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SMARTRAC Joins the OSPT Alliance as Full Member

RFID Technology Leader Will Work to Advance Open, Vendor-Neutral
Fare Collection Systems

MUNICH, Germany and Amsterdam, Netherlands, February 21, 2012 - The Open
Standard for Public Transport (OSPT(TM)) Alliance today announced that
SMARTRAC, a leading developer, manufacturer, and supplier of RFID
transponders, has joined the OSPT Alliance.  As a full member of the
Alliance, SMARTRAC will participate in the Alliance´s activities around the
development of next-generation transit fare collection systems based on the
CIPURSE(TM) open security standard.

´We recognize the OSPT´s mission and the work of its members to establish
CIPURSE as the first, open global standard for next-generation transit fare
collection, ´ said Wolfgang Schneider, Member of the Management Board at
SMARTRAC.  ´CIPURSE represents a critical opportunity for the transport
ecosystem to move to next-generation fare collection systems, and we look
forward to working with industry partners in OSPT to achieve these goals.´

The CIPURSE open security standard addresses the need by transit
authorities for future-proof fare collection systems with more advanced
security than currently in use.  Because it is an open standard, CIPURSE
promotes vendor neutrality, cross-vendor system interoperability, lower
technology adoption risks, higher quality and improved market
responsiveness, all of which result in lower operating costs and greater
flexibility for transport system operators. CIPURSE also offers a global
basis for a faster transition of transit fare systems to the use of
emerging NFC mobile phones and other devices, and support for the adoption
of NFC transit applications for a truly future-proof solution.

´We are pleased to welcome SMARTRAC as the newest member of the OSPT
Alliance, ´ said Laurent Cremer, executive director. ´SMARTRAC is a key
supplier in the value chain in the transport industry and will be an
invaluable resource to our members as we work to establish the benefits of
an open approach in public transport systems throughout the world.´

About SMARTRAC:
SMARTRAC is a leading developer, manufacturer, and supplier of RFID
components for a broad range of applications in all current frequency
standards. The company produces both ready-made and customized transponders
for public transport, access control, RFID-based car immobilizers, animal
identification, libraries, industry, and logistics.

SMARTRAC is one of the global market leaders in high-quality RFID inlays
for electronic passports (e-passports) and contactless credit cards
(e-payment) as well as for RFID transponders for public transportation
applications. SMARTRAC was founded in 2000, went public in July 2006, and
trades as a stock corporation under Dutch law with its registered
headquarters in Amsterdam. The company currently employs approximately
3,300 employees and maintains a global research and development,
production, and sales network.

If you have any questions, please contact:
Tanja Moehler
Head of Corporate Communications & Marketing
SMARTRAC N.V.
Phone: +31 20 30 50 157
Email: tanja.moehler@smartrac-group.com
Internet: http://www.smartrac-group.com

About the OSPT Alliance:
The OSPT Alliance is an international association chartered to define a new
open standard for secure transit fare collection solutions. It provides
industry education, creates workgroup opportunities and catalyzes the
development and adoption of innovative fare collection technologies,
applications and services. The OSPT Alliance was founded by leading
technology companies and membership is open to technology providers,
transit operators, consultants, solution vendors, government agencies and
other stakeholders in the transit ecosystem. For additional information,
please visit http://www.osptalliance.org.

For additional information:
Patrick Corman
OSPT Alliance
+1-650-326-9648
patrick.corman@osptalliance.org

Forward-looking statements:
To the extent that this press release contains forward-looking statements,
such statements are based on assumptions, planning, and forecasts at the
time of publication of this press release. Forward-looking statements
always involve uncertainties. Business and economic risks and developments,
the conduct of competitors, political decisions, and other factors may
cause the actual results to be materially different from the assumptions,
planning, and forecasts at the time of publication of this press release.
Therefore, SMARTRAC N.V. does not assume any responsibility relating to
forward-looking statements contained in this press release. Furthermore,
SMARTRAC N.V. does not assume any obligation to update the forward-looking
statements contained in this press release.

End of Media Release

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SMARTRAC Joins the OSPT Alliance as Full Member