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| Subject: Re: Triumphant Launch for period 30/6/2002--to 31/12/2002 reported on around March11ratified 28/11 | |
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Author: anonymous |
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Date Posted: 19:08:45 11/08/02 Fri In reply to: anonymous 's message, "Triumphant Launch contriolled Ecard/(Quicklink privately owned).Singapore ERG Motorola alliance" on 19:02:16 11/08/02 Fri Triumphant Launch is now a 100% fully owned entity---up untill now if you look at the accounts it hasn't made all that much of a contribution to the Group---it has the licenses for a number of countries within the Asian Continent---Singapore has come on stream and is now processing 1 million transactions per day,(end 2002--estimate 4 million) growth in The Asian Region is strong for smartcards---not just in transit---in the other applications such as banking (Malaysia is converting all of it's atm machines for instance) banking---ID cards etc. The full revenues of Triumphaunt Launch will be reflected in the March accounts---for period 30/6/2002--to 31/12/2002---reported on or around March 11th 2003 (half yearly) the above will be legally ratified on the 28/11/2002. (subject ofcourse to the major shareholders saying yes) ----------------------------------------------------------- http://www.dialelectronics.com.au/articles/e6/0c00d3e6.asp ------------------------------------------------------------ ERG rolls out in Singapore Australian Electronics Engineering ------------------------------------------------------------ The Australian-based ERG Group has announced a successful rollout of its integrated smart card ticketing system on Singapore’s public transport network. ------------------------------------------------------------ The smart card ticketing system commenced public operations on 13 April 2002, following a successful three-month trial, and is already processing more than 1 million transactions a day (compared with 25,000 a day during the trial period). The system has been enthusiastically adopted by Singaporeans, with around 30,000 new cards being issued daily. It is expected that the system will process around 4 million transactions each day by end of 2002. ------------------------------------------------------------ Singapore’s Land Transport Authority of Singapore (LTA) has awarded ERG a three-year maintenance contract worth S$15 million (A$16 million) to support the new system. ------------------------------------------------------------ 7 May 2002 [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: Triumphant Launch no material effect March 11-2002. | anonymous | 19:15:35 11/08/02 Fri |
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