|Full text of AFR article...|
Listed smartcard company Chip Application Technologies (CAT) has dismissed plans to supply technology for the coming Commonwealth Games in Malaysia.
The decision comes after the cash-strapped Malaysian Government cut the budget for the Games, due to start in Kuala Lumpur in September, by $30m.
Malaysia had hoped to use the Games to position itself as a technologically innovative nation. CAT's technology was to have been used in advanced electronic ticketing and security operations.
However, the company's managing director, David MacSmith, said the Malaysian system would now be very simple, leaving no role for his company's sophisticated system.
"CAT decided to concentrate on the more immediate and far larger Olympic project in preference to a potentially loss-making Commonwealth Games project," the company said in a statement to the ASX.
Mid last year, CAT secured a deal to supply its software to the Olympic timing partner, Swatch, which has already begun selling $75 watches branded with the Sydney 2000 logo and containing CAT's technology.
The conventional-looking watches contain a computer chip which communicates with terminals and readers via a radio antenna. They can be used as tickets to events, access passes to restricted areas and even to store cash electronically.
The CAT system is in use on around 100 buses operated by Westbus in western Sydney and some retail outlets.
The company also has a deal with Visa, also an Olympic partner, to develop smartcard software for its Visa cash cards. However, it remains up to the Sydney Organising Committee for the Olympic Games (SOCOG) to decide the extent to which smartcards and smart watches will be used at the Olympics.
The decision will be made after consultation with not only Swatch and Visa but also the financial sponsor, Westpac, telecommunications sponsors Samsung and Telstra and IBM, the computer technology sponsor.
|Where Access is Accepted|
Alpes du sud:
Grüntenlifte, Kranzegg im Allgäu
Duijvestein Snowworld, Zoetermeer
Republic of South Africa
Table Mountain Aerial Cableway Comp., Capetown
Rigoa, Ceste na Roglu
|Misc. letters and news articles|
Dear Swatch Partner,
I am delighted to introduce our first ever Australian Swatch Access - Glorious Runner.
Stocks are limited of this very special watch I have pleasure in announcing a very special value added feature - Glorious Runner has been specially programmed to allow the purchaser one free access to Sydney's Centrepoint Tower and 10% discount off the first purchase at Sydney's Centrepoint Olympic store! Visitors can gain entry to Centrepoint Tower by swiping their Glorious Runner past the reader at the entrance
The original Access watch was developed for use on the ski slopes. So how does it work7 The answer to that is advanced technology - the movement inside every Swatch Access comes with a tiny microchip. At the base station, exact details of the wearer's pass - whether it's a day] week or season ticket for example - are stored in the chip. The second vital element is a sensor ring - a kind of antenna that communicates from the gate to the ski lift Swatch Access owners simply point their wrists in the direction of the gate and hey presto - the gate registers the signal opens automatically and it's time to hit the slopes!
The Access functions are independent of the battery-powered watch. Power for the system comes from the electromagnetic waves that initiate data communications with the reader - which can be a turnstile, a door openen or even a debiting scanner. Once the pass expires, Swatch Access can be reprogrammed again and again
Don't miss out on this limited offer to purchase Glorious Runner. Included with this letter you will find a photograph of the watch and an order form, as all orders will be supplied on a "first come" basis.
Manager - Swatch Division
Bienne, Switzerland, 5th february 1997 - This year's World Economic Forum (WEF) in Davos, Switzerland featured a Cyberlounge for meeting participants to surf on the Internet by means of a SWATCH Access. The wristwatch with it's integrated RF/ID transponder in fact authorized bearers to freely browse through the worldwide web on 12 workstations, provided by HEWLETT PACKARD and linked to a LAN and Internet with NOVELL products. Reader Hard- and Software to interface the workstations were supplied by SKIDATA.
Some 2000 wristwatches were supplied to Forum Participants, who during the 6 days made extensive use of “ their ” data carrier in multiple browsing sessions. According to Cyberlounge Supervisory Staff, the system found a most positive echo with more than 600 people, consulting their proper homepages, latest news items and latest stock exchange information. Extensive use was furthermore made of the e-mail facilities. System up-time was 100% and Internet access available and sollicited during 12 hours of the day. The success was such as for several users to consider their proper installation.
Within a minimum of time, the system was conceived, built and tested and the echo from amongst Forum Visitors has inspired SWATCH AG to enhance the product and to market same for forthcoming CYBERCAFES , INTERNET CORNERS and, of course special occasions and events, similar to the WEF.
The sytem features either single or multi station capabilities and introduces as an additional functionality the contactless communication between the user and the workstation for several distinct applications. Each such application is either preconfigured (static data, user related) or else programmable in the 1 KB read/write data carrier, embedded in the stylish time piece. Availability of the system in different configurations is scheduled still for this current quarter.
Gratkorn, Biel – SWATCH AG, the world's largest watch maker, has successfully integrated the MIFARE® contactless smart card technology of Philips Semiconductors / Mikron into the „SWATCH ACCESS® " watch.
The Swatch Access with MIFARE® technology is targeted to active people with high consciousness of fashion, quality and brands. Target applications for the watch with integrated smart card are public transport, sport events, tourism, access to and service in recreation areas, stadiums and amusement parks. Service providers, event managers and system integrators can use the SWATCH ACCESS® with MIFARE® technology as replacement or as additional option to regular cards.
With an estimated market share of 70-80%, Philips Semiconductors / Mikron's technology platform MIFARE® is today the world's leading contactless smart card technology. It features a 8Kbit multiapplication memory, high security with mutual authentication and RF channel encryption, and a high speed rf communication with more than 100kBaud. Cards, terminals and services with the MIFARE® technology are available around the world from numerous system houses. With its focus on speed, security and multifunctionality, the new Swatch Access with MIFARE® technology extends Swatch's existing portfolio to high security payment functions.
SWATCH AG is the world's largest quality watch maker with numberless models and designs. Swatch is the clear market leader within the young and active generation. Up to now, Swatch has sold more than 200 million of highest quality watches all over the world.
Philips Semiconductors with its Austrian subsidiary Mikron GmbH is the world-wide leader in ICs for contactless smart cards and RF identification. The business focus is on silicon and components for contactless smart cards and RF transponders, used in automatic fare collection, industrial applications, access control and car immobilizers.
MIFARE® is a registered trademark of Philips Semiconductors SWATCH® and SWATCH ACCESS® are registered trademarks of Swatch AG.
BIEL, Switzerland, Dec 3 (Reuters) - Swiss watchmaker Ste Suisse Microelectronique et d'Horlogerie SA (SMH) said on Wednesday that its low voltage semiconductor subsidiary EM Marin of Neuchatel, Switzerland, had acquired ADI Advanced Designs Inc (Nasdaq:DESI). of Colorado Springs, U.S.
SMH chairman Nicolas Hayek told Reuters that the acquisition would cost SMH less than $10 million.
Hayek also said that the acquisitions was very important for SMH's software activities.
The acquistion was partially financed by cash and partially by SMH shares, he said, adding the acquistion was ``one of several that will be coming.''
EM Marin is a leader in ultra low power integrated circuit technology and ADI designs advanced mixed signal integrated circuit and systems, SMH said in a statement.
EM's goal is to raise its turnover to over one billion Swiss francs by 2002, Hayek said, adding it has a ``very high profit margin.''
The acquisition of ADI is expected to treble EM's annual sales of integrated circuits, currently 140 milion Swiss francs.
The aim is to better service the growing U.S. market, Hayek added.
The acquisition is especially important for SMH's products, Swatch Access or smart cards. The products are used in either public transportation or in ski areas.
The acquisition is EM Marin's latest in a series of strategic partnerships that is aimed at offering the semiconductor market the widest possible choice of ultra low power voltage mixed signal technology solutions for portable and industrial control applications.
Forty percent of EM Marin's turnover is within the SMH group while some 60 percent stems from sales to third parties.
Hayek said EM produces a ``very high profit margin'' and cash flow.
ADI is a further addition to EM Marin's locations in Switzerland, France, Germany, Singapore, Thailand and an existing facility near Chicago.
``This acquisition represents a further step along the way towards EM's objective of becoming a truly global semiconductor company,'' SMH's statement said.