, Moversa’s U-SAM will create a universal contactless IC platform for mobile phones that can be used globally.