Chinese TraditionalChinese SimplifiedKoreanJapanese

Innovision Research & Technology plc Joining the Board of the NFC Forum

Thursday 9th April, 2009

Innovision Research & Technology plc is pleased to announce that it is joining the Board of the NFC Forum and is now a Sponsor member.

Products with built-in Near Field Communication (NFC) technology will dramatically simplify the way consumer devices interact with one another and are a major focus for the Company and its advanced intellectual property. The NFC Forum was formed in 2004 as a global organisation to advance the use of this technology. The NFC Forum by-laws allow 15 Sponsor-level members, who are reviewed by the Board of Directors to ensure applicants are global leaders and to maintain a balance among regions and sectors out of a total membership of around 150 companies.

Formerly a Principal member, Innovision now joins fellow Sponsor members Nokia, Mastercard Worldwide, Microsoft, NXP Semiconductors, Visa Inc., Sony, Renesas Technology, Samsung Electronics, NTT DoCoMo, Inside Contactless, Panasonic, NEC and Hewlett-Packard.

David Wollen, Chief Executive Officer, said:

"We are both proud and excited to be joining the Board of a body which is made up of such prestigious members. This step is both a recognition of our hard work and technical contribution to this important emerging technology as well as an important milestone for the development of the company. Many of our customers and partners are members, or considering membership, and this move will allow us to increase our influence and support for the direction the industry takes." 

Enquiries:

Innovision Research & Technology plc       Tel:01285 888200

David Wollen, Chief Executive

Brian McKenzie, Finance Director

 

KBC Peel Hunt Ltd (Nominated Adviser and Broker)    Tel: 020 7418 8900

David Anderson 

 

About Innovision Research & Technology plc

Innovision Research & Technology plc, is leading the next generation of NFC/RFID solutions. As the leading fabless developer of Short-Range Data Communication semiconductor and system solutions, with particular focus on NFC/RFID (Radio Frequency Identification) and ultra low-cost Integrated Circuit (IC) and RF electronic design, IRT is pushing cost performance to enable clients to get maximum utility for minimum cost.

The company develops innovative semiconductor technologies, ICs, RF systems (HF/UHF) and complete end product applications for mass volume commercialisation and then licenses customers for its incorporation into their own products.

At the heart of the emerging Near Field Communication (NFC) market, Innovision R&T designs and develops NFC/RFID IC solutions for the global mobile handset and consumer device sectors.

Products include Topaz, mandated by the NFC Forum as the NFC number one tag type format, Jewel for mass transit ticketing applications, and io, the world's smallest standards compatible Near-Field RFID reader.

Headquartered in the UK, Innovision R&T was listed in 2001 on the Alternative Investment Market (AIM) of the London Stock Exchange (ticker symbol:INN).

< Back to Financial News