Bluehill ID AG
BLUEHILL ID EXPANDS ITS MULTICARD BRAND INTO AUSTRALIA, FASTCARDS PTY LTD ANNOUNCES NAME CHANGE TO MULTICARD
Bluehill ID AG / Strategic Company Decision Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- BLUEHILL ID EXPANDS ITS MULTICARD BRAND INTO AUSTRALIA, FASTCARDS PTY LTD ANNOUNCES NAME CHANGE TO MULTICARD St. Gallen & Brisbane, 24 Aug 2009 - Bluehill ID today announces the global expansion of its signature Multicard brand into the Asia-Pacific region. After Bluehill ID's recent announcement of the acquisition of Fastcards Pty Ltd, the Australian entity today announced that it will adopt the trading name of Multicard, aligning with sister companies Multicard in Switzerland and Germany. Multicard Australia (www.multicard.com.au) is an identity and accreditation company deploying hardware and software solutions. It is an official issuing body of the Maritime Security ID Card of Australia and a provider of ID and RFID solutions to event organizers, government, mining and the industrial sector throughout Australia. Multicard Australia offers a unique patented web based credential management solution deployed in conjunction with RFID tagged credentials at events such as the World Youth Day 2008 in Sydney. 'We are extremely pleased that Fastcards is joining the Multicard family as we see strong demand for their capabilities on an international scale. The combined Multicard will offer even more services and expertise in ID management, especially in software and contactless card applications while also achieving greater operational synergies,' stated John Rogers, Executive Vice President of Transition Management & Acquisition Integration at Bluehill ID. Scott Austin, Founder and President of Multicard Australia commented, 'Multicard has developed an excellent track record over the last 20 years. Being part of the Group will strengthen our ability to deliver our customers world class solutions and be very responsive to market needs in the Asia-Pacific region.' About Multicard Multicard (www.multicard.com) is a worldwide supplier of card solutions for secure identification programs with in-house capabilities for c redential issuance, personalization and fulfillment services for the consumer, government and corporate customers. Multicard offers ID systems management and engineering services as well as full implementation and program management. Multicard is also a provider of enrollment and accreditation solutions using data capture equipment for ePassport and other government ID and corporate ID applications. About Bluehill ID AG Bluehill ID AG (www.bluehill-id.com) is an international operating company with headquarters in Switzerland and listed on the Frankfurt Stock Exchange (ISIN CH0031958629; Symbol BUQ). Bluehill ID is dedicated to the responsible use and development of RFID and other automatic identification technologies. These technologies are used in the fields of security, identification, tracking and further growing applications. The business model of the company is based on combining disciplined acquisitive growth with sustainable organic growth from its Group of companies. Contact Scott Austin Multicard Australia (formerly Fastcards) Tel: +61 73 01 36 294 Email: scott@fastcards.com.au Fabien Nestmann Bluehill ID AG Tel: +44 783 80 43 Email: fbn@bluehill-id.com 24.08.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Bluehill ID AG Dufourstr. 121 CH-9001 St. Gallen Schweiz Phone: +41 44 783 8043 Fax: +41 44 783 8040 E-mail: contact@bluehill-id.com Internet: www.bluehill-id.com ISIN: CH0031958629, CH0038439490 WKN: A0MUR7 Listed: Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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