“The Mint has developed MintChip™, which could be characterized as an evolution of physical money, with the added benefits of being electronic”, said Ian E. Bennett, President and CEO of the Mint.

“Developers have received the microSD MintChips and software development kit from the MintChip Challenge and are developing a smartphone application that lets people bring their phones together to transfer digital currency – just like cash” said Brad Kemp, Bechwoods CEO.  “Near Field Communication (NFC) is an important technology which we will use to implement the MintChip vision.”

About Beechwoods Software – Beechwoods Software is a Smartphone, and Android software developer partnering with Consumer Electronics device manufacturers to create next generation, whole house, and second screen experiences integrating set-top-boxes, DVR, and mobile applications.

“I am pleased to welcome Ralph to our senior leadership team,” said Kemp. “His vast experience and impeccable track record will be a great asset in helping Beechwoods develop strategic alliances and drive client success.”

“This is an exciting time to join Beechwoods, a company with a reputation for sustained success with its clients,” said Brown. “I look forward to extending that leadership position and working with their major clients.”

Brown joins Beechwoods Software from strategic and engineering leadership positions at IBM, UnitedHealth, and from startup companies including Paxton Computers, Ltd, which he founded in the UK. Brown also currently serves as board chair of Indian Hill Music and provides development and strategic advice to a number of non-profit organizations.

Beechwoods Software is a leading integrator of audio/video solutions in embedded devices, whose customers include the leading satellite, set top box, mobile device, and semiconductor vendors.

Boston, MA December 1, 2010 – Beechwoods Software, an industry leader in audio and video integration services, is pleased to announce the appointment of Aman Manchanda to the position of Vice President of Engineering.

Manchanda has over 15 years engineering experience and reports directly to the President and Chief Executive Officer. In this role, Manchanda will be responsible for managing the company’s integration and development services. Prior to joining Beechwoods Software four years ago as Principal Member of Technical Staff, Mr. Manchanda worked for Motorola as Principal Software Engineer.

Aman said “I look forward to working with existing customers and continue to provide the high quality of service they have grown accustomed to while helping Beechwoods achieve its tremendous potential.

Brad Kemp, Beechwoods Software President and CEO, said “I am pleased that Aman is taking on this new role in our organization. Aman has proven that he is capable of effectively leading our engineering group to be a world class organization.”

Beechwoods Software is a leading integrator of audio/video solutions in resource-constrained devices, whose customers consist of the leading satellite, set top box, and silicon vendors.