Press release from: 13 September 2012
SMARTRAC Surpasses Production Milestone of 2 Million Sony FeliCa™ RC-S962 PRELAM® Products
SMARTRAC N.V., the leading developer, manufacturer and supplier of RFID transponders and inlays, today announced that it has produced and supplied more than 2 million PRELAM® products based on the Sony FeliCa™ RC-S962 IC chip.
SMARTRAC PRELAM® products based on Sony FeliCa™ IC chips are used in applications such as automated fare collection (AFC) for public transport, access control, contactless micro-payments and loyalty schemes.
The Sony FeliCa™ RC-S962 IC chip with Ferroelectric Random Access Memory (FRAM) offers fast data-processing speed from detection of the card, mutual authentication of card and reader to read/write transactions. The secure IC chip complies with ISO/IEC 15408 as well as Common Criteria EAL 4+ and provides superior tamper resistance. Encryption ensures that credentials and cash are safely stored on the card and protected reliably against misuse and forgery.
Combined with the high reliability and durability of the SMARTRAC PRELAM®, customers and users benefit from a sophisticated product which offers fast and convenient access, ticket validation, and payment functionalities.
“We are probably the first RFID inlay and transponder manufacturer who has surpassed the 2 million unit milestone for Sony FeliCa™ RC-S962 IC chip products sold outside of Japan,” said Dr. Christian Fischer. “It is an expression of our close collaboration with the leading chip manufacturers worldwide and our strategy to offer our customers the broadest product and technology range in the industry.”
SMARTRAC is the leading developer, manufacturer, and supplier of RFID and NFC transponders and inlays. The company produces ready-made and customized transponders and inlays used in access control, animal identification, automated fare collection, border control, RFID-based car immobilizers, electronic product identification, industry, libraries and media management, laundry, logistics, mobile & smart media, public transport, retail, and many more.
SMARTRAC was founded in 2000, went public in July 2006, and trades as a stock corporation under Dutch law with its registered headquarters in Amsterdam. The company currently employs about 4,000 employees and maintains a global research and development, production, and sales network.
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To the extent that this press release contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this press release. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this press release. Therefore, SMARTRAC N.V. does not assume any responsibility relating to forward-looking statements contained in this press release. Furthermore, SMARTRAC N.V. does not assume any obligation to update the forward-looking statements contained in this press release.