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Wie wär`s hiermit: Ad hoc-Service: OTI On Track Innovations Engl Ad hoc-announcement edited and send by DGAP. The sender is responsible for the contents of this announcement. ------------------------------------------------------------------------------ OTI Asia Pacific Enters China`s Mass-Transportation Ticketing with an Initial One Million Card Order from Tsinghua-Tongfang Beijing and Hong-Kong, Sept. 1st, 2000, OTI Asia Pacific (a joint venture of OTI and Cheung Kong Infrastructure, Holding, Ltd.) and the People`s Republic of China High-Tech corporation, Tsinghau-Tongfang (THTF) announce, today, a cooperation intended for China`s mass-transportation and electronic payment markers. The lst smart card operating system approved by the People Bank of China (PBOC-China standared e-payments) was launched with THTF`s initial order from OTI Asia Pacific, for one million cards. OTI Asia Pacific and Tsinghua-Tongfang expect a significantly greater order for their products in the course of 2001 and 2002. The combined EYECON-ZTCOS smart card, will allow China`s mass-transportation a fast, easy and cost effective operation, as well as facilitate access to additional multi-application projects including citizen cards, loyalty programs, stored value and credit cards. THTF will implement the combined solution in several metropolitan projects including Shenyang, Haerbin and Guilin. The first project implementing this combined solution is in Shenyang, the biggest city in North-Eastern China, with a population of over Six Million people. The project will cover buses and subways, is expected to extend to utility fee collection, and possibly serve as the basis for the City`s ID card in the future. For further information, visit our website at: www.oti.co.il. or Contact: Shai Ziv Tel: +852 2834 6238 Fax: +852 2834 6100 Email; shaj_ziv@oti.co.il Contact: Liang Jianlin Tel: +86 10 62791051/52 Fax: +86 10 62784669 E-mail: LiangJianLin@z63.net End of Message 040824 Sep 00 |
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