Innovision R&T launches lowest cost smart ticket for mass transit
The British RFID and electronics solutions provider Innovision Research
& Technology plc will unveil the smallest and lowest-cost Radio
Frequency Identification (RFID) chip ever produced for smart ticketing
applications this week.
Innovision R&T's chip, known as Jewel, will be launched at the
International Union of Public Transport (UITP) Automatic Fare
Collection Conference in Bologna, Italy, taking place from 4-6
February 2004.
With a silicon area approximately 30 percent smaller than the nearest
competitor's product, the new RFID tag is inexpensive to produce. Until
now the cost of mass transit smart tickets has been relatively high,
but Jewel will enable companies to produce convenient, low-cost, ISO
14443A-compatible contactless tickets suitable for deployment with
existing ticket types and in virtually any type of public
transportation system.
"Innovision R&T's developments in RFID tag production will mean that
contactless ticketing will no longer be the preserve of high-value
season tickets," says Trevor Crotch-Harvey, Innovision R&T's Director
of Sales. "By driving the cost of chip production down, we have made
smart card technology economically viable for use in daily, weekly,
occasional and complex-pattern journeys that 21st century commuters
and travellers frequently make."
Compatible with international standards -- including ISO 14443A -- and
included in the UK transport standard ITSO version 2.1, Jewel is
interoperable with existing mass transit fare collection systems.
Because Jewel-based tickets are contactless, neither the ticket nor the
reading device is susceptible to the wear and tear of conventional
magnetic-stripe systems, and therefore requires minimal maintenance for
ticket reading machinery.
Widespread deployment of contactless ticketing will allow
transportation managers to collect more refined travel and journey
management information, enabling them to develop more efficient
timetables, reduce costs and delays, and improve safety. Jewel also
offers travellers convenience: because they are interrogated by a
radio signal reader device, Jewel smart tickets do not require
line-of-sight, so users need not remove their tickets from their
wallets or purses.
Innovision R&T is now working in partnership with mass transit
operators and ticket converters across the globe to design the next
generation of smart tickets for 21st century travel.
Notes To Editors
About Innovision Research & Technology plc
Founded in 1994, Innovision Research & Technology plc is an electronics
solutions provider and a major player in the Radio Frequency
Identification (RFID) industry.
Through the creation, development and licensing of technologies,
Innovision R&T provides innovative solutions to a wide variety of
enterprises, including some of the world's largest companies. A
growing team of more than 50 personnel and commercial expertise honed
in the industry's most challenging sectors enables Innovision R&T to
support the entire RFID design process from concept development
through to production engineering. Innovision R&T works in close
partnership with its customers to drive commercial success and deliver
competitive value.
Innovision R&T is listed on the Alternative Investment Market of the
London Stock Exchange (Ticker Symbol: INN). Its head office is in
Wokingham, Berkshire, UK.
For more information, see www.innovision-group.com
Media Enquiries
Stephen Fleming or Martin Stabe at Palam Communications
(formerly Schael)
Tel +44 (0) 1635 299116
Fax +44 (0) 1635 299115
Email sfleming@palam.co.uk mstabe@palam.co.uk
General Enquiries
Ian Lavigne
Innovision Research & Technology plc
Ash Court, 23 Rose Street, Wokingham, Berkshire RG40 1XS, United
Kingdom
Tel +44 (0) 118 936 6362
Fax +44 (0) 118 979 1500
Email ianl@innovision-group.com
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