TagMaster has received a significant order for the new RFID RailTag
Press release, Stockholm, Sweden, June 20, 2018
TagMaster, the leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail Solutions has received a significant order for the new RFID RailTag to be used in London Underground.
The new RailTag is an evolution of the successful MarkTag HDS FP with a proven track record in numerous CBTC Metro installations worldwide. The Marktag HDS FP has been sold in numbers of tens of thousands during the last 12 years. The new RailTag is designed to have a 20 year expected Service Life in CBTC applications and by this it addresses the increased need of availability of the tracks in the most heavily trafficked Metro Systems around the globe.
Since it is fully compatible with the MarkTag HDS FP it can be used in existing CBTC installations without any further adjustments of the RFID Radio systems on the vehicles.
The London Underground upgrade is an essential part of Transport for Londons effort to cope with the capitals population growth by a projected 1-2 million people over the next 15 years
The products will be delivered during 2018.
” This order confirms that our ambition that, together with Balogh, become a stronger supplier within Rail Solutions is clearly materializing. We together have a wider product offering and we will together become a true leading actor in train signaling” says Jonas Svensson, CEO, TagMaster.
For further information please contact:
Jonas Svensson, CEO, +46 8-6321950, jonas.svensson@tagmaster.com
About TagMaster
TagMaster is an application driven technology company that designs and markets advanced sensor systems and solutions based on radio & vision technology (RFID, Radar & ANPR) for demanding environments. Business areas include Traffic Solutions and Rail Solutions sold under the brands TagMaster, CitySync, Balogh, CA Traffic and Magsys with innovative mobility solutions in order to increase efficiency, security, convenience and to decrease environmental impact within Smart Cities. TagMaster has dedicated agencies in the US and in China and exports mainly to Europe, The Middle East, Asia and North America via a global network of partners and, systems integrators. TagMaster was founded in 1994 and has its headquarters in Stockholm. TagMaster is a public company and its shares are traded on First North stock exchange in Stockholm, Sweden. TagMasters certified advisor is Erik Penser Bank. www.tagmaster.com