DGAP-Media: SMARTRAC obtains MasterCard CQM Certification for its Kulim factory

DGAP-Media: SMARTRAC obtains MasterCard CQM Certification for its Kulim factory

ID: 33064

(firmenpresse) - DGAP-Media: SMARTRAC N.V. / Key word(s): Enterprise/
SMARTRAC obtains MasterCard CQM Certification for its Kulim factory

27.01.2011 / 07:30

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Amsterdam, January 27, 2011 - SMARTRAC N.V., a leading developer,
manufacturer and supplier of RFID transponders, today announced that it has
obtained Card Quality Management (CQM) Certification from MasterCard for
its factory in Kulim, Malaysia. The CQM Label has been granted to
SMARTRAC's high frequency card inlays following an on-site audit.

SMARTRAC has started setting up card inlay production in its Malaysian
production facility in fall 2010. The expansion is part of an investment
program targeted at enlarging the company's worldwide production capacity.

The MasterCard CQM Label for the factory in Kulim is an important
accomplishment and complements the existing MasterCard CQM Label for high
frequency card inlays, Durable Dual Interface (DDI) inlays and module
packaging process in the company's production facility in Ayutthaya,
Thailand.

'Thanks to the excellent performance of the teams in Thailand and Malaysia,
we were able to conduct the ramp-up as scheduled and completed CQM
certification in a comparably short period of time,' said Wolfgang
Schneider, Member of the Group Executive Team and Head of Business Unit
Cards at SMARTRAC. 'The certification is once again proof of our competence
and commitment to highest quality and security.'

CQM is a quality program ensuring high quality standards throughout the
entire production process of MasterCard-branded products. With the recently
awarded CQM certification, SMARTRAC's production processes have formally
been verified to pursue the strict MasterCard quality requirements for the
manufacturing facility, process management, testing, evaluation, and




auditing.

About SMARTRAC:
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. 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.


End of Media Release

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27.01.2011 Dissemination of a Press Release, 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 50 157
Fax: +31 20 30 50 155
E-mail: investor.relations(at)smartrac-group.com
Internet: www.smartrac-group.com
ISIN: NL0000186633
WKN: A0JEHN
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart


End of News DGAP-Media
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110084 27.01.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 27.01.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 33064
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