ICL, a global IT services company and a world leader in smart card systems, has entered into a distribution agreement with Absec, the cashless payment and control systems company based in Northern Ireland. The agreement will introduce ICL’s SmartCity multi-application smart card system to the Irish and Scottish markets.
Under the agreement, the two companies will focus on selling ICL’s smart card system to universities, corporate campuses and other “closed environment” markets in Northern Ireland, the Republic of Ireland and Scotland. Absec will be the first company in the UK and Ireland to distribute SmartCity within these markets.
As well as adapting their range of products (such as photocopier and vending machine readers) to accept SmartCity’s electronic purse application, Absec will be developing other applications suitable to closed environments, such as time and attendance monitoring through smart cards. Phil Eames, director of ICL’s Smart Card Group said, “This is a natural partnership because of Absec’s in-depth knowledge in these markets and ICL’s expertise in smart card systems. ICL currently operates a similar third-party distribution model in the US, where SmartCity has been implemented in more than 20 sites, including the University of Arizona and Florida State University. The market for closed smart card schemes which incorporates academic campuses is predicted to rise by as much as 300% to 3,500 sites by 2002.”
“This agreement will unite the best aspects of both products, bringing a unified system to the education and corporate markets that is unrivalled in terms of its functionality and security. SmartCity will be integrated with our own ChipNet smart card system to increase its flexibility,” said Absec’s managing director, Colin Foster. “With Ireland currently one of the fastest growing smart card markets in Europe, the timing is very opportune.”
SmartCity is ICL’s end-to-end multi-application smart card system. A multi-application system is one that supports electronic purse, credit and debit cards, loyalty cards, identity cards and many other applications. Recognized as the world’s most advanced smart card system, SmartCity has been installed in over 70 sites worldwide with 1.5 million cards in use every day. These sites include Fort Knox (US), Siam Commercial Bank (Thailand), LukOil (Russia), SouthPark Mall (US).
ICL’s Smart Card Group in the US is based in Middletown, Ct. For more information on SmartCity, visit [www.icl.com/smartcards].
Absec is an internationally renowned provider of both card operated cashless payment systems and cost recovery and expense management solutions. Absec designs, manufactures and distributes cashless payment and control systems. All Absec products which interface to photocopiers, fax machines, computers, network and stand alone printers, vending machines and point of sale terminals are developed and manufactured at the company’s head office in Bangor, Northern Ireland. Absec Worldwide has distributors and dealers in over 40 countries across the globe.
Absec’s website: [www.absec.com] About ICL ICL is a global IT services company. It designs, builds and operates information systems and services for customers in the retail, finance, government, telecommunications, utilities and travel markets. The company has operations in over 40 countries and employs over 22,500 people.
Transformed from a manufacturer of computers, today ICL improves business performance and competitiveness through services focused on electronic business, enterprise applications and the implementation and outsourcing of IT infrastructure.
For the 12 months to March 31, 1999, the company’s revenues were $4,458.4* billion (£2.735 billion) which generated a profit before tax and exceptional charges of $105.1* million (£64.5 million). Headquartered in London, ICL is a wholly owned subsidiary of Fujitsu and plans to float on the London Stock Exchange in 2000.