Identive Collaborates With Land Transport Authority on New Smart Paper Tickets
for Singapore's Public Transit System
$3.9 Million Contract Awarded to Supply NFC Transit Tickets Over Three Years
SANTA ANA, Calif. and ISMANING, Germany, Aug. 19, 2013 (GLOBE NEWSWIRE) --
Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) has collaborated with the
Land Transport Authority (LTA) in Singapore to design new smart chip-based
transit tickets for the Southeast Asian country's extensive rail network.
TransitLink, as the LTA administrator, has awarded Identive a three-year
contract valued at $3.9 million to supply the tickets, which include near
field communication (NFC) chips from Infineon Technologies AG (Frankfurt:IFX)
"This project demonstrates Identive's commitment to leveraging our unique
expertise to create smart transit credentials," said Dr. Manfred Mueller,
executive vice president and COO, Identification Products for Identive. "The
convenience of contactless tickets positions the market for explosive growth.
The gating factor has been authorities' and agencies' confidence in the
security of ticket readers and payment. Identive provides a proven solution as
smart transit tickets are a core competency. We are confident our
collaboration with LTA will ensure the new NFC tickets work within the
country's transit infrastructure to help move Singapore's five million
citizens and tourists efficiently and with ease."
Identive's end to end capabilities make it a one-stop shop able to tag, code,
lock and print transit tickets for LTA. In the last two and a half years,
Identive has quadrupled production capacity in Singapore to address a growing
global market for contactless tickets for transport.
Identive custom engineered a fanfold construction for the new paper tickets
that delivers exceptional durability, from issuance through multiple trips
within the transit network. The contactless technology embedded in the tickets
facilitates rapid processing through automated fare gates at transit stations
throughout Singapore. The smart transit tickets, each with its own unique
identifier and intelligence, incorporate my-d™ move NFC chips from Infineon
with 152 bytes EEPROM and 128 bytes user memory in accordance with ISO/IEC
14443 and NFC Forum^TM Type 2 Tag standards. Identive embeds the chips within
an aluminium-etched antenna on a PET inlay that is optimized for performance
within Singapore's rail transit environment, providing a 10 cm read range to
enhance ease of use for commuters.
Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) is focused on building the
world's signature company in Secure ID. The company's products, software,
systems and services address the markets for identity management, physical and
logical access control, cashless payment, NFC solutions and a host of
RFID-enabled applications for customers in the government, enterprise,
consumer, education and healthcare sectors. Identive's mission is to build a
lasting business of scale and technology based on a combination of strong
technology-driven organic growth and disciplined acquisitive expansion. The
company delivers up-to-date information on its activity as well as industry
trends through its industry-leading social media initiatives and educational
resource, AskIdentive.com. For additional information, please visit
www.identive-group.com or follow on Twitter at @IdentiveGroup.
Note: Identive and the Identive logo are trademarks of Identive Group, Inc,
registered in many jurisdictions worldwide. All other company, product or
service names may be trademarks or registered trademarks of others and are the
property of their respective owners.
+1 949 553-4251
+ 49 89 9595-5220
Identive Group, Inc. Logo
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