Servelec Group Regulatory News (SERV)

22 May 2007 07:01

Servocell Group PLC22 May 2007 SERV.L Servocell Group PLC ('Servocell' or 'the Company') Global Biometrics and RFID solutions provider joins ProActive Partnership Programme Servocell is a provider of Active Latch technology that controls with low energy inputs the movement or motion of mechanisms, such as locks Servocell is pleased to announce that RCG Holdings Limited ('RCG'), an AIMlisted global provider of integrated biometrics and RFID security solutions, hasjoined the ProActive Partnership Programme. RCG's membership of the programme brings a new level of functionality in areassuch as Fingerprint Access/Control Device technology. In addition to opening upopportunities for manufacturing customers, RCG's technology is potentiallyapplicable to Servocell's forthcoming range of finished locks, enabling thecompany to offer whole products with high security and low cost of ownership. The ProActive Partnership helps lock manufacturers and value added resellersbring together the advanced technology from Servocell with a range of accesscontrol solutions, thereby reducing time to market and cutting developmentcosts. Simon Powell, CEO Servocell, commented: "We are very pleased to welcome RCG into the ProActive Partnership. Theirbiometric and RFID technology is an ideal fit with our low power locktechnology. By eliminating the need for keys and wiring, the benefits ofelectromechanical locking will become greater and easier to implement." Dato' Lee Boon Han, Deputy CEO of RCG, commented: "We are delighted to join the ProActive Partnership. We see a great deal ofsynergy between our technologies and those of Servocell and are actively workingwith Servocell to bring intelligent keyless solutions to our customers". For further information please contact: Simon Powell, Chief Executive Officer, Servocell Group plc 01279 621 500Steven Weaver, Chief Financial Officer, Servocell Group plc Jon Fitzpatrick, Corporate Finance (NOMAD), Bell Lawrie 0141 221 7733 Shane Dolan, Biddicks 0207 448 1000 Notes to editors About RCG RCG Holdings Limited, which floated on AIM in July 2004, is a leadinginternational developer, manufacturer and solution provider in the biometricsand RFID industries. The Group is dedicated to developing state-of-the-artbiometric and RFID systems through hardware and software integration. Itsintegrated products and solutions include Fingerprint Access Control Device,Facial Recognition Surveillance System, Device and Attendance Management System(DAMS), RFID-enabled Point-of-Sales System, Warehouse Management System, andEnterprise Resources Tracking System. The Group has an aggressive growth strategy with a clear focus on developing newapplications and revenue streams for global roll out, particularly in securityapplications. About Servocell Servocell is a provider of Active Latch technology that controls with low energyinputs the movement or motion of mechanisms, such as locks. The Group's devicesare underpinned by piezo ceramic actuators, which are well established in manyapplications such as reversing sensors for motor vehicles. Through significantinvestment, Servocell has developed a unique low-cost methodology for creatingactuators which give relatively large movement at a low power input. The Companyhas applied this technology into modules under the Active Latch brand for saleinto lock manufacturers' products. More recently, to accelerate application of the technology, the Group has beendeveloping a range of "Ready to Go" sub-assembly products under the CabinetLatch and Active Escutcheon brands. These are being sold to both lockmanufacturers and major distributors. This information is provided by RNS The company news service from the London Stock Exchange