Deutsche Effecten- und Wechsel-Beteiligungsges. AG
EANS-News: DEWB investment holding KSW Microtec moves into the fast lane for eTicketing
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Dresden, Germany, October 11, 2011 (euro adhoc) - KSW Microtec, one of the world´s leading suppliers of RFID components and inlays for secure cards and eDocuments, is extending production capacity following an acceleration in the adoption of its eTicketing solutions, as transport operators worldwide gear up to improve efficiencies through the introduction of eTicketing systems across all modes of public transport. As a leading supplier in eTicketing in Europe and worldwide, KSW serves this growth trend with their certified and standardized inlays for eTicketing. KSW has already received large volume orders for 2011 and is producing tens of millions of ticket inlays to meet this demand, indicating a sustained increase for RFID based eTicketing. Customers also benefit from an extension to KSW´s inlay production facility being put in place during Q4 2011, featuring a state-of-the-art assembly line with new equipment, more capacity and improved manufacturing processes. This drive is further enhanced through the provision of customized products generated from different ISO14443/ISO15693 chips in combination with a variety of alternative antenna designs. These provide maximum inlay flexibility for tickets, cards and other form factors such as key fobs. "This new installation for increased production capacity reflects our ongoing commitment to provide maximum flexibility, uncompromised productivity and on-time delivery for our customers," said Thomas Hitzer, CEO of KSW Microtec. The range of ticketing applications where KSW´s inlay technology is speeding passengers on their journeys, is active in many public transportation networks in major European Cities, following increasing numbers of metropolitan areas adapting their public transportation networks to embrace new RFID based eTicketing schemes. This has been further accelerated since last year´s EU directive 2010/40/EU on the framework for the deployment of Intelligent Transport Systems (ITS) and Member States and their competent authorities are now focusing on achieving frameworks for multimodal interoperable ticketing. Meanwhile in the US, KSW´s inlays are also in place in high volume ticketing solutions for public transit system. These include the `Easy Ticket´ for the Miami Dade Transit, the `Muni Ticket´ operating in San Francisco´s Municipal Transportation Agency and the `Transit Access Pass´ for the Los Angeles Country Metropolitan Transportation Authority. "This widespread adoption of our certified ticket inlays by many major cities´ transport companies reflects the commitment of our own valued customers who, as ticket converters, convert transport operators to using KSW inlay products in their ticketing systems. It also confirms the necessary role our products play in ensuring efficiency and security in modern and secure public transit systems, worldwide," adds Thomas Hitzer. As a technology, RFID for municipal transport services generates considerable benefits such as lower maintenance costs, faster service rates and prevention of fraudulent actions, as well as improved passenger convenience. In addition, low-cost contactless ticketing allows transport operators to optimize their tariff policy to improve transparency and to maximize revenues through better data-collection and a high flexibility in regards to pricing strategies. As well as public transport, the market for event ticketing is a major growth area for RFID, with KSW strong involvement in this sector. Not only do RFID-enabled tickets increase identification security, they also ensure quick and more comfortable access for visitors and, in combination with extended functionalities such as payment, add value to the ticket. KSW ticket inlays serve adventure parks, exhibition tickets and sport events worldwide. As RFID technology combines with other innovative ID technologies, such as NFC, KSW´s prelaminate family of products and its Mobile Phone Sticker with ticketing and loyalty functions, also fulfills many market challenges in the world of advanced ticketing. About KSW KSW Microtec AG founded in 1994, with its headquarters in Germany, is one of the world´s leading suppliers of contactless components for applications such as Access Control, eGovernment, ePayment, eTicketing and Asset Management. KSW successfully combines high-end wafer processing, extremely efficient assembly and lamination technology and far-reaching expertise in design. KSW has earned itself a leading position on the market as innovator and one of the most efficient, and simultaneously most flexible, producers of RFID components. KSW is a 100% investment holding of the listed venture capital company Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB). For more information visit: www.ksw-microtec.de For further information, please contact: Maria Lenz KSW Microtec AG Manfred-von-Ardenne-Ring 12 01099 Dresden - Germany Tel: +49 351 889 60 28 Fax: +49 351 889 60 11 Maria.lenz@ksw-microtec.de www.ksw-microtec.de Media contact: Tim Cockerell Wise Media S.p.A. Via Lepetit 4 20124 Milano - Italy Tel: +39 02 8903 4126 Fax: +39 02 67388322 tim.cockerell@wisemedia.com www.wisemedia.com Further inquiry note: Marco Scheidler Tel.: +49 (0) 3641 573-3600 E-Mail: marco.scheidler@dewb-vc.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Deutsche Effecten- und Wechsel-Beteiligungsges. AG Leutragraben 1 D-07743 Jena phone: +49 (0)3641 573 3600 FAX: +49 (0)3641 573 3610 mail: ir@dewb-vc.com WWW: http://www.dewb-vc.com sector: Financial & Business Services ISIN: DE0008041005 indexes: stockmarkets: free trade: Berlin, Stuttgart, München, Open Market / Entry Standard: Frankfurt language: English