BlueChip Secures Million Unit Purchase of Solicore's Flexion(R) Batteries.Solicore Supports Korean FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) Mandate by Enhancing Growth and Security LAKELAND, Fla. -- Solicore, leading producer of ultra-thin, flexible lithium polymer batteries, has signed a million unit purchase order through Korean-based BlueChip ENP ENP European Neighbourhood Policy ENP Everglades National Park ENP Emergency Nurse Practitioner ENP Emergency Number Professional (NENA) ENP Enterprising Non-Profits ENP Electroless Nickel Plating ENP endotoxin-neutralizing protein Co., LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . Solicore's Flexion flexion /flex·ion/ (flek´shun) the act of bending or the condition of being bent. flex·ion n. 1. The act of bending a joint or limb in the body by the action of flexors. 2. [R] batteries support compliance with the Korean FSA mandate to provide enhanced security for all personal and business financial transactions. The recent binding security initiatives and bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an require bankcards to be equipped with multi-factor identity authentication applications. Flexion batteries are uniquely able to power these vital solutions needed to comply, including one-time password (OTP (1) (One Time Programmable) Refers to programming content or logic into chips such as EPROMs and EEPROMs, which cannot be reversed. See antifuse. (2) (One Time P ) cards. "Solicore's pioneering battery technology has been contributing to the progress of worldwide security through various powered card applications in regions such as Africa, Japan and Switzerland. Solicore's alliance with BlueChip has widened the availability of these security solutions in Korea, providing our customers with enabling technologies to meet next-generation financial industry standards," says David Corey, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Solicore. A leading distributor of Microcrystal clocks for OTP card applications, BlueChip's established network of relationships with key manufacturers in the evolving Korean market creates numerous opportunities for Solicore to further strengthen their presence in the area. With this significant purchase, it is clear that companies within the industry, including Solicore, BlueChip and their customers, are committed to seamlessly expediting compliance with the Korean FSA mandate. "The use of OTP cards for banking security is in its early stages of adoption, but is gaining momentum quickly, due in part to the innovation Solicore is providing through its Flexion batteries. We believe the relationship between Solicore and BlueChip has evolved and grown stronger with the completion of this new contract," says Young-Joo Kim, director of BlueChip. "Given the capabilities of Solicore's ultra-thin batteries coupled with BlueChip's long-standing relationships within the sector, we are together positioned to lead this market." Since entering into their distribution agreement with Solicore, BlueChip has already secured several major purchase orders for platforms using Flexion batteries. For more information about Solicore and its Flexion battery portfolio, please visit www.solicore.com. About Solicore, Inc. - Solicore is a worldwide leader of embedded power solutions, offering its Flexion[R] product portfolio of advanced ultra-thin flexible lithium polymer batteries for powered cards, RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. and micro medical devices. Solicore's advanced battery technology is ultra-thin, flexible, safe and environmentally friendly, and significantly enhances the capabilities of lithium-based batteries. For more information, visit www.solicore.com. About BlueChip ENP Co., Ltd. - BlueChip ENP Co., Ltd. is a Korea-based electronic components distributor. Their product line features elements that enable Korean customers to manufacture powered cards and RFID solutions with Microcrystal's ultra thin 32.768 kHz crystal plus RTC See real time clock. IC and Solicore's thin film Flexion batteries. For more information, visit www.ibluechip.co.kr. |
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