ACS launches its new ACOS7 Dual-interface Smart Card for the World Transportation Market

HONG KONG, 31 Dec 2009- Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), a global supplier of card and reader technologies, launches its new ACOS7 dual-interface smart card for the world Automatic Fare Collection (AFC) market.

“All-in-One Card” is a very popular concept. It is a single smart card being used within a city for multiple applications, both for transit and for non-transit payment. ACOS7 supports both contact and contactless interfaces, while, as the other option, it supports only contactless interface. Complaint with ISO7816-4 and supporting secure e-purse, e-deposit and transactions, ACOS7 can be applied to transportation, retail, property management, car parking, utility supply, etc.

Additionally, certified to be compliant with the Ministry of Construction (MoC) standard, a national “All-in-One Card” standard defined by the China Government, ACOS7 is ideal for the AFC market in China. China is the country in the world with the largest number of smart cards in use for AFC. This Chinese standard was set based on the vast experience of MoC in involving in many “All-in-One Card” Projects in China. This standard could be used as a reference by the standard setting bodies of other countries.

“AFC is indeed a killer-application of smart cards. The release of ACOS7 signifies ACS’s deeper engagement in serving the growing world AFC market,” said Gilbert Leung, Sales Director of ACS. “ACS will continue to put its resources on research and development so as to provide a wider range of products to suit different needs of the world and facilitate an easier realization of smart card applications.”

For further details of ACOS7 Dual-interface Smart Card, please visit www.acs.com.hk/index.php?pid=product&id=ACOS7 .

About ACS

Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific’s number one supplier of PC-linked smart card readers (Source: Frost & Sullivan). One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide.Visit ACS at https://www.acs.com.hk/.