SMRT.L Regulatory News (SMRT)

14 Feb 2006 07:00

Advanced Smartcard Technologies plc14 February 2006 Advanced Smartcard Technologies plc ADVANCED SMARTCARD TECHNOLOGIES ANNOUNCES CONTRACT SUCCESS WITH TRANSPORT SCOTLAND Advanced Smartcard Technologies plc, through its wholly owned subsidiary EcebsLimited, has successfully completed a £325,000 order for Transport Scotland, anagency 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 nationalinitiative. This project represents a significant step forward in makingsmartcard transport ticketing a reality in Scotland. The ISAMs will be installed in terminals aboard buses and passenger carryingferries, acting as card-reading devices, to enable the 1.2 million smartcardsbeing issued by the Improvement Service on behalf of Scottish Local Authoritiesto be authenticated and operate as transport tickets. Managing Director, David Braddock, commented, " We are delighted to have completed this crucial stage of the implementationprogramme for Transport Scotland. These ISAMs will be the backbone of thelargest smartcard transport ticketing system in the UK outside London." -ends- Date: February 14, 2006 For further information contact: Advanced Smartcard Technologies plc 01355-268521David Braddock, Managing DirectorStephen Naylor, Finance Director SVS Securities 020 7638 5600Ian CallawayPeter Manfield cityPROFILE 020 7448 3244Simon CourtenayLynn Mah NOTES TO EDITORS About Advanced Smartcard Technologies plc ("SMRT", "The Company") Advanced Smartcard Technologies plc, through its wholly owned subsidiary EcebsLimited, is a profit making, software company operating in the dynamic andexpanding smartcard arena. SMRT listed on AIM in December 2005. The Companyprovides smartcard technology to a wide range of user markets includingtransport, ID, healthcare, finance and local and national government departmentsand blue-chip companies. The Company's key differential is its core intellectual property, a softwareproduct branded 'Multefile(TM)'. This is a patented, groundbreaking technology,which is set to radically improve the way smartcards are deployed and developedwithin the industry, significantly reducing development costs and increasing theflexibility of smartcard solutions. Multefile(TM) enables smartcard issuers todirectly manage their smartcards after issue - bringing significant benefit toboth 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 theScottish Parliament. It is a coalition between the Scottish Labour Party and theScottish Liberal Democrat Party. The Scottish Executive is responsible for most of the issues of day-to-dayconcern to the people of Scotland, including health, education, justice, ruralaffairs, and transport. It manages an annual budget of more than £27 billion in the financial year2005-2006 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 andin 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