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Subject: Head office--R&D Corporate support financing--looks after after two operational arms which are


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1)the supply of AFC systems, 2) once AFC system put in place, the outsourcedinfrastructure and cards side of it and or long term maintenence of it.
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Date Posted: Tuesday, March 18, 08:40:40am
In reply to: The company is split up into 3 segments. 's message, "1)Supply and installation products.2) Infrastructure/cardsbusiness.3) R&D" on Thursday, January 23, 03:12:40am

Infrastructure part of ERG's cards business, what is it made up of? The infrastructure segment of the business also includes the Group’sAnnual Review 2002. -- joint ventures and alliances which leverage off the smart card base created by the transit project and long-term recurring revenue contracts in Proton World., 00:17:10 03/01/03 Sat
Infrastructure/cardsbusiness.---The infrastructure segment of the business represents the source of long-term recurring revenue for the Group,derived primarily from the outsourced operation and maintenance of AFC and multiapplication -- smart card systems once installed.Revenue from these sources increased significantly to$140.0 million, up from $51.3 million in the previous year, an increase of 173 per cent.--2002 Annual Review, 00:34:57 03/01/03 Sat
Business Segments 1) Supply, instailation and Projects 2)fnfmsfructure and Cards Business 3)Research and Davelopmant Corporate Support and Financing -- This segment of the business provides the technology, financing and administrative support to the two operationat segments, 08:24:57 03/18/03 Tue
Head office--R&D Corporate support financing--looks after after two operational arms which are -- 1)the supply of AFC systems, 2) once AFC system put place, in the outsourced infrastructure and cards side of it and or long term maintenence of it., 08:34:47 03/18/03 Tue

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