|By Marketwired .||
|November 5, 2012 05:00 AM EST||
EINDHOVEN, THE NETHERLANDS -- (Marketwire) -- 11/05/12 -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced the MIFARE Ultralight EV1, its next generation of contactless paper ticketing ICs. The MIFARE Ultralight EV1 is an optimized 'smart paper' ticket IC with unique features which enable transport operators to enjoy more flexibility in ticketing and tariff schemes, extending options for limited-use applications and ensuring more reliable system operation.
The MIFARE Ultralight EV1 is a non-cryptographic product which addresses the demand for low-value or disposable tickets. Leveraging smart paper tickets, transport operators can offer day passes or limited-use tickets for tourists and occasional travellers. Additionally, smart paper tickets enable public transport operators to run a fully integrated contactless system with only one reader infrastructure for cards and tickets, freeing them from the need to maintain systems for both mag-stripe and barcode-based tickets. As well as reducing overall system and maintenance costs, the MIFARE Ultralight EV1 enables easy integration of multiple services such as tourist day passes and improves interoperability with the contactless reader infrastructure, which is largely based on NXP's reader ICs.
The new features of MIFARE Ultralight EV1 -- such as three independent 24 bit one-way counters -- are enabling transport operators to integrate flexible ticket tariff schemes through enhancing trip counting, reloading, limited stored values and expiry date management.
One application example is the use of multiple counters for a zone- or mileage-based tariff scheme in a check-in / check-out system. Another application is the smart combination of trip- and reload-counting. In addition, a new 32-bit password protects data from being accessed without authorization. The NXP 'originality signature' enables vendor verification of each single IC -- this contributes to a more reliable system and allows transport operators to identify and reject tickets which are not qualified to work in the specific application.
According to the latest report from ABI Research about drivers and trends in the contactless ticketing market, the total smart paper ticketing market will continue to grow in the next five years with an annual growth rate of 18.6%. The main reasons for this are the increase in contactless ticketing solutions with a much higher replacement rate than frequent rider cards, and the growing adoption of contactless ticketing systems worldwide.
NXP leads in the contactless paper ticketing market with 87% market share, and in the overall transport ticketing market with a market share of 73%. NXP is the industry's only provider of complete identification as well as transit ticketing solutions, from low-end ticketing to high-end secure controller platforms such as the corresponding reader ICs and SAMs.
"Our MIFARE product portfolio is designed to support transport operators running efficient contactless ticketing systems in order to bring more convenience to their passengers. Our products are defined by market and system requirements, and are built on our experience with more than 650 cities around the world using MIFARE," said Ulrich Huewels, vice president and general manager, business line card security, NXP Semiconductors. "The new MIFARE Ultralight EV1 is a prime example of this approach, where we are defining the features required by smart cities of tomorrow together with leading solution providers. We enable operators to increase the quality of their services while at the same time reducing system complexity."
The MIFARE Ultralight EV1 will be introduced at the CARTES exhibition in Paris (Nov 6 - 8), where NXP will be showcasing trusted smart life solutions at booth 4J027. Product samples are already available.
MIFARE Ultralight EV1 Highlights:
- 48 byte or 128 byte freely programmable user memory
- Three 24-bit counters to support state of the art ticketing applications
- Fast-read command to retrieve multiple memory pages with a single command
- Backwards compatible to MIFARE Ultralight
- 17 pF input capacitance
- High RF performance
- Configurable 32-bit password protection of user memory
- Configurable limit of unsuccessful authentication attempts
- NXP originality signature
- 75 µm or 120 µm thin bumped wafer delivery form
- Supports the virtual card architecture for media type identification
NXP MIFARE is the leading open architecture technology platform for contactless ticket, card and reader solutions. With more than 50 million reader core components and 5 billion smart card ICs sold, MIFARE is a proven and reliable technology and represents the largest installed base worldwide. Compliant with the ISO / IEC 14443 international standard, MIFARE ensures that today's infrastructure can easily be upgraded. It enables service providers to expand their transportation networks and to integrate additional services such as payment systems for taxi fares, cinema and theatre tickets, loyalty programs, access management and parking, all while reducing the total costs of operations. In addition, MIFARE4Mobile guides the successful extension of the MIFARE technology platform into NFC enabled devices. www.MIFARE.net
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.2 billion in 2011. Additional information can be found by visiting www.nxp.com
Note to Editors
MIFARE is a trademark of NXP. All other brands or product names are property of their respective holders.
This document includes forward-looking statements which include statements regarding our business strategy, financial condition, results of operations, and market data, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions, our ability to successfully introduce new technologies and products, the demand for the goods into which our products are incorporated, our ability to generate sufficient cash, raise sufficient capital or refinance our debt at or before maturity to meet both our debt service and research and development and capital investment requirements, our ability to accurately estimate demand and match our production capacity accordingly or obtain supplies from third-party producers, our access to production from third-party outsourcing partners, and any events that might affect their business or our relationship with them, our ability to secure adequate and timely supply of equipment and materials from suppliers, our ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly, our ability to form strategic partnerships and joint ventures and successfully cooperate with our alliance partners, our ability to win competitive bid selection processes to develop products for use in our customers' equipment and products, our ability to successfully establish a brand identity, our ability to successfully hire and retain key management and senior product architects; and, our ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and our business segments generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, our market segments and product areas will develop. We have based these assumptions on information currently available to us, if any one or more of these assumptions turn out to be incorrect, actual market results may differ from those predicted. While we do not know what impact any such differences may have on our business, if there are such differences, our future results of operations and our financial condition could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, we do not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available from on our Investor Relations website, http://www.nxp.com/investor or from the SEC website, http://www.sec.gov.
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