TagMaster signs new global OEM agreement with Securitas Systems

Sthlm., Sweden - TagMaster, innovator and developer of advanced RFID solutions for wireless identification systems, has signed a new global OEM agreement with SECURITAS Systems. The agreement implies an enhanced business network between TagMaster and Securitas worldwide, where SECURITAS will integrate the TagMaster products as a member of their product range for access control systems. A program for documentation and training of sales- and technical staff will be extensively implemented within the SECURITAS division for access control systems.
tagmaster.gif”The cooperation between TagMaster and SECURITAS Systems in Sweden has been intensive and successful during 2004 resulting in an exceptional growth in sales on the Swedish market. With the new global OEM agreement our cooperation will be extended to new markets and we have good reasons to anticipate that the Swedish example will be repeated in a number of countries during the years to come.” – says Magnus Rehn, President of TagMaster AB.“The new global OEM agreement will initially strengthen the position for SECURITAS access control systems on established markets but could also be the vehicle to bring advanced RFID solutions into new markets and application areas.” – says Rolf Norberg, Technical director of SECURITAS

About Securitas AB

securitas.gifSecuritas is a World leader in security providing security solutions comprising guarding services, alarm systems and cash handling services. Securitas has more than 200 000 employees in more than 20 countries in Europe and USA. Securitas Systems division is established in 13 countries and has around 4300 employees. Information about Securitas can be found at www.securitasgroup.com

About TagMaster

TagMaster was founded in 1994 and is today located in Stockholm, Sweden. TagMaster designs and markets advanced, high performance long-range radio frequency identification (RFID) products and information services associated with automatic identification. TagMaster’s areas of applications include vehicle access control, rail bound transportation and supply chain management. The company operates in all parts of the world through a global network of partners, system integrators and distributors. Stockholm Fondkommission trades TagMaster shares in Sweden.
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