(DGAP-Media / 01.07.2013 / 10:53)
PRESS RELEASE
exceet selected as a supplier of London's Oyster Card
- Long-term contract with Transport for London
- One of the largest contactless transportation ticketing schemes
Luxembourg, July 1, 2013 - exceet Card Group AG, one of the European
leaders of RFID, dual interface and chip card manufacturing signed a
4-years contract with Transport for London, the integrated body responsible
for London's transport system. exceet was selected to supply a potential
between 6 to 8 million smart cards per year for Transport for London. The
Oyster card is used on public transport in Greater London in the United
Kingdom and is valid on travel modes across the city including London
Underground, London Buses, the Docklands Light Railway (DLR), London
Overground, trams, some river boat services and most National Rail services
within the London fare zones. This project is one of the largest and
prestigious transportation projects worldwide.
Every day, more than 10 million journeys are made on the Transport for
London network. This means that the current fare collection system supports
in excess of 10 million transactions. A secure and reliable solution is
crucial for the success of such a project, which is assured by an
experienced supplier such as exceet Card Group.
exceet supplies innovative contactless smartcards, based on NXP
Semiconductor's MIFARE(R) DESFire EV1 technology. 'With our state-of-the
art production facilities and the long-term experience in producing and
supplying smartcard technology to Transportation projects globally, our
provision of smart cards to Transport for London helps continue the
reduction of fraud, as well as the reduction of maintenance and cash
handling costs. At the same time, this important order underlines our
outstanding expertise in the smart card market', says Robert Wolny, Chief
Operating Officer of exceet.
About exceet Card Group
exceet Card Group AG combines the strengths of global leaders of RFID, dual
interface and chip card manufacturing. The Group's innovative product
portfolio extends to design, development, consulting, production,
personalization and lettershop, making us the leading full-service provider
of smartcards, NFC-solutions and readers. In the mobile payment field,
exceet Card Group offers mobile services, identity safeguards, secure
payment solutions, authentication of online services, and cloud computing
access.
Contact:
exceet Group SE
114, avenue Gaston Diderich
L-1420 Luxemburg
Fabian Rau, Vice President Marketing
E-Mail: f.rau@exceet.ch
Phone: 0049 172 36 53 167
End of Media Release
=--------------------------------------------------------------------
Issuer: exceet Group SE
Key word(s): Enterprise
01.07.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group 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
=--------------------------------------------------------------------
Language: English
Company: exceet Group SE
114, avenue Gaston Diderich
L-1420 Luxemburg
Grand Duchy of Luxembourg
Phone: +352 2600 3181
Fax: +352 2600 3133
E-mail: info@exceet.ch
Internet: www.exceet.ch
ISIN: LU0472835155, LU0472839819
WKN: A0YF5P, A1BFHT
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in München
End of News DGAP-Media
=--------------------------------------------------------------------
219107 01.07.2013
(END) Dow Jones Newswires
July 01, 2013 04:53 ET (08:53 GMT)
