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  Paragon ID company press release from 09/10/2018

  09/10/2018 - 07:30

Paragon ID becomes NXP MIFARE Premium Partner


  • One of only five companies in the world to hold this prestigious and highly exclusive partner category - a true testament to the company's leading position in the Transport and Smart Cities market

 

Paragon ID (Euronext Paris - FR0011980077 - PID), the leading provider of identification solutions for Transport, e-ID, Traceability and Brand Protection is pleased to announce that it has been chosen by NXP Semiconductors as a MIFARE Premium Partner, an outstanding recognition of the company's leading position in ticketing solutions for the Transport and Smart Cities sector which represents 65% of the company's revenues.

Paragon ID has been committed to bring innovative solutions to worldwide cities over the years with, first, the introduction of magnetic tickets in the 70s, followed by the manufacturing of the first contactless tickets in 2007. The reverse takeover of ASK in 2017 has allowed the company to extend its expertise and offering to smartcards and mobile ticketing confirming its unique position in the mass transit market.

The company continues to be at the forefront of RFID based solutions partnering with NXP on hundreds of projects involving MIFARE ICs in cities across all regions including; City of London, San Francisco, Chicago, Montreal, Sydney, Singapore, Oslo, Torino, Seville, Geneva and Riga.

Developed by NXP Semiconductors, MIFARE® technology has revolutionized the field of contactless access control. Based on a high frequency, it allows a high data transfer rate and a short read distance, permitting the integration of many features, such as data encryption. This technology enables data to be embedded in contactless solutions, both for reading and writing.

NXP selects their premium partners based on their contribution to the MIFARE® ecosystem, their international presence and their dedication to further adopt intelligent and NFC solutions. Paragon ID is proud to support NXP and help them establish the forward-thinking mobility systems that form the backbone of smart city infrastructures.

Paragon ID's large product portfolio and complementing solutions, coupled with their relationship with NXP open up opportunities to work on new projects for Rfid and NFC applications across various sectors such as , automotive, logistics, gaming, governments, pharmaceuticals, and retail.

 

Commenting on Paragon ID's selection as a MIFARE Premium Partner, Christian Lackner, Business Segment Director for Smart Cities at NXP Semiconductors, said:
“We could not be happier. Paragon ID has been on board since almost the very beginning and has delivered millions of MIFARE product-based cards and tickets across the globe. We look forward to working with them even more closely as MIFARE Premium Partners.”

 

Bertrand Brault, Business Development Director at Paragon ID, said:
“We are delighted to have been chosen as one of the few MIFARE Premium Partners. This is a testament to our work as we've been developing contactless solutions based on MIFARE over the past 20 years, and we credit much of our success in this area to the quality of support we've received from the NXP MIFARE team. We are keen to deepen our already well-established relationship and work even more closely on new MIFARE products and implementations in smart cities but also new sectors such as loyalty and hospitality.”

 


About Paragon ID
Paragon ID is a leader in identification solutions, in particular in the e-ID, Transport & Smart Cities and Traceability & Brand Protection sectors.
Using the latest technologies such as RFID and NFC, Paragon ID provides smart cards, tickets, labels and tags to worldwide clients in diverse markets including public transport, manufacturing, logistics, gaming and retail.
Paragon ID employs more than 600 staff, with manufacturing sites in three continents (US, Europe and Asia), close to its customers.
Paragon ID is a part of Paragon Group, which is a leading provider of Identification and Customer Communications services, and has a total of more than €650 million turnover and close to 5,000 employees. Paragon Group combines generations of experience with the latest innovations in technology and smart data to enable responsive and meaningful interactions between organisations and their customers. For further information about Paragon Group, visit www.paragon-europe.com
Paragon ID is listed on Euronext Paris. Share identification: Paragon ID – ISIN Code: FR0011980077 – Mnemonic code: PID.
More information at Paragon-id.com.

Contacts

Paragon ID
CEO

John Rogers
Tel.: +41 79 629 46 74
john.rogers@Paragon-ID.com
ACTUS finance & communication
Investors Relations

Mathieu Omnes
Tel. : +33 (0)1 53 67 36 92
momnes@actus.fr
ACTUS finance & communication
Press Relations

Jean-Michel Marmillon
Tel. : +33 (0)1 53 67 36 73
jmmarmillon@actus.fr