- Certification acknowledges SMARTRAC’s commitment to quality, secure production environment and capability of quick turnaround of high volume orders - SMARTRAC established as market leader full range in segment
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DE Amsterdam (euro adhoc) - Amsterdam, 26 October 2006. SMARTRAC, a leading
supplier of inlays for contactless credit cards (ePayment) today announced that
its Pay Pass inlays obtained a MasterCard CQM-Certification. SMARTRAC’s
facility, process and products have successfully completed MasterCard’s Card
Quality Management scheme (CQM) audit - a corresponding CQM-Label has been
granted to SMARTRAC’s PayPass inlays.
"As a leading manufacturer of inlays for PayPass and VISA Wave, SMARTRAC is
committed to highest quality, secure production environment and quick turnaround
of high volume orders," said Manfred Rietzler, CEO of SMARTRAC N.V. "In the same
way as SMARTRAC is committed to quality, it is committed to security and
capacity", Rietzler added. With a capacity of over 12 million units per month,
SMARTRAC is the biggest manufacturer in the field of secure RFID inlays.
SMARTRAC got actively involved into MasterCard’s Card Quality Management scheme,
CQM, in early 2005 in order to support the card manufacturers in the rapid
creation of new ePayment products at lower cost. By simply entering SMARTRAC’s
CQM-Code into the product matrix, mandatory to all ePayment products, the card
manufacturer can identify the inlay and its compliance to MasterCard’s quality
requirements.
With the MasterCard CQM Certification and the VISA Card certification as Chip
Embedder, which was completed early this year, SMARTRAC is able to offer the
full range of RFID inlay products for the Secure Payment industry and is the
ideal manufacturing partner for the rapidly growing market of contactless
ePayment.
About SMARTRAC N.V.
SMARTRAC is a leading supplier of inlays for contactless credit cards (ePayment)
and passports with integrated contactless chips (ePassports). The company, which
was founded in 2000, is incorporated under Dutch law and has its head office in
Amsterdam. SMARTRAC has its main production and R&D centre in Bangkok
(Thailand), as well as sales offices in Stuttgart and Singapore. Through an
agreement with Xytec Solutions (Kulim, Malaysia), in which SMARTRAC holds a 30%
stake, the company has exclusive access to proprietary manufacturing equipment.
In two product segments - Standard and High Security - SMARTRAC manufactures
components for RFID applications in public transport, access control and
logistics, as well as in the high-security applications of ePayment and
ePassports.
Further inquiry note:
Max Hohenberg
Media Relations SMARTRAC N.V.
Tel: +49 711 6569 2616
Email: max.hohenberg@smartrac-group.com
end of announcement euro adhoc 26.10.2006 10:11:00
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emitter: SMARTRAC N.V.
Parnassusweg 103
NL-1077 DE Amsterdam
phone: +31 20 57 888 38
FAX: +31 20 57 888 39
mail: mona.lindmeier@smartrac-group.com
WWW: http://www.smartrac-group.com
ISIN: NL0000186633
indexes:
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Baden-Württembergische
Wertpapierbörse, Börse Düsseldorf, Bayerische Börse
sector: Technology
language: English
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