February 12, 2009: Bartronics Asia Pte Ltd, a wholly owned subsidiary of Bartronics India Ltd. has bagged a prestigious order of providing 48,000 RFID tags to Housing Development Board of Singapore.
The development augurs well for Bartronics as it bagged the order by competing against international RFID tag manufacturers and the trial order is expected to result into a continuous requirement for use on regular projects.
Commenting on the order, Bartronics India Ltd Managing Director Mr. Sudhir Rao said "We are pleased by the Singapore Housing Development Board's order, which provide visibility in 2009 and our ability to successfully deliver on our strategy for market penetration in South East Asia despite the concern regarding a global economic slowdown. We anticipate making additional contract announcements in the near future that will further reinforce the execution of our growth strategy".
In a recent budget announcement, the Government of Singapore had allocated about $212 million to the Housing Development Board in the form of operating grants.
The Housing Development Board intends using the tags in precast concrete slabs used for Public Housing. The tags will enable the government to identify the slabs supplied by the various contractors to a public housing project during their internal quality control checks.
For the purposes of the tender, Bartronics used its state-of-the-art manufacturing facility situated at Hyderabad, India. The samples that were supplied surpassed stringent quality measures in terms of design, manufacturing process and chip encoding process. Tags manufactured by Bartronics are currently being tested in various laboratories world-wide for their suitability to different applications. The tags already comply with international standards Mifare and Desfire.
Bartronics Asia Pte Ltd in December 2008 had secured EPPU (Expenditure and Procurement Policies Unit) registration with a S10 (highest) grade from the Singapore Government. EPPU is a unit under finance ministry of Singapore Government and the highest grading by it will enable the company to qualify for bidding for projects worth over S $30 million.
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