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Saturday, April 25, 12:07:58pmLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1[2]345678910 ]
Subject: Brussels, 9 November 1998 Proton World


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The Octopus system was developed for Creative Star Ltd., a joint venture between ERG andthe major public transport operators in Hong Kong.
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Date Posted: Thursday, April 03, 03:00:24pm
In reply to: Cards Asia 200323-25 April Cindy Cheng, Director of Sales and Marketing, Octopus Cards Ltd, Hong Kong 's message, "" on Thursday, February 13, 03:45:06am

PRESS RELEASE
PROTON WORLD SHAREHOLDER ERG WINS SESAMES BEST
APPLICATION AWARD
INTERNATIONAL JURY RECOGNISES ACHIEVEMENT IN HONG KONG
Brussels, 9 November 1998 Proton World are delighted to announce that their shareholder
ERG, the mass-transit ticketing systems specialist based in Perth, Australia, has been awarded
the prestigious SESAMES Best Application Award at the Cartes 98 show in Paris, for its
Octopus system in Hong Kong.
ERG were chosen by the international jury from among the three finalists, who in turn had been
selected from 51 nominees representing 14 countries.
The Octopus system in Hong Kong is a contactless smart card system used for public transport
fare payments, and is the most advanced automated fare collection system in the world, with
over four-and-a-half million cards issued, and a network of ten thousand terminals processing
four million transactions a day.
The Octopus system was developed for Creative Star Ltd., a joint venture between ERG and
the major public transport operators in Hong Kong.
The system’s sophisticated software allows
a daily reconciliation of fares collected and revenue apportionment between the various
operators.
The Octopus system has been recently extended to cover public telephones and retail outlets.
ERG has made a global smart card alliance with Motorola in order to market the Octopus
system to other major cities.
ERG’s success at Cartes 98 follows on from its receipt of the Information Industries Export
Award
at the 1998 Western Australia Industry and Export Awards in October.
Mr Peter Fogarty, the Chief Executive of ERG, commented “ This is the most prestigious award
made in the smart card industry globally. We are delighted to have received international
acknowledgement for the application of our technology. The Award is recognition of our ability
to develop world-leading technology and of the foresight of our customer, Creative Star Ltd in
Hong Kong, in embracing contactless technology.”
The SESAMES Best Application Award was won by Banksys in 1996 for the Proton technology.
Banksys and ERG, together with American Express, Interpay and Visa, were founding
shareholders in Proton World, which was created in June 1998 to develop, commercialise and
support Proton-based smart card schemes world-wide, and to develop common international
standards for electronic purses, and multi-application smart card systems.
ERG and Proton World are currently working together to develop combined contact/contactless
technologies for use on the same multi-application smart cards.
ENDS
Note for editors

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Replies:
Subject Author Date
ERG owns the technology that is licenced to Creative Star for use exclusively and only in Hong KongCreative Star is now known as Octopus Brussels, 9 November 1998 Proton state that Creative Star and ERG are joint venture partners, in Toronto both ERG and Creative Star are working together on the MTE's phase1.OctopusCards formed consortium Accenture, Thales & MTRC who are bidding with Cubic for the Netherlands whole of country contract.Proton has been adopted by Dutch banks universal Smartcard platform.Saturday, April 05, 01:21:06pm


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