The orders will come through MasriaCard, SMARTRAC's local partner in Egypt and a leading smart card and RFID solutions provider in the region Middle East and Africa. MasriaCard was recently awarded as supplier of contactless cards to the Cairo Metro Organization.

"We are pleased to cooperate with our experienced local partner MasriaCard in this project", said Wolfgang Schneider, Chief Sales Officer (CSO) of SMARTRAC. "Based on our long-term experience as a major supplier of RFID inlays for public transportation systems around the world, our RFID inlays are best suited to support efficient mass transportation solutions."

SMARTRAC will deliver PVC PRELAM to MasriaCard who will then convert them into finished and branded cards that the Cairo Metro Organization will issue to its passengers.

PRELAM is a registered trademark of SMARTRAC and characterizes the core element of an RFID smart card, comprising all required electronic components to include a microchip and an antenna. The challenge in making this card inlay is to embed the microchip and the antenna in a way that functionality will not be affected by further card manufacturing and printing processes. The contactless card inlays rely on the company's advanced, proprietary wire-embedding technology that has proven to be best suited for high-profile applications.

Currently Cairo's Metro system consists of two operational lines, with a third line in the planning stage. The first two lines carry around 700 million passengers a year at an average of two million passengers per day.