DGAP-News: SMARTRAC N.V.: SMARTRAC published Position Statement

DGAP-News: SMARTRAC N.V.: SMARTRAC published Position Statement

ID: 32353

(firmenpresse) - SMARTRAC N.V. / Key word(s): Statement

14.10.2010 15:07
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PRESS RELEASE

SMARTRAC published Position Statement pursuant to Article 18 paragraph 2
and Annex G of the Decree Public Offers (Besluit openbare biedingen Wft)

Amsterdam, October 14, 2010 - Today, the Management Board of SMARTRAC N.V.
published the Position Statement of SMARTRAC N.V. regarding the recommended
public offer (cash offer) by OEP Technologie B.V. as required pursuant to
Article 18 paragraph 2 and Annex G of the Decree Public Offers (Besluit
openbare biedingen Wft). The Position Statement provides, inter alia, in
writing the financial and non-financial considerations of the SMARTRAC
Management Board with regard to the public offer by OEP Technologie B.V. as
laid down in the Offer Document to the shareholders of SMARTRAC N.V.
published on October 11, 2010.

The Position Statement is made available by way of publication on the
internet on the company's website at http://www.smartrac-group.com, and
will be held for distribution free of charge at SMARTRAC TECHNOLOGY GmbH,
Albstr. 14, 70597 Stuttgart (Fax: +49 (0) 711 656 926 11).

About SMARTRAC N.V.

SMARTRAC is a leading developer, manufacturer, and supplier of RFID
components for a broad bandwidth of applications in all current frequency
standards. The company produces ready-made as well as customized
transponders for public transport, access control, RFID-based car
immobilizers, animal identification, libraries, industry, and logistics.

SMARTRAC is the global market leader in high-quality RFID inlays for
electronic passports (e-Passports) and contactless credit cards (e-Payment)
as well as for RFID transponders for public transport applications.
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. Since December 2008, SMARTRAC has been a member of the TecDAX,
Germany's leading share index for companies in the technology sector. The
company currently employs some 3,300 employees and maintains a global
research and development, production, and sales network.

Forward-looking statements
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.

Andreas Schwarzwälder
Investor Relations
Tel: +31 20 30 50 156
Email: andreas.schwarzwaelder(at)smartrac-group.com

Tanja Möhler
Corporate Communications
Tel: +31 20 30 50 157
Email: tanja.moehler(at)smartrac-group.com





14.10.2010 15:07 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: SMARTRAC N.V.
Strawinskylaan 851
1077 XX Amsterdam
Niederlande
Phone: +31 20 30 50 156
Fax: +31 20 30 50 155
E-mail: investor.relations(at)smartrac-group.com
Internet: www.smartrac-group.com
ISIN: NL0000186633
WKN: A0JEHN
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 14.10.2010 - 15:07 Uhr
Sprache: Deutsch
News-ID 32353
Anzahl Zeichen: 0

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