DGAP-News: SMARTRAC Surpasses Production Milestone of 200 Million Library Labels
(firmenpresse) - DGAP-News: SMARTRAC N.V. / Key word(s): Miscellaneous
SMARTRAC Surpasses Production Milestone of 200 Million Library Labels
01.06.2011 / 17:21
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Amsterdam, May 31, 2011 - SMARTRAC N.V., a leading developer, manufacturer
and supplier of RFID transponders, announces that the company has produced
and shipped more than 200 million labels for libraries and media
management.
RFID labels for libraries and media management are produced in SMARTRAC's
production facility in Kulim, Malaysia, based on a technology platform that
integrates under one umbrella the inlay assembly concept, proprietary
interconnection methods, and the in-house manufacturing of antennas, straps
and inlays.
Besides the production of inlays and related components, the company's
Business Unit Tickets&Labels offers additional services for customers in
the media management segment such as printing and programming for library
labels. In addition, SMARTRAC has established a worldwide supply chain to
support the global media management customer base with local service hubs.
'The production milestone underlines our strong market position as
manufacturer and supplier of RFID labels to the library and media
management market', says Dr. Christian Fischer, CEO of SMARTRAC.
The company also announced that SMARTRAC Investment B.V., a 100 percent
subsidiary of SMARTRAC N.V., took an interest of some 20 percent in RFID
Technologie B.V. in the amount of EUR 20 million as an opportunity to
develop new products and applications.
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 3,500 employees and maintains
a global research and development, production, and sales network.
If you have any questions, please contact:
Tanja Moehler
Head of Corporate Communications
SMARTRAC N.V.
Phone: +31 20 30 50 157
Email: tanja.moehler(at)smartrac-group.com
Internet: www.smartrac-group.com
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 thispress release.
End of Corporate News
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01.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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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 News-Service
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127256 01.06.2011
Bereitgestellt von Benutzer: EquityStory
Datum: 01.06.2011 - 17:21 Uhr
Sprache: Deutsch
News-ID 34301
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