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Keycorp Selected for Hong Kong Contactless ePassport Project
Sydney, Jan 24, 2006 (ABN Newswire) - Secure electronic transaction solutions provider Keycorp Limited (ASX: KYC) today announced it had been selected as the exclusive supplier of MULTOS technology to the consortium awarded the tender for ePASS, Hong Kong's ePassport project.
It is the first win for Keycorp's MULTOS ePassport solution, which was launched in November 2005 at the Cartes smartcards trade show in Paris.
Hong Kong Immigration Department awarded a tender for ePASS to Unihub Limited, which is heading a consortium of suppliers, including Keycorp, who will develop and deliver the new ePassport system.
The project is due to commence in 2006.
The Keycorp MULTOS ePassport technology capitalises on the special features that have made MULTOS the most secure, open, multi-application smartcard operating system.
The MULTOS technology is recognised as a leading open platform smartcard solution for banking and ID, where security and flexibility is a critical requirement. Keycorp is the leading supplier of MULTOS products, recently selected for the Turkish military ID project.
About KEYCORP LIMITED
Keycorp Limited (ASX: KYC) is a global provider of secure electronic transactions: with solutions from smartcards and point-of-service transaction systems to network carriage and payment engines. Keycorp’s electronic payment terminals include smartcard-capable online and offline terminals capable of processing credit, charge, debit and stored value transactions. The terminals are designed for use at a retail point of sale, over the phone, in mobile environments or via the Internet, and can communicate with host systems via fixed or mobile communications.
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