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    Identive Group Inc.  8982  0 Kommentare Identive Collaborates with Land Transport Authority on New Smart Paper Tickets for Singapore's Public Transit System


    (DGAP-Media / 19.08.2013 / 13:00)

    Identive Collaborates with Land Transport Authority on New Smart Paper
    Tickets for Singapore's Public Transit System

    $3.9 million contract awarded to supply NFC transit tickets over three
    years

    SANTA ANA, Calif. and ISMANING, Germany, August 19, 2013 - Identive Group,
    Inc. (NASDAQ: INVE) (Frankfurt: INV) has collaborated with the Land
    Transport Authority (LTA) in Singapore to design new smart chip-based
    transit tickets for the Southeast Asian country's extensive rail network.
    TransitLink, as the LTA administrator, has awarded Identive a three-year
    contract valued at $3.9 million to supply the tickets, which include near
    field communication (NFC) chips from Infineon Technologies AG (FSE: IFX /
    OTCQX: IFNNY).

    'This project demonstrates Identive's commitment to leveraging our unique
    expertise to create smart transit credentials,' said Dr. Manfred Mueller,
    executive vice president and COO, Identification Products for Identive.
    'The convenience of contactless tickets positions the market for explosive
    growth. The gating factor has been authorities' and agencies' confidence in
    the security of ticket readers and payment. Identive provides a proven
    solution as smart transit tickets are a core competency. We are confident
    our collaboration with LTA will ensure the new NFC tickets work within the
    country's transit infrastructure to help move Singapore's five million
    citizens and tourists efficiently and with ease.'

    Identive's end to end capabilities make it a one-stop shop able to tag,
    code, lock and print transit tickets for LTA. In the last two and a half
    years, Identive has quadrupled production capacity in Singapore to address
    a growing global market for contactless tickets for transport.

    Identive custom engineered a fanfold construction for the new paper tickets
    that delivers exceptional durability, from issuance through multiple trips
    within the transit network. The contactless technology embedded in the
    tickets facilitates rapid processing through automated fare gates at
    transit stations throughout Singapore. The smart transit tickets, each with
    its own unique identifier and intelligence, incorporate my-d(TM) move NFC
    chips from Infineon with 152 bytes EEPROM and 128 bytes user memory in
    accordance with ISO/IEC 14443 and NFC ForumTM Type 2 Tag standards.
    Identive embeds the chips within an aluminium-etched antenna on a PET inlay
    that is optimized for performance within Singapore's rail transit
    environment, providing a 10 cm read range to enhance ease of use for
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    Identive Group Inc. Identive Collaborates with Land Transport Authority on New Smart Paper Tickets for Singapore's Public Transit System (DGAP-Media / 19.08.2013 / 13:00) Identive Collaborates with Land Transport Authority on New Smart Paper Tickets for Singapore's Public Transit System $3.9 million contract awarded to supply NFC transit tickets over three years SANTA ANA, Calif. …