RFIDNews | Sirit, Inc.'s $10.6 million RFID Tollway Contract Renewed

Friday, June 15, 2007

RFID equipment manufacturer Sirit Inc. confirmed its three-year, $10.6 million contract from Transportation Corridor Agencies (“TCA”) in Southern California.

Under the agreement, Sirit will supply its Title 21-based RFID transponders with shipments to begin as early as next month.

Sirit Confirms $10.6 Million Renewal of RFID Tag Tollway Contract

6/18/07 - Sirit Inc. (TSX: SI) confirmed that pursuant to the announcement of June 7, 2007, the Company has been awarded a contract worth approximately US$10.6 million over three years from the Transportation Corridor Agencies (“TCA”) in Southern California. Under the agreement, Sirit will supply its Title 21-based RFID transponders with shipments to begin in July 2007.

Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit’s enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit’s products are built on more than 13 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit’s broad portfolio of products and capabilities are easily customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication.

Smart Card Alliance releases NFC transit report

The Smart Card Alliance Transportation Council has published a white paper examining how the transit industry can best make use of NFC technology.

“One of the major challenges facing transit agencies today is how to capitalize on the ever-growing popularity of mobile phones with a solid mobile strategy,” said Transportation Council Chairman Craig Roberts. “This white paper builds on the knowledge base developed in earlier white papers to foster a greater understanding of NFC technology, explain its role in the transit industry, and shed light on key issues facing the transit industry in developing a mobile strategy.”

U-Pass contract prevents dropout students from keeping transit benefits

The Province of British Columbia, the University of British Columbia and the Alma Mater Society have negotiated a plan to prevent students from dropping out of courses but still keeping their subsidized U-Pass, according to The Ubyssey.

Identive acquires majority stake in German cashless payment provider

Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

Accenture wins $71M contract from DHS

The U.S. Department of Homeland Security awarded Accenture Federal Services a 13-month, $71 million contract to add biometric modalities and other enhancements to the US-VISIT program. US-VISIT uses digital fingerprints and photographs. A pilot program included in the contract will test facial and iris voluntary identification enrollment and matching.

KT: 20 million Koreans will have NFC phones this year

KT Corporation, Korea’s largest teleco, is predicting that 20 million NFC-enabled phones will be in the hands of South Koreans by the end of 2012 – accounting for nearly 40% of the country’s total population, according to NFC World.

Mexico system allows residents of Sonora free passage through toll booths

Mexico’s Federal Tolling Authority - Caminos y Puentes Federales de Ingresos y Servicios Conexos (CAPUFE) - has awarded a contract to system integrator Axiompass to install a toll-free system for residents using Sirit RFID readers.

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Sirit, Inc.'s $10.6 million RFID Tollway Contract Renewed