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  • ACS's eH880 Secure Smart Card Terminal is awarded 2009 Hong Kong Awards for Industries

    HONG KONG, 25 Jan 2010- Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, today announces that its eH880 eHealth Smart Card Terminal has been awarded the "2009 Hong Kong Awards for Industries: Machinery and Machine Tools Design Certificate of Merit". The Hong Kong Awards for Industries (HKAI), championed by the Hong Kong Government, evaluates and rewards annually the outstanding achievements of Hong Kong enterprises in their technology advancement and value-added endeavors. ACS joined the competition for the Machinery and Machine Tools Design division, and was honored by the Certificate of Merit for its eH880 terminal which was designed for use in electronic health card systems. To select the winner, the Judging Panel, comprised of professionals and experts in relevant areas of the industry, evaluated the entries based on the following criteria: Innovation Application of technology Functionality Ergonomics Cost-performance Marketing Safety Environmental impact   The eH880 was considered outstanding by the Judging Panel in all the above mentioned criteria. In addition, the Panel made a noteworthy mention of the eH880 being a secure smart card terminal dedicated to the eHealth market. The device is capable of facilitating secure mutual authentication, displaying detailed and multiple-layered information, and facilitates transactions through both private and public network infrastructures. Moreover, the product is ergonomically designed and capable of supporting additional features such as WiFi access and biometric fingerprint sensor. The HKAI Award Presentation Ceremony was held at the Hong Kong Convention and Exhibition Center on January 18, 2010. Mr. Denny Wong, Chairman & CEO of ACS (picture on the left) was present to receive the award on behalf of the company. "This distinguishing certificate recognizes our achievement in our endeavors to make eH880 an excellent and reliable eHealth smart card terminal. I am thankful to the Hong Kong Government for conferring such awards to encourage Hong Kong enterprises to strive for excellence in products and services. I also highly appreciate the efforts of our engineering team for designing such a marvelous device," expressed Denny. "This award marks a good beginning of ACS in 2010. I hope that with the eH880, ACS can make a contribution to the world in its increasing trend to digitize health information in order to provide better care to patients and at lower costs!"   About ACSAdvanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide.Visit ACS at http://www.acs.com.hk/. About Hong Kong Awards for IndustriesThe Hong Kong Awards for Industries (HKAI) was officially launched in 2005, upon the merging between the former Hong Kong Awards for Industry and the Hong Kong Awards for Services, established in 1989 and 1997, respectively, to rationalize and update the scope of the awards. Covering seven categories, the HKAI continues to recognize outstanding achievements of Hong Kong enterprises in their move towards higher technology and higher value-added activities. Learn more about HKAI at at http://www.hkindustryaward.org/.

    https://www.acs.com.hk/en/awards-recognition/304/acss-eh880-secure-smart-card-terminal-is-awarded-2009-hong-kong-awards-for-industries/
  • ACS participates in The Second Cross Strait Railway Conference 2010

    HONG KONG, 2 Feb, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, participated in The Second Cross Strait Railway Conference held on January 15-16, 2010, at the Macau Fisherman’s Wharf, Macau. ACS Engineering Manager, Mr. Eric Lee (picture on the left), represented the company by giving a brief lecture on smart card readers and terminals for the Automatic Fare Collection (AFC). Eric began the discussion with a background on the AFC system, introducing its building blocks and relevant hardware. He also emphasized the advantages of integrating the AFC system with the smart card technology offered by ACS, and further elaborated its applications outside the landscape of transportation. Concluding his presentation, he said that with the use of good and secure smart card readers and terminals, and the integration of proper SAM, AFC applications could now extend beyond the scope of transportation. He further stated that the availability of high performance 32-bit terminal hardware in ACS products like ACR300 Bus Validator , ACR880 Mobile Ticketing Terminal and eH880 Secure Reloading Terminal; and ACOS7 Dual-interface Smart Card, enabled application implementation with much lower cost without compromising reliability and security. The conference was attended by a number of railway delegates from China, Taiwan, Macau, Hong Kong and Singapore. Co-organized by The Macau Institute of Engineers and The Institution of Engineering and Technology Hong Kong, it aimed to promote exchange of market and technical information among its members, in support of endeavors towards enhancing urban mass transits in many regions of the world.     About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide.Visit ACS at http://www.acs.com.hk/.

    https://www.acs.com.hk/en/press-release/307/acs-participates-in-the-second-cross-strait-railway-conference-2010/
  • ACS is shortlisted for the 2010 Asian SESAMES Award

    HONG KONG, 10 MAR, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, today announces that its eH880 eHealth Smart Card Terminal has been selected as one of the five finalists in the 2010 Asian SESAMES Award by CARTES in Asia. CARTES in Asia organized the first Asian SESAMES Award, which aims to reward the best technological innovations developed for the Asia Pacific market in the field of smart cards, digital security, identification, secure transactions, Internet of Things, and contactless technologies. ACS submitted an application for candidacy in the competition, with its eH880 as its representative product. The eH880 eHealth Smart Card Terminal, which has just won the 2009 Hong Kong Awards for Industry Certificate of Merit, was shortlisted along with four other finalists by the Asian SESAMES Award jury members, who are all industry professionals.With a dual interface that makes it compatible with both contact and contactless cards, the eH880 facilitates secure mutual authentication, displays detailed and multiple-layered information, and facilitates transactions through both private and public network infrastructures without compromising security. It is ergonomically designed and enhanced with additional features such as WiFi access and biometric fingerprint sensor. “We are very pleased to be one of the five finalists of the first ever Asian SESAMES Award held by CARTES in Asia. Having been recognized for its revolutionary contribution to the electronic healthcare market, our eH880 terminal is once again proven to be a formidably competitive product in the industry. We are excited and looking forward to the outcome of the award deliberation,” expressed Mr. Denny Wong, Chairman and CEO of ACS. As of March 9, 2010, the five finalists of the Asian SESAMES Award will be subject to final decision of the judging panel. The announcement of the winner will take place in the Asian SESAMES Award Ceremony on March 16, 2010, following the commencement of the Asian Card Summit in the same day.   About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk. About CARTES in Asia CARTES in ASIA is a regional exhibition and high-level congress covering digital security and smart technologies in the Asia Pacific Region. It is organized by a team that combines the experience and expertise of organizing annual CARTES & IDentification exhibitions in Paris over many years, along with colleagues and partners with detailed knowledge of the Asia Pacific market. Learn more about CARTES in Asia at http://www.cartes-asia.com .

    https://www.acs.com.hk/en/press-release/309/acs-is-shortlisted-for-the-2010-asian-sesames-award/
  • ACS participates in the first Cartes in Asia exhibition and congress

    HONG KONG, 24 Mar, 2010 – Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, participated in the first ever Cartes in Asia exhibition and congress held at Hong Kong’s AsiaWorld-Expo Exhibition Center from 16 to 18 Mar, 2010. ACS exhibited its products and participated in the Contactless Payment Conference, where ACS Sales Director, Mr. Gilbert Leung, shared ACS’s experience in global NFC and contactless applications. Cartes in Asia officially kicked off with the commencement of the Asian Card Summit on 16 Mar, 2010. The inauguration was immediately followed by the presentation of the Asian SESAMES Award, and the two-day exhibition and congress held on 17 to 18 Mar, 2010. Several thousands of visitors comprised of market players and decision makers from industries such as banking, telecommunications and transportation, attended the event that showcased the latest and most innovative smart card and digital technologies by over 100 exhibitors, including ACS. ACS exhibited flagship product lines like the ACR38 family of PC-linked smart card readers and the ACR122 family of NFC readers, among others. Visitors, mainly from China, Southeast Asia, France and Africa, came to visit and view the products at the ACS booth. Meanwhile, the two-day congress that welcomed the attendance of some 300 delegates opened the discussion on relevant industry topics, such as mobile payment strategy, governmental credentials, and smart security access. Mr. Gilbert Leung was among the speakers for the conference on contactless payments, where he presented an experience sharing on global NFC and contactless applications. Touching on the difference between traditional contactless and NFC technology for his introduction, he went on to present case studies referencing to ACS’s participation in certain NFC-based projects such as AFC (Automated Fare Collection) card projects in Singapore and Hong Kong, contactless payment scheme in taxis in Switzerland, and URL Advertising via NFC Phones in Japan. He concluded his presentation saying that contactless applications have now become borderless, enabling better management, wider coverage and more channels for contactless applications. “The arrival of Cartes here in Asia presents a lot of opportunities for the Asian market for smart card and other related technologies to flourish,” commented Mr. Leung. “As one of the pioneers in the smart card revolution, ACS supports the goal of Cartes in Asia to leverage on the quickly growing appreciation for smart card and digital technologies in the Asia Pacific region. We look forward to participating and showcasing more of our innovative products in the next Cartes in Asia exhibition and congress.”   About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk.

    https://www.acs.com.hk/en/press-release/312/acs-participates-in-the-first-cartes-in-asia-exhibition-and-congress/
  • ACS launches ACR122S Serial NFC Reader with Software Development Kit

    HONG KONG, 17 May, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, launches the new ACR122S Serial NFC Contactless Smart Card Reader and its Software Development Kit. Nowadays, the demand for the application of contactless technology in everyday transactions is proliferating. Public transportation, customer loyalty systems, network and physical access controls are only some of the many aspects of common life where the practical use of contactless technology has increasingly been applied. In this growing trend, ACS has become one of the trusted companies that develop and produce readers capable of recognizing and supporting all the four types of NFC tags. ACS first achieved this by introducing the ACR122U NFC Contactless Smart Card Reader, which is the world's first CCID-compliant NFC card reader. Now, with the introduction of the ACR122S Serial NFC Reader, ACS provides more options to customers who wish to implement contactless cards for efficient and secure transactions. Utilizing the 13.56 MHz RFID technology and compliant with the ISO/IEC 18092 NFC standard, the ACR122S is the serial interface (RS-232) extension of the ACR122 family of contactless readers/writers. It supports MiFare® and ISO 14443 Type A and B cards, as well as FeliCa and NFC tags. Further, each unit of the ACR122S features a buzzer and two LEDs to facilitate user interaction better. Its anti-collision and selective card polling capabilities ensures smooth operation despite the multiplicity of cards presented. It also secures contactless transactions through its built-in SAM slot. Other standard features include a USB interface for power supply, CCID-like frame format (Binary format) and a built-in antenna that has a card reading distance of up to 50mm. Equipped with all these features and other customizable options, the ACR122S is an ideal tool for various contactless operations. For more information on the product, visit http://www.acr122s.com/.   About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk.

    https://www.acs.com.hk/en/press-release/320/acs-launches-acr122s-serial-nfc-reader-with-software-development-kit/
  • ACS combines security and mobility with new ACR880 GPRS portable smart card terminal

    HONG KONG, 21 Jun, 2010 -- Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, today announces the launch of its ACR880 GPRS Portable Smart Card Terminal, along with two new software development kits (SDK), namely the ACR880 SDK and eH880 SDK. The latest addition to the ACS line of smart card readers with PIN-pad, ACR880 combines smart card security mechanisms with GPRS connectivity to provide users with a secure and convenient way of managing and transmitting information in a variety of applications, including e-Healthcare, e-Government and e-Administration. With more industries following the trend of digitizing information, it becomes a challenge for smart technology providers to offer products that go beyond current information management systems. Benefits such as reducing paper handling costs and human error, as well as enhancing data search capabilities and security are no longer the only considerations. With the growing reliance on and demand for mobile technology, information nowadays should not only be digital, but they should also be mobile. As such information management tools should be capable of managing information whenever and wherever they are needed. “ACR880 comes as a product of our tremendous efforts to respond to the new challenges of bringing information management to a whole new level,” expressed Mr. Gilbert Leung, Sales Director of ACS. “Apart from its security features that result from years of our expertise in the smart card technology, the device has been designed to have the versatility to work in a variety of environments and systems.” Features of the ACR880 allow users to access, store and transmit information through common connectivity mediums, such as GPRS and Ethernet. The device can work as a desktop device and can also be detached from its cradle to work as a fully-functional portable smart card terminal, making the device suitable for both office and field works. Further, ACR880 supports both contact and contactless interfaces, and has Secure PIN Entry (Support) and multiple SAM slots for enhanced security. It comes with a software development kit, which provides tools for developing and customizing smart card applications. For more information on ACR880, visit http://www.acr880.com/. Meanwhile, the SDK's may now be purchased at the ACS Global Store at http://www.acs.com.hk/index.php?pid=shop.   About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk.

    https://www.acs.com.hk/en/press-release/321/acs-combines-security-and-mobility-with-new-acr880-gprs-portable-smart-card-terminal/
  • ACS addresses current market trends with versatile ACOS6 and ACOS7 smart cards

    HONG KONG, 26 Jul, 2010 -- Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, today addresses the current market trends with versatile ACOS6 Multi-application & Purse (MAP) Card and ACOS7 Dual Interface Smart Card . Multiplicity is Key: ACOS6 Multi-application & Purse (MAP) Card Recently, the ACOS6 was deployed for two major projects in Eastern Europe - an e-purse card system for factories and an e-ID system for universities. More than 100,000 pieces of ACOS6 cards were deployed to the factories, which were used by workers to buy food and other items in their canteen without using any cash. Meanwhile, 60,000 pieces were supplied to the universities where the ACOS6 cards were developed based on its local government's specification for student ID cards. The viability of ACOS6 for various applications draws from its capability to address the requirements of multiple applications and multiple e-purses with secured access hierarchy of multiple levels. ACOS6 allows developers to incorporate more than one application in just one card, since individual applications are secured and use separate e-purses. This means that a single ACOS6 card can alternately fulfill the function of a membership card, a prepaid card and loyalty card, etc. Likewise, it can be enhanced by using the ACOS6-SAM (Security Access Module) Card that enables mutual authentication, secure messaging and key diversification to give applications added layers of security. Aboard AFC: ACOS7 Dual Interface Smart Card Introduced in the final quarter of 2009, the ACOS7 by ACS achieved the certification for compliance with China's Ministry of Construction (MoC) standard, a national "All-in-One Card" standard defined by the Chinese Government. The standard was established as a result of the MoC's vast involvement in nationwide "All-in-One Card" projects, which entailed the usage of a single smart card for multiple applications, for transit and/or non-transit. This certification provides testament to ACOS7's versatility, and gives it license to enter the booming Automated Fare Collection (AFC) projects in China and the rest of the world. A dual interface card, ACOS7 supports both contact and contactless interfaces. Optionally, it can be developed with only the contactless interface. ACOS7 is also compliant with the global ISO7816-4 standard. It supports secure e-purse and e-deposit transactions, and can be applied in transportation, retail, property and utility supply management, parking toll, and more. Learn more about these products at http://www.acos6.com/ and http://www.acos7card.com/ .   About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk.

    https://www.acs.com.hk/en/press-release/322/acs-addresses-current-market-trends-with-versatile-acos6-and-acos7-smart-cards/
  • ACS launches APG8201 and APG8202 dynamic OTP generators for e-banking security

    HONG KONG, 6 Sep, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, today announces the launch of APG8201 PINhandy 1 and APG8202 PINhandy 2 One-Time Password (OTP) Generators. Both new products are designed to provide banking customers with an easy implemented solution to process bank transactions securely. Trusteer, an internet security firm, based in the USA, reports in a study involving more than four million respondents that 73% of internet banking clients share their online banking password with at least one non-financial website, while 47% share both their online banking username and password with at least one non-financial website. These numbers reveal an alarming trend in web activity, which makes it easier for internet crime groups to steal online identity (i.e. username and password) from those less secure non-financial websites and then carry out frauds in the financial service websites. (Source: Reuters, 2010) In order to provide banking clients a secure way to manage their bank accounts by internet, ACS offers OTP generators to authenticate cardholders. Utilizing two-factor mutual authentication, cardholder first inserts his banking card (something he has) into the OTP generator, either APG8201 PINhandy 1 or APG8202 PINhandy 2, and enters his PIN code (something he knows) via the built-in PIN-pad. Both factors must be verified in order to generate an OTP, which is a unique and non-reusable password. Using this OTP, clients can securely login their account or process a transaction. "The launch of these two new products signifies our commitment to providing security to the banking sector using smart card technology," stated Gilbert Leung, Sales Director of ACS. "We have found a way to provide banking clients with a solution that strikes a balance between the ease and security of managing their online accounts." Both devices, APG8201 and APG8202, function the same under standalone mode, and are compliant with major international standards, namely ISO 7816, EMV Level 1, MasterCardR CAP, MasterCardR PLA and Visa DPA. The only difference is that APG8201 PINhandly 1 offers the additional function to support PC-linked mode for other smart card applications. With its Secure PIN Entry (SPE) support, APG8201 PINHandy 1 ensures that every PIN code entered via its keypad will not be exposed to security threats even when it is connected to the PC. For more information, visit http://www.apg8201.com/ and http://www.apg8202.com/.     About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk.

    https://www.acs.com.hk/en/press-release/323/acs-launches-apg8201-and-apg8202-dynamic-otp-generators-for-e-banking-security/
  • ACS in "Asia's 200 Best Under a Billion" companies by Forbes Asia

    HONG KONG, 24 Nov, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, has been named one of Forbes Asia's "200 Best Under a Billion" companies in 2010. Early in September, Forbes Asia released a list of Asia Pacific's top 200 well-managed enterprises. Selection criteria being profitability, growth, modest indebtedness and future prospects, ACS was chosen by Forbes out of a universe of 12,930 public companies in Asia Pacific with actively traded shares and sales between US$5 million and US$1 billion. Of the companies included in the list, 71 are from China and Hong Kong, the most represented region, followed by 39 from India. ACS is one of 18 Asia Pacific companies classified under the Technology Hardware & Equipment industry, and one of only two from Hong Kong in this category. Denny Wong , Chairman and CEO of ACS represented the company and attended the award presentation ceremony on 23 Nov, 2010. "I am very happy to learn that ACS is recognized by Forbes as a well-managed company," said Denny. "We will continue our long endeavour in developing smart card and reader technologies and providing high quality products and services to our customers worldwide. I am grateful to all the staff for their dedication and their good work. I appreciate the great support from other stakeholders including our customers, our other business partners and our shareholders." Incidentally, the special recognition from Forbes Asia came just in time as ACS commemorates its 15th-year anniversary in the industry this year. For fifteen years, the company has devoted itself to the smart card industry as one of the world's frontrunners in providing smart card and reader technology products. Get the whole list of Forbes Asia's "200 Best under a Billion" at http://www.forbes.com/lists/2010/24/asia-under-billion-10_Asias-200-Best-Under-A-Billion_Company.html.         About ACS Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk/ . About Forbes Asia Forbes Asia is the English language publication of Forbes magazine in the Asia-Pacific region. It publishes an extensive number of original articles on Asia and other regions. Forbes Asia complements the coverage of existing international editions of Forbes in the region including, Forbes China, Forbes India, Forbes Korea and Forbes Indonesia. Get the latest from Forbes Asia at http://www.forbes.com/home_asia/.      

    https://www.acs.com.hk/en/press-release/425/acs-in-asias-200-best-under-a-billion-companies-by-forbes-asia/
  • ACS in "Asia's 200 Best Under a Billion" companies by Forbes Asia

    HONG KONG, 24 Nov, 2010 - Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's number one supplier of PC-linked smart card readers, has been named one of Forbes Asia's "200 Best Under a Billion" companies in 2010. Early in September, Forbes Asia released a list of Asia Pacific's top 200 well-managed enterprises. Selection criteria being profitability, growth, modest indebtedness and future prospects, ACS was chosen by Forbes out of a universe of 12,930 public companies in Asia Pacific with actively traded shares and sales between US$5 million and US$1 billion. Of the companies included in the list, 71 are from China and Hong Kong, the most represented region, followed by 39 from India. ACS is one of 18 Asia Pacific companies classified under the Technology Hardware & Equipment industry, and one of only two from Hong Kong in this category. Denny Wong , Chairman and CEO of ACS represented the company and attended the award presentation ceremony on 23 Nov, 2010. "I am very happy to learn that ACS is recognized by Forbes as a well-managed company," said Denny. "We will continue our long endeavour in developing smart card and reader technologies and providing high quality products and services to our customers worldwide. I am grateful to all the staff for their dedication and their good work. I appreciate the great support from other stakeholders including our customers, our other business partners and our shareholders." Incidentally, the special recognition from Forbes Asia came just in time as ACS commemorates its 15th-year anniversary in the industry this year. For fifteen years, the company has devoted itself to the smart card industry as one of the world's frontrunners in providing smart card and reader technology products. Get the whole list of Forbes Asia's "200 Best under a Billion" at http://www.forbes.com/lists/2010/24/asia-under-billion-10_Asias-200-Best-Under-A-Billion_Company.html.         About ACSAdvanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's number one supplier of PC-linked smart card readers and winner of Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. One of a select group of global companies at the forefront of the smart card revolution, ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk/ . About Forbes AsiaForbes Asia is the English language publication of Forbes magazine in the Asia-Pacific region. It publishes an extensive number of original articles on Asia and other regions. Forbes Asia complements the coverage of existing international editions of Forbes in the region including, Forbes China, Forbes India, Forbes Korea and Forbes Indonesia. Get the latest from Forbes Asia at http://www.forbes.com/home_asia/.

    https://www.acs.com.hk/en/awards-recognition/426/acs-in-asias-200-best-under-a-billion-companies-by-forbes-asia/
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