RNS Number : 3761X
RCG Holdings Limited
13 August 2009
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Press Release
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13 August 2009
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RCG Holdings Limited
('RCG' or 'the Company')
RCG deploys RFID system with MTR
First application of RCG's RFID document management system in the rail sector
RCG Holdings Limited (AIM:RCG, HKSE:802), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that it delivered its RFID Document Management System to MTR Corporation Limited ('MTR') (HKSE:066), the sole railway service provider in Hong Kong which is also involved in the building and operation of railways in the PRC and internationally, with implementation started at forty major MTR locations across Hong Kong.
This announcement is a result of an original project contract signed between RCG and MTR in December 2008. RCG is providing an integrated property management operations monitoring system ('IPMS') for MTR. The system is based on RCG's RFID Document Management System for the monitoring of busy document transaction activities. RCG's RFID system allows the tagging and tracking of important documents such as reports and proposals, which require multiple reviews and authorisation for actions.
The document management process commences when the person who generates the document issues a folder with a RFID tag attached to each document. The RFID tagging system enables document identification, information management, web-based status review, and personnel supervision, and issues an email notification if a document is overdue. The system is integrated into MTR's daily operation of the property management and is aimed at reducing errors and delay from overdue documents or misplaced reports. RCG's technology also increases operational efficiency through better monitoring of document flow.
Commenting on the project win, Dato' Lee Boon Han, Deputy CEO of RCG Holdings Limited, said: 'We are pleased to be the frontrunner in the RFID field and to provide innovative RFID solutions to fulfill industry needs. The fact that RCG's RFID solutions are accepted by an organisation as prominent as MTR, and their use, across their Hong Kong sites, is evidence of the RFID industry's acknowledgement of our market strength.'
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For further information:
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RCG Holdings Limited
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Anita Chau, Deputy Chairman and COO
Dr. Sri Hartati Kurniawan, Chief Technology Officer
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Tel: +852 3669 6999
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ir@rcg.tv
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www.rcg.tv
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Media enquiries:
About RCG
RCG Holdings Limited, a leading global provider of integrated biometrics and RFID security solutions, is publicly quoted and its shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited and admitted to trading on AIM of LSE and PLUS. The Group has an aggressive growth strategy with a clear focus on developing new applications and revenue streams for global roll-out, particularly in the security applications industry.
About MTR
MTR Corporation Limited is the sole railway service provider in Hong Kong. Established in 1975 and currently listed on the Main Board of the Stock Exchange of Hong Kong, the business has expanded into residential and commercial projects, property leasing, advertising, telecommunication services and international consultancy services. It is involved in the building of the Beijing Metro Line 4 and Shenzhen Metro Line 4 as well as operating the London Overground system. In addition MTR has provided consultancy to cities across Asia, Australia, the Middle East and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
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