Press Releases

26 January 2007

SMARTRAC N.V. acquires a 25 percent stake in Multitape GmbH

SMARTRAC N.V., of Amsterdam, the Netherlands, has acquired 25 percent of the shares in Multitape GmbH, which is domiciled in Salzkotten, Germany. The parties to the transaction have agreed not to divulge any details of the price paid. The two companies intend to cooperate more intensively on the production of RFID (Radio Frequency Identification) components in the future.


11 January 2007

Stephan Öri appointed new Head of Corporate Communications and Investor Relations

Stephan Öri (45) has been appointed as new Head of Corporate Communications and Investor Relations at SMARTRAC N.V. He reports directly to Dr. Christian Fischer, Chief Financial Officer of SMARTRAC. Stephan Öri worked from 1995 until 2006 in various positions in the internal and external corporate communications departments of DaimlerChrysler AG, most recently as Head of Technology and Environmental Communications.


03 January 2007

SMARTRAC N.V. and Assa Abloy AB clarify open issues concerning patent use and ownership

SMARTRAC N.V. and the Swedish group Assa Abloy AB have amicably clarified and settled all the issues that were previously open between the two companies in an agreement dated 29 December 2006. The dispute primarily involved use of certain patents related to the production of radio frequency identification devices using wire embedding technology.


28 November 2006

SMARTRAC receives major order for several million inlays for US ePass project

SMARTRAC, the inventor of inlays for electronic passports, has obtained the first major order to supply several million ePassport inlays for the United States’ ePass project in 2006/2007.


16 November 2006

SMARTRAC N.V. continues growth in first nine months of 2006

SMARTRAC N.V. announced today that it improved sales by 133 percent and EBITDA by more than 140 percent in the 9 months up to end September 2006, compared to the same period last year.


13 November 2006

SMARTRAC N.V. presents preliminary 3rd quarter results

SMARTRAC N.V. continued along its growth path in the 3rd quarter of 2006 and further strengthened its earnings.


26 October 2006

SMARTRAC ePayment inlays obtain MasterCard CQM-Certification

SMARTRAC, a leading supplier of inlays for contactless credit cards (ePayment) today announced that its Pay Pass inlays obtained a MasterCard CQM-Certification.


25 October 2006

Avenue Capital Management LP acquires more than 5 percent in SMARTRAC N.V.

SMARTRAC, the leading supplier of inlays for contactless ePassports, announced today that on 17 October 2006, US assetmanagement company Avenue Capital Management LP reported it is holding an equity stake of 5.93 percent in the company. SMARTRAC is listed in the Prime Standard of the Frankfurt Stock Exchange since July 2006.


16 October 2006

Dennis Ryan appointed Director of Sales & Business Development, North America

SMARTRAC N.V. announced that Dennis Ryan has joined SMARTRAC as the Director of Sales & Business Development, North America and will report directly to Chief Sales Officer, Wolfgang Schneider.


09 October 2006

SMARTRAC ships 10th million ePassport inlay and is the world’s largest supplier for electronic passports

SMARTRAC, the inventor of inlays for electronic passports, is the first company worldwide to ship more than ten million ePassport inlays to its customers.