Advanced Smartcard Technologies plc
14 February 2006
Advanced Smartcard Technologies plc
ADVANCED SMARTCARD TECHNOLOGIES ANNOUNCES CONTRACT
SUCCESS WITH TRANSPORT SCOTLAND
Advanced Smartcard Technologies plc, through its wholly owned subsidiary Ecebs
Limited, has successfully completed a £325,000 order for Transport Scotland, an
agency of the Scottish Executive.
The project involved the delivery of 6,500 high capacity secure smartcards,
known as "ISAMs" (ITSO Security Application Modules), as part of a national
initiative. This project represents a significant step forward in making
smartcard transport ticketing a reality in Scotland.
The ISAMs will be installed in terminals aboard buses and passenger carrying
ferries, acting as card-reading devices, to enable the 1.2 million smartcards
being issued by the Improvement Service on behalf of Scottish Local Authorities
to be authenticated and operate as transport tickets.
Managing Director, David Braddock, commented,
" We are delighted to have completed this crucial stage of the implementation
programme for Transport Scotland. These ISAMs will be the backbone of the
largest smartcard transport ticketing system in the UK outside London."
-ends-
Date: February 14, 2006
For further information contact:
Advanced Smartcard Technologies plc 01355-268521
David Braddock, Managing Director
Stephen Naylor, Finance Director
SVS Securities 020 7638 5600
Ian Callaway
Peter Manfield
cityPROFILE 020 7448 3244
Simon Courtenay
Lynn Mah
NOTES TO EDITORS
About Advanced Smartcard Technologies plc ("SMRT", "The Company")
Advanced Smartcard Technologies plc, through its wholly owned subsidiary Ecebs
Limited, is a profit making, software company operating in the dynamic and
expanding smartcard arena. SMRT listed on AIM in December 2005. The Company
provides smartcard technology to a wide range of user markets including
transport, ID, healthcare, finance and local and national government departments
and blue-chip companies.
The Company's key differential is its core intellectual property, a software
product branded 'Multefile(TM)'. This is a patented, groundbreaking technology,
which is set to radically improve the way smartcards are deployed and developed
within the industry, significantly reducing development costs and increasing the
flexibility of smartcard solutions. Multefile(TM) enables smartcard issuers to
directly manage their smartcards after issue - bringing significant benefit to
both issuers and users.
www.astplc.com
About the Scottish Executive.
The Scottish Executive is the devolved government for Scotland.
The Executive was established in 1999, following the first elections to the
Scottish Parliament. It is a coalition between the Scottish Labour Party and the
Scottish Liberal Democrat Party.
The Scottish Executive is responsible for most of the issues of day-to-day
concern to the people of Scotland, including health, education, justice, rural
affairs, and transport.
It manages an annual budget of more than £27 billion in the financial year
2005-2006 which is due to rise to over £30 billion in 2007-2008.
The Executive is led by a First Minister who is nominated by the Parliament and
in turn appoints the other Scottish Ministers who make up the Cabinet.
www.scotland.gov.uk/
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.