SCM Microsystems and Reiner SCT Agree to Technology Exchange to Enhance Product Portfolios
November 25 2008 - 2:30AM
PR Newswire (US)
ISMANING, Germany, Nov. 25 /PRNewswire-FirstCall/ -- SCM
Microsystems, Inc.
(NASDAQ:SCMMNASDAQ:PrimeNASDAQ:Standard:NASDAQ:SMY), a leading
provider of solutions that open the Digital World, and Reiner SCT,
a leader in smart card readers, today announced their agreement to
share smart card reader technology in order for each company to
enhance its product portfolio. Under the agreement, both companies
will have the opportunity to rebrand and sell certain products from
the other. There will also be an exchange of product support
information, so that each company can directly provide support for
the products it sells from the other. SCM Microsystems will be able
to sell Reiner SCT's Class 3 smart card readers, which are
compliant to the digital signature law of the German government and
used in enterprise and financial applications where a high degree
of security is required. Additionally, SCM will be able to sell
transaction number (TAN) generators for financial and enterprise
network access from the German-based Reiner SCT. Reiner SCT will
extend its product portfolio with proven Class 1 smart card readers
and multi-functional tokens from SCM Microsystems. Additionally,
the company gains the advantage of SCM's broad experience with
smart card reader implementations around the world. "We are really
pleased to be able to work with SCM Microsystems for this
exchange," said Carsten Sommer, chief executive officer of Reiner
SCT. "Their high quality product offerings and strong international
presence balance our depth in the German market. We have an ideal
opportunity to create synergy with this cooperation, and to offer
solutions for virtually any application to our customers." "With
Reiner SCT we found a partner whose solutions perfectly complement
our product portfolio and whose market knowledge provides valuable
insight. Both our customers and theirs will benefit from the
expanded set of solutions we are now able to offer," said Manfred
Muller, executive vice president, strategic sales and business
development of SCM Microsystems. About SCM Microsystems SCM
Microsystems is a leading provider of solutions that open the
Digital World by enabling people to conveniently access digital
content and services. The company develops, markets and sells the
industry's broadest range of contact and contactless smart card
reader technology for secure PC, payment systems, network and
physical access, and digital media readers for transfer of digital
content to OEM customers in the government, financial, enterprise,
consumer electronics and photographic equipment markets worldwide.
Global headquarters are in Ismaning, Germany. For additional
information, visit the SCM Microsystems web site at
http://www.scmmicro.com/. About Reiner SCT Kartengerate GmbH &
Co. KG The Black Forest-based technology company Reiner SCT has
been developing, manufacturing and selling chip card readers and
software solutions for the construction of IT security
infrastructures since 1997. Reiner SCT, based in Furtwangen in
Germany's Black Forest, is part of the globally operating Reiner
Group, family-owned since 1913. The company's product range focuses
on various fields of the economy: banking (online banking,
electronic signature), the health sector (health insurance cards)
and trade and industry (time registration). Reiner SCT is engaged
in making added-value solutions within the banking sector more
popular, e.g. the money card, as well as pressing ahead with
innovate solutions, e.g. the health insurance card. Reiner SCT's
cyberJack family provides a targeted selection of certified chip
card readers. The chip card reader manufacturer also combines
electronics, software and solid mechanics into reliable and
innovative individual technology solutions. Furthermore Reiner SCT
offers the wide time registration portfolio, timeCard, for small
and medium-sized businesses. DATASOURCE: SCM Microsystems, Inc.
CONTACT: Carsten Sommer, Geschaftsfuhrer of Reiner SCT,
+49-7723-5056-0, Fax, +49-7723-5056-78, ; or Brian Patrick Rothwell
of Fink & Fuchs Public Relations AG, +49-611-74131-16, Fax,
+49-611-74131-22, , for SCM Microsystems, Inc.; or Annika Oelsner
of SCM Microsystems Europe, +49 89 9595-5220, ; or Darby Dye of SCM
Microsystems US, +1-510-249-4883, Web site:
http://www.scmmicro.com/ http://www.reiner-sct.com/
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