Frost & Sullivan Lauds SMARTRAC N.V. for its Competitive Strategy Leadership in European RFID Market
DGAP-News: SMARTRAC N.V. / Schlagwort(e): Sonstiges
Frost & Sullivan Lauds SMARTRAC N.V. for its Competitive Strategy
Leadership in European RFID Market
26.04.2012 / 09:00
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Frost & Sullivan Lauds SMARTRAC N.V. for its Competitive Strategy
Leadership in European RFID Market
Unique Strategic Focus Embracing Advances in Technology, Geography,
Applications and Product Lines has Underpinned SMARTRAC N.V.'s Competitive
Success
Amsterdam, April 26, 2012 - SMARTRAC N.V., the leading developer,
manufacturer and supplier of RFID transponders and inlays, today announced
that it is recognized by Frost & Sullivan with the 2012 European Frost &
Sullivan Competitive Strategy Leadership Award.
'The company has showcased steady advancement in its market position
through consistent organic growth and acquisitions,' notes Frost & Sullivan
Research Analyst Ram Ravi. 'With rich industry experience of more than a
decade, SMARTRAC lays great emphasis on offering value to all its
stakeholders: customers, partners, shareholders, employees and end-users.'
The company's advances in technology, geography, applications and product
lines have consistently anticipated and addressed evolving customer needs.
This has been reinforced by strategic partnerships that have enhanced
SMARTRAC's market position and brand equity.
SMARTRAC's entire solution range of high performance, high quality RFID
transponders are an outcome of technological expertise and innovation. They
cater to varied industry segments such as automotive, access control,
animal identification, eID documents, E-payment, media management, public
transport, and retail apparel across the US, Europe and Asia.
'In 2011, SMARTRAC expanded its R&D workforce across geographies,' remarks
Ravi. 'Utilizing this strategy as a key tool to gain a competitive edge, it
successfully augmented its market position by establishing R&D competence
centers and prototyping facilities.'
The company's strategic acquisitions have also been central to its
competitive success. They have ensured maximum value in terms of superior
technology, better R&D, new products, applications and the establishment of
a global footprint.
In 2011, SMARTRAC N.V. acquired the German RFID component supplier KSW
Microtec AG, and also became a major stakeholder of American RFID
transponder supplier Neology, Inc.
Another notable acquisition was that of UPM's RFID business. This allowed
SMARTRAC to enhance its portfolio of inlays and tags across various
operational frequencies and positions while enabling it to leverage growth
opportunities in the apparel and retail sector. The transaction also
augmented its access to customers across the world and access to the NFC
market and proprietary NFC-related information.
'Such key acquisitions have helped SMARTRAC reach high levels of technology
competence, strategic focus, reliability and innovation,' adds Ravi. 'They
have, moreover, enhanced the brand perception of SMARTRAC in the industry.'
SMARTRAC lays great emphasis on its unique selling point - technology and
process competence. A constantly expanding patent portfolio showcases its
dedication to R&D. It files a new patent every month on an average and
currently holds more than 370 patents and patent applications related to
technology, equipment, and the production of RFID components and related
processes.
'The company is committed to addressing customer requirements in the RFID
market through high quality, customized offerings,' concludes Ravi.
'SMARTRAC has been delivering the best value for money to its customers. A
positive brand recognition and supreme customer trust, illustrated through
enhanced value creation, has helped it optimize customer value and
satisfaction.'
The Competitive Strategy Leadership Award is awarded to the company that
has excelled in leveraging competitive intelligence and in executing a
competitive strategy. The company is also commended for its competitive
brand positioning (brand strength and unique market position) and for the
impact its strategies have had on customer satisfaction/value.
Frost & Sullivan Best Practices awards recognise companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research to identify best
practices in the industry.
About SMARTRAC:
SMARTRAC is the leading developer, manufacturer, and supplier of RFID and
NFC transponders and inlays. The company produces ready-made and customized
transponders and inlays used in access control, animal identification,
automated fare collection, border control, RFID-based car immobilizers,
electronic product identification, industry, libraries and media
management, laundry, logistics, mobile & smart media, public transport,
retail, and many more.
SMARTRAC was founded in 2000, went public in July 2006, and trades as a
stock corporation under Dutch law with its registered headquarters in
Amsterdam. The company currently employs about 3,600 employees and
maintains a global research and development, production, and sales network.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO
and the CEO's Growth Team with disciplined research and best-practice
models to drive the generation, evaluation, and implementation of powerful
growth strategies. Frost & Sullivan leverages 50 years of experience in
partnering with Global 1000 companies, emerging businesses and the
investment community from more than 40 offices on six continents. To join
our Growth Partnership, please visit http://www.frost.com
If you have any questions, please contact:
SMARTRAC
Tanja Moehler
Head of Corporate Communications & Marketing
SMARTRAC N.V.
Phone: +31 20 30 50 157
Email: tanja.moehler@smartrac-group.com
Internet: www.smartrac-group.com
Twitter: www.twitter.com/SMARTRAC_NV
Frost & Sullivan:
Catherine Brassell
Best Practices
Frost & Sullivan
E: catherine.brassell@frost.com
T: +44 207 915 7867
Forward-looking statements:
To the extent that this press release contains forward-looking statements,
such statements are based on assumptions, planning and forecasts at the
time of publication of this press release. Forward-looking statements
always involve uncertainties. Business and economic risks and developments,
the conduct of competitors, political decisions and other factors may cause
the actual results to be materially different from the assumptions,
planning and forecasts at the time of publication of this press release.
Therefore, SMARTRAC N.V. does not assume any responsibility relating to
forward-looking statements contained in this press release. Furthermore,
SMARTRAC N.V. does not assume any obligation to update the forward-looking
statements contained in this press release.
Ende der Corporate News
---------------------------------------------------------------------
26.04.2012 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch die DGAP - ein Unternehmen der EquityStory AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber
verantwortlich.
Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap-medientreff.de und
http://www.dgap.de
---------------------------------------------------------------------
Sprache: Deutsch
Unternehmen: SMARTRAC N.V.
Strawinskylaan 851
1077 XX Amsterdam
Niederlande
Telefon: +31 20 30 50 157
Fax: +31 20 30 50 155
E-Mail: investor.relations@smartrac-group.com
Internet: www.smartrac-group.com
ISIN: NL0000186633
WKN: A0JEHN
Börsen: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
Ende der Mitteilung DGAP News-Service
---------------------------------------------------------------------
166699 26.04.2012
DGAP-News: SMARTRAC N.V. / Schlagwort(e): Sonstiges
Frost & Sullivan Lauds SMARTRAC N.V. for its Competitive Strategy
Leadership in European RFID Market
26.04.2012 / 09:00
---------------------------------------------------------------------
Frost & Sullivan Lauds SMARTRAC N.V. for its Competitive Strategy
Leadership in European RFID Market
Unique Strategic Focus Embracing Advances in Technology, Geography,
Applications and Product Lines has Underpinned SMARTRAC N.V.'s Competitive
Success
Amsterdam, April 26, 2012 - SMARTRAC N.V., the leading developer,
manufacturer and supplier of RFID transponders and inlays, today announced
that it is recognized by Frost & Sullivan with the 2012 European Frost &
Sullivan Competitive Strategy Leadership Award.
'The company has showcased steady advancement in its market position
through consistent organic growth and acquisitions,' notes Frost & Sullivan
Research Analyst Ram Ravi. 'With rich industry experience of more than a
decade, SMARTRAC lays great emphasis on offering value to all its
stakeholders: customers, partners, shareholders, employees and end-users.'
The company's advances in technology, geography, applications and product
lines have consistently anticipated and addressed evolving customer needs.
This has been reinforced by strategic partnerships that have enhanced
SMARTRAC's market position and brand equity.
SMARTRAC's entire solution range of high performance, high quality RFID
transponders are an outcome of technological expertise and innovation. They
cater to varied industry segments such as automotive, access control,
animal identification, eID documents, E-payment, media management, public
transport, and retail apparel across the US, Europe and Asia.
'In 2011, SMARTRAC expanded its R&D workforce across geographies,' remarks
Ravi. 'Utilizing this strategy as a key tool to gain a competitive edge, it
successfully augmented its market position by establishing R&D competence
centers and prototyping facilities.'
The company's strategic acquisitions have also been central to its
competitive success. They have ensured maximum value in terms of superior
technology, better R&D, new products, applications and the establishment of
a global footprint.
In 2011, SMARTRAC N.V. acquired the German RFID component supplier KSW
Microtec AG, and also became a major stakeholder of American RFID
transponder supplier Neology, Inc.
Another notable acquisition was that of UPM's RFID business. This allowed
SMARTRAC to enhance its portfolio of inlays and tags across various
operational frequencies and positions while enabling it to leverage growth
opportunities in the apparel and retail sector. The transaction also
augmented its access to customers across the world and access to the NFC
market and proprietary NFC-related information.
'Such key acquisitions have helped SMARTRAC reach high levels of technology
competence, strategic focus, reliability and innovation,' adds Ravi. 'They
have, moreover, enhanced the brand perception of SMARTRAC in the industry.'
SMARTRAC lays great emphasis on its unique selling point - technology and
process competence. A constantly expanding patent portfolio showcases its
dedication to R&D. It files a new patent every month on an average and
currently holds more than 370 patents and patent applications related to
technology, equipment, and the production of RFID components and related
processes.
'The company is committed to addressing customer requirements in the RFID
market through high quality, customized offerings,' concludes Ravi.
'SMARTRAC has been delivering the best value for money to its customers. A
positive brand recognition and supreme customer trust, illustrated through
enhanced value creation, has helped it optimize customer value and
satisfaction.'
The Competitive Strategy Leadership Award is awarded to the company that
has excelled in leveraging competitive intelligence and in executing a
competitive strategy. The company is also commended for its competitive
brand positioning (brand strength and unique market position) and for the
impact its strategies have had on customer satisfaction/value.
Frost & Sullivan Best Practices awards recognise companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research to identify best
practices in the industry.
About SMARTRAC:
SMARTRAC is the leading developer, manufacturer, and supplier of RFID and
NFC transponders and inlays. The company produces ready-made and customized
transponders and inlays used in access control, animal identification,
automated fare collection, border control, RFID-based car immobilizers,
electronic product identification, industry, libraries and media
management, laundry, logistics, mobile & smart media, public transport,
retail, and many more.
SMARTRAC was founded in 2000, went public in July 2006, and trades as a
stock corporation under Dutch law with its registered headquarters in
Amsterdam. The company currently employs about 3,600 employees and
maintains a global research and development, production, and sales network.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO
and the CEO's Growth Team with disciplined research and best-practice
models to drive the generation, evaluation, and implementation of powerful
growth strategies. Frost & Sullivan leverages 50 years of experience in
partnering with Global 1000 companies, emerging businesses and the
investment community from more than 40 offices on six continents. To join
our Growth Partnership, please visit http://www.frost.com
If you have any questions, please contact:
SMARTRAC
Tanja Moehler
Head of Corporate Communications & Marketing
SMARTRAC N.V.
Phone: +31 20 30 50 157
Email: tanja.moehler@smartrac-group.com
Internet: www.smartrac-group.com
Twitter: www.twitter.com/SMARTRAC_NV
Frost & Sullivan:
Catherine Brassell
Best Practices
Frost & Sullivan
E: catherine.brassell@frost.com
T: +44 207 915 7867
Forward-looking statements:
To the extent that this press release contains forward-looking statements,
such statements are based on assumptions, planning and forecasts at the
time of publication of this press release. Forward-looking statements
always involve uncertainties. Business and economic risks and developments,
the conduct of competitors, political decisions and other factors may cause
the actual results to be materially different from the assumptions,
planning and forecasts at the time of publication of this press release.
Therefore, SMARTRAC N.V. does not assume any responsibility relating to
forward-looking statements contained in this press release. Furthermore,
SMARTRAC N.V. does not assume any obligation to update the forward-looking
statements contained in this press release.
Ende der Corporate News
---------------------------------------------------------------------
26.04.2012 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch die DGAP - ein Unternehmen der EquityStory AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber
verantwortlich.
Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap-medientreff.de und
http://www.dgap.de
---------------------------------------------------------------------
Sprache: Deutsch
Unternehmen: SMARTRAC N.V.
Strawinskylaan 851
1077 XX Amsterdam
Niederlande
Telefon: +31 20 30 50 157
Fax: +31 20 30 50 155
E-Mail: investor.relations@smartrac-group.com
Internet: www.smartrac-group.com
ISIN: NL0000186633
WKN: A0JEHN
Börsen: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
Ende der Mitteilung DGAP News-Service
---------------------------------------------------------------------
166699 26.04.2012