ASK and IDECO to Create a Joint Venture in South Africa
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Newly founded ASK-IDECO will address the market of southern Africa
Sophia-Antipolis March 1st, 2011: Today ASK and IDECO are proud to announce that they have entered into an agreement for the creation of a joint venture company based in South Africa.
ASK, a world leader in contactless technology, and IDECO, a specialist in identity management solutions using biometric and smart card technologies, bring their experience and expertise together to create a major player in contactless technology and applications in the southern countries of Africa and particularly in South Africa.
"IDECO is a Systems Integrator which is highly involved in secure documents and biometric solutions in southern Africa, while ASK is a leading player in contactless technology for transport and identity, says Mr. Bruno Moreau, ASK C.E.O. "This deal makes sound business sense for both parties and is driven both by the need to offer proximity services to our current and future clients and to offer them personalization solutions."
The ASK and IDECO relationship has already been successful in landing the Gautrain ticketing project which was launched during 2010 FIFA World Cup.
"IDECO is a major player in biometric access control for strategic businesses in the country's economy" says Mr. Vhonani Mufamadi, IDECO C.E.O. "the ASK-IDECO joint venture will benefit from ASK's manufacturing know-how in products dedicated to transport and identity and from IDECO's local market knowledge."
ASK-IDECO will address the transportation, access control and secure documents' sectors to offer end to end solutions to clients, from the database management, to the hardware and software components of a contactless ticketing system including contactless smart cards and tickets.
About ASK
ASK, with over 190 million contactless products in circulation in more than 50 countries, is a worldwide leading provider of a full range of contactless products including smart cards, smart tickets, smart adhesive labels, readers, inlays for electronic passports or contactless smart cards and eDocuments. ASK is ISO9001 certified and holds a portfolio of 56 patents to date. ASK is a France-headquartered company with worldwide customers, and subsidiaries in China, India, Mexico, Brazil and the US.
About IDECO
IDECO Technologies is a wholly-owned subsidiary of a South African BEE company, IDECO Group Limited listed on the JSE. With a staff complement of one hundred, which includes highly skilled software and hardware engineers and project managers, the Group has extensive experience in handling large-scale projects such as the Back Record Conversion for the Department of Home Affairs, the Namibian Driving License Card bureau service and the outsourced Electronic Criminal Record Clearance Service on behalf of the South African Police Service. Ideco Technologies specializes in identity management solutions using biometric and smart card technologies.
Contacts:
ASK
Claire Boyer
Tel.: +33 (0)4.97.21.48.56
Cell: +33 (0)6.72.14.01.46
fxclaire.boyer@ask.fr
www.ask-rfid.com
IDECO
Stan Khan
Tel.: + 27 11 745 5600
Cell: +27 82 902 9143
fxstan@ideco.co.za
www.ideco.co.za
