Racom wins smart card contracts in Holland.DENVER--(BUSINESS WIRE)--June 23, 1997--Racom Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RCOM RCOM En Route Communications RCOM Recovery Communication ), a pioneer in the development of contactless smart cards A smart card that uses radio frequencies to provide a wireless connection to the reader. The transmission range is only a couple of inches, but allows the card to be quickly passed by a reader in applications such as secured entrances. See smart card and UltraCard. , announced today it has been awarded a series of contracts by LOGIN Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on. BV of Enschede, Holland, to provide its contactless smart card systems for three new multi-application smart programs in The Netherlands. The contracts call for Racom to initially deliver more than 5,000 contactless smart cards, along with associated terminals and communication software, for two municipal recreation facilities located in the cities of Schagen and Vlaardingen, a suburb of Rotterdam, as well as a community waste management system shared by the cities of Deurne, Kampen and Zwolle. "International markets represent a key element of our strategy to become a global leader in the smart card industry." Richard Horton Richard Horton, MB BS BSc FRCP FMedSci, is the present editor-in-chief of The Lancet, a United Kingdom-based medical journal. He studied at Bristol Grammar School from 1969 to 1980 and at the University of Birmingham from 1980 to 1986, receiving his BSc (in physiology) in , 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. and president of Racom Systems says. "This alliance with LOGIN provides Racom with a solid partnership in the Netherlands and the opportunity to jointly leverage our relationship to address vertical markets. "Racom Systems was awarded these contracts because the company's contactless technology provides the superior speed and endurance that is required to meet the flexibility, performance and security required in our applications," Johan Kulper, president of LOGIN, says. "We look forward to expanding the use of Racom's technology throughout Europe." Designed in cooperation with LOGIN, the Schagen and Vlaardingen contactless smart card systems are used to store electronic money, user identification, and facility management data. Local children, families and senior citizens in both communities are using the cards to pay for access to swimming pools, lockers and recreation amenities such as tanning tanning, process by which skins and hides are converted into leather. Vegetable tanning, a method requiring more than a month even with modern machinery and tanning liquors, employs tannin; its use is shown in Egyptian tomb paintings dating from 3000 B.C. salons, saunas and automated vending machines vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards. . As a result, cash, tokens and keys have been eliminated from circulation, reducing risks and costs associated with cash-based equipment, including theft and fraud. Facility managers estimate use of the smart card's electronic purse alone will annually save tens of thousands of guilders in labor costs per facility, while providing members with more automated convenient access to recreation facilities and services. With over 1,000 members, the Schagen contactless smart card program is sponsored by the Dutch government to evaluate the use of smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. for rationalizing recreation management, increasing membership and lowering overhead. There are over 150 similar Dutch municipal facilities, with up to 3,000 members. The Vlaardingen smart card program belongs to a group of privately owned recreation facilities numbering over 300 throughout Holland. In addition, the companies have delivered one of Holland's first multi-application waste management contactless smart card systems for use in Deurne, Kampen and Zwolle. Developed in cooperation with one of Europe's largest waste container A waste container (known more commonly in British English as a dustbin, rubbish-bin, ashcan or simply bin and American English as a trash can) is a container, which is usually made out of metal or plastic.[1]. manufacturers, the system enables residents to deposit household waste into underground bins located near densely populated pop·u·late tr.v. pop·u·lat·ed, pop·u·lat·ing, pop·u·lates 1. To supply with inhabitants, as by colonization; people. 2. residential complexes. The cards are used in combination with battery-powered locking systems to open bin doors, track bin use on a user basis and prohibit illegal dumping. Unlike conventional contact cards, which do not work well in open environments, and RFID cards, which offer read-only functionality, Racom's contactless smart cards are completely sealed and programmable. As a result, new, community services, such as on-time waste pickup, community access control and recycling programs, can be programmed into card after issuance. The system is designed to support over 20,000 residences using up to 200 bins, and targeted for use in over 100 cities. Racom Systems Inc. designs, manufactures and markets smart card systems which automate transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. in electronic commerce. Racom provides its customers with compatible, turnkey systems, based on open, interoperable, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. compliant smart cards and smart card terminals supporting both contact and contactless operation. The company's systems provide rapid, accurate and secure electronic transfer of electronic money and data between cardholders and financial transaction terminals. For further information about Racom, its technology and products, contact Racom at its Web address: http://www.racom.com, by telephone at 303/771-2077, or by fax at 303/771-4708. LOGIN BV was founded in 1987 with the mission of providing LOGistics and INformation service solutions to organizations requiring applications integrating real-word data capture and information management. Since 1990, the company has focused on smart card applications as a major growth market for enhancing its solutions. As a result, LOGIN is now a leading supplier of vehicle access control systems, having installed systems in major cities throughout Holland. For example, LOGIN has supplied equipment to universities and hospitals with multi-application programs totaling more than 150,000 users. The company's core business is system design and production of related hardware, its turnkey solutions are provided in cooperation with market partners such as software houses, value-added resellers and sales distributors. For further information about LOGIN, its technology and products, contact LOGIN at its Web address, http://www.login.nl (after July 1, 1997). CONTACT: Racom Systems Inc., Greenwood Village, Colo. Oliver Gatchell, 303/771-2077 or Murrel Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Guy Murrel, 303/581-7760 |
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