Release Date: 17 March 2009
Release ID: 3634
Leading RFID and identity management service provider Australian Fastcards Pty Ltd announced today that Switzerland-based Bluehill ID has completed the acquisition of their business.
According to Scott Austin, Founder and President of Fastcards, the business is an identity management service provider serving government and industry clients in addition to providing RFID tracking solutions for mining and industrial applications.
“Fastcards offers a unique patented Web Based Credential Management solution most recently deployed in conjunction with RFID tagged credentials at the World Youth Day 08 event in Sydney,” Mr Austin said.
“We commenced operations in Brisbane, Queensland, in 2003 along with our subsidiaries, Sunshine Technologies and id-DNA. The company’s unique RFID and Web Solutions will be sold through the Bluehill Group around the world and bring a great depth of knowledge and engineering competence to the Bluehill Group,” Mr Austin said.
Fastcards is also an official issuing body of the Maritime Security ID Card and a provider of ID and RFID Solutions to Government, Mining and the Industrial Sector throughout Australia.
According to Ayman S. Ashour, CEO of Bluehill ID, “Fastcards has been a pioneer in serving the Australian market with innovative outsourced identity management solutions. Scott Austin and his team have developed tremendous expertise in this area that we expect will fit well with our other group companies.”
Scott Austin added that “Fastcards are well acquainted with the Bluehill ID Team and already have strong working relationships with several Group companies.”
“Fastcards are excited about joining the Bluehill Team and believe this will open up important opportunities for our solutions and will help solidify our technology and product base particularly in RFID.” Mr Austin said.
About Fastcards Pty Ltd
Fastcards Pty Ltd (www.fastcards.com.au) is an identification technology company focussing on personalisation, programming and issuance of ID credentials based in Brisbane, Australia. Fastcards offers a panel of services from online express ID cards delivery to customised ID management solutions. The products focus on secure credential management for corporations, governments, events as well as for mobility verification using RFID, and contact smartcard solutions including people ID and security cards.
About Bluehill ID AG
Bluehill ID AG (www.bluehill-id.com) is an international company with headquarters in Switzerland and listed on the Frankfurt Stock Exchange (ISIN CH0031958629; Symbol BUQ.F/BUQ.DE) Bluehill ID is dedicated to the responsible use and development of RFID and other automatic identification technologies in the security, national identification, tracking and other growing applications. The business model of the company is based on combining disciplined acquisitive growth with strong organic growth from portfolio companies.
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