28.11.2006 – 09:07

SMARTRAC N.V.

euro adhoc: SMARTRAC N.V.
other
SMARTRAC receives major order for several million inlays for US ePass project

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

28.11.2006

Amsterdam, 28 November 2006. SMARTRAC, the inventor of inlays for
electronic passports, has obtained the first major order to supply
several million ePassport inlays for the United States’ ePass project
in 2006/2007. The order, placed by Infineon Technologies, is the most
significant order in the high-security RFID inlay industry to date.
The US programme, for which SMARTRAC will produce the inlays, is
currently the world’s largest ePass project with a potential volume
of 13 to 18 million passports per annum.

Since 2004, SMARTRAC has been a certified supplier for the current US
ePassport programme for which it is already producing approximately
one million inlays a month. In order to meet the US and increasing
worldwide demand for high security inlays SMARTRAC is planning to
open its fourth factory at the company’s location in Thailand as
early as January 2007. In addition, SMARTRAC plans to boost its
worldwide production capacity for ePassport inlays in 2007 to 4
million per month by opening a factory in the US.

SMARTRAC is currently involved in 70 of the world’s 95 ePassport
programmes. Certification for the US ePassport programme means that
the company will greatly benefit from the worldwide introduction of
ePassports that is also accelerated by the provisions of the US
authorities within the framework of the Visa Waiver Programme that
came into effect on 26 October 2006. In order to comply with these
regulations, the 27 countries whose citizens are allowed to enter the
United States without a visa have started introducing electronic
passports.

end of announcement                               euro adhoc 28.11.2006 08:31:40

Further inquiry note:

Max Hohenberg
Media Relations SMARTRAC N.V.
Tel: +49 711 6569 2616
Email: max.hohenberg@smartrac-group.com

Branche: Technology
ISIN: NL0000186633
WKN: A0JEHN
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade