Publicard Inc. has elected former Verifone Inc. chairman, president, and chief executive officer Hatim A. Tyabji to its board of directors.

Mr. Tyabji, 54, is chairman and CEO of Saraide.com, an Internet-based mobile data services company that he founded in September 1998.

During Mr. Tyabji's tenure at Verifone, revenue grew to $600 million in 1997, from $31.2 million in 1986. He also negotiated Verifone's sale to Hewlett-Packard Co.

Mr. Tyabji is the seventh member of the board of Publicard, which has been assembling a portfolio of businesses related to the development of smart cards.

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