Business
Card Tech International Plans NASDAQ Move
Card Tech International Plans NASDAQ Move.
About this update from Tocca Life Holdings, Inc.
[{"type":"text","content":"T-Bay Holdings has retained legal counsel to prepare a move to the NASDAQ once the Card Tech International merger has been completed.Card Tech International is a company engaged\nin innovative mobile handheld devices and aims to revolutionize the\nmarkets of identification, security and monetics using biometric identification\ntechnologies.\n\n PinKey Smart\n\nThe smart card evolves and becomes safer\n\nPinKey\nSmart integrates a fingerprint sensor within it's 0.76 mm thickness, with\nminimum costs and dimensions, it will allow the infallible binomial of payments\nand biometrics. More certainty for the user and compatibility with the existing\ninfrastructure (POS, ATM, smart card readers). With this revolutionary smart card,\nflexible and self-powered, logical and physical access will benefit of a\nsecurity level unbelievable until yesterday.\n\nMarket research points to the SmartCard Market being worth\nalmost $8b USD by 2018, here is part of that research from Transparency Market\nResearch (TMR).\n\nA smart card is usually a plastic card which contains a\nmemory or microprocessor chip embedded in it, which is capable of storing and\ntransmitting data.\n\nSmart cards market can be classified based on the basis of\nthe interface into contact smart cards, contactless smart cards, and hybrid\nsmart cards. Based on its components, there are two types - memory smart cards\nand microprocessors. Smart cards have a wide area of application such as in\ntransportation, telecommunication, for making government IDs, in the financial\nsector and in paid TV services. In addition to these, geographically the market\nis divided into North America, EMEA, Asia-Pacific, and Rest of the world.\n\nThe global smart card market was valued at USD 4.5 billion\nin 2011 and is expected to grow at a CAGR of 7.7%. The market is expected to\nreach USD 7.9 billion by 2018. The telecommunication sector is the largest\nrevenue generator for the smart card market, contributing about 50% of the\nrevenue. Geographically, EMEA is the largest revenue generator for the smart\ncards market on account of technology competence and demand for secured\ntransactions.Card\n Tech International is a company engaged in innovative mobile handheld \ndevices and aims to revolutionize the markets of identification, \nsecurity and monetics using biometric identific...