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May 2006 • Volume 11 Number 5 |
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Member News ASSA ABLOY’S HID Global Corporation to acquire Fargo Electronics, Inc. ASSA ABLOY’s HID Global Corporation announced today that it has entered into a definitive agreement to acquire Fargo Electronics, Inc. for an all cash consideration. The transaction is expected to close at the end of the third quarter, subject to Fargo stockholder and regulatory approvals. [ read the full release ]
OTI Delivers Taipei Fubon Bank Key Fobs Enabling Quicker Purchases On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced today that it is providing Taipei Fubon Bank a ‘Tap & Go™’ key fob solution. The device complies with MasterCard® PayPass™ and fits on a key chain for easy access, so customers can make purchases with a simple tap on a contactless reader at participating merchants. [ read the full release ]
Gemplus chosen by Commonwealth Bank of Australia for first MasterCard PayPass pilot Gemplus International S.A. (Euronext: LU0121706294 – GEM and NASDAQ: GEMP), a world leading provider of secure card-based solutions, announces its involvement in Australia’s first MasterCard PayPass pilot program, where Commonwealth Bank of Australia’s (CBA) cardholders will simply place their card in front of the terminal to make a payment. [ read the full release ]
Datacard Group debuts advanced issuance system for high-security passports Datacard Group today introduced the Datacard® PB6500™ passport issuance system at the Intergraf Security Printers' Conference and Exhibition in Rhodes, Greece. This innovative and modular solution helps governments elevate passport security to unprecedented heights in an effort to help prevent fraud and identity theft. [ read the full release ]
Giesecke & Devrient Launches Mini-size Antennas in Compliance With MaterCard PayPass Specifications Giesecke & Devrient (G&D) recently began offering MasterCard issuers conveniently-sized contactless payment cards and devices in smaller formats to be attached to key rings. G&D has developed an innovative Contactless Product Suite, which makes small-scale antennas available for Radio Frequency (RF) transmission on the basis of new antenna technology. The smaller MasterCard®PayPass™ form factor will be issued first to customers in North America. [ read the full release ]
OTI Acquires InSeal SAS to Enhance Support of Contactless Payments Market On Track Innovations Ltd, (OTI) (NASDAQ: OTIV), today announced that it acquired 100% of InSeal SAS share capital for an aggregate of 243,800 of its ordinary shares and 180,000 warrants. The warrants, which have a nominal exercise price, become exercisable in four equal annual installments. This acquisition is in furtherance of its strategy to become the world’s leading provider of contactless microprocessor-based smart card solutions for payments, homeland security, and other applications. The transaction will expand OTI’s presence in the growing contactless industry as well as strengthening its technological team and broadening its intellectual property base. InSeal’s revenues for 2005, the first year in which their product was sold, were approximately $560,000 with about breakeven operating results. InSeal’s revenues, which are expected to grow rapidly, are derived mainly from licensing and engineering fees. [ read the full release ]
Oi Brazil welcomes all new subscribers with 128KB SIMs from Gemplus Luxembourg, 16 May 2006, Gemplus International S.A. (Euronext: LU0121706294 - GEM and NASDAQ: GEMP), a leading provider of secure card based solutions, announces that Oi, the mobile wing of the Brazilian Telemar Telecoms Group, is delivering Gemplus 128KB SIM cards to all new customers in their Brazilian GSM network. [ read the full release ]
Giesecke & Devrient Sets the Course for the Future Fiscal 2005 was another successful year for Giesecke & Devrient (G&D). Consolidated net sales rose 7 percent from EUR 1.16 billion to EUR 1.24 billion in 2005. G&D also raised earnings (EBIT) 8 percent, generating a total of EUR 80.7 million. That equals a 6.5 percent return on sales. Net income stood at EUR 48.5 million. During the past financial year, capital expenditure amounted to EUR 50.5 million, up 5.6 percent on the previous year's level. The Company had more than 7,500 people on its payrolls in 2005. [ read the full release ]
Gemplus Launches Identity Management Solution Compliant with FIPS 201 Standard Gemplus International S.A. (Euronext: LU0121706294 – GEM and NASDAQ: GEMP), a leading provider of secure card solutions, announces the launch of its SafesITe Government solution compliant with the US federal government’s FIPS 201 regulations. Gemplus’ solution will enable federal agencies to meet the HSPD-12 requirements for interoperability for government employees and contractors to access federal buildings and IT networks. As set forth in the presidential directive and regulations, all federal agencies must start to issue FIPS 201 compliant identity credentials by October 26 2006. [ read the full release ]
ASK selected to deliver several millions of e-passports to the Greek Authorities ASK announced today that its ePassport technology has been selected by Toppan, the current provider of the personalization solution to the Greek Authorities. Toppan is a worldwide leader in printing and personalization of secured documents. This agreement involves several millions of passports to be delivered starting June 2006. “In addition to the GPO selection for the first phase of the US electronic passport, Toppan decision to select ASK technology, demonstrates the outstanding performance and innovation of our Smart Paper ID technology” states Amand Cochet, Corporate VP Sales. [ read the full release ]
Axalto Announces a Comprehensive Range of PIV Smart ID Cards for U.S. Federal Government Market Axalto, the world's leading provider of microprocessor cards (Gartner 2005), today announced its comprehensive range of dual interface Personal Identification Verification (PIV) cards. The latest Axalto PIV technology fully addresses the requirements mandated by Homeland Presidential Security Directive 12 for U.S. federal government employee identity cards, as defined by Federal Information Processing Standard 201 (FIPS 201). [ read the full release ]
HID launches “BE SECURE” promotion at IFSEC 2006 to benefit and promote UK charities HAVERHILL, United Kingdom, April 28, 2006 – HID Global, the premier manufacturer of contactless access control cards and readers for the security industry, today announced that it is set to host the company’s second “Be Secure” charity promotion at this year’s IFSEC tradeshow in Birmingham, UK on the 8–11 of May. This promotion follows the great success achieved at the ASIS tradeshow held in 2005 in Orlando, where over 1000 attendees participated. [ read the full release ]
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