Munich, Germany - November 29, 2016 - Scalable CIPURSE™ based electronic fare collection systems are now being implemented in Russia by Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Udobny Marshrut, LLC (UM). UM has started roll-out in Izhevsk and Angarsk; seven other metropolitan regions are planned to follow by end of 2016. In the end, a total of two million people are expected to benefit from customized, easy-to-use and particularly secure ticketing solutions for public transportation.
In contrast to prevalent proprietary solutions, CIPURSE allows to develop a large variety of ticketing products: from smart cards with annual or monthly validity to single use electronic paper tickets and even multifunctional identification documents. The city of Angarsk, for example, already issues social cards with transport ticketing functionality for scholars and senior citizens.
'With CIPURSE we have the choice to select the most suitable and innovative chip products for cost-efficient ticketing solutions. While systems can be migrated smoothly over the air,' said Petr Sokolovski, General Director Udobny Marshrut, LLC.
UM is the second largest systems integrator for automated fare collection in Russia. Their decision to migrate to CIPURSE technology underlines the strengths of the open standard defined by the OSPT Alliance. Firstly, the availability of competitively priced chip components that allow to introduce diverse form factors for electronic fare collection. And secondly, enhanced security particularly important in context with multi-application. Infineon provides UM with various CIPURSE-based security chips that are integrated into smart cards for long term usage, single use tickets and governmental identification documents.
The comprehensive Infineon portfolio of CIPURSE-based security products will be on display at Expo City Trans 2016 in Moscow, November 29 to December 2, 2016, booth С 1.19. Further information is available at: www.infineon.com/cipurse
Infineon Technologies AG published this content on 29 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 November 2016 17:53:02 UTC.
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Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).